Food Franchise

Posts Tagged ‘Franchise Business’

Quick, convenient and low cost. This is what consumers want wherever they go. Have you noticed how many fast lube shops are available everywhere one goes? Some have oil changes with a carwash, a coffee house or even a diner. Location is key to any business, especially an oil change franchise.

Thinking about opening an oil change franchise? Start searching online or speak with a realtor. Location is the number one priority for a fast lube business. A shop should have easy access both in and out, be noticeable with easy to see services and prices.

Another consideration is urban development. Will the oil change franchise receive adequate business? Will traffic be a problem? Is there a street hindrance such as a median or no U-turn nearby which prevents future customers from entering your business or exiting into traffic patterns?

Once a site is established, the shop design is next. There are two ways to design, depending on the city’s building codes and land development: basement or use mechanical lifts to access cars for servicing. Some owners say a full basement is better because lifts slow services, and customers may choose another fast lube instead.

If a basement is used, the designer must decide how many bays the shop will include. Shop owners must research the building size before offering ideas to the building designer. More efficient oil change franchises have multiple bays to service more than one car at a time, offering the ability to service more customers and offer more services. Full basements with catwalks also serve as storage for supplies, bulk oil, cleaning supplies and a break room.

However, to minimize safety hazards, precautions must be installed. Since a basement has open pits, install easy-slide pit covers so customers and employees do not accidentally fall through. The sliding covers are four feet long and slide over each other down to the pit so mechanics need only open the area they are working on. When the automotive service is completed, the covers slide back into place, closing the pit.

Floor type is another safety issue, and should be included in the planning of any oil change franchise. A floor should have rough resistance and have an abrasiveness texture to it. Keeping an organized and clean shop is also just as important. Small spills should be mopped immediately, while a thorough cleaning of the shop should be done every day after business hours.

Convenience and efficiency work hand in hand for the most successful oil change franchises. The flow of traffic in and out of the shop should be an owner’s next consideration. The design of the shop should be convenient for the customer as well as the city traffic. The most efficient and convenient set up is the “one way in, one way out” design. Cars pull into the entrance of the bay and drive out the other side.

After the structure of the oil change franchise is finalized, the next consideration is organization of supplies. Air and oil filters, oil bins and transmission fluids, rags and cleaning supplies can all be stored so it maximizes time on task. Utilizing a basement for all supplies is most efficient. Shelving installed near the mechanics work area will maximize time spent gathering oil and supplies to service the vehicles. Label all shelves with the specific air and oil filter types. This will not only save time for mechanics, but also for restocking items and taking inventory.

Store bulk oil in overhead tanks to pump oil out using gravity; it helps to use all the oil in the tank. Buried tanks tend to waste more oil and need to be filled more often. Tanks that are above ground should have a secondary containment area around it as well.

Although there are many ways to design oil change franchises, efficiency and convenience should be at the top of the list.

One method of doing international business by licensing trademarks is called Franchising. This method dates back to the 1850s where the recurring royalty fee is the prime source of income.

Good illustrations of this in the earliest times were the bars of New South Wales, the agreements between the breweries and these bars can be considered as the first foundation for the modern franchise businesses. Another good example of franchising hitting the international business scene are the telegraph system operated by various railroad companies but controlled by Western Union, and exclusive deals between automobile manufacturers and local dealers.

Franchised-based restaurants paved the way for franchise businesses wave since the 1930s with Howard Johnsons traditional sit-down restaurants and then McDonalds in the 1950s providing the US a franchise business dominion.

Presently, as declared by the Financial Times, if sales by US franchise businesses were converted into national products, it would be eligible as the seventh largest economy in the world.

Guide to International Business Franchising #1
The first step between the willing parties is a franchise agreement that binds the parties together through contractual provisions and strengthening it further by selling ones own products or services through another person holding the license. The agreement also specifies the area of operation under the franchise holder, generally the franchise provider will not grant complete and exclusive control of that area to the franchise holder alone over that particular area.

