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Franchising Can Be a Legal Money Machine

Written by: John Power

Article Overview: Franchising is a unique income producer, that with a successful offering, and produce above-average income.

Franchising Can Be a Legal Money Machine

With a relatively small investment, franchising can be a vehicle to generate fees and royalties over and over. An introductory speaker at a franchise convention, who seemed to be a pretty ordinary and down-to-earth person, said, "Franchising has provided me with business and financial success beyond my wildest imagination." Brad Sugars, founder of ActionCOACH, which has sold over 1,000 franchises in 22 countries, said, "The key to business success is creating a model where you make the sale once and generate revenue over and over, forever." That is franchising.

Franchising can also allow you to remove yourself from the day to day operation of your present business because you will run a franchising organization, not the one you presently own.

• Franchising is a proven and established way to expand that meets all legal requirements
• After the initial cost you can sell hundreds of franchises
• Faster expansion than growth from retained earnings
• Excellent return on investment
• Some elasticity in the franchisefees you charge
• Elimination of lease exposure
• Lower capital investment requirements
• Less involvement in local business operations
• Management team with a vested interest
• Fewer employees
• Pool of potential franchisees looking good opportunities
• Increased exposure and strength though combined advertising
• Operate a franchise marketing company rather than the business you now own
• Stable business model
• Brand building
• Network establishment
• International expansion
• Future exit strategy

Franchising can allow you to build a chain store, or large company organization, while retaining individual ownership and financial/operational responsibilities, and without a large up-front investment.

More information can be found at: www.biltmorefranchise.com

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  Franchising Overview
  Franchise Agreements The Basics
  Franchising - a short history

Article Tags: actioncoach, brad sugars, business operations, business success, capital investment, company organization, earth person, elasticity, exit strategy, financial success, franchise marketing, franchisees, international expansion, investment requirements, li li, marketing company, model li, operational responsibilities, stable business, vested interest



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