Dance Franchises – Your Ultimate Guide
If you are considering the possibility of investing in a dance franchise, then you could be making one of the best decisions you’ve ever made in your entire life. There’s no denying the many benefits associated with owning a franchise, and if you already have a passion for dance, then you may have discovered one of the most fulfilling vocations you’ll ever find.
In this guide, we’re going to take a closer look at the many advantages of owning a dance franchise, and we will also examine some of the most popular opportunities currently available in the marketplace. By the time you have finished reading, you’ll have a much greater insight into the current dance franchise industry, so without any further delay, let’s explore further.
The advantages of owning a dance franchise
First of all, the biggest advantage of starting out with a franchise, rather than setting up your own dance studio from scratch, is that you will have a great deal of additional help and support when you need it the most.
What’s more, owning a franchise means that you’ll already have a presold customer base, just as long as you pick a franchise that has an excellent reputation in the wider marketplace.
In many cases, starting out with a franchise will mean that you can experience excellent profits from day one, rather than taking the perilous risk of starting a brand-new business from scratch.
Everybody is aware of the terrifying statistics associated with new start-up business failure, but it’s safe to say that opening a new dance studio with the helping hand of a franchise will go a long way towards ensuring your long-term success.
Of course, while there are many benefits associated with opening a dance franchise, it’s also worth noting one of the drawbacks. Perhaps the biggest drawback is the fact that you will not be completely independent.
So if you are adamant about setting up your very own studio and having complete control of every aspect of the business, then perhaps a dance franchise isn’t for you. But most people would agree that the advantages far outweigh the disadvantages when it comes to investing in a dance franchise.
The different opportunities available to you
Now, it’s worth considering what type of dance franchise you are interested in investing in. Obviously, there is a broad range of dance styles available these days, so selecting a franchise opportunity that fits in with your passions, as well as taps into a wider demand in the marketplace is an important decision to make.
Additionally, dance franchises can range from the fitness orientated styles of dance such as Zumba and Jazzercise, all the way to the artistic heights of ballet, tap dancing, ballroom dancing, hip-hop dancing and more.
With this in mind, it’s a good idea to select a dance franchise that appeals to your own interests, but also satisfies the demand of the people in the local area. In general, the placement of your studio plays a big role in its overall success and profitability, so this will be something you will need to consider carefully before making your ultimate decision.
Popular Dance Franchise Opportunities Available
Now that we’ve covered the fundamentals, it’s time to explore some of the specific dance franchises available to you. While there’s no guarantee that any one of these franchises will be available in your local area, there’s no harm in investigating these options further if they interest you.
This popular dance franchise is dedicated to offering lessons to children, and it is a well-respected brand that will draw in people from the surrounding area with the greatest of ease.
In general, they focus on providing lessons for children anywhere from 18 months to 12 years of age, and they also teach a broad range of styles – ranging from tap, hip-hop, jazz, and more.
The company provides extensive original music and choreography, which makes your life a whole lot simpler when it comes to running the franchise, and they are certainly a popular option.
Fred Astaire Dance Studios
Another fantastic option if you’re looking to invest in a ballroom dance franchise is the Fred Astaire dance studio.
As you would expect, the popular name of Fred Astaire goes a long way towards drawing attention to this franchise, although interestingly, he divested his interest in the chain way back in 1966 – although he allowed the use of his name to continue.
When it comes to ballroom dancing, this is one of the best franchises around, and it’s also safe to say that the demand for ballroom dancing lessons is always relatively high. This usually means your investment in a ballroom dancing franchise such as this one will be a resounding success in many locations.
In regards to the facts and figures, the franchise fee is around $15,000, with an 8% royalty, and an initial investment of anywhere from $150,000-$400,000. Ultimately, this makes it a relatively flexible franchise that’s well worth the investment.
Millennium Dance Complex
Another popular dance franchise that has greatly benefited from the popularity of shows such as Dancing With The Stars and So You Think You Can Dance, is the millennium dance complex.
With a big focus on teaching the latest contemporary, hip-hop, and funk styles – you are sure to have many people attending the studio to learn these fantastic dance techniques. Of course, they also teach some of the more traditional styles such as ballet and ballroom.
Interestingly, the studio has taught countless big stars, such as Justin Timberlake, Katy Perry, and many more big names – which goes a long way towards enhancing the overall appeal of the studio brand.
One of the great advantages of this franchise is that it has a surprisingly low start-up and overhead costs, and you do not need any experience in the dance industry either. This makes it a great opportunity for anybody who has held a lifelong ambition of running a successful dance studio, and investing with this company is an excellent way to make your dream become a reality.
If your heart is captivated by ballroom dancing, then it’s a good idea to invest in a franchise that focuses specifically on your passion. There’s no denying that focusing on what you love the most will help you during the difficult days, and there is nothing quite like the appeal of ballroom dancing to give you high lesson attendance, either.
