How do you find a great franchise opportunity amongst the thousands advertised on the internet, franchise exhibitions and magazines? In this article I examine the key qualities that potential franchisees should look for when evaluating a franchisor and their business model. Is the business model profitable? This is the number critical issue that should be examined in great detail before…
Tag: Franchise
The Franchise Business Internet Enhanced Relationships
Many franchised businesses now use the internet to communicate with the franchisor. This communication is mainly by way of an Intranet which is a private computer network. This can be done via the internet or via cables interconnecting the franchise network and serve to enhance the whole franchise network if done correctly. The franchisees can place orders online and check…
Are Home Based Franchises For Real
With so many work at home based business franchises available today, you have to wonder how many of them are really legitimate. Some of them sound amazing and promise astounding sales and profit with little effort or upfront investment. A wise investor will do the homework before purchasing a home based franchise so that there are no surprises after the…
Are Coffee Franchises An Easy Business Opportunity
Coffee franchises are springing up in almost every town and city worldwide. It is a tough business to be in when you consider the long hours, health and safety regulations and numbers of staff required. When potential franchisees first look at this business they are blown away by the profit margins. Surely any business that has such high margins built…
Don T Let Your Fear Stand In The Way Of Franchise Ownership
Resist the negative words of people that will move you from business ownership. There has not been a more suitable world to end the debate and move toward owning a franchise. This is the place to learn more about the swell business franchises. Long hours and fear of failure restrain some from capturing their desire for franchise ownership of the…
Food Franchises How To Choose The Right One
If you’re looking to purchase a food franchise opportunity, then there are a few things you need to know. In this article I will discuss how to analyze food franchises to determine if they are worth the franchise fee you must pay in order to get them. Specifically we will talk about determining if they have a workable profit model,…
The 5 Ks Of Being A Successful Franchisor
The franchise business world is constantly changing as new opportunities are released every month to an already stretched market place. By utilising the 5Ks of being a successful franchisor it is possible to keep ahead of the competition. The 5Ks for being a successful franchisor are: Keep Communicating Keep Supporting Keep Innovating Keep Investing Keep Positive Always refer to the…
Selling A Franchise Business
Selling a franchise business is not as straight forward as selling your own business. Your franchise agreement will have detailed instructions on the procedures that you need to follow when you take the opportunity to sell your business. The franchisor will be able to assist you in valuing your business and will probably insist that you use the methods of…
Never Work Again
Are you tired of being one of the rats in the race? Would you like to spend more time at home with family, friends, or engrossed in your favorite hobbies? What is stopping you? Ah…yes, you need money. What if I was to inform you that you can have the best of both worlds? Would you read on? Owning your…
Franchise Business Opportunities The Pros And Cons Of Buying A Franchise
Have you always wanted to go into business for yourself? If so, it’s possible that you’ve considered whether buying a business franchise is the right choice for you. Starting a business in any field is a significant life and professional decision, and, as with any major decision, it is important to weigh all of the pros and cons before taking…