A Research Report: Good Reasons for Buying a Franchise Business
A Research Report: Good Reasons for Buying a Franchise Business
- The enjoyment and satisfaction of owning your business and essentially being your own boss.
- Aside from royalties, all profits will end up in your pocket with no one else to share them with.
- You decide your own working hours
- Overhead costs are significantly reduced
- Choosing a franchise to buy will with the help of your business skills and talents, become a profitable investment for your future.
- The International Franchise Association indicates that employees of the franchising business are in excess of 8 million people. This means that about one retail business in a dozen is actually a franchised business.
It’s easy to find out which franchises are killing the competition in the market these days, between fast food joints like Taco Bell to cosmetic centers like Supercuts. This should narrow down your choices when choosing which franchise to become part of.
Overall, when it comes to going into business for yourself, buying a franchise is a lot more profitable and a much more secure investment than starting a brand new business from scratch. For one, the franchiser’s brand name established and trustworthy in addition to the fact that the products or services of this franchiser already have their place in the marketplace. Therefore, there’s a lot of bumps on the road any budding business faces, which you can avoid provided you manage your business well. Under these conditions, it’ll be very hard not to make a profit.
Research indicates that a new entrepreneur has a much better shot at success when equipped with the advice provided by more experienced individuals in the franchise world, so never neglect to seek such advice.
A Research Report Good Reasons for Buying a Franchise Business - To learn more about this author, visit Sebastien Page's Website.
Like this article? Share it with your friends
A question asked to a panel of entrepreneurs was : Did you eventually get bored of being someone else’s employee? Were you thinking of starting your own business that was successful without requiring starting it from scratch? The logical choice for any potential entrepreneur who answered these questions ‘yes’ was buying a franchise. This is because there are quite a few advantages to come out of such a business venture:
- The enjoyment and satisfaction of owning your business and essentially being your own boss.
- Aside from royalties, all profits will end up in your pocket with no one else to share them with.
- You decide your own working hours
- Overhead costs are significantly reduced
- Choosing a franchise to buy will with the help of your business skills and talents, become a profitable investment for your future.
- The International Franchise Association indicates that employees of the franchising business are in excess of 8 million people. This means that about one retail business in a dozen is actually a franchised business.
It’s easy to find out which franchises are killing the competition in the market these days, between fast food joints like Taco Bell to cosmetic centers like Supercuts. This should narrow down your choices when choosing which franchise to become part of.
Overall, when it comes to going into business for yourself, buying a franchise is a lot more profitable and a much more secure investment than starting a brand new business from scratch. For one, the franchiser’s brand name established and trustworthy in addition to the fact that the products or services of this franchiser already have their place in the marketplace. Therefore, there’s a lot of bumps on the road any budding business faces, which you can avoid provided you manage your business well. Under these conditions, it’ll be very hard not to make a profit.
Research indicates that a new entrepreneur has a much better shot at success when equipped with the advice provided by more experienced individuals in the franchise world, so never neglect to seek such advice.
A Research Report Good Reasons for Buying a Franchise Business - To learn more about this author, visit Sebastien Page's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
|||
Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
|||
Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
|||
John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
|||
John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
|||
Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
|||
David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
|||
Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Sebastien's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
 |
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Sample Press Release The Small Picture Create A Mission Statement EQ Coaching Report Salesperson Selection |
|
 | ||
 |
Top 50 Blogs For Startups
Top Blogs To Watch In 2008 | |
 |
Top 50 Marketing Blogs
Top Marketing Blogs of 2010 | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||||
| ||||||||||||
|
|
||||||||||||