A Guide to Opening Your Own Hungry Howies Pizza Franchise Business (2023)

Introduction

Are you looking for an opportunity to open a business of your own? If you want to run a successful restaurant, then a Hungry Howies pizza franchise business is an excellent choice. Many business owners prefer pizza franchises because the industry's growth has been quite remarkable in the last few years. The pizza chain industry is estimated to be worth over $49 billion and has witnessed an impressive compound annual growth rate of 9.7%.

If you are a new business owner who is considering opening a Hungry Howies franchise, it is important to understand the process of setting up the business. In this blog post, we provide a step-by-step checklist of the essential steps that you need to take to get your Hungry Howies franchise business up and running

Secure A Franchise With Hungry Howies

Opening a Hungry Howies franchise can be a rewarding and exciting venture, however, it is important to fully understand the process in order to make it a successful venture. The first step in securing a Hungry Howies franchise is to determine exactly what you want in a franchise.

It is important to make sure that the common expectations of the franchise are something you are willing to commit to, as well as finding out the financial requirements and contractual provisions. It is also important to understand the various levels of investment, the royalties and other associated fees, and the franchise training programs.

Once you have determined that your expectations and the standards of the franchise match up, you will need to fill out the application and submit a non-refundable down payment. The more information you provide in the application and the more thorough the answers provided, the more likely it is that the approval process will go smoothly.

Be sure to include an adequate business plan as part of the application, including your intentions for following the policies and procedures of Hungry Howies. Additionally, providing evidence of your financial ability to cover the costs of running a franchise will greatly help your chances of getting approved.

Once the application has been approved, you will need to enter in to a franchise agreement. This will detail all of the terms and conditions of being a Hungry Howies franchisee, including franchise fees, royalties, training requirements, advertising requirements, location selection and other service requirements. In addition, the franchise agreement will define the franchise area boundaries, the term of the agreement and the renewal process of the agreement.

Securing a franchise with Hungry Howies provides an opportunity to develop and operate a business that is part of an established brand. Prior to taking this step, it is highly recommended to do your due diligence to ensure that this is the right fit for you, your resources and your goals.

Create a Comprehensive Business Plan

Having a comprehensive business plan is a critical component of launching a Hungry Howies franchise. It will help you determine the success of your venture, be it sales targets, costs, etc. Here are some tips and tricks to creating a comprehensive business plan:

• Do Your Research – Taking the time to research the franchise industry is a great first step in creating a successful business plan. Understand the differences between franchising, independent business ownership and corporate-owned businesses. Also, research the costs associated with launching a Hungry Howies franchise. This information is critical in making sure your plan is realistic and feasible.
• Develop Evaluation Criteria – Having some measurable goals and objectives to refer to in your business plan can help you stay on track and ensure success. These criteria can be used to evaluate your progress and help you make sound decisions.
• Review Past Financial Performance – Researching Hungry Howies' past financial performance can give you an idea of the potential success of a Hungry Howies franchise and what it will likely require from you. Researching past financial information such as profit margins, expenses and other financial ratios can help you to create realistic goals for your business and provide you with the information needed to make decisions about the future of your franchise.
• Work with Financial Professionals - If possible, consider working with a financial professional to review your business plan and give an objective view of the project. An experienced individual can help you to develop comprehensive projections, review your financial projections and validate any assumptions you have made.

Develop A Financial Model

Creating a financial model is a critical step in starting any new business, and when you're launching a Hungry Howies Pizza franchise, it's especially important. A financial model helps you understand the prospective costs associated with starting and running a Hungry Howies franchise so that you can prepare a budget, make sound business decisions and plan for any issues that might arise. Here are a few tips and tricks for creating an effective financial model for your Hungry Howies Pizza franchise.

• Start by researching the upfront and ongoing costs associated with a Hungry Howies Pizza franchise.
• Create a spreadsheet of all the anticipated expenses and revenue, including start-up costs, equipment costs, marketing expenses, personnel costs, and estimated sales.
• Calculate the break-even point—the point at which your revenue is equal to your expenses—and build that into your model.
• Include projections for the next 3-5 years, so that you can get a more comprehensive idea of the costs associated with launching and operating your Hungry Howies Pizza franchise.
• Project contingencies, such as the costs associated with expected and unexpected periods of slow sales.
• Assess the potential risks and possible opportunities that could arise in your Hungry Howies Pizza franchise.
• Run sensitivity analyses, which allow you to project alternative outcomes based on various assumptions.
• Consult with a trusted accountant or business finance advisor to make sure your financial model is properly structured.

