Franchise Article Category

 

Franchise Articles

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Many people dream of being an entrepreneur. By purchasing a franchise, you often can sell goods and services that have instant name recognition, and you can obtain training and ongoing support to help you succeed. But be cautious. Like any investment, purchasing a franchise is not a guarantee of success.
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How many times have you gone into work on Monday morning dreading the week ahead of you? Meetings, appointments, deadlines, and employees of your company are just some of the challenges in your everyday work life.
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Statistics on franchising are astounding for the period 2005-2006 in the US there were approximately 1500 brands franchised with more than 767483 outlets with a turnover of USD62460 billion.
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Buying your own franchise is one way to break into the entrepreneurial ranks and become your own boss. Buying a franchise can be more expensive than starting a business "from scratch" but the success rate of franchises is generally higher than for startups as you are investing in a product with a proven track record and the franchisor generally provides training, marketing, support and other services to the franchisee.
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Did you know that 97 per cent of all franchises opened during the past 5 years are still open? Compare that to the fact that less than 50 per cent of non-franchised businesses are still open after the same timeframe. Why are franchises so successful?
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The initial film, Star Wars, was predicted to be a flop, so no merchandise was created to debut with the film's release. As you can probably imagine, the Star Wars toy and merchandise franchise has grown considerably since the Christmas of 1977.
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Franchise Entrepreneurs are business entrepreneurs utilizing already proven methods and systems for which they pay an initial fee. This article is part of a series of three articles in which we discuss Expat Entrepreneurs, Freelance Entrepreneurs and Franchise Entrepreneurs.
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Purchasing a franchise is one of the best ways to start a business. It can definitely jumpstart your career as an entrepreneur. A franchise might as well be referred to as an "instant business". If you are in Australia, there are a number of Australian franchise opportunities that you can check out for yourself.
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The chances are you made the decision to take on a franchise because you wanted to enjoy what you are doing more than you were previously. Yes, it does require hard work, commitment, determination and business, go out, enjoy overcoming the challenges and above all don't lose your sense of humor.
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Anyone who has carpeting in their home, at one time or another, wants it cleaned. Especially people who have pets or kids, stained carpeting is almost inevitable. That's why a carpet cleaning business will always have a steady stream of customers. However, there's so much competition in the carpet cleaning industry that, unless you have a lot of people waiting for you to open your doors, chances are, people are going to go with a name they know instead of your recently opened carpet cleaning business.
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