How To Buy A Photography Franchise

(guest post)

The decision to buy a franchise is both daunting and exciting.

Daunting, because you’ve probably never purchased a franchise.

And exciting, because of the promises that business ownership brings.

Like freedom, control, and ownership.

In addition to the 3 wonderful things I just mentioned, there’s something else you’ll have if you decide to become the owner of a Spoiled Rotten Photography franchise. Flexibility.

Sounds good, right?

The Pachyderm In The Room

Before I show you how to buy a photography franchise – in this case, a Spoiled Rotten Photography franchise, I need to share my thoughts about “the elephant in the room.”

elephant in the room

The elephant I’m referring too?

The fact that buying a franchise is a big deal.

After all, you’re thinking of investing your own hard-earned money in something you’ve never done before.

In this case, it’s owning and operating a business of your own.

But you can do it.

Because franchising.

In other words, you’re not alone. You’ll have a support team at the ready.

How To Buy A Photography Franchise

In my experience, there’s only one way to tackle something as big as buying a franchise. Step-by step.

That said, here are the steps you need to take to buy a franchise you can be proud of – like a Spoiled Rotten Photography Franchise!

Try to envision yourself owning a photography franchise.

The easiest way to do that is by talking to the founder, Melissa Tash.

To do that, head over to this page and fill out the “Let’s Get Started” form. Melissa will follow up with you and you’ll be able to ask her questions about the opportunity-including what your typical day as a franchisee would look like.

Go over your financials.

While the investment for a Spoiled Rotten Photography franchise is on the low-end of the franchise investment scale, $31,500 to $48,300, and you probably won’t need a small business loan to become a franchisee, it’s still important to see where you stand.

One way to do that-the best way, actually, is to  figure out your net worth. That way there will be no guessing as you’ll be able to see everything in black and white.

Do research.

Here are the things you need to focus on as you’re researching a photography franchise:

(a.) Company and company executive background.

The best way to get information about a photography business like Spoiled Rotten Photography?

Search engines like Google, Bing, or Yahoo.

Simply type in the name of the franchise and click through a few of the results.

Next, type in the name of the founder, in this case, Melissa Tash. (You should do that now. Melissa’s background is both interesting and impressive.) Again, click a few of the results.

(b.)  Before you can buy a franchise, you’ll be sent something called a Franchise Disclosure Document (FDD). This is usually sent after a few conversations with the founder or the franchise development representative.

Once you have the FDD in hand, it will be time to contact existing franchisees so you can ask them questions about the business and their experiences. Questions like:

  • How did you learn about Spoiled Rotten Photography?
  • Why did you decide to become a franchisee?
  • Can you describe your typical day?
  • How do you find clients?
  • Are you happy about your decision to become the owner of a Spoiled Rotten Photography franchise?
annual conference training

Now, those are just a few of the questions you need to ask. You’ll come up with more as you talk to them.

Discuss territory

When you own a franchise, you’ll have a specific geographic area where your business can operate. In franchise speak it’s known as your “territory.”

FYI: generally, franchise territories are determined by population, number of households, or zip codes. But how do you get a good territory?

The best way to get a good territory (good, being a territory that has more than enough potential customers to support your business), is to work hand-in-hand with your franchisor. Why?

Because the franchisor wants you to have the best territory possible. After all, the more business you do, the better it is for everybody.

Talk to a franchise attorney.

If you get to the point where you really want to become the owner of a Spoiled Rotten Photography franchise, you’ll need to hire a franchise attorney. Why?

Because you’ve never done this before, and franchise agreements tend to include a lot of legal speak. Translation: a plethora of words that only lawyers understand. Now here comes the good part.

Once you’ve sat down with a franchise lawyer and feel like you understand the legalities involved with owning a franchise, and specifically, a Spoiled Rotten Photography franchise, it will be decision time.

Franchise King Joel Libava

A decision to keep doing what you’re doing, or a decision to finally take control of your life and actually own something.

Like a photography franchise business.

Learn more about Spoiled Rotten Photography

(This was written by The Franchise King®, Joel Libava. He’s the author of two franchise books, is a Franchise Ownership Advisor, and helps emerging franchises get the word out about their exciting businesses.)

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"I worked in the corporate world for 15 years, but never had my 'bucket' full."

“I was doing photography on the side, which I always loved, but if someone asked if I would ever do it full time, I'd respond with "I wish, but not sure how I could make that switch." Well, Spoiled Rotten Photography has allowed me to do that – to follow the dream I didn't know was possible. I love being silly with kids and sharing beautiful portraits with parents to document the moment in time, because we all know how fast they grow up! This career change has allowed me to spend more time with my family, be more available for my girls, and still contribute financially to our household...but most of all my 'bucket' is now full!”

Amanda Day, Kansas City, Kansas

"In a word … AMAZING!"

“The level of professionalism. The process detail. The training. And the welcoming nature of everyone within the organization is simply amazing! The path to ownership is so turn-key that it made our startup simple and easy. If we need additional support, they are there without hesitation to help us through any questions we may have. My husband and I have owned other franchises in the past, but Spoiled Rotten Photography is one of the best I’ve seen! I love my SRP family!”