Planet ballroom focus predominantly on ballroom and Latin dance styles – and their honest approach to business make them a fantastic option for anybody who is new to the industry.
If you’re looking for a change of pace and love working with children, then investing in the dance franchise will be a great choice.
The company focuses on providing fun and lively dance lessons for young girls and boys, which means that most of your customers will be around the toddler age.
It’s also worth noting that the business won several franchise awards in 2015, which just goes to show that the franchise opportunities available here are well-respected in the broader industry.
Additionally, this franchise offers exceptionally low start-up costs and the chance for fantastic financial returns on your investment – especially if you are setting up a franchise in a popular location.
National Dance Academy
The National dance Academy was established in 1972 and has since continued on to be one of the most widely respected franchise opportunities in the entire business.
The dance studios run under this banner predominantly teach jazz, tap, ballet, hip-hop, and pointe – which is certainly a broad selection to choose from, and should be appealing to a very wide audience indeed.
What’s more, the studio is renowned for offering impeccable dance instructors, so it will certainly give your customers great peace of mind to know that your studio is operating under this brand.
Their age-appropriate progressive curriculum is also great for keeping students entertained, and many of their students have gone on to win countless awards in the industry as well.
Overall, it’s safe to say that investing in dance franchises can be one of the best decisions you’ll ever make in your life. If you have a true passion for dance, then you will quickly discover that every working day becomes a new adventure, and by taking the opportunity of opening a successful franchise, you will be much closer to securing your long-term financial success, too.
In this guide, you have discovered many of the key benefits associated with owning a dance franchise, and we have also shown you a broad selection of different dance franchises currently available in the industry.
Ultimately, we’ve only scratched the surface when it comes to the franchises available, so if you haven’t discovered anything that appeals to you here, it’s a good idea to spend several hours browsing around for additional opportunities and investigating further.
While it can take some time and consideration before you find a franchise that appeals to you, it will certainly be time well spent if you manage to discover an opportunity that gives you everything you’ve ever wanted.
Select Franchise Opportunity for Women – Be Your Own Boss with Total Support
If you are a woman and have been looking into starting a business, consider all the great opportunities there are in the franchise world. You can start a business and be your own boss without being alone. With franchise opportunities, you can be trained and get total support as you work at your very own business. A franchise opportunity for women is one of the greatest ways to get back into the workforce or to change careers.
Do not fear that money might stand in your way when it comes to starting a franchise. There are plenty of opportunities to consider and some of them can be started with under $10,000l. Many franchises offer financing to help you get your business off the ground. Here are some of the select franchise opportunities to think about even if you have little or no business experience.
As a woman, you may find that teaching comes naturally to you. Take your knowledge and abilities and share them with children in an array of teaching franchise fields. The best franchises in this field include Kumon Math and Reading Centers, Mathnasium, Sylvan Learning Centers and Gymboree Play and Music.
Kumon centers started more than 50 years ago in Osaka, Japan. A former high-school calculus teacher developed a method for teaching math concepts to students while keeping lessons interesting and engaging. Today’s Kumon Math and Reading Centers are among the most popular supplemental programs for math and reading enrichment.
In order to own a Kumon franchise, you do not need to have a formal teaching background. You just need to have a love for children and working with them. When you get a franchise, you receive expert training in the methods used for teaching at these learning centers. You also get training regarding the strategies used to operate a franchise.
A Kumon work environment is a traditional one. You will work at a physical location which has to be at least 1200 square feet in size with a 5-year lease on it. You also will be working on a full-time schedule. Kumon is not for the work-from-home worker or someone looking to operate a franchise on a part-time basis.
Kumon is excellent for anyone who wants to have a traditional 9-to-5 schedule all while helping students learn. It is one of the most rewarding franchise opportunity for women.
Another great franchise opportunity for women is Mathnasium. This is also a full-time franchise operation. It focuses, as the name implies, on teaching children mall skills. Students get their instruction at a learning center that you operate.
Franchise owners get a wonderful opportunity to help children succeed in math as well as a chance to expand. Once an owner gets their franchise up to capacity, they are offered the chance to open more Mathnasiums.
Sylvan is a franchise that offers STEM programs throughout North America. There are specialized teaching programs involved in this approaching including a patented digital teaching platform.
With the digital teaching platform, programs are taught at various satellite locations like schools. These learning centers offer excellent tutoring programs to students and the centers continue to grow because the business model has already been proven to be a successful one. For over 35 years, Sylvan has been a great franchise opportunity for women.
Gymboree Play and Music is ideal for the woman who wants to focus on sharing an ability to help children grow and learn through music, singing, and playtime. Classes are continuously being developed and franchise owners get trained on the latest innovations in fitness and play for children. Franchise owners will be in charge of their own stand-alone retail location.
