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ABOUT FRANCHISE

 
ABOUT FRANCHISE
WHAT IS FRANCHISE?: A franchise is an agreement or license between two parties which gives a person or group of people (the franchisee) the rights to market a product or service using the trademark of another business (the franchisor).

ADVANTAGES OF FRANCHISE
LOWER FAILURE RATE: When you buy a franchise, you are buying an established concept that has been successful. Statistics show that franchises stand a better chance of success than people who start independent businesses; independent businesses stand 70% to 80% chances of not surviving the first few critical years while franchises have 80% chance of surviving.

HELP WITH START-UP AND BEYOND: You get a lot of help starting your franchise business and running afterwards. Many franchise are in fact turnkey operations, when you buy a franchise you get all the equipments, supplies and instructions, or training needed to start the business.

BUYING POWER: Your franchise will benefit from the collective buying power of the parent company as the franchisor can afford to buy in bulk and pass the savings along to the franchisees. Inventory and supplies will cost less than if you were running an independent company.

STAR POWER: Many well known franchises have national brand- name recognition. Buying a franchise can be like buying a business with built-in customers.

PROFITS: A franchise business can be immensely profitable for instance Mr. Biggs - INTERESTED IN FRANCHISE? TALK TO US NOW!

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