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To franchise, or not to franchise....

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  #11 (permalink)  
Old 01-05-2007, 01:22 PM
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aehtbieseht is on a distinguished road
Default Re: To franchise, or not to franchise....

Franchising will help you train yourself how to run a business of your own. Just be sure to know your target kind of business first. If you think that you could be more famous because of a franchise name then go for it. But if you are planning to put up a computer shop for example then just start it with your own. Because user's are more interested by your units of computers and not because of your store name.
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  #12 (permalink)  
Old 01-08-2007, 02:39 AM
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salesbooster is on a distinguished road
Default Re: To franchise, or not to franchise....

if you have the money but don't know how to start a business or even run the business personally, but has a keen foresight for a good name, then do franchise. but if you are a budding entrepreneur and who only has a handful of capital to start a small business, and has a firm business plan and a conviction to make it and has that competetive spirit, then i suggest you go on your own. you will never know, you might be better than the said frachise.just stay focus whatever kind of busuness you want to put up. and you will never know you might be the next biggest thing!
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Old 12-16-2009, 12:16 AM
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ladquamul is on a distinguished road
Default Re: To franchise, or not to franchise....

I accept with information:The latter may be riskier as you really are on your own. Franchising may be the thing for you if you don't want to worry about establishing a brand and if you have less available capital.
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Old 12-25-2009, 09:10 PM
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brivivcri is on a distinguished road
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Life is too short to be serious, laugh it up.

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Old 10-25-2010, 06:35 AM
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kattyjames111 is on a distinguished road
Default Re: To franchise, or not to franchise....

I agree with you, but franchising your business is very profitable when you already own reputed business. The name itself work. The only money you have to invest is for the building else the name fame will work for the overall success. Also, provide good training to the franchisees so that they understand your business well and then do not take time for just understanding the business. Follow these guidelines you will definitely get success in franchising your business.
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