Cindy Fadel, Columbia, SC

"SRP allows me a balance between owning a business and being a mom."

“I researched and met with other franchisees before making my way to Spoiled Rotten Photography. Immediately, the integrity and transparency within Spoiled Rotten Photography made this one stand out, and the more I learned, the more I loved. Now, Spoiled Rotten Photography allows me a balance between owning a business and being a mom. Best of all, I get to do something I love every day with unlimited potential..”

Kim Hoover, Charlotte, NC

"We were blown away with the quality and imagery"

“We looked at several photography franchise opportunities  and were blown away with the quality and imagery we consistently saw from each SRP location.  We know how important it is to capture these memories and SRP does it in such a beautiful way!  When we saw what SRP was offering & the beautiful portraits they were offering in preschools, we knew we wanted to bring this opportunity to Katy, TX.”

– One year later – “What a difference a year makes. Last July Sandi and I finished our Spoiled Rotten Photography new Franchisee training. We were very excited about all that we had just learned and we put our faith in God that this was his will for us. In August, I was “surplused” from ATT and had an empty planner that I needed to be filled. We were blessed with a great fall season and had about 25% of our spring season booked. The spring season got so busy we almost didn’t make it to the end. Now I am looking at a fall Calendar with 4 single days and one 2 day session available and we are completely booked!

God has completely blessed our business and given us great leaders like Melissa Russell Tash, Jamie Tash and Elizabeth Bailey and and a family of other owners who have always been ready to answer any questions we had. Thanks to all who have helped, purchased from, and booked us during our first 12 months. And a special thanks to God who has blessed us beyond our expectations.”

Joey and Sandi Fotheringham, Katy, TX

"Spoiled Rotten Photography has turned my passion for photography into a dream career."

“Photography has always been a passion, and Spoiled Rotten Photography has turned it into a dream career. The love and support all owners receive within the franchise is amazing. The combination of photographing little ones and being a part of this PURPLE family is a wonderful blessing, and I will be forever grateful.”

Dianna Harriet, Denver, CO

"Buying into a turnkey business took all the stress and worry out"

“My biggest strain in life was always trying to find “balance”. Making the decision to buy into a turnkey business that was ready and waiting for me took all the stress and worry out of failure and allowed me the opportunity to focus on the things that mattered most to me…being creative, contributing to my family’s income and being the wife and Mom I deserved to be. Buying into the Spoiled Rotten franchise has not only given me ongoing guidance, support and the experience of a proven business model, I have also found my balance by having the schedule I want and the time I need to be to live my life the way I choose. Having come from a corporate background where my schedule was dictated to me, I love the freedom and flexibility that being a part of Spoiled Rotten allows in my life. The icing on the cake is also being a partner in this business with my sister and best friend. Don’t believe the hype that you can’t work with family. Joining forces with someone who has the same goals, and values can make you an unstoppable team!”

Patricia Mesi, Alpharetta, GA

"SRP helped us achieve our dreams."

“My husband and I have always shared a passion for entrepreneurship. And I have always needed a creative outlet and photography provided that. I piddled with a custom business for a few years and had a little success. But I felt like it could be more profitable. Spoiled Rotten Photography came home in my sons cap & gown pictures and I could immediately see an opportunity. After much investigation, I realized that owning a franchise was the way to go. Spoiled Rotten Photography has given me the entrepreneurship opportunity I had always wanted, an outlet to express my creativity, and a profitable opportunity to provide for my family, all while not having to re-invent the wheel by going it alone. Spoiled Rotten Photography is something that I could have never created on my own. Spoiled Rotten Photography helped us achieve our dreams.”

Kara & Scott Kellner, Birmingham, AL

"This business model is tried and true."

“I am so grateful to be a part of the Spoiled Rotten Photography family! It was exactly what my career needed. I have been a professional photographer for 20 years. By joining SRP I have not only improved as a photographer but also a business person. This business model is tried and true. SRP is a huge blessing in my life and has affected my family in such wonderful ways. What I appreciate the most is the support I receive to achieve success. It is constant and genuine. The help is always there. I have never once felt like I had to figure anything out on my own. I love being an SRP owner and highly recommend if you are looking for a place to soar that you consider this dynamic company. You will be welcomed by a warm community of owners and can hit the ground running in a prosperous way.”

Heather Sams, Owner – SRP Colorado Springs

"The whole thing really is a breath of fresh air"

"Spoiled Rotten Photography has allowed me to earn enough money a couple days a week and still be home when my son gets out of school. That’s because Spoiled Rotten Photography is not only a proven financial profitable business model but as a franchise is a system that just works. The whole thing really is a breath of fresh air from taking pictures to getting money in my account. I truly enjoy what I do, bring joy to kids. I know parents cherish the art I make. And my family loves my job almost as much as I do."

Mark Treen, Charleston, SC