The simplest definition for franchising is: “A method of doing business whereby a franchisor licenses trademarks, systems and methods of doing business to a franchisee in exchange for a recurring ongoing consideration i.e. a royalty fee or a franchise management fee”. Read Full Story
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Franchise investing says: "The severable Franchise that a franchise registration chromatographically sports franchise investing... Read Full Story
Quite frankly, all of these are very valid questions as the
potential franchisee ponders over their decision to move
from a job (most probably) to entrepreneurship. These are
all very measured and fair questions. The answers that they
receive to these questions help them to cement their
decision at a logical level. They may help in securing
funding for the project as well. Read Full Story
In the Franchise Industry the most common questions we get asked by people looking for a franchise opportunity are covered in this list.
Question: What is franchising?
Answer: Franchising is where you buy the rights to a business concept, trademarks & know how. In return you pay a franchise fee and a percentage of your profits.
Question: What is a franchise?
Answer: A franchise is, in its simplest terms, an agreement between the franchisor and the franchisee, whereby the franchisee... Read Full Story
Franchising a business is a great way to expand and get your products to the market quickly. It is possible to achieve strong growth using the franchise model.
Franchising though is not suitable for every business. Analyse your business model and ask yourself the following questions:
Can my business model be taught easily to people with no prior business experience?
How easy would it be and how much would it cost to recruit new franchisees?
What kind of person would make the ideal... Read Full Story
The idea of owning a franchise is, for some people, the ticket out of the rat race and into a world of financial independence and being their own bosses. For others, the idea of owning a franchise means risking not only a regular paycheck, but having to put up their own money and then agree to run the business according to someone else’s guidelines.
Both Sides
Somewhere in between those extremes is the reality of being a franchise owner. No one who knows the franchise business can... Read Full Story
With the rapid growth of online franchise update in a survey reported in 2003 that 59% of the franchise lead donors came from online sources. Executives of these companies understand the growing power behind the Internet and taking full advantage of the exploding growth online by searching on their businesses by leaps and bounds. Countless companies are now expanding their businesses through franchising. This is because the franchise business opportunity seekers have the opportunity to... Read Full Story
This is a post by guest blogger Don Sniegowski, the founding editor of the daily franchise news site BlueMauMau.
“There’s a youth movement brewing in the franchising world,” a recent story in The Wall Street Journal reports. Published in late September, the story explains that as boomers are retiring, franchise brokers and franchisors are putting increasing efforts into recruiting new college grads. But is this a real trend?
The story quotes a small number of franchisors, including WSI... Read Full Story
Have you ever thought that your business become successful? Of course not, who are successful in business wants nothing less than the success of their companies. But there are times in which the Company does business make too confusing, since the demand for services and products, the ability of a local business for a growing customer base has crossed offer. Perhaps it is time to consider franchising. Franchising your business is a good way to continue toTo monitor the success and growth of... Read Full Story
Let's get right to it:
"Our business model is consistently ranked as one of the
fastest growing and most successful opportunities in the world for the
following reasons: Low Cost Start Up, Recurring Royalty Revenues, Unlimited
Growth Potential, Industry Size of $128 Billion and Growing, Recession
Resistant and YOU have the... Read Full Story
