Original Content: Business Upside
If you have ever had plans to own a Starbucks, you must have had the idea that you will be opening a Starbucks that will be your franchise. However, Starbucks will own the stores and will also operate them. But that does not mean you will not be able to stay associated with the brand at any time, you can always open a licensed store and as per estimates 40% of Starbucks stores operating in the United States are all licensed. Although these stores are not franchises, Starbucks has a good bit of control over them.
Reasons why Starbucks Franchise does not Happen
Starbucks is essentially America’s success story. The number of stores is growing but the reputed coffee company is also striving hard to improve its online presence by extending loyalty programs on various digital platforms and mobiles as well. One of the strategies of Starbucks has been to increase the number of stores and the construction of reserve stores spaces in crowded markets.
The growth of the online store is achieved by expanding the portfolio of what it offers by targeting a diverse target audience of coffee buyers and enthusiasts. But there is one way in which Starbucks has made itself different from the rest and that is by keeping franchising Starbucks at bay.
As compared to the other competitors like McDonald’s and Dunkin’ Donuts, Starbucks has grown without franchising. However, if you are still thinking of opening a Starbucks outlet, you can do the following-
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