Franchise Businesses: Franchise Business Opportunity

Franchising

Franchising refers to the methods of practicing and using another person's business philosophy. The franchisor grants the independent operator the right to distribute its products, techniques, and trademarks for a percentage of gross monthly sales and a royalty fee. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor. Agreements typically last from five to thirty years, with premature cancellations or terminations of most contracts bearing serious consequences for franchisees.
Franchising has been around for many centuries but did not come to prominence until the 1930s, when the establishment of electricity, vehicles, and, in the 1950s, the Interstate Highway system helped propel modern franchising, most notably franchise-based food service establishments. According to the International Franchise Association approximately 4% of all businesses in the United States are franchises.

Wednesday, July 22, 2009

Franchise Business Opportunity

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5 comments:

myblogs said...: Becoming a distributor of products without having a large franchise fee is the best way during these challenging times we face. With layoffs by the hundreds of thousands it is possible to start your own business and decide for yourself what you are worth. LiveWire Energy Chews doesn't charge a franchise fee, but gives the benefits of franchise ownership. Check it out at business-opportunities . Join the fastest growing supplement company in the country with NASCAR sponsorship and over 2000 athletes sponsored nationwide. Call Tony at 608-792-8204 for more information and to get started today.; August 5, 2009 at 9:33 AM
Sugar said...: In today’s global economic status, everybody must be creative, resourceful and assertive.Franchise business has grown tremendously from food to clothing line to almost everything that people use in everyday life so investing a business now,is one of the brilliant ideas.

Small business loans Philippines; April 26, 2011 at 9:47 PM
David bone said...: The post is very nicely written and it contains many useful facts. I am happy to find your distinguished way of writing the post. Now you make it easy for me to understand and implement. Thanks for sharing with usretail clothing franchise; December 24, 2011 at 6:21 PM
Unknown said...: The very core and essence of a company is to be viewed by all customers as the first and only choice. The easiest way to achieve greater sales is to ensure that every customer experience results in a very satisfied loyal, frequent user customer who recommends your business to their friends and neighbors. This is interesting! Thank you for posting this one. Like all the good franchise opportunities, the product has to be great – or else. That’s where we come in – with a great pizza – and a great pizza franchise opportunity ready to hit the province of Ontario. Toronto franchise opportunities; August 31, 2012 at 3:04 PM
Unknown said...: This is very good information.i think it's useful advice. really nice blog. keep it up!!!

kids franchise opportunities; March 25, 2013 at 7:14 PM

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Franchise Business Basics

Franchising Basics - Franchise Businesses
Franchising Basics - An Introduction to Franchise Businesses By Budda Oliver

While many people desire to open and operate their own independent business, there are quite a few obstacles that most face. Starting a company from scratch can be very intimidating, and most people don't even know where to begin. Entrepreneurialism can seem like a path filled with many hardships and complications along the way. So what is an aspiring entrepreneur to do?

For many, purchasing and running a franchise business may be the way to go. Purchasing one of these outfits offers you the privilege to promote an already successful, recognized product or service, along with many other benefits. If you are looking to open and run your own operation, franchising may very well be the best option for you, and should at the very least be seriously considered. Here is some further information that may help you decide if franchising is right for you.

Generally safer than starting a company from scratch, franchising is a proven business format that helps firms grow quickly and efficiently. In other words, purchasing a franchise is a great way to go into business for yourself, but not by yourself. Think of it as "entrepreneurial coloring inside the lines." In general terms, a franchise is a license to use the name, trademarks, and products or service offered by an already existing company. Franchising opportunities allow you to distribute products or offer the services of an established business, while also allowing you to utilize their successful business systems, including marketing and advertising, human resources, accounting, and site selection and/or acquisition.

Of course as with all ventures, there are risks involved in running a franchise. However, having a proven franchise system will help to minimize these inherent risks. Good franchisors will provide you with proven systems that are easily replicated, with predictable results.
The potential for running a successful franchise is almost limitless. Franchising accounts for 10 to 12% of all retail enterprises, yet these businesses attain over 50% of the revenues in these sectors.

There are a plethora of franchising opportunities waiting to be taken advantage of. Whether you are unsure of what type of venture you would like to run, or you know exactly what type of industry was meant for you, the options available are infinite. There are roughly 3,000 franchising companies in over 80 different industries.

The advantages of owning a franchise business are vast, and the opportunities are only limited by you own personal aspirations and desires. There are also many franchising consultant experts that can help you decide if purchasing and running a franchise venture is right for you. The services offered by these experts can help place you with a franchise business that is right for you, as well as answer any questions you may have pertaining to franchising.

Mr. Oliver is a marketing agent of FRANNET. The franchise buying expert provides consultation services to walk clients through the process of purchasing a franchised business.

For more information on their Franchise Experts please visit their website.
Article Source: http://EzineArticles.com/?expert=Budda_Oliver http://EzineArticles.com/?Franchising-Basics---An-Introduction-to-Franchise-Businesses&id=1074954

Franchise Businesses

Franchising

Wednesday, July 22, 2009

Franchise Business Opportunity

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Franchise Business Basics

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