123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Why Go For Franchising?

By Author: Jamie Parker
Total Articles: 19

If you are tired of your corporate job, and if you no longer wish to operate under someone else, you can either run a start up of your own, or you could purchase a franchise.

If you decide to run your own start up, you have to consider the risks involved. Firstly, you will be starting from scratch. So, you will have to build your brand name from vacuum. You have to build a customer base from scratch as well, as you will be a new business on the market. In addition, you will have to break even with the high costs involved in running a start up.

If the risks involved in a start up leaves you disgruntled, you can consider buying a franchise instead. When you buy a franchise, you are actually buying the business model of an existing company to serve a specific locality. For instance, if you know of a successful fast food chain that is open to franchising, you can buy the franchise and sell their goods under their banner and retain the majority of the profits. You function exactly as the parent company functions.

The main advantage with franchising is that you do not have to shoulder as many risks. Usually, the parent company is a well known company. So, the brand name is already established. The brand is likely to have a loyal customer base in the area you plan to service as well. The market is already there, you only have to service it. Where there is an existing market for your services, there you will also find profit to be made. So, when you buy a franchise from a well known company, you are almost sure of obtaining profits.

Secondly, the training for the staff is provided by the franchiser at a fixed cost, in addition to the initial price of the franchise. You do not have to conduct any training. All you have to do is focus on running the business successfully. Even though you have bought the business model of a company, you are not completely answerable for your work. As long as you maintain the brand image of the company, you are only answerable to yourself with regards to your hard work and discipline.

If you are interested in franchising, there are many businesses for sale that you can look into. Franchise opportunities are increasing as more and more companies and individuals are realizing the profitability of the venture in the long run.

Do you really have what it takes to run a successful franchise, find out all about exciting franchise opportunities Kansas City right here.

Total Views: 76Word Count: 433See All articles From Author

Business Articles

1. Household Shifting Services In Bangalore Mumbai Unionpackers
Author: UnionPackers

2. How Can You Lower Your Lcl Sea Freight Costs?
Author: Jack

3. How To Keep Yourself Safe While Working At Heights
Author: solucoesoutdoor

4. Opportunities For The Global Gallium Arsenide Wafer Market To Reach $1.3 Billion By 2023
Author: Lucintel

5. Floral Arrangement For The Perfect Summer Wedding
Author: John Miller

6. 5 Reasons Why Your Website Need Mobile App Development
Author: Anshul Sharma

7. A Gift For Planning Your Event
Author: agiftlistseo

8. Why Is A Good Night Sleep Essential?
Author: Lewis Carroll

9. Sterlite Copper - The Journey Through Controversies
Author: Alanna Alberto

10. Enhancing Your Business Sales Using Wordpress
Author: IncRevenue

11. With Proper Training And Certificates, One Can Become An Expert Risk Manager
Author: George Hoover

12. Anand Enterprises
Author: Anand Enterprises

13. A Good Adwords Agency Is Things You Will Need For The Company!
Author: Magdalene Munter

14. Top Advantages Of Asphalt Seal Coating In Ontario
Author: Vadim Muravyev

15. Take Your Travel Experience Into Another Level By Exploring The Best Location Of India
Author: rossbrian

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: