Getting a Franchise Started
Getting a Franchise Started
While driving down the street or talking a short walk, you’ll pass many franchises if you keep an open eye. For example, you may feel like getting yourself a cup of coffee from Starbucks and then maybe pick up some dinner on the way home, from Pizza Hut. These are simple examples of what franchises are; businesses that offer you the advantage of belonging to an already established and recognized brand name, while maintaining the ability to run your own business.
Franchising may seem like a complicated concept to grasp, which can be initially intimidating. However, many people these days have turned to franchising as a way to take control of their lives and leave their 9 to 5 cubicles behind. Meeting other franchisees and business experts is easy if you know where to look. Checking out the nearest trade fairs and seminars will reward you with a wealth of knowledge regarding the different franchising opportunities available. It will also help you determine whether you’re ready to take the plunge into franchising or not.
Your selection of the right franchise is essential to your success in the future. Choose the franchise company you which to become a part of carefully and don’t hesitate to seek advice from those with expertise in the business. While becoming a franchisee may feel liberating in regards to running your business and promoting it, there are still rules, guidelines and contractual obligations you must be keen on observing.
Seek a network of individuals with similar interests and goals, like a business club, for example. Expand your contact database and look for help and support wherever they’re available. Setting a bulletproof business plan, carefully balancing your budget and maybe even a small grant will all be of benefit to you when starting your own business.
With the right tools and knowledge, starting your franchise may not be as hard or as intimidating as you might assume. In fact, it might not be too long before you decide to expand your business into a multi-franchise!
Getting a Franchise Started - To learn more about this author, visit Sebastien Page's Website.
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Getting to know what a franchise is
While driving down the street or talking a short walk, you’ll pass many franchises if you keep an open eye. For example, you may feel like getting yourself a cup of coffee from Starbucks and then maybe pick up some dinner on the way home, from Pizza Hut. These are simple examples of what franchises are; businesses that offer you the advantage of belonging to an already established and recognized brand name, while maintaining the ability to run your own business.
Franchising may seem like a complicated concept to grasp, which can be initially intimidating. However, many people these days have turned to franchising as a way to take control of their lives and leave their 9 to 5 cubicles behind. Meeting other franchisees and business experts is easy if you know where to look. Checking out the nearest trade fairs and seminars will reward you with a wealth of knowledge regarding the different franchising opportunities available. It will also help you determine whether you’re ready to take the plunge into franchising or not.
Your selection of the right franchise is essential to your success in the future. Choose the franchise company you which to become a part of carefully and don’t hesitate to seek advice from those with expertise in the business. While becoming a franchisee may feel liberating in regards to running your business and promoting it, there are still rules, guidelines and contractual obligations you must be keen on observing.
Seek a network of individuals with similar interests and goals, like a business club, for example. Expand your contact database and look for help and support wherever they’re available. Setting a bulletproof business plan, carefully balancing your budget and maybe even a small grant will all be of benefit to you when starting your own business.
With the right tools and knowledge, starting your franchise may not be as hard or as intimidating as you might assume. In fact, it might not be too long before you decide to expand your business into a multi-franchise!
Getting a Franchise Started - To learn more about this author, visit Sebastien Page's Website.
Like this article? Share it with your friends
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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 |
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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 |
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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 |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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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 |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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