franchise

For those that want to own their own business, a franchise business offers many advantages. The main advantage is that there is a system already in place.

However, there is no guarantee that you will be successful. There are certainly enough horror stories going around of franchise owners who have lost money in various franchise ventures.

One thing you should make sure of is that you have the right type of personality for franchising. You will need to be a rule follower, not a rule maker. Also, if you are thinking about investing in a franchise of your own, realize that you probably won’t be making money immediately. If you go into a franchise with a long-term focus, as opposed to receiving instant monetary gratification, it could be a terrific fit for you.

As more and more people tire of the corporate shuffle, interest in the franchise business model will increase, along with business ownership in general.

by Joel Libava Are you a writer, passionate about this or any other topic? Join Blogcritics!

Original Technorati articles tagged “franchise”

• in Small Business
  Bach to Rock: A Prodigy Amongst Children's Franchises
  Getting behind the music with Ralph Rillion of the Bach to Rock Franchise.
  by amjones87 / on Nov 16, 2011
• in Small Business
  A Heart For Service: Interview with Bob Wright, COO of Charley's Grilled Subs
  Bob Wright, COO of Charley's Grilled Subs, has been in the franchise industry for over 20 years. Hear what you need to become a successful Charley's franchisee, what makes him tick and how he got his start.
  by amjones87 / on Nov 1, 2011
• in Travel
  The Franchise Hotel Website Dilemma - Don't Leave it to Corporate
  Why hoteliers who own big-name franchises need their own website instead of relying on corporate.
  by bmdennis / on Jun 21, 2011

Latest blogosphere posts tagged “franchise”

 

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• FDD Talk 2013: Average Net Sales and Selected Expenses for Affiliate-Owned SweetFrog Shops (2013 FDD)

  
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• Is it possible to ask a corporate company or franchise to sponsor a study abroad program?

  
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• FDD Talk 2013: Average Gross Sales and Profit and Loss Information for Menchie’s (2013 FDD)

  
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• Franchise Costs 2013: Detailed Estimates of Planet Fitness Franchise Costs (2013 FDD)

  
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  — Authority:
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• Islanders not fazed staring down elimination vs. Pens in Game 6 (Puck Daddy)

  
  The Drive for Five :: A New York Islanders Blog — Authority: 165
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• How Franchisors Should – And Shouldn’t – Respond to Internet Criticism

  
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