Guide to International Business Franchising #2
Franchise in the US stands by the jurisdiction granted by the state and federal laws although there is no federal filing requirements for information or no federal registry of franchising.

Guide to International Business Franchising #3
As per Federal Trade Commission Rules, franchise holders are required to have a Uniform Franchise Offering Circular that helps in disclosing the business transactions and purchases that remain involved.

Guide to International Business Franchising #4
Franchise holders are authorized to work under the trade mark by which was developed business system belonging to the franchisor and at the corresponding control from the franchisor, and therefore to use the advantages from positive factors associated with the given name.

Guide to International Franchising #5
Franchise holders should make major investments from own resources and should be the proprietor of the business. The franchise holder owes anyway to pay the franchisor for the rights given and the constant services provided.

As defined by the International Franchise Association, Franchise represents continuous mutual relation between franchisor and franchisee at which knowledge, the image, success, industrial and marketing methods are given franchisee for counter satisfaction of interests.

Franchising often appears to be the best way to future business success, as the norm of bankruptcies are low, however experienced businessmen may show that it is not completely the certain way to success.

Many franchised businesses now use the internet to communicate with the franchisor. This communication is mainly by way of an Intranet which is a private computer network. This can be done via the internet or via cables interconnecting the franchise network and serve to enhance the whole franchise network if done correctly.

The franchisees can place orders online and check delivery dates. Some of the largest fast food franchises operate “just in time” daily deliveries to their franchise network. This has really enhanced the process and meant that the franchisee can afford to carry lower stock at his premises and dedicate more space to marketing the products.

The more advanced systems even allow one franchisee to order goods from another franchisee if the franchisor is out of stock!

The tills can now be connected to the franchisors network and all sales relayed instantly to the franchisor. This means that in some cases most of the ordering functions can be removed entirely from the franchisee!

For the franchisor this is tremendous and means that they no longer need to rely on the franchisees keeping adequate stock. The franchisees benefits because their work load is reduced even further and allows them to spend even more time on marketing and customer relations.

The franchisee can now make online payments both to the franchisor and other suppliers without the need for cheque books, envelopes and postage. Online payment solutions have many advantages over the traditional method. They can help improve cash flow and reduce the risk of fraud.

Some advanced systems now allow view only access to their accountants and make their job of record keeping and analysis very easy. The accountant is able to see every transaction in real time and no longer has to rely on the franchisee to provide him data.

The franchisee can download the latest brochures, watch the latest video advertisement and even help the franchisor by giving feedback on how their marketing material could be improved further. They can also keep their operators manual updated regularly.

Prior to high speed internet access the franchisees were usually running the business on their own computer. This then meant that they were in charge of backups, firewalls and security. This meant that the franchisee had to be trained in the operation and maintenance of their computers.

Franchisors use the web for marketing their franchises and building a brand image. They can also help their franchisee network by generating leads and providing them to their franchisees in real time. People are now just as likely to search for a franchise or business opportunity on the internet as they are to buy franchise magazines and attend franchise exhibitions.

The dangers of using the internet (or intranet) are many. If the main server of the franchisors crashes and they do not have adequate back up facilities and use of other servers, the whole franchisee network could be affected.

Can you imagine how a franchise network of over two hundred franchisees could be affected if the franchisors servers were attacked by an internet worm that corrupted all the data?

Not all franchise businesses benefit from working of central servers. The main criterion in evaluating if setting up an intranet would benefit your franchise network is the amount of data that is handled by each franchisee.

If the amount of data handled is low and there is little need for the franchisees to communicate daily with the franchisor and the other franchisees then the ideal solution is for them to operate a local computer system.

Given the economic down turn, anyone who wants to go into business for themselves may want to start seeking out opportunities and bargains in buying a franchise. A franchise can be in the form of a distributorship such as car dealerships and gas stations or business formats which are common among car care and fast food.

The slowed economy means that a franchisor can negotiate a cheaper price in construction labor, land or lease costs, and possibly even the franchise itself due to weakened sales at the company as a whole. Be aware, however, that any concessions given upfront might show up in the negotiated ongoing maintenance fees and royalties that are charged. Getting good deals in the start up can lead to better profits throughout good economies and bad later on.

