|
|
Like this article? PLEASE +1 it! |
|
Why are Franchises so Successful?
Written by: Tom ParsleyArticle Overview: 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?
![]() |
Free Download - FAQ's for Starting a Franchise By Tom Parsley |
Why are Franchises so Successful?
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!
Article Tags: franchise opportunities, franchises, franchisors, franchisors, successful business, successful Franchises
|
About the Author: Tom Parsley RSS for Tom's articles - Visit Tom's website The Business Market is an online business-for-sale marketplace. If you are looking to buy a business, franchise or opportunity, you can search our database for free to find the perfect business to buy. Or if you are looking to sell a business, franchise or opportunity, you can list it for sale on The Business Market risk-free. There are no setup fees, no monthly fees, and you only pay a small fee (less than a dollar) for each unique buyer that views your listing. Click here to visit Tom's website Is Due Diligence Important when Buying a Business How do I sell My Restaurant Franchise Franchise Sleepers Coffee Bean Aroma Business Niche Where do you place |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! 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!
The Golden Rule of Communications
Smart & Simple Internet Techniques
Live To Work Or Work To Live?
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.



