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Many people dream about owning their own business, quitting their 9-5 job where they work for someone else, and becoming their own boss. A franchise, such as Graham Keer’s Healthy Catering Franchise, is an independently owned and operated retail business that is being backed by and marketed by a “parent company.” |
What are the advantages of buying a Franchise?
One of the biggest advantages of buying a Franchise is that the reputation of the company has already been proven to the public. There is already a sense of trust that has been built in the community that allows the individual operator of the Franchise branch to focus on perfecting the internal systems of their business, and not have to spend too much time and energy on marketing to build that trust. Moreover, the Franchisee knows that this product is marketable and valuable to the customer.
Another advantage of the franchise system is that it has in place a proven system of operation. The kinks have all been worked out before the buyer has even opened the door, enabling them to focus on building their branch.
Most Franchises care deeply about the success of their operators, and to ensure this they have in place great support systems for whenever something seems to be going wrong. If you think about it, these companies have spent decades building up trust and dependability within their communities, and they wouldn’t want to blow it, by having a branch fail. They have years of experience to share with their franchisees, and systems in place to help you in a bind. More so, the hassle of learning by trial and error, will be lifted from the franchisees shoulders, because often times they will have already been educated on what to do and not do with their business.
Are there any disadvantages of buying a Franchise?
There are a few disadvantages one being that sometimes it can be difficult to get approved for a new unit. If the company already has hundreds to thousands of branches in place, they may want to focus on perfecting these existing branches, than to invest in a new one. A solution to this problem is to buy an existing branch. This way the buyer can see the profits and how everything operates before they purchase, just make sure that you are not going to inherit somebody else problems.
Often times if the franchise is with a very large corporation, the rules of governing can be extremely numerous, to the point where it can feel like you are studying to get your PhD in “McDonaldism.” But this consideration should be minor, because ultimately those rules are in place to make your business a better one.
In the case of very large corporations, they can receive thousands of inquiries a month! You have two options:
1) Be incredibly aggressive to get your name in front of the decision makers
2) You could go with a smaller company
When you go with a smaller franchise like Graham Keer’s healthy catering franchise, you still have all of the advantages as you would have with the large ones, but with a few less of the disadvantages.
In any case, you will find a compassionate partner, such as Graham Keer healthy catering franchise, as the larger “Parent Company” will help you with your struggles and ultimately aid you in your success.
Edward Dean is an accomplished website developer and author. To learn more about Is a Franchise Right for You Now? visit My Free Franchises for current articles and discussions.
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Ninety-five percent of franchises succeed according to the U.S. Commerce Department. The success rate for independent businesses is only about 35 percent. If you want to run your own business without the risk of creating your own start-up you should learn how to start a franchise. |
When you start a franchise you buy the right to use the name of a parent company. There are literally hundreds to choose from. Most people buy groceries, fill prescriptions and go out to dinner without ever entering an independent business.
Here is a five-step guide to teach you how to start a franchise.
1. Organize your priorities. Because there are so many franchises to choose from it is important that you know what kind of business you would like to run. Understand the work environment you work best in and what type of business best fits your lifestyle. For example, a restaurant might be a great franchise for you if you like customer service.
2. Research. There are many venues you can use to get more information about individual franchises. The internet is a great resource. If you are willing to spend the extra money, you can also hire a franchising consultant.
3. Contact the franchise you would like to buy. The Franchiser will give you material explaining the specifics of that particular franchise. This is a tricky step because the franchiser is trying to learn about you at the same time you are learning about it. The franchiser wants to make sure that you are the right person to manage its business.
4. Get an attorney. A franchise attorney specializes in reviewing franchise contracts, understanding state statues related to Franchising and limiting your liability. Your lawyer should be a member of the ABA forum on franchising. This organization keeps up with the latest in franchise law.
5. Sign the franchise agreement. This document outlines your responsibilities in running the franchise and the parent company’s responsibilities in helping you do so. It will lay out the initial franchise fee, advertising fees and royalty fees. It will also explain the terms of the restrictive covenant – the agreement that prohibits franchise owners from owning any competing franchises. Your lawyer should review the franchise agreement.
Now that you know the basics of how to start a franchise there are a couple of additional points you should keep in mind. Remember that it is difficult to transfer ownership of a franchise. Your contract may restrict or prohibit your re-sale of the franchise. Your parent company must approve any sale you make.
Further, remember that by buying a franchise you sacrifice an element of freedom in exchange for the security of instant name recognition. The added security is well worth the sacrifice. Your parent company will provide training, guidance and resources, cutting down on beginners’ mistakes. It also organizes promotion and advertisement so you can focus on your passion – running the business.
