Why are Franchises so Successful?
Why are Franchises so Successful?
Franchises are successful because they have created a time-tested and well-developed system for running a business. This system takes into account all aspects of running a successful franchise, and nothing is left to chance. The franchisor simply needs to follow the game plan and they will be successful like all of the other franchises in the system.
Since the system is so critical to the success of the franchisee, franchisors offer their franchisees excellent training and very close support during the life of the franchise relationship. Sometimes franchisees get frustrated because franchisors offer very little leeway in the way things are done, but franchisees must understand that this is done for the good of both the individual franchisee and for the of the overall franchise organization as a whole.
If you are looking for a proven way to own your own successful business, and don’t mind giving up most of the creative control associated with developing that business, then a franchise could be perfect for you. There is less risk and more support to open a franchised business than there is to starting a new business from scratch. And resale values are often higher as well.
If franchising sounds interesting to you, there are thousands of franchise opportunities across nearly every industry. Start your search today to find the perfect franchise for you – you’ll be glad you did!
Why are Franchises so Successful - To learn more about this author, visit Tom Parsley's Website.
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Did you know that 97% of all franchises opened during the past 5 years are still open? Compare that to the fact that less than 50% of non-franchised businesses are still open after the same timeframe. Why are franchises so successful?
Franchises are successful because they have created a time-tested and well-developed system for running a business. This system takes into account all aspects of running a successful franchise, and nothing is left to chance. The franchisor simply needs to follow the game plan and they will be successful like all of the other franchises in the system.
Since the system is so critical to the success of the franchisee, franchisors offer their franchisees excellent training and very close support during the life of the franchise relationship. Sometimes franchisees get frustrated because franchisors offer very little leeway in the way things are done, but franchisees must understand that this is done for the good of both the individual franchisee and for the of the overall franchise organization as a whole.
If you are looking for a proven way to own your own successful business, and don’t mind giving up most of the creative control associated with developing that business, then a franchise could be perfect for you. There is less risk and more support to open a franchised business than there is to starting a new business from scratch. And resale values are often higher as well.
If franchising sounds interesting to you, there are thousands of franchise opportunities across nearly every industry. Start your search today to find the perfect franchise for you – you’ll be glad you did!
Why are Franchises so Successful - To learn more about this author, visit Tom Parsley's Website.
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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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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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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster'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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