1851

After decades spent in the financial sector,&nbsp;<a href="https://www.linkedin.com/in/kai-zhu-63664233/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=from-friendship-to-franchise-how-two-couples-kinship-will-bring-paris-baguette-to-newton-square-2725851" target="_blank" rel="nofollow">Kai Zhu</a> and&nbsp;<a href="https://www.linkedin.com/in/vicky-wenjing-yan-48945a56/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=from-friendship-to-franchise-how-two-couples-kinship-will-bring-paris-baguette-to-newton-square-2725851" target="_blank" rel="nofollow">Vicky Yan</a> were both considering entrepreneurship and looking for the right fit. The two had mutual friends and Zhu, who is pursuing his EMBA, met Yan’s husband in his program at Wharton. The two couples got to know each other better and, during a casual dinner at Yan’s home, they decided to go into business together.Zhu and Yan both immigrated to the U.S. to pursue their degrees and build successful careers and are now fulfilling their American Dream, finding more freedom and flexibility, as they build something truly meaningful in their own community.The pair had experienced&nbsp;<a href="http://1851franchise.com/parisbaguette/info">Paris Baguette*</a>, the 4,000-unit global bakery café franchise, as guests, and they knew it would be a great addition to the Newton Square community — a neighborhood Zhu and Yan say is currently underserved.The business partners have signed to bring a new café to the market and plan to open next spring, but they both see potential for additional growth with&nbsp;<a href="http://ownaparisbaguette.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=from-friendship-to-franchise-how-two-couples-kinship-will-bring-paris-baguette-to-newton-square-2725851" target="_blank" rel="nofollow">Paris Baguette</a> and hope to bring the unique, fresh-baked and community-centric experience to even more people in Pennsylvania.FEATURE QUESTIONS1851 Franchise: Frame your personal story for us.&nbsp;What did you do before franchising, and how did you decide franchising made sense for you?Zhu:&nbsp;I’ve worked in finance for more than 15 years, but I’ve always wanted to own my own business. I’m working on my EMBA at Wharton, and Vicky is the partner of my classmate. We both wanted to own and run a business, and Paris Baguette was the right fit for Newton Square. We’re going to be bringing something to a community that is underserved.Yan:&nbsp;I’m working full-time in the financial industry and consumer lending, doing analytics. I watched my parents run a business since I was a child, so that has always been a seed in my mind and an ultimate goal in life. I don’t want to work for others. I want to grow my own business and see if I can leverage what I’ve learned in the past from my parents and jobs.&nbsp;1851: What was your perception of franchising prior to becoming a franchisee, and what do you want people to know about franchising now that you are in it?Zhu:&nbsp;I was aware of the model from a family business. Given our background in finance, we thought a franchise model would be the right one for us.Yan:&nbsp;Another reason we chose Paris Baguette was because we did lots of research. We know that Paris Baguette is very supportive of their franchisees. It’s not like you sign the agreement and then are on your own. It’s a good brand and franchise to help get us into the industry and allow us to build and learn.&nbsp;1851:&nbsp;What made you pick this brand? What excites you most about this company?Zhu:&nbsp;In terms of the demographics, we knew the product was the right fit. It fills a gap in the community. But we’re also very passionate about our community, and we think Paris Baguette will bring unique products and experiences to our community.Yan:&nbsp;I’m a foodie. I knew I wanted something more delicate and high quality, and I want to bring something to my local community that I would like. For every family birthday, I either bake a cake at home or get a cake from Paris Baguette, and this is a brand that I want to introduce to my neighborhood.&nbsp;1851:&nbsp;What do you hope to achieve with your business? What are your plans for growth?&nbsp;Zhu:&nbsp;We plan to assess every six to ten months, but I see us being able to have many more Paris Baguette bakery cafés in Pennsylvania.1851:&nbsp;What is the one thing about your story you want us to know?Zhu:&nbsp;I have lived and worked in different continents. I grew up in China, went to South Africa when I was 12. My family had businesses there, so I lived in different parts of South Africa for 20 years. Then, I went back to Asia. I worked in China for three years and Hong Kong for another three. Then, I came to the U.S. with my wife, who has also lived and worked in different countries, including Australia and Malaysia. We enjoy being in the U.S. and seeing so much, and we look forward to contributing to the local communities.Vicky’s and my decision to start Paris Baguette happened within about five minutes. We had gone to a casual dinner with Vicky and her husband, and she mentioned Paris Baguette. She had come to the conclusion that it was a good choice, and the day before we went to their house for dinner, I had actually picked up a cake for my daughter at Paris Baguette. I thought it was a really good fit for Newton Square, and we were both at the right stage — ready to start.Yan:&nbsp;My life has been relatively smooth. I grew up in China and came to the U.S. around 2010 for college and graduate school. My husband is working on his own startup now, but we have different interests. Kai and I have very similar business ideas, and everything was the right timing. We are still young and have energy, but we have both collected the right skills and credentials to succeed.&nbsp;Also, we have both experienced the brand as guests, and that makes us even more confident in our choice.1851:&nbsp;What advice do you have for other people thinking about becoming a franchise owner?Zhu:&nbsp;Paris Baguette is a very relationship- and family-based business. If you’re someone who enjoys people to people interactions and wants to be a part of the community, Paris Baguette is the right fit for you. It’s not just about buying a franchise and opening the business. It’s about the guests and people.Yan:&nbsp;Make sure you’re financially ready. Think about if it’s a good fit for your time, experience, family and needs. Everything has to work together.I would also recommend having a business partner to work together with. That gives a more comprehensive view of every decision we are making.&nbsp;ABOUT PARIS BAGUETTE:&nbsp;Paris Baguette is a bakery café franchise with more than 4,000 units across the globe. The global brand first franchised in the U.S. in 2015 and has since established over 160 locations in markets across the country, making it one of the premier franchise opportunities in its category. Paris Baguette’s primary mission, executed every day by its expert staff of bakers, cakers and baristas, is to share moments of joy with guests and help guests share moments of joy with their friends and family by providing world-class cakes, pastries, coffees, breads and other French-inspired bakery café fare. To find out more information on costs to buy this franchise, please visit<a href="https://ownaparisbaguette.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=from-friendship-to-franchise-how-two-couples-kinship-will-bring-paris-baguette-to-newton-square-2725851" target="_blank" rel="nofollow">&nbsp;https://ownaparisbaguette.com/.</a>

