Business & Finance Small Business

How to Open a Daylight Donuts Franchise

Things You'll Need

Instructions

1

Contact a company like Franchise Opportunities or Franchise Business Broker who can provide further information about opening a franchise business. These companies provide information on all kinds of businesses with franchise opportunities, including Daylight Donuts. Request information about franchise requirements for several companies, which will help you decide if a Daylight store is the best route for you.
2

Go directly to the source. Contact the Daylight Donuts company directly to learn what they can do for you. By opening a licensed Daylight shop, owners will have access to proprietary donut mixes and equipment and ingredients required to make "genuine" Daylight Donuts. The company will assist potential licensees in every aspect of opening of a shop without the added cost of a franchise fee like you will find in some franchises.
3

Find a good location for your shop. Locations for a licensed Daylight Donut shop must be approved and like any profitable business, is a key element to your success. The company offers advice and guidance on where to situate your shop based on sound marketing strategies. Through research and past experience, Daylight can help individuals choose the best location for their new enterprise.
4

Estimate required startup costs to ensure you can afford the venture. Costs will vary from state to state with several factors that figure into this cost. For example, the size of the approved building that you chose and all pre-opening expenses such as inventory, equipment, signage and advertising will all affect the initial dollar amount required for your investment.
5

Make sure you have the funding available to cover these startup expenses. If you don't have enough money, think about getting a partner or taking out a small business loan.
6

Setup required equipment. Daylight Donuts will assist in equipment layout based on a floor plan that is unique to the building housing your shop. The company will deliver your equipment and ingredients directly to your location. Feel free to consult with them on all phases of opening your shop or areas of operation you have questions or concerns about.
7

Hire employees and start training. Daylight Donuts also provides on-site training, so once you have your employees in place, someone will come to your shop to train everyone on how to properly make "genuine" Daylight Donuts.


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