Why Invest in a Raleigh Franchise?
Are you looking for the chance to be your own boss, pass on your fitness expertise to others, and utilize your business skills? Look no further than investing in Tapout Fitness, the mixed martial arts gym franchise that’s growing all over the nation. At Tapout Fitness, we take pride in our gym’s strong culture that makes our clients and franchise owners feel like they are part of something bigger. We want to expand our business in places that will be able to maximize this culture of giving 100%; that’s why we want to open a franchise in Raleigh, North Carolina. A Raleigh franchise will be able to benefit from a robust economy and unifying business support system in order to become a thriving part of the fitness community. Keep reading to learn why opening a franchise in Raleigh is a wise business decision.
According to Forbes, Raleigh has one of the strongest post-recession economies in the entire nation, which is why they are ranked #2 on the list of Best Places for Business and Careers. One of the important indicators for Raleigh’s economic success is its population’s level of education. Forbes ranked Raleigh #12 out of two-hundred cities for education, partly because the city has 43.7% college attainment—the United States’ average is in the mid-twenties—and is home to Duke University, University of North Carolina Chapel Hill, North Carolina State, and Wake Forest University.
Education isn’t the only strong economic factor though. Raleigh’s unemployment rate is 4.2%, nearly two full percentage points lower than the national average, and the job growth rate is 3.6%. Your Raleigh franchise will be able to prosper in accordance with these numbers, as the population continues to be well-employed they are more likely to spend money on gym memberships. A large customer base is a key reason why we chose Raleigh for one of our franchise locations.
Business Support Network
When you open your franchise in Raleigh, you won’t be left alone. Not only does Tapout Fitness’s corporate offer training and structure to help you run your business, but the city of Raleigh works hard to offer assistance to business owners as well. Raleigh and the state of North Carolina participate in a nationally accredited Small Business Association (SBA) which offers business counseling and many other services to business and franchise owners.
Your Raleigh franchise will be able to utilize these services to come up with a business plan, find financing, and establish a professional network. Indeed, one of the most helpful services that the SBA offers is SCORE, a national network of business owners of varying degrees of experience. SCORE’s mission is to help new and less-experienced business owners get advice from executives, entrepreneurs, and business leaders nationwide who volunteer their time to counsel others. The 11,000 volunteers donate 1.1 million hours to SCORE participants each year, making this resource invaluable to anyone opening a new business.
Raleigh is a vibrant city with a lot to offer a small business owner. By taking advantage of this city’s strong economy and business network, your Raleigh franchise will be on the path to meeting your goals. If you’re ready to become your own boss, find out how to open a Tapout Fitness franchise in Raleigh.