Franchising

If you're seriously considering franchising, perhaps you have a plan of surfing the net or reading some popular franchise magazines in order to find the one best suited for you. Or maybe you try to make this analogy: "I buy everything else on the internet these days, so I'm sure I can locate the franchise of my dreams there, too". Sure,...

If you are considering buying a franchise, especially an internet business model, you should make yourself aware of the disadvantages of a franchise as well the advantages. There are many business models you can choose from, ranging from a traditional internet home business (if anything on the internet could be described as 'traditional') to a...

Business franchising has a long history of successful business companies expanding their businesses through franchises. The earliest of franchising ventures take us as long ago as the 1850s when Isaac Singer expanded his line of sewing machines. Some of the veterans of business franchises that need mention include Coca Cola which started franchising...

Many Americans dream of owning their own business and being in control of their destiny. The only issue is that very few folks will actually dive in and take the risk to become their own boss. The reason for this holdback: it's the fear of failing.The rate of failures on startup businesses varies from person to person. However, Scott Shane of...

Does the notion of being self-employed and entering the business world with an already well-established business sound appealing to those entrepreneurial ears? If so, then a franchise pursuit might just be what you're looking for. Starting your own self-sufficient, soon to be booming and successful business is literally right around the corner,...

When choosing a new franchise to invest in it is vitally important that you read through each part of the disclosure document and particular the section on current and former franchises. In this document section about other franchises that have been bought, it is key to establish which franchises are in operation and making a success of their...

Franchising has been in the Philippines for 94 years. With the entry of Singer Sewing Machine in 1910 which introduced product distributorship. Numerous companies embraced this concept as their vehicle for business expansion over the years. From 1910 to 1965, businesses staked their flags in the Philippine economy through PRODUCT DISTRIBUTORSHIP....

The decision to start a franchise should not be taken lightly, but it can prove to be very financially and emotionally rewarding. I'm going to discuss some of the steps you should consider to ensure your franchise succeeds.Step 1: Understand What a Franchise IsBefore you begin, you need to understand the meaning of the word franchise. The term...

Like all things in life, there are always list of the top this or that. Franchises are no different and can be put in list like most popular, range of cost and ease of purchase. Business brokers also have their own favorites to show prospective clients.If a potential franchise buyer is thinking about buying a franchise, then looking at rankings...

It is inevitable that starting and successfully operating any small business today is always going to generate an ever evolving list of complaints and disappointments for most owners. Entrepreneurs that choose franchising as the means to open a small business will have many of the same complaints as independent owners do along with a few unique...

As a franchise sales consultant I am often asked what are the advantages of the master franchising business model and buying a master franchise. Master franchising, some times referred to as sub-franchising, is a form of franchising that allows an individual to buy the rights from a franchise company (The Franchiser) to sub-franchise their business...

If you want to save yourself the hassle of a commute and desire a flexible schedule, your own business and, if applicable, the ability to be a stay-at-home parent, home based franchises will give you a world of possibilities.You can choose from a wide variety of options in every franchise industry, and benefit from a tried and tested operation,...

The 21st century, in its first decade, is looking like it will be the century of the franchise. It's impossible to drive to any of the thousands of shopping centers and malls anywhere in the world, or down the main thoroughfares of any major suburban areas, and not pass franchise after franchise, ranging from restaurants, to dollar stores, to...

What is required for a company to become a franchise system? Legally the Federal Trade Commission is the federal organization that oversees franchise sales and growth. The industry has grown a great deal over the past fifty years, along with growth and popularity come regulations and rules for doing business in the franchise world. In the end,...

Difference in Objectives:Unlike the franchisor whose objective is to sell you his franchise if you qualify, the franchise consultant should have no bias toward any specific franchisor or franchise type. Rather, his sole objective should be to assist the franchise business buyer in making and executing the best decision to satisfy his or her requirements...