If cleaning is your thing, you will want to explore the many cleaning franchises available including Cleanpro and ChemDry. These can be opened with about $10,000 to $30,000 making it easy to gain a fast entry into a new career as well as business ownership. These are also some of the franchise opportunity for women that allow for part-time involvement.
Cleanpro is one of the most flexible franchises in the cleaning industry. Owners can choose to work part-time or full-time. You get the flexibility of working from a fully outfitted mobile cleaning van.
There are no leases to sign and no retail locations to build or manage. This is a very easy opportunity for business ownership. It offers ease when it comes to growth and expansion as well. Simply buy additional cleaning vans and you will enjoy expansion easily.
Chemdry is another cleaning business to consider. For about $45,000 of an investment, you can be in charge of a carpet cleaning service. There are lots of opportunities for serving local residences with carpet cleaning. Chemdry has a patented method of cleaning carpets that agrees with most homeowners.
This method is called “hot carbonated water” extraction and it thoroughly cleans allergens, oils, dirt and dust from both carpets and hard surfaces. This is an organic cleaner that is not only safe for pets and people but it is also safe for the environment. Many Chemdry franchisees earn well over $290,000 in revenue each year. That is a good return on the initial investment you make on this franchise.
Food franchises are among the most common franchises available. For women, however, one franchise is particularly attractive because it is easy to operate and it helps people eat healthier snacks. If you want to promote good health to others consider franchising Naturals 2 Go.
This business comprises itself of colorfully designed vending machines that dispense delicious and healthy snacks. What makes having a Naturals 2 Go franchise so appealing is that you can keep the day job you currently have and start it up without the need for leasing or buying any real estate.
These vending machines are popular in schools, offices, gyms, yoga studios and malls. The startup plan is easy and if you are new to the idea of owning a business and want to start slow and work your way up to success, this is the franchise that will help you do just that. They offer a free downloadable booklet that you can read just by visiting them online. It explains just what questions to ask when starting up in a franchise.
Senior Care Franchise Opportunity for Women
Senior care is a fast growing market. It is estimated that in the coming decades, the number of people age 65 and over will double. There is a clear need for senior care services, and you can get in on this business by franchising an Always Best Care business.
The company has been around since 1996 offering services like non-medical in-home care, assisted living services and skilled care. The company started franchising itself in 2007, and there are three distinct ways in which you can earn revenue by becoming a franchisee. You can earn money by providing in-home care, assisted living or skilled care.
Always Best Care gives franchisees both corporate support and local support with area representatives. You get coaching services and mentoring services from them together with advice on how to build a business. This is an excellent opportunity for both beginners as well as experienced franchisees.
If you are a woman with experience in franchising, you could opt to become a franchise consultant yourself. It only takes about $25000 to get started and you can have more flexibility with this option as well as get a faster return on your investment. Perhaps the biggest draw for this opportunity is that it offers a much higher income than any other business franchise.
Consultants can work from home much of the time, so it is perfect for any woman with a family or who wants more flexibility in their home and work lives. The job involves placing clients with suitable franchises as well as teaching them ways to finance or raise capital for their franchise.
You can succeed at this position by working either full time or part time. The best part is that you can automatically enjoy higher profits by working from home rather than having to lease office space to do your work. Realistic incomes can grow to up to six figures after helping just two or three clients.
This is an opportunity provided by a franchise consultant firm. You can have the peace of mind going into the field knowing that it is a proven business model with high demands. It is also recession resistant according to most firms that have been in business for some time. Referral fees you receive from people you consult with can be as high as $20,000.
There are many business franchises that are listed in more detail online. Start searching for the one for you and you are sure to find something that suits your interests as well as your passions. You will get total support whether you are a beginner or an experienced franchise.
Choose Your Franchise Opportunities Wisely
Have you been wondering what you could do when you start your own business? The chances are good that if you have been looking into different franchise opportunities that you have become overwhelmed by the sheer number of options that there are. The truth of the matter is that there are thousands of opportunities that you can pick from today, making it difficult to narrow down the field. Luckily, there are a number of factors that you can take into consideration once you start the process of selecting a franchise that will hopefully allow you to settle on the perfect choice.
As a rule, there are several areas that you need to think about when you are looking for a good franchise opportunity:
- Determine the specific criteria that you have in mind for the type of franchise that you are hoping to get into
- Search for franchises that are well-established and have good growth potential along with a great reputation
- Follow along with search tools that you can find online that will help you to further target your research
A lot of entrepreneurs like the idea of being able to run their own business and not having to deal with the risk and hassle that comes along with building up their own idea from the bottom. This is where the idea of a franchise comes into play, as the business structure is already in place. Selecting a proven model and having the parent company support can give a franchisee a distinct advantage over a traditional startup. This makes it a whole lot easier to understand why this is an option that is very appealing to a lot of people who are looking to get their start in business.