By taking the time to create an effective financial model, you’ll have a better understanding of what it takes to launch and operate your Hungry Howies Pizza franchise. This will give you the financial confidence you need to move forward with the process.

Obtain All Necessary Permits & Licenses

Obtaining all necessary permits and licenses for opening a Hungry Howies Pizza franchise business is a crucial step in the process. Every local government or jurisdiction has its own set of licenses and permits for businesses. However, some of the most common permits and licenses that are usually required include a food handling permit, business license, and health permits. Here is a brief checklist of what to consider while obtaining permits and licenses:

• Food Handling Permits: These are the most common type of permits that are needed by food service businesses. Some jurisdictions may require a business to obtain separate permits for food items such as milk, eggs, fish, and other products.
• Business Licenses: This is the second most important type of permit. Depending on the jurisdiction, businesses may need to obtain a general business license in addition to a food handling license. Some jurisdictions may require that businesses obtain a special permit to serve food.
• Health Permits: Health permits are usually obtained from the health department of the local jurisdiction. These permits are usually necessary for food handling businesses, and may require the business to obtain an annual health inspection.

It is important to note that these are only some of the most common permits and licenses that may be required for opening a Hungry Howies Pizza franchise business. It is advisable to check with the local government or jurisdiction to understand which permits and licenses are necessary for your business.

Secure Funding For Your Franchise

Once you have decided to go through with a Hungry Howies Pizza franchise, it’s important to make sure you have the necessary funding in place to get started. As with all businesses, Hungry Howies franchises require some start-up capital. Investing in a Hungry Howies franchise can be a great way to add a steady source of income to your business portfolio.

Depending on the type of Hungry Howies franchise you are interested in and the location of your store, the funding requirements may vary. Fortunately, there are several financing options available. Here are some of the most common ways to secure funding for a Hungry Howies franchise.

• Small Business Loans – Small business loans are available from the Small Business Administration and other banks and financial institutions. These loans can provide the resources you need to open a franchise, do market research, hire employees and purchase inventory.
• Angel Investment – Investors or “angels” can be great resources for new business owners. They often provide financial resources but also often provide valuable advice on how to get started and succeed in a business environment.
• Personal Loans – Taking out a personal loan is also a popular way to finance a Hungry Howies franchise. Be sure to find the best possible loan rate to ensure your payments are manageable.
• Business Credit Cards – Business credit cards are a good way to finance initial expenses such as setting up your store, purchasing inventory, and advertising. Just make sure that you have a sound repayment plan in place.

Once you have secured the necessary funding, you can move on to the next step in launching your Hungry Howies Pizza franchise. Do your due diligence and research financing options such as small business loans, angel investment, personal loans, and business credit cards to ensure you have enough money for the initial investment and ongoing operations.

Purchase & Set Up Equipment

When opening a Hungry Howies franchise, you'll also need to purchase and set up equipment. This may include items such as ovens, refrigerators, fryers, toasters, and other specialty items. Purchasing equipment can become expensive, so it is important to research your options to find the best deals.

Here are some tips on purchasing and setting up equipment for a Hungry Howies franchise:

• Compare prices from different vendors to make sure you’re getting the best deal.
• Find out what equipment is necessary for your franchise and purchase only what you need.
• If possible, consider purchasing used equipment. Not only can you save money, but you may also be able to find specialty items that would be hard to find brand new.
• Some vendors may offer installation services. Take advantage of this service if you do not have the expertise or resources to install the equipment yourself.
• Purchase high-quality equipment that can last for many years.
• Check for state or local licensing and safety requirements related to equipment installation.

Hire Employees & Train Them

When opening a pizza franchise business, it's essential to hire high-quality employees who will represent your brand well and make sure that your customers have a great overall experience. To make sure that your employees are well-trained and knowledgeable about your franchise business, you need to make sure that you have a comprehensive training program in place.

