Franchise companies are becoming increasingly popular with entrepreneurs looking for a small business franchising opportunity that they can own and operate with little prep work. While most business franchises for sale share similar business models, there are vast differences in small business franchising opportunities and investment requirements.
In the fast-paced small business franchising industry, it's critical that you keep up with the news to stay a step ahead of your competitors. Whether you're an established franchisee or you're planning to start a franchise, you should follow the industry developments closely.
There are many benefits with buying into a small business franchise. Franchises provide the power of a recognized brand, proven advertising techniques, purchasing information, employee training programs, technology, and quality assurance.
Franchising.com has an extensive listing of available small business franchise opportunities. From ATM franchises to vending franchises, visit today for more ...
Top 10 franchises of 2014 from Entrepreneur's Franchise 500 list. ... started for less than $50,000 -- are just part of the reason for these businesses' popularity.
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The question has to be... buy into a franchise or start my own from scratch? I have TWO small businesses of my own and of my own making. A franchise is great if ...
America's worldwide economic success has been built on small business owners and entrepreneurs. Franchising has been part of the blueprint for America's ...
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So, where to start? Franchise opportunity listings are the ideal spot to begin your research. In reviewing them, be sure to consider:
Small business franchises allow entrepreneurs to start businesses based on proven business models with brand names. Buying a franchise from a large corporation, such as McDonald's, allows you to leverage a well-known brand name and the purchasing power of the parent company.
A single-unit franchise is the easiest way for a new entrepreneur to get a start in the franchising business. The franchisee is only responsible for one store. Multi-unit franchises allow the owner to open more than one store. You also have the option of purchasing an existing franchise.
Small business franchises have many benefits, including the selling power of a recognized brand and employee training programs that minimize the risks involved with operating a business. However, if you start a business, your reputation will be tied to the parent company, so your business can suffer from any bad press it receives. In addition, you must operate your business under the rules established by the franchisor.
There are a variety of costs involved when you own a franchise. You must make an initial investment or pay a start-up fee upfront to buy the rights to use the company's name. In addition, you will likely be required to pay an annual royalty fee to retain this right.
Click the links on this Business.com page for more information about small business franchises.