Paris Baguette: From Friendship to Franchise Ownership

1851 Franchise

Kai Zhu and Vicky Yan, who met through mutual friends and the Wharton EMBA program, plan to bring their first bakery café franchise to the underserved market next spring.

From Friendship to Franchise: How Two Couples’ Kinship Will Bring Paris Baguette to Newton Square

from-friendship-to-franchise-how-two-couples-kinship-will-bring-paris-baguette-to-newton-square

Spadea Lignana Franchise Attorneys

Spadea Lignana - La Bottega - Client Spotlight - 1851 Franchise

How Giuseppe Ruta Built La Bottega From a “Hole-in-the-Wall” to a Thriving Franchise With Help From Spadea Lignana

la-bottega-franchise-spadea-lignana

Woodhouse Spas

Photo of exterior of Woodhouse Spa location

What Should I Expect When Opening My Woodhouse Spa Franchise?

opening-woodhouse-spa-franchise-support

Fresh Coat

Photo of two Fresh Coat vans parked outside a building

Scaling With Fresh Coat Painters: Insights and Tips From the Field

fresh-coat-painters-franchise-scaling-tips

Pigtails & Crewcuts

A Business That Fills Your Heart: Why Pigtails & Crewcuts Franchisees Say It’s More Than a Career

a-business-that-fills-your-heart-why-pigtails-crewcuts-franchisees-say-its-more-than-a-career

Caring Transitions

Why Consider a Corporate Career Change? Find Meaningful Work Helping Others With Caring Transitions

why-consider-a-corporate-career-change-find-meaningful-work-helping-others-with-caring-transitions

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

U.S. Budget Deficit Rises as Tariff Revenues Increase — Potential Considerations for Franchising

us-budget-deficit-rises-as-tariff-revenues-increase-potential-considerations-for-franchising

Dickey's Franchisee Backlash - Lawsuits - Disputes - 1851 Franchise

Texas-Based Dickey’s Barbecue Pit Grapples with Franchisee Backlash

dickeys-barbecue-pit-franchisee-lawsuits

Design with person in blazer, with laptop, holding sign that reads "LOOKING FOR A JOB"

Uptick in Jobless Claims Points to Continued Instability in Labor Market

jobless-claims-franchise-growth

Extraordinary Brands Acquires CycleBar and Rumble, Shaking Up Boutique Fitness Franchising

extraordinary-brands-cyclebar-rumble-boxing-acquisition

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

graphic for a spotlight from 1851 franchise featuring Kevin Rarick from caring transitions

Army Veteran Returns Home To Launch Caring Transitions Franchise in Reading, Pennsylvania

kevin-rarick-caring-transitions-reading-pa

Navy Veteran and Professional Artist Couple Open Caring Transitions in Texas

Navy Veteran and Professional Artist Couple Set Out to Build a Purpose-Driven Business With Caring Transitions in Texas

navy-veteran-and-professional-artist-couple-set-out-to-build-a-purpose-driven-business-with-caring-transitions-in-texas

graphic image of a franchisee spotlight jamie davis of caring transitions

How This Entrepreneur Turned a Lifelong Passion for Treasures Into a Purpose-Driven Business

jamie-davis-caring-transitions-franchise

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

"Come in, We're OPEN" sign against abstract background

From Friendship to Franchise: How Two Couples’ Kinship Will Bring Paris Baguette to Newton Square

MORE STORIES LIKE THIS