JD Files is an accomplished website developer and author. To learn more about How to start a franchise 101 visit My Free Franchises for current articles and discussions.
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You have a great idea for a business, you’re going to babysit dogs for people who work all day and don’t want to leave their best friend at home alone. GREAT! Now what? |
Here are a few tips that will work with any business, but you will find equally helpful in how to start a Doggy Day Care Business.
As with any new business idea there are a few decisions you have to make first.
1. Evaluate the competition. Is there anyone else in your area doing this business? If there is, what can you do better than them? Investigate; learn everything you can about your competition. See what services they do and do not offer.
2. Start your own business or buy a franchise? There are a lot of benefits to buying a readymade franchise. A franchise will give you a business plan, a name, a marketing plan and an idea of how to make your new business work. There are a number of different franchises that you can purchase and each is slightly different n their approach. Do some research and determine which one suits your personality.
3. Store front or home based business. Both have benefits. If you chose a store front you will have the benefit of walk-in and lots of exposure to new customers. A home based business afford you the luxury of staying at home if you have kids, and of course your own pets. You can also write off a portion of your mortgage on your income taxes as a business expense.
4. You really need to enjoy people and dogs! Many business owners don’t really like to deal with people. If you are one of these people I would suggest you find a job where you are alone, because working with the public requires you to be happy and up all the time. You’ll need to be selling your business at the grocery store, at the PTA meeting and of course while you’re at work. More importantly, you really need to ask yourself if you like dogs. You may laugh, but you really have to ask yourself this question. If you think a doggy day care seems like it’s a good money maker, but you don’t really like dogs then this is not the business for you.
5. This is the most important part of starting any business. Ignore the doubters! There will be those folks who tell you the idea is the dumbest thing they have ever heard. Ignore them! In fact, don’t tell anyone except your most trusted friends, until you have the doors open and you’re making money.
You now know how to start a doggy day care, but remember these few other hints. Network with other business owners and build alliances. Other business owners will recommend you to their customers. Get involved in your community; people buy services from people they trust.
JD Files is an accomplished website developer and author. To learn more about How to start a Doggy Day Care visit My Free Franchises for current articles and discussions.
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The cleaning authority franchise is one of the most successful business ventures that any entrepreneur should seriously consider. The franchise is backed by over 30 years of solid experience in the cleaning industry. |
Since its inception, the popularity of the franchise has exploded. In 19 years the cleaning authority has set its mark on every corner of the United States. Still, it is not just another franchise. It is different because each partner gets prime protected territories which ensure that the new business owners get enough opportunity to market and expand.
The Best Marketing Plan
When it comes to locality, a cleaning authority franchise ensures that its partners get the best available choice. The marketing strategies and initial advertisement support provided by the company are second to none. The company has set up a direct mail program that allows the new business operators to get the marketing done for them. The cleaning authority markets its products in the franchise area by mail, to the targeted customer. The business owner focuses on serving the customers as the marketing is primarily handled by the company. The new business owners will just have to take the phone inquiries and schedule an appointment, for a cost estimate. This is not it! Apart from the marketing plan, cleaning authority also helps its franchise in various other promotional campaigns.
Your Own Manager
The cleaning authority franchise is at the fore-front of the technology. It has created one of its kind detail clean rotation system software that is directly handled by the management of the franchise and the cleaning authority, itself. The software acts as the manager and helps the new business owners by telling the cleaners what should they do in a particular situation, what are the needs of that customer and how to handle the task? The software helps save time delivers a quality customer service and is user-friendly.
Training Program
The training program at the cleaning authority for its franchise exceeds the commercial cleaning standards. The training itself is very intensive but rewarding. Franchise owners are guided through every step of the cleaning process. They are provided an estimate of the labor force and any costs associated with starting such a business. During the program, the new owner gets an overview of the business in their area of operations. They get practical hands-on experience from cleaning to the management of the computer systems to hiring of the staff.
Organization
Every franchisee is provided a dedicated software program that not only helps them schedule appointments but also keeps track of their daily tasks and the cleaning teams. The software helps maintain a check and balance on the needs of the business. It acts as a payroll center for all the employees. Cleaners can check in and out through the integrated attendance system. It also allows them to track their cleaning teams. When the owners are away, the in-house call center provides additional help. The automated software provides multiple options for the callers and can answer most inquiries.
Whatever your choice, rest assured that a cleaning authority franchise may just be the ultimate business opportunity that you always dreamed off. What set it apart from its competitor are a dedicated human support and a far superior technological framework. In conclusion remember, franchising is the best kept secret of the 21st Century!
JD Files is an accomplished website developer and author. To learn more about Cleaning Authority Franchise visit My Free Franchises for current articles and discussions.
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