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Wednesday, 09 July 2008

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More In Depth about Franchises
Monday, 29 October 2007
Franchise, a legal arrangement that allows a licensee (franchisee) to conduct business using a name and format developed and supported by a parent organization (franchisor). The franchisee usually pays an initial fee and, thereafter, a monthly percentage of sales revenues for the right to sell the franchisor's brand of products and services in a given market. The franchisee agrees to run the business according to the franchisor's prescribed format and, sometimes, to purchase inventories and supplies exclusively from the franchisor.
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  • What it Takes to Have a Successful Vending Machine Business 25:53 - 8.07.2008

    Learn the basics of starting a vending business from the ground up. Learn how to avoid costly mistakes.

  • 5 Tips For Small Business Consulting - Franchise Marketing Made Easy 25:25 - 8.07.2008

    If you are an internal or external small business consultant for a franchise organization, you are constantly looking for ways to help your clients improve their marketing efforts. The value of marketing efforts for franchises should be measured by both their cost-effectiveness and their results in terms of increased sales for the organization. Here are 5 tips for small business consulting franchise marketing made easy.

  • Guide to Franchising in China 25:36 - 8.07.2008

    With China's opening of its market and recent succession into the WTO, it has undergone rapid development in the past two decades. Due in part to such growth and in combination with its massive 1.3 billion population (330 million in its middle-class alone as compared to America's total population of 300 million), it represents the world's largest yet 'untapped' consumer market. For many franchisers seeking to market reliability associated with brand recognition and systematic organizational structures to the oftentimes chaotic and fragmented consumer sector (particularly the food and personal service industries), China will be both the largest yet most challenging opportunity in the 21st century. Fortunately for both consumers and those in the franchising industry, 2007 arguably brought about the largest liberalization of this sector since the "Opening Up" reforms of 1979.

  • Franchise Vs Home Based Business 25:34 - 8.07.2008

    Is franchising the best option for Americans looking to own their own business? Take a look at the facts before signing anything.

  • What to Expect When Purchasing Restaurant Equipment On-Line 25:42 - 7.07.2008

    When buying restaurant equipment over the internet there are a few things you need to know about the shipping process. Most restaurant supply companies will fair warn you on the issues but if they don't make sure you check your items closely to make sure nothing is damaged, and if something is wrong, call the restaurant supply company and the freight company right away.

  • Guide to Franchising in China 25:10 - 7.07.2008

    With China's opening of its market and recent succession into the WTO, it has undergone rapid development in the past two decades. Due in part to such growth and in combination with its massive 1.3 billion population (330 million in its middle-class alone as compared to America's total population of 300 million), it represents the world's largest yet 'untapped' consumer market. For many franchisers seeking to market reliability associated with brand recognition and systematic organizational structures to the oftentimes chaotic and fragmented consumer sector (particularly the food and personal service industries), China will be both the largest yet most challenging opportunity in the 21st century. Fortunately for both consumers and those in the franchising industry, 2007 arguably brought about the largest liberalization of this sector since the "Opening Up" reforms of 1979.

  • Why Not Start Up a Franchised Business? 25:51 - 4.07.2008

    You may find that when one is interested in buying a franchise it may be best for them to seek a franchise broker. A franchise broker is the person who communicates between franchisors and you, the franchisee. The franchise broker will get the both of you together to set out the plans and goals.

  • Buying an Established Business 25:21 - 2.07.2008

    When considering buying an established business it's always a good idea to first ask yourself , is buying an existing business the way to go or would myself and the community be better served by starting a business from scratch? If you answered that buying an already existing business is what's best for you and your marketplace be sure to follow the steps outlined below to maximize your chances for success. First you need to ask yourself "Am I getting into this business for the right reasons?

  • Outsourcing Your Franchise Sales 25:00 - 26.05.2008

    This trend can save you time, but consider all your options first.

  • Growing Without Franchising 25:00 - 5.03.2008

    Looking to grow your biz? Check out some business alternatives outside the franchise structure.

  • Top Franchises for 2007 25:00 - 19.12.2006

    Who made it to the top of Entrepreneur's 28th Annual Franchise 500®?

  • The Best Way to Get Franchise Earnings Information 25:00 - 21.03.2004

    In the second of two columns, our expert shares the nuts and bolts of learning how much you can make as a franchisee.

  • How Much Can I Make as a Franchisee? 25:00 - 22.02.2004

    In this first of two columns, our expert discusses the hows and whys of getting earnings claims from your franchisor.

  • Will My Franchise Provide Adequate Training? 25:00 - 25.01.2004

    The questions you should ask to ensure your franchisor will provide the knowledge necessary to run your business.

  • How Do I Start a Franchise? 25:00 - 21.12.2003

    Keep in mind these requirements when you consider making the move from business owner to franchisor.

  • Will My Credit History Hurt My Chances of Getting a Franchise? 25:00 - 23.11.2003

    Poor credit may be a challenge when investigating franchises, but it shouldn't deter you.