Tuesday 26 March 2019

Why a Franchise is Better Than Being a Business Holder



Our country serves as a land of opportunity for each and every people residing here. If your dream is to become the Business owner there are several ways available to achieve it. One can start their own business from scratch by cultivating any new idea he is having in his mind or choose from various franchises and business opportunities available.
I believe that Franchise is one of the best ways to start your own business as they are having their own proven business model that would surely achieve success under your management and guidance. I believe that franchising is one of the best ways to start your own business as it avoids many hardships and struggles that startup businesses tend to have. Below are major advantages which state why franchising is better than to have your own business.

1.    Common Brand Name and Operating System

The most vital feature which distinguishes Franchise from the business is its Brand recognition. All the Franchisees operate under a common Brand name. Customers get flooded to your store just because the store is having a recognized and well-known Brand name associated with it. A franchise system makes every effort to ensure that each operator is doing things the same and every unit is supporting and reinforcing the brand.

2.    Stable Foundation

Franchisees have an existing strong business foundation which influences people to join their franchise. Not only their Brand name but there marketing, Future Plans, Strong Customer base and almost everything which small business owners need to establish as well existing in the franchise. They also state you there ROI which ensures that in how many months/years you would and how much you would be getting.



3.    Ongoing Training & Support 

A franchise commits to support your store during the tenure of your business. At the time of starting up your own franchise store, they train your staff and assist you in the sales and marketing tactics too.

4.    Cost

Franchise business is basically a onetime investment with a lower investment cost. As one needs to pay the Franchisee fees with the investment money and your business is ready to start.

5.    Legal Disclosures

In a franchise business legal requirements are very rigid and revolve around a document called the Uniform Franchise Offering Circular (UFOC). This document contains all information about the company as well as the opportunity being offered to their investors. It also includes all rules and restrictions related to the business operation and financial statements of the franchise company.
Thus it is advised to invest your money in the franchise business if you want to earn money and wants a good return on your investment fast.
Frantastic is that platform where you would get franchise opportunities to choose from 500+ brands to start up business.


49 comments:

  1. I Appreciate your work .This information would definitely help to some one who is looking to start a a business . For starting an education businesscheck why choose franchising in education

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  2. Nice post
    Franchisors usually provide the training you need to operate their business model. Franchises have a higher rate of success then start up businesses.

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  3. I agree with your said words that investing in franchises is better than investing in your own business because you may find it easier to secure the finance for franchise. Franchises have a higher rate of success too. You don't need any business experience while starting your franchise because franchise owners provide necessary training and explain all about their business model themselves. I believe that if you are thinking of doing something for yourself and have a good franchise opportunity then it's good to go.

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