Here are some tips and tricks for hiring and training new employees:

• Write a comprehensive job description that clearly outlines what you are looking for in an employee and the expectations of the position. This will help you to attract the right type of person and weed out any unqualified applicants.
• Create a clear recruitment process to ensure that you fill positions quickly and efficiently. This should include job postings, interviews, and background checks.
• Develop a comprehensive onboarding process to ensure that all new employees receive the necessary training. This should include orientation, team building, and job training.
• Provide ongoing training opportunities for existing employees to guarantee their ongoing knowledge and to help them develop their skills. This could include seminars and webinars.
• Build a culture of recognition by celebrating your employees’ successes and rewarding them for their good work. This will help to create an environment of motivation and loyalty.

As you can see, hiring employees and providing them with the necessary training is vital for the success of your franchise business. By implementing the tips and tricks provided above, you can ensure that your employees are well-trained and knowledgeable about your franchise business.

Find a Supplier for Ingredients

Once you have secured a great location for your Hungry Howies Pizza franchise business, the next step is to identify a supplier for the necessary ingredients. As the success of your Hungry Howies Pizza franchise will depend heavily on the quality of the ingredients, selecting the right supplier for your products is one of the most important parts of the process. Here are some tips for finding the best supplier for ingredients to make sure your franchise is successful:

• Research suppliers: One of the best ways to find the right supplier for your ingredients is to conduct extensive research. You should look at the ingredients they provide, the quality of their product and the cost of the ingredients. This research is key to ensuring that you are selecting high-quality ingredients at the right cost.
• Talk to other franchisees: Networking with other Hungry Howies Pizza franchise owners and operators can also be a great way to find a reliable supplier. Speak to franchisees near you and find out who they get their ingredients from, as this will give you an idea of who you should speak to.
• Know your market: It is also important to have a good understanding of the local market. Knowing the region and local tastes and preferences of the customers will help you select the best and most suitable ingredients for your business.
• Develop a relationship: Once you have selected a supplier for your ingredients, it is important to build a relationship with them. Developing a relationship with your supplier will help you get the best price for your ingredients and will also help you stay up to date with any new products or changes in the market.

Following these tips will ensure that you have the right ingredients to make your Hungry Howies Pizza franchise a success.

Locate A Good Space & Negotiate A Lease

Locating and negotiating a lease for your Hungry Howies Pizza Franchise should be one of your main priorities before launching the business. Finding the right location is key to success in this business. Here are some tips and tricks to help you get started.

• Research the market and potential locations. Consider demographics, traffic patterns, competitive offerings, and local zoning regulations. Visit potential locations in person to see if they are a good fit for your business.
• Set a clear and reasonable budget. Don’t forget to factor in all costs such as rent, utility fees, insurance, etc.
• Contact the leasing agent or property owners and send your proposal. Be sure to include all the necessary documents.
• Negotiate the terms. Don’t be afraid to ask for a better deal or for improvements to the space.
• Review the final lease document thoroughly before signing. Check all the terms, conditions and clauses and make sure everything is in order.
• Have a lawyer review the document. Make sure they are familiar with commercial leases and the applicable laws.
• Sign the lease and make all necessary payments.
• Ensure all necessary permits are in place.
• Have the landlord make all improvements you negotiated in the lease document.

Following these steps when looking to locate and negotiate a lease for your Hungry Howies Pizza Franchise will help ensure you find the perfect spot, secure a competitive rate, and have all your ducks in a row before you launch your business. Good luck!

Develop An Advertising & Social Media Strategy

Developing an effective advertising & social media strategy for your Hungry Howies Pizza Franchise is key to success. The following steps provide tips for creating an effective strategy for your business.

Create an Integrated Online Presence

The first step for any effective advertising & social media strategy is to create an integrated online presence. This can include setting up profiles on social media platforms such as Facebook and Twitter, creating an optimized website and developing an email marketing program. All these elements should be customized to meet the needs of your business while reflecting your brand values.

Develop Content Strategy

An effective advertising & social media strategy also includes developing a content strategy that includes consistent messaging and relevant content. Determine what type of content you will post on your social media channels. Some ideas include shareable graphics, videos, recipes, customer reviews and helpful tips related to your business. When creating content, keep your target audience in mind.

Listen to Your Audience

Part of creating an effective advertising & social media strategy is to listen to your audience. Monitor the conversations happening about your business on social media and respond in a timely manner. This is a great opportunity to engage with your customers and create meaningful relationships.

Conduct A/B testing

A/B testing is an effective way to track the success of your advertising & social media efforts. Set up tests to see which type of content resonates best with your audience, which social media platforms drive the most engagement and which posts generate the most conversions. This data can then be used to refine your strategy and optimize it for the best results.

