Express Advertiser Magazine

Welcome

Click Logo To Page

Business Franchising – Just What Should You Look For In A Franchise?

What is a Franchise?

· An authorization to sell a company's goods or services in a particular place
· A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area.

How did franchising start?

One of the earliest franchisors was the Singer Sewing Machine® Company, which set up dealers shortly after the Civil War to sell and repair its revolutionary machines throughout the country. Shortly after the turn of the century, Coca-Cola® licensed others to manufacture and distribute its wonderful elixir. Ford Motor Company® later set up dealers to sell and service its products. Of course, McDonald's® is an example of how an entrepreneur (Ray Kroc) could take an idea and quickly spread it coast to coast (and eventually around the world) without starting out with millions of dollars in capital. Many companies turn to franchising as a system for expansion because they recognize that they can grow rapidly with a minimum amount of capital and enlist top-notch partners if the company is willing to share the profits. The company that sells licenses to its system is called the franchisor, while those who open their own units are called franchisees.

Why franchise?

There are many reasons why franchising is the best type of operation for the majority of first-time business owners. Most revolve around the increased probability that the business will succeed and provide profits to the owner in a shorter time frame than an independent business. This allows the owner to address her or his personal goals both financially and personally. Here are a few, more detailed, answers to that question.

Earn what you’re worth

Thousands of franchise owners report they were handicapped in their corporate careers by company policies and supervisors that put a cap on their earnings. When you own your own company, your efforts are rewarded and your personal income shows it!

Satisfaction of Achievement

Many business owners report that seeing their actions turned into reality without stagnating for months in committee meetings (as often happens in big companies) is a major reward of owning their business.

Quicker Start-Up than Independents

A proven plan out-paces an independent’s hit & misses operation almost every time. Looking at just independents that succeed--you'll find that franchises grow quicker, reach break-even sooner and succeed more regularly than others in the same industry as depicted in the accompanying chart


What do I need to know?

Another question that arises is “What do I need to know in building my own franchise?” There are four main ingredients found in each business...

· The product or service that is delivered to its customers.
· The location that the business occupies.
· The amount of capital that was invested or borrowed by the venture.
· The management team that runs the company -You!

Making a choice

Choosing the right franchise can be a confusing process.

First, you must believe in the product or service that the franchise network delivers. Is the niche stable, expanding, long-term, saturated?

Next, you must verify the industry's future. What do the trade papers predict?

Check your aptitude for the job. If you don't enjoy math, an accounting franchise isn't for you, etc. Often outside sources can help here. A personality and aptitude test (similar to those used by major corporations) will help you discover your hidden talents.

Determine the earnings capability. Most franchisors can't provide earnings projections, but you must make an effort to determine your future return.

Confirm the potential earnings and the franchisor's integrity with existing franchisees. Each franchisor will give you a list of its network members.

You should call them to get their confirmation of your projections. If a franchisor (or business opportunity seller) will not give you a list of its franchisees, you should heed the red flashing lights and end discussions.

While this article is just the tip of the iceberg, you can get a good idea why you should start your own franchise, today.




Summary
Business Franchising – Just What Should You Look For In A Franchise?
What is a Franchise? · An authorization to sell a company's goods or services in a particular place · A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area. How did franchising start? One of the earliest franchisors was the Singer Sewing Machine® Company, which set up dealers shortly after the Civil War to sell and repair its revolutionary machines throughout the country. Shortly after the ...

Keywords:
franchise, franchising, business

Word Count:658

[#730 of 2596] -end


NEW Articles of the day for
Express Advertiser Magazine

Home Business Is All About Knowledge
I've just finished reading and replying to an email from a rather confused and frustrated "Affiliate Hopeful". It's not something I do a whole lot of, as I don't advertise myself as an advisor or any kind of expert in the Internet Home Business...
...Read More

Naming Your Home Based Business
What's in a name? In the world of business, a name is everything. Naming your home based business is important, because it is something that you will want your clientele to remember as they associate it with something positive. There is a lot of...
...Read More

 

Visit Our Advertisers -
They help keep this service FREE!

NEW Ads every day in
Express Advertiser Magazine

Current Issue of 10/24/2017

CREATE A MASSIVE CASH FLOW EXPLOSION!

Highly Lucurative Business Model. Market The World's Greatest Nutrition. Protect Your Health And Build True Financial Wealth. Upgrade Your Lifestyle.
Call 618-306-1019

177


WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201

0


WOW!

