The reason why America needs restaurant franchise companies is so that more restaurants will be successful and help people realize their dream of opening their own restaurant . The need for a restaurant franchise company is more widespread than most people realize. According to BloombergBusinessWeek.com, 60% of all restaurants fail. I believe that with my franchising company I could help future entrepreneurs achieve their personal dreams and financial goals. The most successful restaurants started as small businesses (franchoice.com). McDonald's started as two brothers making milkshakes. This means that any small business can become an international franchise over time. How would I start my own company, you ask? I should be a testimony to my theory. I myself would start as a restaurant owner. After culinary school, I would open my own restaurant. I first need to find a long-term investor to help me through the entire process of opening my own restaurant, possibly opening multiple locations, franchising them to Griffith II, and then proceeding to open my own company to help other people do the same thing. Ok, before we get too far ahead, let's start from the beginning. Opening your own restaurant is not at all easy. First you need to decide on a concept (restaurants.about.com). This is what your entire restaurant revolves around. It is the basis for your interior and exterior design, your menu and the overall atmosphere of the entire restaurant. The saying “LOCATION! POSITION! LOCATION!" is perhaps the most important tip to follow when opening any type of business. The location of your restaurant is detrimental to your success. You need to make sure your business appeals to the... medium of paper... which I have built from the ground up, but at the same time give other people the opportunity to invest in their own dream and goals as well as mine. My company would provide the experience and know-how while the franchisee would have the drive and skill to successfully run one of my restaurants. Have more restaurants in more communities across the country and eventually the world will provide jobs for people and the bigger my company gets the more I could help improve the economy and possibly take part in that unemployment is becoming less and less of an issue in this country, the ultimate goal is to service the many restaurant chains I have started and opened myself, but I am opening new Griffith VII locations for franchisees in order to grow the business. my brand and provide jobs to the community surrounding my restaurants.