Resources
Franchise Entrepreneurs - Buying Yourself A Job?
By Marius Tesselaar
A Franchise Opportunity - What Is This Exactly?The best way to describe a franchise is to imagine it as a business that is delivered to you in a box at a certain cost and after Read more...
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Resources
How To Finance Your Franchise
Over the past several years, many people across the country have envisioned leaving their current work environment for the opportunity to own a business or franchise. In many ways that is the easiest Read more...
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Resources
Why Franchise Your Existing Business?
Let's say that you own your own pizza business. You have been working very hard for many years to establish your business. Your efforts have paid off. You are very successful. Except for the long Read more...
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How To Select A Franchise
Here are some useful tips on how to select a franchise. When selecting a franchise, carefully consider a number of factors, such as the demand for the products or services, likely competition, the franchisor's background, and the level of support you will receive because like any other investment, purchasing a is a risk. You will do well to consider the following items before selecting a franchise: Demand: Is there a demand for the franchisor's products or services in your area? Is the demand seasonal? Is there likely to be a continuing demand for the products or services in the future? Does the product or service generate repeat business? Competition: What is the level of competition? How many franchised and company-owned outlets does the franchisor have in your area? How many competing companies sell the same or similar products or services? Ability to Operate the Business: Will you be able to operate your outlet even if the franchisor goes out of business? Will you need the franchisor's ongoing training, advertising, or other assistance to succeed? Will you have access to the same suppliers? Name Recognition: A primary
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