Maximize Your Reach

Finally, look for ways to maximize your reach when it comes to your advertising & social media strategy. Create partnerships with influencers in your niche and use paid advertising to target your ideal customers. You can also look for cross-promotional opportunities with other businesses in your niche.

Create Online Ordering Platforms

Creating online ordering platforms for your Hungry Howies franchise is an essential step in launching and running your business. Skip it, and you’ll find yourself struggling to keep up with online orders. With the right online ordering system, you can maximize efficiency, reduce human errors, and improve the customer's ordering experience. Here are tips to help you when choosing and setting up an online ordering platform for your Hungry Howies franchise.

Choose an Online Ordering Platform

When it comes to choosing the right platform for your Hungry Howies franchise, many factors need to be taken into consideration. Consider the software you already use, the platform compatibility, and whether you will utilize third-party ordering software. Then think about the advanced features you need, such as advanced order splitting or customized pricing. Most importantly, make sure the platform is secure and provides detailed reports.

Integrate Point of Sale Platforms

Integrating the point of sale (POS) platform is essential to ensuring online orders are fulfilled correctly. An integrated POS provides accurate tracking of order codes and item numbers, plus automated tracking of each item as it is prepared, delivered, and sold. This ensures a seamless transition from incoming online orders to kitchen processes.

Set Up Delivery Options

The ability to track delivery times is essential for any franchise that wants to maximize customer satisfaction. The online ordering platform should let customers choose a delivery option such as pick-up, delivery, or drive-up. Additionally, the platform should provide customers with real-time updates on order status and approximate delivery time.

Complete Merchant Account Setup & Payment Processing

The online ordering platform should handle all payment processing, including taking credit cards, handling cash payments, or using third parties or gift cards. Additionally, the platform should interact with other merchant accounts within the system to make sure orders are processed quickly with new or existing customers.

Customer Support & Promotion

Your online ordering platform should include features that allow you to provide customers with up-to-date notifications when their orders are placed, as well as support for customer questions and comments. Additionally, the platform should support promotional activities, such as loyalty discount programs and online coupons for savings.

Train Your Staff

Once the online ordering platform is set up and ready for use, it's important to ensure your staff is properly trained on how to use it. Consider creating a training program to ensure everyone is familiar with the platform's features, as well as how to process orders accurately and efficiently.

Test And Launch Your Business

Registering your Hungry Howies franchise business is not enough to launch and grow it. Here are a few things that you should do in the final steps of launching a franchise.

• Clearly Define Your Goals: It is important to set your goals before launching the business so that you can measure your success once you are up and running. Are you looking to break even and make a profit in the first 9 to 12 months? Are you looking to double your profits in the first five years? Assess your goals and make sure that they are achievable.
• Perform Market Research: When it comes to testing your business for the launch, you need to understand the current market conditions, customer opinions, and the competition. Make sure that you perform a thorough market research to determine what changes you need to make to your business plan if needed.
• Develop a Brand Identity: A clear and recognizable brand identity is key for success. Make sure that you invest in a unique logo, voice, and brand persona that are easily recognizable by your potential customers.
• Test the Product: Before launching your business, make sure that you thoroughly test your product to ensure that it meets the customer expectations. Promote your product through limited launch events, reviews, and pilot projects before making it available to the public.
• Promote Your Services: After your product is tested and ready to launch, you need to promote it in the right way. Invest in online and offline marketing initiatives such as paid search, content marketing, and influencer marketing to reach your target audience. You can also develop a referral program to incentivize your existing customers to refer the business to their friends.
• Monitor Your Progress: Once you are up and running, track your progress and adjust your strategy as needed. Make sure that you measure the performance of your ads, keep track of customer feedback and use it to improve your services, and monitor the progress of your business goals. Armed with the feedback from your customers and progress reports, you can optimize your efforts for more success.

Conclusion

Launching a Hungry Howies pizza franchise business can be a challenging but rewarding task. It requires a combination of detailed preparation and dedication to succeed. Following these 12 steps will ensure that you can start your business in the right way. In the end, you may have to make minor changes to the process depending on your location and provider.

From selecting the right franchise to launching the business and managing operations, the Hungry Howies franchise is a great way to build a successful business. With the right attitude and commitment, you are sure to have success.