Archive for November, 2006
Finding the Perfect Low-investment Franchise Opportunity
Low-cost franchises have become extremely popular! Potential franchisees are wise in knowing that if they choose a franchise opportunity wisely and start without a heavy investment, they can increase the potential return on their money.
Some franchises can be very expensive which requires a serious amount of lending finance for most people. Some do not like the major risk of putting …
Bringing in the customers
Franchisees owning a service franchise may find it quite tricky to market the service they provide. So if you are searching for the best ways to gain customers and build sales for your service business, here are a few important tips that will help you along the way.
Differentiate
Firstly, find a way to differentiate your service franchise. Analyze your competition and …
Effective and Inexpensive Ways to Promote your Homebased Franchise
Opening a franchise is exciting! You have followed the process well, everything is set up and now you need the customers to start calling. There will be times where money is tight and customers are low. Therefore, here are some ideas for obtaining more customers and get them flowing in.
Firstly, ask your previous satisfied and …
Warning to Franchise Owners
When wanting to launch a franchise, be excessively careful in whom you award a franchise to and manage the franchisees very well. If you do not, you risk weakening your brand and possible business failure. Let us explain.
In their haste to attract as many franchisees as possible, many franchisors go soft in the head and …
Baked not Fried
Yes, it seems the trend these days is baked goods and not fried! According to a report, the bakery products sector is the clear winner of the US fast food market.
Many bakery products fast food franchises have experienced phenomenal growth and popularity. These chains have experienced an achievement in units, transactions and value sales that …
Children’s Technology Workshop
Children’s Technology Workshop is a curriculum that empowers children to lifelong learning by having them embrace technology skills such as robotics, engineering, graphic design, video game design, animation and video production through facilitated play. Children gain knowledge and understanding of these 21st century skill sets by participating …
Next Generation Realty
Next Generation Realty is a full service real estate company offering real estate at an affordable price. Next Generation Realty bases their fees on the value of their services, not the value of the home. They operate on three basic principles: One low flat fee, paid at the closing …
What’s new in the franchise world?
Franchising has experienced phenomenal growth in the past couple of years and that’s rather exciting! There is also the emergence of previously non-franchised sectors that have now turned to franchising to grow their business, interesting acquisitions and alliances, and new multi-unit franchisees. However, there is also an increasing amount of challenges. Markets are changing rapidly, competition is intensifying in many …
The World of Franchising
You have heard of the word ‘franchise’ and you immediately think of Mac Donald’s and Pizza Hut. Significantly, franchising is a little more than that. Its time to get the whole story behind franchising.
Origins and history of franchising
Interestingly, the word ‘franchise’ is traced back to an old French term ‘francis’ meaning ‘privilege’ or ‘freedom’. In the middle ages, a franchise …
So You Have Signed the Franchise Contract. Now What?
You have taken the big leap and signed the contract. So now what? What should you do? What should the franchisor do? Well, all franchisors are different. In fact, they are as diverse in their approach to opening a franchise as they are in individual concepts.
Of course, it all depends on the franchise business you have signed up for. It …
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