bharatbhasha.com
Free Articles  >>  Business And Finance >>  Page 3281  >> 

Buying a Franchise Some Advantages to Purchasing





There are many advantages to Franchising. When you buy into a trusted name, take on its fame and programs, you can be sure to have a business that people will recognize quicker than a start-up mom and pop-type business. In fact, it's one of the most common business expansion tools. Not only this, but entering into Franchising is like entering into a family: there are other people there who will help you with everything from day-to-day operations of your business to buying your business's equipment at the lowest price possible.

One of the biggest advantages of Franchising is the draw of the brand name. People recognize brand names, and because of this, the name of a business is worth quite a bit. People come to trust names they see again and again because they associate this frequency with quality and consistency. Soon, people become loyal to certain brand names. Franchising helps develop a brand name's worth by upping the number of businesses popping up around the world.

Buying into a franchise is smart because it will make dealing with banks easier. A bank is more likely to give you money if they know you're investing in something that has found success before. Additionally, if people know the name of the franchise, it will make it easier to attract customers to your establishment.

Another great plus to Franchising is that a person doesn't have to market their business or learn how to do such things as accounting or distribution: The business's model is already firmly in place. Many statistics say that as many as 90% of new businesses fail in the first few years because it's hard to get the business generating funds while learning the ropes of what works and what doesn't work. A franchise's model is proven - it's why people what to buy into the business - and it makes it easier to keep your business afloat. Once you're in charge of a franchise, you'll have a manual that explains the business's ins and outs and will make day-to-day operations easy as pie.

When it comes to a franchise, it's easier to buy your equipment and materials because people know the name. The other folk involved in the franchise system will be a great support system when it comes to buying materials. Additionally, one of the biggest advantages of Franchising is that you don't have to spend as much on marketing and publicity: the more franchises there are, the more publicity you'll receive. The sheer number of businesses helps establish a brand's credibility.

Ultimately, there's less risk involved with opening a franchise, and this is perhaps Franchising greatest advantage. Though the cost may be high to buy into a well-respected name, the possible rewards are much higher. As always you need to ensure your research is done in a manner which means you have all the facts in place, doing your due diligence will ensure that not only the franchise is right for you but that it is one that is going to be value for money too.
About Author Matthew Franchise Anderson :

Matthew Anderson is the Head of Advertising for the online franchise portal, <a href="http://www.the-franchise-shop.com/" target="_blank">http://www.the-franchise-shop.com/</a> The franchise shop is the UK's largest portal of franchises for sale and franchise information


Article Source: https://www.bharatbhasha.com
Article Url: https://www.bharatbhasha.com/finance-and-business.php/130658


Article Added on Wednesday, April 29, 2009
LD
Other Articles by Matthew Franchise Anderson

New Franchises
Buying a franchise is not a simple process, although of course you could always take 30 thousand pounds and buy almost any franchise you want but this would not be a good idea. The steps involved include ensuring that not only is the franchise a good opportunity but that it is also the right opportunity for you and vice versa. When buying a franchise cost is always an issue, so is value for money, which is why there are benefits to buying new franchises in their first year or 2 of...

Can a Low Cost Franchise be a Good Investment
When buying a low cost franchise there can be many reasons for why the franchise is low cost and in this article I am going to detail why they may be so and what to watch our for with some low cost franchises. Firstly though, what do i mean by a low cost franchise? Many franchises cost 50,000 upwards, some coming in at several hundred thousand pounds. A low cost franchise is generally anything under the 15 thousand pound mark and is close to an investment level that everyone can afford. What...

Buy UK Business Franchises Vs Start Your Own Business
When considering buying a mobile business franchise, there are certain fees involved. The method of calculating associated costs or fees can vary. Franchise fees can be a major expense and should be carefully considered to the expected return on investment. This articles looks at some of the popular mobile business franchises and the method of calculating fees. Types of Mobile Business Franchises Mobile service businesses are becoming more popular because consumers like the convenience that...

Factors to Consider When Buying a Franchise
when buying a franchise there are several factors you need to take into consideration before going ahead with your purchase. To ensure that the franchise is not only suited to you, your interests and your experiences and to ensure that the franchise is a viable opportunity capable of living up to the promises stated in the promotional materials and the franchise interview process. Factors to take into consideration Firstly you want to ensure that the franchise you are looking to buy into is...

Where Do You Get Franchise Information
The more I look into the Franchise Industry, the more it is apparent that most Information is geared around selling franchises. The Business Franchise is exactly that - big business. If you do a search on Google on 'franchise' or 'franchise information' then you are likely to be presented with thousands of pages of franchise advertisers, franchise consultants, franchise marketplace websites and possible a franchise association. I have been seriously researching the industry for a number of...

New Franchise Opportunities
New franchise opportunities in the UK are coming available on a weekly basis, with the explosion of franchise consultants on the market franchising your business has never been easier. But what make a good business to franchise and what makes a good franchise to buy into? Firstly it has to have a proven business model and this is where many franchises fail their franchisees. I call them Made To Franchise businesses and these are there to take the franchise fee + a monthly % of profits or a...

Steps to Buying Courier Franchises
The purchase of a courier franchise business is different from the purchase of an independent business. As a franchisee you will be party to a long-term relationship with your courier franchisor and you will agree to run the business in accordance with the franchisor’s system. Buying courier franchises has the advantages of offering many benefits, such as: A uniform, consistent business that often relies on a successful formula Support from the franchisor in respect of knowledge relating to...

A Franchise Can be For Everyone
Long gone are the days where buying into a franchise opportunity is going to cost you upwards of 50,000 to 500,000 pounds, with new technologies and communications being at it's optimum we can now all have the opportunity to work from home without the need for expensive offices or shop fronts. Such franchise opportunities as a business vending franchise or a business training franchises or an internet based franchise have become widespread and many of these can cost from 4,000 to 15,000 pounds,...

Franchise Advantages
When looking at buying a franchise you need to be able to evaluate the franchise on offer and your own skills and likes. Being able to pick the right franchise for you is the first step to ensuring a long term business that provides stability to you and your family. Analysing the franchise package you should be looking at: Training – The franchisee is given the necessary training to start his business and eventually run it smoothly. The franchisee as well as his employees are taught all the...

Making the Right Choice When Buying a Sports Franchise
Many people who have had either a sports career or lifetime sports hobby find that once they have hit their thirties the career options available to them are rapidly expanding from being an active sports person to coaching, training and teaching. As such there are 3 main options available. 1. Find employment within the sports industry. 2. Starting a standalone sports based business. 3. Buying a sports franchise. Of the above it is not always easy to find employment with a substantial enough...

Click here to see More Articles by Matthew Franchise Anderson
Publishers / Webmasters
Article ID: 130658
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:


165 Users Online!!
Related Articles:
Latest Articles:
 
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts
Aging


Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of bharatbhasha.com and/or its owners.


Copyright © AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Cheap Linux Server Hosting Provided By AwareIndia







Company IDS