The advantages of buying a franchise rather than starting your own business from scratch vary. One important, favorable advantage is that the success rate is higher among franchises than small start ups. Some estimate franchises are up to 90% more successful, but the method of calculating this is speculative and unconfirmed. The availability of other franchisees to learn from and form mentoring circles may be one reason the success rate is much higher. Another advantage is that you own a piece of a larger company that has training and marketing support as well as an economy of scale advantage in purchasing power and price negotiation. Some franchisees will even help with financing. Individual start ups must do a great deal of research and self promotion to satisfy banks and venture capitalists who might decide to invest or lend financing. Transferability is also important. When retirement comes around, a franchise is an established name and can make transferring or selling the franchise to another party much easier than that of an individual small business that must rely on its own individual success and notability to bring in a buyer who must also prove that it’s worth the purchase price for financing purposes.

There are also important disadvantages to a franchise and starting one in a slow economy that should be considered, but they don’t completely override the good side. The slow economy might mean less revenue upfront, but proper negotiation in pricing and start up costs should lessen this effect and establish an overall benefit. There are restrictions placed on how your business is conducted with a franchise, so it is not completely up to you to run it how you see appropriate. These restrictions are, however, meant to maintain the overall integrity of the company you are representing and the profitably of all franchises under that company. The ongoing fees and royalties will cut out some of the extra profitability that owning a well known and respected company brings, but they could also be considered the cost of buying into an established and supportive company that wants you to succeed as much as you want to.

In all, the tender economy is an opportunity for those who choose to seek out bargains that will deliver continuing future advantages over those who started when things were booming and paid a premium to get a piece of the overflowing profits. Consider also that some businesses such as car lube stations and fast food restaurants are not as vulnerable during down times because they are either necessary or an entrenched way of life for many families on the go.

Owning your own business may be the American dream, but it can be a pretty scary one to pursue. Some of the statistics concerning the failure rates of new businesses can be quite daunting even during times of economic prosperity. Add in the prospect of a looming recession, and your heart may begin to pound a little harder. One way to alleviate these fears and go forth into the magical land of entrepreneurship is to consider a franchise business.

WHY A FRANCHISE?

-

Historically, franchise businesses have been safer investments than other forms of small businesses. For one thing, you don’t have to worry about whether your business plan will work or not since it has already proved to be tried and true. Additionally, franchises offer assistance in a variety of forms including training, financing, and ongoing support. Most will already have agreements in place with vendors that will allow you to get the best possible deals on supplies for your business as well. Another plus is that you won’t have to worry about building up your own name recognition. People will know who you are before you even open your doors!

Even with all these benefits, you will still need to work hard to make sure your business is as successful as it can be. One way to greatly increase your chance of success is find out as much as you can about the products and services you will be offering and try to imagine what possible pitfalls you might run into. It can be a great help to take the time to talk to others who have walked the same path before and learn from their successes and failures. Many franchises offer the opportunity for you to work with a mentor who can provide this much needed advice. Don’t be afraid to take them up on this offer. It’s easier to plan for a possible crisis before it starts than it is to clean up after it later.

WHAT ABOUT THE ECONOMY?

-

Contrary to popular belief, a period of economic sluggishness can be the perfect time to start a franchise business. For starters, opening a franchise can help stimulate the economy in your local area by providing a few extra jobs. Additionally, these are precisely the types of businesses that people patronize during a recession.

Many franchises specialize in offering goods and services that people continue to need no matter what state the economy is in. Moreover, they tend to be the more budget-conscious alternatives to these needs. Businesses such as Blockbuster may see increased movie rentals because people are shying away from the higher price of going to the theater. It’s harder to justify going to a high-dollar salon when you can get your trimmed at Supercuts. When funds are short, families are more likely to eat out at someplace like McDonalds than a nicer, pricier restaurant.

