Archive for Franchise Business – Page 2

Franchise Shows—The Entrepreneurial Kid in the Candy Store

kid in franchise candy storeFranchise shows themselves may not offer quite the same experience as being a kid in a candy store, but they’re sure to make anyone interested in the world of franchising feel like one! With seminars, the chance to meet other entrepreneurs, and the opportunity to connect with literally hundreds of franchise opportunities, these exhibitions are really like being the only kid in the candy store. On Christmas Eve. With a $100 dollar bill.

 

If you’ve never been to one before, take a look at some of the classes and symposia offered at this type of event:

The EBay Franchise: Is it for Real?

No question, eBay franchises became the next “hot new thing” in 2005, attracting the attention of Entrepreneur magazine and hundreds of eager new eBay franchise owners.

ebayHowever, the dream does not always live up to the reality.

The eBay drop-off stores suffer from a number of potentially serious drawbacks. For example, eBay sellers frequently charge a high set-up fee and royalties off the top of sales volume whether or not the franchise is making a profit.

 

 

Franchised—The Entrepreneur’s Assembly Line

assembly line franchiseYou have an established business based on great ideas and solid products or services—is it time you become franchised?

 

 

 

 

A franchised business offers you several advantages over adding and managing new outlets yourself:

  • You can expand without expending nearly as much of your own capital.
  • They save you the time and costs involved in finding a location, training all of the employees, and closely overseeing the operations of multiple locations yourself.
  • You keep your risks low since franchisees invest the money to start new locations; your investment is limited to the necessary support to help the business grow.

The Best Franchise Opportunity is What’s Right For You

As you ponder over the many options, you may wonder which is the best franchise opportunity for you. Of course, becoming a franchise owner isn’t limited to picking the fast-food industry. A small sample of the types of businesses chosen by Entrepreneur.com in 2010 include convenience stores, educational/tutoring businesses, and commercial cleaning. Initial investments are all over the map as well, with some requiring far less than $50,000 to start.franchise opportunities

How do you choose the right one for you? Use the following 7 tips to help you serve your future. These tips come from About.com Franchises Guide Don Daszkowski and USA Today’s Franchise Ownership Center.

Franchise Business Advisors—Wolves in Sheep’s Clothing?

There’s a large number of franchise business advisors out there claiming to be able to help entrepreneurs get started. How can you figure out whether the service of a franchise business advisor will help you?frusturated business advisor

One thing to note for franchise business advisors, is that the laws and regulations covering the specifics of training, requirements for the services they offer and conflict of interest rules specifying what kind of clients they can serve, are all very scarce and vague.