Friday, November 23, 2012

Six Franchise Facts for Starting a Franchise Business

Written by: Allen on November 21, 2012 @ 9:28 pm

Thousands of people are getting involved with franchises. If you?re thinking about becoming one of the many franchise owners, there are 6 facts to know before you jump in:

1. Franchising opportunities are everywhereFrachises Are Everywhere

When most people think franchising, they think fast food, but virtually every industry has begun offering franchise opportunities. Whether your passion is accounting, retail, or communications, there is a franchise opportunity out there that will interest you.

2. Franchises require an investment on your part

Starting up a franchise is often cheaper than starting up a business on your own. However, there are still start-up costs that you will be responsible for.

However, by starting a franchise, you will get to take advantage of bulk rates on things like your IT equipment, public relations services, and marketing materials. Because they are so big, franchisors tend to get discounts that ?normal? companies could never get on their own.

United States Franchise Investment

International Franchise Investment

3. Franchising means you don?t have to start from scratch

When you open up a franchise, you get to use a product, a brand name, and a business model that has already been successful. Start-up companies work for years to get that kind of recognition. But by franchising, you get a good reputation right off the bat.

Franchise Marketing Strategy

4. Franchisors are highly regulated

There are national regulation measures in place to make sure that franchisors are acting properly. Those rules can actually make it easier for you to start a franchise, instead of your own private company.

5. Franchises can be operated from anywhere

Because there are so many different opportunities out there, you can find a franchise that fits your lifestyle. If you don?t want to work in a traditional office, there are plenty of franchises that allow you the freedom to work at home or in a mobile environment.

Franchise Locations

6. Franchising means having access to constant supportFranchise Support

When you?re just starting out, your franchisor will provide you with training and support, so that you can get up to speed quickly. They may even put you in touch with other franchisees so that you can swap ideas. And, a good franchisor will also provide you with ongoing training, so that you can keep current on all of the latest trends and developments.

Franchisee Training?

To learn more about franchise opportunities with High Touch High Tech, visit us online at?ScienceMadeFunFranchise.net.

High Touch High Tech is the leader in innovative hands-on science and nature experiences for children, serving over 4 million children annually with?27 franchise locations?across the United States, Canada, Turkey, Singapore and South Korea.

Tags: buy a business, entrepreneur, Franchise business, Franchise Facts, franchise locations, franchise marketing

Catogories: Start a Business

Source: http://sciencemadefunfranchise.net/blog/?p=470

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