Many women prefer franchise opportunities that require less money, are less risky and allow them flexible hours which allow them time for other obligations. A franchise can offer them all three of those things and more. Most women are still the main source of childrearing and homemaking in a family. Start new or look into existing franchises for sale. Start by listing all the areas of interest. Don’t worry if you have little or no experience, most franchises offer complete training and on going support. Here are four top franchises for women.

Edible Arrangements

http://www.ediblearrangements. com/

Is it a piece of art, a centerpiece or something to eat? All three actually. You’ll be surprised at how fun owning your own franchise can be. Edible Arrangements has been named one of the fastest growing franchises and top franchise system.

Word of mouth will be your greatest marketing ploy with this business. When others see and taste this delightful gift, they will want to order one also. It is such a unique, yet practical gift that anyone can enjoy. A small storefront would be advised, but the area required would be minimal. Perhaps even using an area inside another related business. A mom could set her hours to coincide with the school day.

Chocolography

http://www.chocolography.com/

Oh my gosh! Chocolate as a business. Tell me I’ve died and gone to heaven. This franchise business is a food imaging system. You are not only trained in the art of confectionery but you get the machine that creates high resolution images. People can not believe that the items (picture frames, CDs, personalized lollipops) are completely edible.

Chocolography has made franchising simple, flexible and speed in product creation with a 70% profit margin. You have your choice of operating your business from home, in a store setting or factory setting. You’ll receive a full comprehensive marketing package including:

*album containing pictures of every application with suggestions for every occations.

*website specifically set up for your needs.

*customized brochures

*complete training

*Chocolography machine

Barkbusters

http://www.barkbusters.com/

Do you love dogs? If so, Barkbusters is the perfect match for you. They have a holistic and unique dob training system that they will teach you. This special training can change a dog’s behavior in one (2 2 hrs) session. Imagine the relief your will give the dog owner. They’ll want to know your secret, but it’s in the special Barkbusters training. As a certified Barkbusters Behavioral Therapist you’ll explain dog psychology to the owners as it relates to their dog and you’ll teach them how to work with their pet to continuously get the behavior they desire.

This franchising can be home based and so little or no overhead costs are involved. You can certainly set your own hours by appointment. Plus you’ll receive continuous support for as long as you need it.

Grins 2 Go

www.grins2go.com/

It’s a mobile photography studio with almost no competition and an enormous market potential. You’ll target markets like corporate events, celebrations such as birthdays, anniversary parties, family reunions, youth and adult sports and family portraits. Make your own hours. You decide how much or when you want to work.

What’s included in the Grins 2 Go franchise?

*complete turnkey package with all equipment

*fully equipped van

*marketing system and program

*full training

*ongoing support

It’s always been every woman’s dream-to own her own business. Well, that and having a family. And in today’s fast paced and exciting world, endless franchise opportunities are available. All you have to do is reach out and grab them. But that, my friend, is easier said than done.

Most of the established business franchises require a substantial downpayment and investment. Which unfortunately, most of us don’t have. So if you really want to go into business for yourself, do some research and come up with some franchises that are within your financial reach. Just make sure it is something you are interested in. A business that is boring to begin with is doomed from the start.

So you’ve worked at that 9 to 5 job and saved a little money. You’re now ready to enter the world of self-employment. I wouldn’t kiss that old job good-bye until I was set up and established in my new form of employment. No, you won’t be able to commit full time to your new franchise business, but the old job will put food on the table while you work the kinks out of your new business. Of course, if you have someone willing and able to support you during this start up time, then, by all means, go for it.

As I said earlier, there are countless franchise opportunities. If you are awe-inspiring in the clean house department, perhaps you would want to consider a cleaning service. There are many one day a week maid services; Merry Maids; Maid for a day, and others sweeping along everywhere. If you’re really good at decorating, you could go for a decorating business or the new, all-popular home staging business. This generally takes a little more money since you are the one who furnishes the home in preparation for a real estate sale. Furniture and accessories must look good and be in excellent condition.

