eZine Success 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
eZine Success Magazine

Home Business Guide To Finding Your Own Online Business
Because tens of thousands of people all across the world want to know how they can work at home and earn enough money to run a household, there is a special need for this report. Today the need for women to work out of the home is stronger than...
...Read More

Tax advantages of a homebased business
Copyright 2004 by Windy Dawn Marketing and Windy Windblad. This article may be freely copied and used on other web sites only if it is copied complete with all links and text intact and unchanged except for minor improvements such as misspellings...
...Read More

 

Visit Our Advertisers -
They help keep this service FREE!

NEW Ads every day in
eZine Success Magazine

Current Issue of 02/19/2017

BECOME A MILLIONAIRE IN SIX MONTHS!

5000 Flyers Mailed On All 3-Levels. Receive $200 Money Orders In All 3-Levels, A Free 24/7 Website.
Join Us Now!
www.millionairespay.com/LS327.htm

156


EARN $1,000 A DAY

NEW and RESPONSIVE PROGRAM. Low Cost!
INNOVATIVE, GREATEST INCOME EVER.
Reply today.
Send Two Dollars for Info, shipping and handling to:
R.Logan
PO Box 311096
Jamaica, NY 11431

56


The Opportunity to own more books than many Small Town Libraries!

40,000 + eBooks!
http://mailbiz.com/mailbiz /mailorder/1pdf/Bozi1.pdf

47


BUY NOW! - SAVE $$$$$
YOUR 2 -1" C/R ADS IN

O'Blenis Advertiser 10,000 Circ
Concourse West 5,000 Circ
Concourse West Advertiser
1,000 Circulation
Just $18.00(Reg $24.00)
FREE Checking Copy
$$$$$$$$$$$$$$$
EDWARD O'BLENIS
POB 524164/Stadium
Bronx,NY 10452-1291

59


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


NAME BRAND PRODUCTS AT LOW PRICES!

Leather Goods, Electronics, Home Decor,
Gift Items, Video Game Consoles, Clothing,
Automotive, Security Devices, Cookware,
Tools, Cameras, Purses, Ipad 2, Ipods,
Plus Much More.
Browse At:
www.garfieldenterprises.com
LAWRENCE GARFIELD
1-773-668-9483

21


ATTENTION READERS

We have 10 Family Programs, a Program For Every Family Member, For Their Health And Financial Needs. Please send $10 Dollars To:
JAMES PHILLIPS
PO BOX 1006,
ALBANY,OR 97321
FROM OREGON -THE PACIFIC WONDERLAND STATE.

120


SILVER EAGLE PRO

Over $10,000 A Month-Plus
An endless supply of
valuable American silver & gold coins. Financial freedom at last!
ilovemailorder.com/silvereaglepro.htm
ilovemailorder.com/silvereaglepro.pdf

138


CUT MORTGAGE PAYMENTS IN HALF!

www.themtgmanager.org/aff/8203 - Leroy Taggart
www.themortgagemanager.biz/8203-Leroy Taggart
www.themortgagemanager.biz/backoffice

87




75


Full Page Ads

!-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
0-S-DADA-The-Millionaires Club-Lotto-Tickets.pdf
1-J-Hurley-Free-Money-Making-Downline-for-Life.pdf
1-JC-Patton-Opportunity-Seekers-Names.pdf
1-JC-Patton-Silver-Eagle_Pro.pdf
1-M-Golden-Make-Money-Simple-Cash-Payment-Plan.pdf
1-Monique's Mail.pdf
1-R-Bacha-The- Perpetual-Wheel-of-Fortune.pdf
2-D-Foley.pdf
20-J-Hurley.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
A-BRADLEY.pdf
A-C-Thornton-American-Cash-All.pdf
A-C-Thornton-American-Cash.pdf
A-C-Thornton-Can-You-Become-A-Millionaire.pdf
A-C-Thornton-Gold-Rush.pdf
A-C-Thornton-National-Indepndent- Retirement-Fund.pdf
A-C-Thornton-Play-Lottery-Free.pdf
A-C-Thornton-Simple-Millionaire.pdf
A-C-Thornton-The-MEDUSA-Doctrine.pdf
A-C-Thornton-Wanted-Money-Trees-Millionaires.pdf
A_DIRECT_MARKETERS_DREAM-J-C-PATTON.pdf
CalvinChamberlain-PnM-Super.pdf
Charles-walker.pdf
Cheever.pdf
Clark1-2.pdf
D&A-enterprises.pdf
Dan-Mcarty-1.pdf
Dan-Mcarty-2.pdf
Dan-Mcarty-3.pdf
David-Carson.pdf
Domino Design.pdf
Domino Design2.pdf
Donald-Brown.pdf
Douglas1.pdf
E-Griffin.pdf
Express_Firts_Class_Mail.pdf
Family-wealth.pdf
Forrest-curd.pdf
G-Jeanty-FREE-Gas1.pdf
GIFTINGS.pdf
Gerard-Jeanty-1.pdf
Gerard-Jeanty-2.pdf
Gerard-Jeanty-Progressive- Income-Generator.pdf
GerardJeanty-The-Mailbox-Magic.pdf
HAROLD-BOSI-10W.pdf
HAROLD-BOSI.pdf
Hayward.pdf
J-Hurley-2.pdf
J-Hurley.pdf
J-Nyberg.pdf
JCLockwood-good-news.pdf
JCPATTON-7-15.pdf
JCPatton-Gifting_from_the_Heart.pdf
JCPatton-Platinum_Payout.pdf
JCPatton-Silver-Eagle-Express-2pg.pdf
JCPatton3.pdf
JCPatton4-2pg.pdf
JPomaski.pdf
Jshort-1.pdf
Jshort.pdf
K-LEAVEY-Stretch- Your-Advertising-Budget.pdf
K-SCHECHTER.pdf
K-simms.pdf
Leroy-taggart.pdf
LiamOShea-1.pdf
LiamOShea-2.pdf
LiamOShea-3.pdf
LiamOShea-4.pdf
LiamOShea-5.pdf
LiamOShea-6.pdf
Lisa-Stabs.pdf
M-Douglas.pdf
Marion-Hair.pdf
McCray1.pdf
MikeWasnich.pdf
Morris-Muehlstein.pdf
NEED-EXTRA-MONEY-T-Hughs.pdf
NoraLee-1.pdf
NoraLee-2.pdf
R-DEL-PILAR.pdf
R-cutts.pdf
R-logan.pdf
R-logan2.pdf
Rabbi-Rev-Earl-Kelly.pdf
Rasheedah-Khan-1.pdf
Rasheedah-Khan-2.pdf
Rasheedah-Khan-3.pdf
Rasheedah-Khan-4.pdf
RevWPowell.pdf
Rosemary-Logan- How-to-get-1-million-people- to-send-you-$10-cash.pdf
Rosemary-Logan-OUR-SUCCESS-STORY.pdf
RosemaryLoganHomeIncome-Mag.pdf
RosemaryLoganOpp-Mag.pdf
RusselBouyea.pdf
Steve-Ford.pdf
T-Hughs.pdf
T-Johnson.pdf
T-Minott.pdf
V-Bozeman.pdf
W-McClease.pdf
W-McClease2.pdf
W-McClease3.pdf
Your-2016-ADSHEET-DIRECTORY1.pdf
gjohnson.pdf

eZine Success Magazine

eZine Success Magazine - COPYRIGHT - ALL RIGHTS RESERVED