$100 One Time Turns Into
$21,000 Over and Over Again!
This is a Special Invitation
for You to Join One of the Best
Gifting Programs Ever!
Send LSASE Today for
Complete Details!
GERALD CRAYTON
1945 N. Enochville Ave.
China Grove, NC 28023

20


OWN YOUR OWN
'INFORMATION LIBRARY'!
Be the Prime Source & Keep All The Money!!

Be the Publisher of 14 professional,
quality booklets.
Learn, then resell for Big Profits!
Your own information selling business for
under $40.
Send stamp today for
FREE information to:
Earl Nott, Jr.
8 Fifth Ave.
Newburgh, NY 12550

33


TURN $7 INTO $19,659

Per Month! Listen To Message:
(512)-505-6850
PennyMatrix.com/mitchell

57


ULTIMATE HOME PUBLISHING CD

Over 30,000 reports, MB of software,
thousands of postal & e-mail addresses
and much more!
For your own
"Ultimate Home & Internet Publishing Portfolio CD"
with unlimited duplication
and resell rights + a sales circular,
Rush only $39.95 by check or M.O. to:
HAROLD BOSI
PO Box 35-188
Elmwood Park, IL 60707

26


HELP WANTED: HOMEWORKERS WITH RECIPES

Favorite Dishes, Home Remedies, Health,
Biz Plans, Etc.
For New Book Info.
Includes O's Outreach Adsheet With Big Mail Offer.
Send $2.00/SASE To:
OCS
POB 1835
NY, NY 10159

3


14 BEER RECIPES

INGREDIENTS - DIRECTIONS
Great Receipts
Only $10.00 Cash - U.S.Money Order.
Three More Beer Recipes Free.
Wright's Co. , PO Box1886
Horsham PA 19044
http://wrightsco.com

113


ADVERTISE
TO
INTERNET MILLIONS

Only $19.95 for
54 Words or Less.
Expect Amazing Results.
DIRECTORY
POB 661
DALLAS, GA 30132
www.DomainWealthSites.com/9032.html


54


OWN YOUR OWN
'INFORMATION LIBRARY'!
Be the Prime Source & Keep All The Money!!

Be the Publisher of 14 professional,
quality booklets.
Learn, then resell for Big Profits!
Your own information selling business for
under $40.
Send stamp today for
FREE information to:
Earl Nott, Jr.
8 Fifth Ave.
Newburgh, NY 12550

33


Full Page Ads

!-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
0-A-Lawson.pdf
0-D-Baker.pdf
0-RL-Browning-Endless-Cash-System.pdf
0-S-DADA-The-Millionaires Club-Lotto-Tickets.pdf
00-A-Moore.pdf
00-E-Bynum.pdf
00-H-Clay.pdf
00-J-SMITH.pdf
00-JC-Patton-Mail-Lists.pdf
00-Monique's Mail.pdf
00-R-Peterson.pdf
00-c-vandergrift.pdf
00-j-skuse.pdf
00-m-bugarini.pdf
00-r-vandergrift.pdf
00-wrights.pdf
1-J-Hurley-Free-Money-Making-Downline-for-Life.pdf
1-M-Golden-Make-Money-Simple-Cash-Payment-Plan.pdf
1-R-Bacha-The- Perpetual-Wheel-of-Fortune.pdf
2-D-Foley.pdf
20-J-Hurley.pdf
20-JCPatton-Mail-Lists.pdf
20-Robert-Peterson.pdf
20-T-E-Abraham-The-Wealth-Union.pdf
3-D-R-Deegan-Cash-Retirementt-Plan.pdf
3-J-Hurley-Time-Freedom-Rings.pdf
5-L-Valentine.pdf
5-L-Valentine2.pdf
5-S-Ford-The-Largest-Permanent-Matrix.pdf
5-T-Abraham-The-Wealth-Union.pdf
6-McCray.pdf
7-D&A-enterprises-P&M.pdf
7-D-Deegan.pdf
8-180-Niche-package-offer-THE DOUGLAS MILLIKEN COMPANY.pdf
8-CR-Ellard.pdf
8-E-Molina.pdf
8-L-Valentine.pdf
99-JC-Patton-Opportunity-Seekers-Names.pdf
99-JC-Patton-Silver-Eagle_Pro.pdf
A-BRADLEY.pdf
D&A-enterprises.pdf
Gerard-Jeanty-1.pdf
Gerard-Jeanty-2.pdf
K-SCHECHTER.pdf
R-DEL-PILAR.pdf
Rabbi-Rev-Earl-Kelly.pdf
T-Johnson.pdf
Your-2016-ADSHEET-DIRECTORY1.pdf
sam-scruggs-21.pdf

Express Advertiser Magazine - COPYRIGHT - ALL RIGHTS RESERVED