Why Should You Consider A Franchise
There are many individuals who want to be their own boss. They see no long range security in working for someone else, and feel that their potential income will always be limited as an employee.
Franchising offers an opportunity to break free & own your own business whilst at the same time minimising the risk that is inherent in opening an entirely new business from scratch.
Franchising allows you to follow a tried and tested business system which will greatly improve your chances of success, as the statistics prove.
Franchising enables you to become involved as part of a company that has established a tried and tested system and has achieved some market share and name awareness. When starting a business as a self employed person you will make mistakes which can be costly if not catastropic.
An established franchise will have ironed out those problems. They will have a written system contained within the franchise manuals as to how operate the business so as to achieve maximum sales and profitability from day one. It is effectively the name awareness and the system that you are paying for.
One of the most important aspects of becoming a franchisee is that help is on hand at every stage. The Franchisor will provide initial training, launch and marketing support and day to day help. The fact that as a franchisee you are in business for yourself but not by yourself is a major factor in the improved success rate that is associated with franchising.
If you decide to buy a franchise, do not relax and wait for the Franchisor to do all the work, that simply won't happen. Franchising can provide a structure and a proven system but it is still your hard work and effort that will be decisive in making it work.
It is important to remember that having purchased a franchise you need to be prepared to follow the system as set out in the manual. It represents the result of the franchisors experience and best practice.
posted by Hayling Yacht Company @ 11:51 pm
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