Because there are so many investment options available today, be it in food service, personal care, health care, pets or something else, you need to be able to ask yourself some questions. The answers to the questions will help you to make a decent determination of what will be the absolute best franchise for you to take on to get the success that you are looking for
What Are Your Personal Goals?
It goes without saying that everyone is going to have their own motivations for looking at the best way to become an entrepreneur. Take a look at your personal goals and use them to help you find out what the franchises are able to offer you that are out there for you to choose from. Are you looking to be able to spend more time at home or would you like to be able to take a giant leap to further your entrepreneurial career? When you are able to determine exactly what your goals are, it will be a lot easier for you to figure out what franchise opportunities are going to be the best fir to help you realize these goals.
What Is The Role You Expect To Play In Business?
You will find that there are basically two different types of franchisees. There is the absentee owner that will hire staff and a management team to take care of the business each day. Then, there are owner/operators that are going to be involved directly with the inner workings of the business and day to day operations. This is a crucial step, simply because you need to be able to find the perfect franchise model that lines up with the role that you are willing to take on.
A lot of franchises will offer an opportunity that is hands on, while there are others that will offer up a role that is more of a management opportunity. They main question that you need to be able to ask yourself is what you actually see yourself doing day in and day out. Do you want to have a lead role in the organization? Would you like to be able to manage the managers? Do you think that it would be best if you have a specific job to do each day?
What Is Your Investment Budget?
As with many other things in life, the cost of a franchise can vary a great deal depending on the specific business model and the given industry. There can be some franchises that require upfront fees that will be up to $1 million or more, while there are some that require less than $10,000 to get up and running. No matter what, you have to take the time to weigh the costs of the initial investment against a number of factors to include, lifestyle, income, equity and goals.
For example, opening up a food franchise is going to take a much bigger investment than a business to business, home-based franchise. Because there is a lot of inventory and equipment that will be involved, you need to think about how much of an undertaking it will be and whether or not you can handle it financially. Think both short term and long term and it should be easy for you to be able to factor in your budget and your goals.
After you understand what your budget is, you can then decide whether or not you are comfortable with the investment that you will be making. It is generally recommended that you have capital saved up for at least six months worth of overhead costs as well as living expenses on top of all of your franchise fees prior to even starting up.
Do You Possess Basic Business Skills?
There are some franchises that o not require their franchisees to have a great deal of industry experience. Instead, they may find it more important that the franchisee has basic business skills and the drive that is needed to succeed in the field. It is going to be important that a franchise owner has a decent understanding of the need for sales and the art of marketing for success. You have to be focused on customer service and the different ways that you can increase your transactions over the long term.
This will mean keeping an open mind as you search for a potential franchise opportunity. You do not necessarily have to know the ins and outs of a particular industry in order to succeed. You simply have to have a will to learn and the ability to adapt and you are going to be able to achieve a great deal of success.
What Should You Be Looking For?
When it is time for you to really narrow down the field and zone in on a business model that you are interested in, you can keep these tips in mind of what to look for in potential franchise opportunities.
Look For Offerings And Operations Trends – Any franchise that invests in the development of loyalty apps and other new technologies are going to see tremendous growth. For the most part, you can increase ticket totals while also developing smoother operations that are super efficient.
Have A Strong Support System – There is nothing more valuable than having a great support system in place with an established brand. When you follow along with the model and you are working with other franchise owners, you are going to have a solid background of support and information to help keep your business growing leaps and bounds above the competition.
Quality Corporate Staff- When you have a problem, wouldn’t it be nice to know that you have a corporate staff that actually works for you? It is a good idea to learn as much as you can about the people who work at the corporate level. If you are able to enjoy face to face interactions and connections with upper level personnel, you know that you are in for a rewarding experience.
Careful Selection Of Franchise Partners – In order to be successful in your field, you need to be able to get involved in a franchise that is going to be selective of the partners that they choose. This will mean carefully looking into the quality of each potential investor so that a complete brand vision is able to be maintained. This vision will translate into long-term stability not only for the entire company, but your franchise as well.
Finally, Review the Franchise Disclosure Document (FDD)
When you get to the end of the line before investing in your choice of franchise opportunities, you need to be able to review the franchise disclosure document. Within this document, you will find information pertaining to the current activities of the franchisees, information about the franchisor and any past or current litigation. This is a wealth of information that will give you all of the important background history that you need to make an informed business decision.
Once you are on your way, you will see that it was very beneficial to take your time and look into every aspect of the franchise opportunities that you were interested in. All you have to do now is plan for the future and make sure that you are able to stay on track to meet all of your goals for success in the future.