Resources
How To Get Into A Unique Franchise Business
Water for humans means life. Unfortunately, not everything about water is good for life. Too much water especially those coming from natural disasters and unavoidable circumstances can be disastrous Read more...
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Resources
What Are Franchise Royalty Fees?
Franchise royalty fees vary from one franchisor to the next. They can be very simple or somewhat complex. To begin with, let’s examine why franchisors assess a franchise fee in the first Read more...
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Resources
Franchise Initiative To Transform Approach To International Expansion
(ContentDesk) September 7, 2005 -- A leading Franchise consultancy group is spearheading a major US and international government supported initiative, designed to facilitate the growth of Read more...
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Below, you'll find most information
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Franchise For Newbies
The effects of franchising
on modern business
Consumers everywhere love the consistency that comes from shopping in a
franchised business. From the cleanliness of the rooms at a Courtyard by
Marriott to the fun children will have at a Pump It Up, people know what they
will get when they purchase under a franchisor’s brand. The number of industries
bringing goods and services to customers through franchising is growing,
limited only by the imagination of the businesspeople who are beginning
to understand the potential of this ancient method of distribution. Franchising
creates opportunities for business ownership and personal wealth — both
part of the foundation for the growth of peace and democracies.
What most people don’t understand is the sheer size and impact franchising
has on the economy in the United States. Based on a 2001 economic impact
study conducted by Price Waterhouse Coopers (PWC) for the IFA Education
Foundation (IFAEF), franchising generated more than 18 million jobs in the
United States, or nearly 14 percent of the private sector employment. Indeed,
in the gambling capital of the world, Nevada, 20 percent of its private sector
workforce is employed because of franchising.
Franchising is becoming
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