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FranChoice NEWS CENTER
1.
How to Evaluate a Franchise Training Program
Publication Date: December 22, 2008
If you are ready for a career change via franchising, the training a franchise offers is one of the most important areas you need to look at when researching a franchise opportunity.
2.
Advantages and Disadvantages of Franchising
Publication Date: December 18, 2008
To understand the advantages and disadvantages of owning a franchise business you need to have a basis for comparison. Other ways to realize your dreams through business ownership include buying a business opportunity and creating a business from the ground up. There are definite advantages and disadvantages to owing a franchise business over these other career or business ownership options but to know which path is right for you, you should first look at your motivations and qualifications for business ownership.
3.
Can I Qualify for a Franchise?
Publication Date: December 8, 2008
Although it may not be immediately evident, a franchise company is under no obligation to award a franchise to just anyone who can afford the franchise fee.
4.
Franchise System Failure - How to Avoid Buying a Franchise that Might Go Under
Publication Date: December 4, 2008
Statistics show that your chances for success as an entrepreneur are greater if you start your new business as a franchisee rather than opening a business all on your own. A study conducted by the Small Business Administration from 1978 to 1998 determined that only 38% of non-franchised businesses were still open at their six-year point. A similar study in 1999 by the United States Chamber of Commerce found that 86% of franchises opened within the previous five years were still under the same ownership and 97% of them were still open for business.
5.
How Much Money Can You Make as a Franchisee?
Publication Date: November 24, 2008
When investigating a franchise opportunity one of the most difficult pieces of information to get from the franchisor is how much money you might make. This may be frustrating because you are not going to invest in a business until you have a good idea of what you can earn. In most cases the franchisor is not being purposely difficult. The Federal Trade Commission (F.T.C.) and many states have stringent regulations as to how franchisors can provide this information to prospective franchisees. However, there are ways to get this essential information.
6.
Benefits of the Business to Business Franchise Model
Publication Date: November 18, 2008
For those comfortable with sales and relationship building, a business to business franchise may be the ideal opportunity for business ownership. As a B2B franchisee, you will provide needed services to other small businesses, saving them time and money. You’ll have the satisfaction of helping make your customers’ businesses a success while making a success of your own business. There are also advantages to being part of the B2B industry over retail businesses and the varieties of franchises in this area are vast.
7.
Seven Sure Steps to Choosing a Franchise
Publication Date: November 13, 2008
Franchising is a wonderful way to go into business for yourself. So many things have already been established for your benefit: branding, marketing, processes, products, systems, etc. Building a business through franchising has been so successful that franchised businesses generate jobs for more than 18 million Americans and account for 10 percent of the private-sector economic output, according to a study recently released by the International Franchise Association Educational Foundation.
8.
How Much Money Can You Make as a Franchisee?
Publication Date: June 26, 2008
When investigating a franchise opportunity one of the most difficult pieces of information to get from the franchisor is how much money you might make.
Note: FranChoice is not currently accepting inquiries from outside the USA or Canada.
Want more information?
Franchise.com is pleased to offer you a free consult, courtesy of our partner, FranChoice. Your FranChoice broker will help you evaluate and select the right franchise business in the United States. While franchise investments vary, you will need a minimum of $20,000 liquid capital (cash, securities, home-equity) AND a net worth of at least $100,000 to meet the investment parameters of most franchise companies.