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The Top 7 reasons why Franchising is Better than a Brand New Business

Written by: Sebastien Page

Article Overview: There are many people these days that are considering breaking away from the restraints of a traditional 9 to 5 job and going into business for themselves. They find themselves with the option of starting a business from absolutely nothing or going into franchising and working under an already established brand name.

The Top 7 reasons why Franchising is Better than a Brand New Business

There are many people these days that are considering breaking away from the restraints of a traditional 9 to 5 job and going into business for themselves. They find themselves with the option of starting a business from absolutely nothing or going into franchising and working under an already established brand name. There are obviously advantages and disadvantages for both options one must consider before making a decision. Advantages of franchising include:

1.) Using a tried and true business model that is available in franchising may save you a few costly mistakes which despite being learning experiences are still rather unpleasant.

2.)Financing is usually easier to obtain for franchising with much better rates and business opportunities are easier to come by.

3.) There are already marketing plans mapped out in a franchising business, as a result money will not be wasted on advertising and promotion, meaning more overall profit for you.

4.) Your franchiser can act as a business advisor and mentor to you in all matters of franchising you’re still not quite accustomed to.

5.) Franchising gives you the advantage of working under a recognized and established brand name which will give customers a sense of security and eventually result in more revenue.

6.) You can get involved with other franchisees in your network and all of you can exchange work experience and together help each other avoid common business pitfalls and mistakes.

7.) You will be able to buy requirements and tools through your franchising company for lower costs and as a result save quite a bit on expenses which is a major advantage.

So don’t make up your mind before taking these points into consideration and weighing them against the disadvantages and advantages of your other options.

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Article Tags: advantages and disadvantages, advertising and promotion, brand name, business advisor, business model, business opportunities, costly mistakes, experiences, franchisees, franchiser, franchising business, job, marketing, mentor, money, pitfalls, restraints, sense of security, true business, work experience



Related Forum Posts
New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital
Re: Hello EvanCarmichaelers, and Thanks! - "Carmichaelers" ..nice.. Over at the Young Entrepreneurs I'm going to start calling my readers "DSilvelers" - I like the sound of that! Welcome on board theFranchiseMarket. Do you run a Franchise Business or are involved in Franchising in anyway?
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Top 19 Copywriting books - 1. Ogilvy on Advertising. David Ogilvy. Wiley. 2. Positioning: The Battle for your Mind. Al Ries and Jack Trout. Warner. 3. The New Positioning. Jack Trout. McGraw-Hill. 4. Tested Advertising Methods. John Caples. Prentice-Hall. 5. How to Make your Advertising Make Money. John Caples. Prentice-Hall. 6. Guerrilla Advertising. Jay Conrad Levinson. Houghton Mifflin. 7. Direct Mail Copy that Sells. Herschell Gordon Lewis. Prentice-Hall. 8. Sales Letters that Sizzle. Herschell Gordon Lewis. NTC Business Books. 9. Herschell Gordon Lewis on the Art of Writing Copy. Herschell Gordon Lewis. Prentice-Hall. 10. Romancing the Brand. David Martin. American Management Association. 11. The Art of Writing Advertising: Conversations with William Bernbach, Leo Burnett, George Gribbin, David Ogilvy, Rosser Reeves. NTC Business Books. 12. Confessions of an Advertising Man. David Ogilvy. NTC Business Books. 13. My Life in Advertising. Claude Hopkins. NTC Business Books. 14. Scientific Advertising. Claude Hopkins. NTC Business Books. 15. How to Become an Advertising Man. James Webb Young. NTC Business Books. 16. The Lasker Story as He Told It. NTC Business Books. 17. Advertising Concept and Copy. George Felton. Prentice Hall. 18. The Copy WorkShop Workbook. Bruce Bendinger. The Copy Workshop. 19. Hey, Whipple, Squeeze This: A Guide to Creating Great Ads. Luke Sullivan. Wiley. This should keep you busy for at least a year. Enjoy!
Re: Top 50 Lists - Hi Evan, How about "Top 50": -Inventor Blogs To Watch -Franchising Blogs To Watch -Business Book Review Blogs -Women Entrepreneur Blogs -Young Entrepreneur Blogs


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