Franchisees need to dismiss the notion that royalty fees are an extra payment coming out of their pocket; they are a part of the process of partaking in the franchise system. It should be looked upon as the Franchisors share in profits derived from the consumer. The Franchisee gathers the royalty fee sum from the consumer along with the rest of the funds that keep the whole enterprise going.
Working From Home Doesn’t Always Work
Working at home is supposed to be the way forward, reducing fuel pollution and avoiding the traffic jams. We can sit in our home office, drinking lots of tea & listening to music while we work without interruptions.
Which Business Will They Franchise Next?
Almost every business that you can think of has been franchised. Now, new opportunities are opening up for the franchise industry with the advent of new technology.
Which Is The Best Franchise Business?
There are many franchise opportunities in the market and the most common question I get asked is “which is the best franchise business?” My answer usually is “It depends on your personal skills and lifestyle.”
Why Do Some Franchise Businesses Struggle And Fail?
Most Franchise Businesses are successful but invariably like any other business some do fail. Why do they fail? Most franchisors fail primarily because they took the route of franchising their business without proper planning and preparation.
Why Do Some Franchise Owners Fail?
Buying a franchise business is supposed to be the least risk way to start a business. But is owning a franchise guaranteed to make you money? Not necessarily the truth is that some business franchises are extremely hard work especially in the fast food industry.
Why Franchise Your Business
Can you franchise your business? Is franchising the right route to take for your business? As rents and rates rise in the main shopping areas & supermarkets take a greater share of consumer spending what are the advantages and disadvantages of franchising your business.
What Does A Franchise Consultant Do?
What does a franchise consultant do? In general terms they can take your franchise concept from idea stage to full blown market penetration. They advise you on creating your operations manual, brochures, franchise agreements and help you to market your franchises.
Unusual Franchise Opportunities – Funny Business
The most unusual franchise opportunity that I have come across specialises in cleaning mattresses! They have turned this business into an art form. The way I clean my mattresses is by taking them out on a cold day and hitting them with a hard brush. The brush dislodges all the loose material whilst the cold kills any bed bugs.
Top 10 Low Cost Business Franchises
Starting a business often means making large capital investments, especially in the very beginning. In fact, many financial advisors recommend that you plan on losing some money as you get started. However, before you dismiss yourself as not having enough money to get going, keep in mind that not all ventures are so financially draining. What so many aspiring businessmen and women do not know is that franchising dramatically reduces the financial risks associated with buildin…
To Buy A Franchise Business?
It is a well known fact that as the population increases then the number of people wanting to go into business increases obvious but true.
The Pros & Cons Of Working From Home
The advantages of working from home are numerous and the benefits are plenty. You get freedom, work life balance and the ability to take care of your spouse & family. It is also better from an environmental point of view: