10 Benefits of Buying a Franchise

Diposkan oleh Unknown

business
Jessica Ciniglio, an online website marketing coordinator Australian Franchises
Franchise Directory 11 Tips to write about 2011, the paper reveals the benefits gained from running a franchise business than to build your own business from scratch.





Here's my brief article with the headline above 10 Benefits of Buying a Franchise, good read :

1. Franchise has a higher likelihood of success than other business models.
Several studies have shown indications of success of the franchise will be 90% higher than 15% owned an indication of the success of other business models. The argument was caused by reasons which suggest that in the system, the franchise has been proven to work very well in the past and will work well for other franchisees.

2. The importance of a proven business model.

All franchises have a business model designed to generate high productivity and sales. This means that the franchise could be up and running quickly and save time of building systems and processes.

3. Franchise easier to gain access to financing.

Lenders are more confident to provide financing to franchises than any other business model, it's because the franchise has had a successful track record of evidence (a proven track record of success).

4. Franchisors (franchise giver) to provide support and marketing.

This most beautiful of owning a franchise business is that you are in business for yourself but you're not running your own business. Because the majority of the franchisor (franchisee)
provide great support to franchiseenya (franchisee). Support not only in building and setting up business at the beginning but it also helps you in all marketing activities and technical assistance needs of your business sustainable.

5. Buying a brand (brand) is strong.

Buying a franchise is buying authentic brands, logos and other intellectual property rights of the franchisor. This will be an excellent marketing tool if you buy a franchise with a brand known and trusted.

6. Exclusive boundaries.

Franchisors will only allow a number of franchises (franchise) only within a specific geographic area. Then you only need to specify the location is quite good and there are tough conditions before deciding to buy a franchise. And pull it again you will be protected in those areas where there should be no other franchisees who trades in your area.

7. Brotherhood between the franchisee (franchise)

One advantage that are rarely discussed in the franchise is a brotherhood between the franchisee. Actually this is a huge advantage because franchisees can share ideas and provide support between them. They can share the experience of trial & error to reduce their mistakes in running the business as a franchisee.

8. Franchisor provide real estate and construction assistance.

Franchisor will help choose the right location for real estate franchisee, in which this is a huge relief because the franchisor already has a very good experience in building a business before.

9. As a franchisee, you are given a training program.

The training program is one of the most important elements of the franchise package, where he gives you to use a new technology, learn a new skill, managing finances and staff. This capability is all very important for you as a business owner.

10. As a franchise you have the flexibility to get up early and chose a job that you want to do.

Being a franchisee gives you lots of freedom and flexibility to choose what job would you choose. In turn you will have a better quality of life, life without the pressures of new business start your own from scratch.