Other examples of business franchises available to women are home caregivers which consists of actually taking care of an older or sick individual. Medical billing, financial advisors, travel and cruise directors, and home jewelry sales are just a few. Go online and check out some of the many opportunities available. After you choose one, get all the necessary information and requirements involved before you commit to it. It may sound great at first, but the initial investment may be way too much. Don’t despair, just keep looking. You will find the one that’s right for you. Then you’ll be on your way to freedom of choice-the choice to do what you want, when you want.

I have been in business for 12 years and I feel a franchise product can make more money. To find the perfect franchise is very improtant, location, and advertising.

I work in a franchise hotel for a long time and there is a quite a difference between franchised product and non-franchised product.

The town that I work at had around 300 hotels. The difference is that the franchised hotel sell out faster than non-franchised. The people know what they are paying for because of the name. The guests know that each hotel will be the same in product and services.

There is a lot more cost in joining a franchise product because of brand identity. You do have to work hard to keep up the business. The plus side is that the company will pay for advertising and marketing. You will find that people look for brand items. For example if you are going shopping and you find a brand name product and a non-brand name product which would you buy. Would you buy the brand name you know and love or save money and buy the non-brand product. Sometimes what you pay for is what you get comes to mind. The brand-items is also alway on sale when you go on the right day.

There is a lot of franchise opportunity that we are surrounded by for many businesses like hotel, restaurant, beauty shop, and many other businesses. Working for yourself is dream come true. Yes there is hard work that is needed in a business and especially when you work for yourself. But to succeed and make profit you may have to do it. You will get your return quicker and with a little control you can keep your overhead cost low.

Being in a franchise business you do get the support that you need from the corporation. They can help you with vendors, how to bring in more business and every so often get inspection done on youe business. I feel being inspected is a great idea because it show me where I am lacking and where I have done extremely well. There is a point system where you do need to pass inspection or you fail and need to improve within certain time. So since everyone knows this everyone tries to keep up with the same amenitites and so more and more customers walk through the doors.

Every year there is a chellange because of the economy or new business that opened up next door. When you have a franchise business you already know what you need to make and can reduce prices or raise prices depending on how busy it will be for the day. Mainly you know how much you paid for the space,land, or building cost.

So inconclusion franchise business is a great move for any type of business. Within a year you will see you return and you will see that it is all worth it. In this note I wish good luck to all of you who are trying to open a franchise business. Most importantly be patient. I find being patient and working for a long term basis. Success will not come over night but it will eventually come when you are satisfied with you successes.

The idea of owning a franchise is, for some people, the ticket out of the rat race and into a world of financial independence and being their own bosses. For others, the idea of owning a franchise means risking not only a regular paycheck, but having to put up their own money and then agree to run the business according to someone elses guidelines.Somewhere in between those extremes is the reality of being a franchise owner. No one who knows the franchise business can honestly say there is not a tremendous amount of work involved, and that the success or failure of an individual franchise operation will depend on how willing the franchisee is to do that work.And, because buying a franchise means they will be entering the business world with a proven product or service, which is already familiar to a large number of people, they will not be faced with trying to find and keep a customer base. As long as they have a good location for their franchise–and many franchisors offer assistance in getting their franchisees located–and provide customer service up to the franchisors standards, new franchise owners have an opportunity for early success.The wide variety of franchise opportunities now available means that franchising is now an option for more people than ever before. Franchising has grown well beyond the fast-food arena and now includes businesses like fitness centers, dollar stores, cellular phone stores, doughnut shops, and apparel stores. So people from many different business backgrounds are starting their own franchises.If there are other of your companys franchisees in the area, however, you all might be able to split your local advertising costs. And because youre all selling a branded product, your advertising budget should not be too high. Travel expenses can be written off.However on the other hand, you have no control over the other people who happen to own the same franchise as you in a different part of town. All it can take is one single bad franchisee to bring the good reputation of your business down, causing you to lose sales and have to close the doors of your business franchise once and for all. When all is said and done though, if you want the responsibility of opening your own business but you have no idea where to begin, then a business franchise is totally the way to go.

In today’s society it’s easier now more than ever before for a woman to open a franchise. There are many franchise opportunities available in any business field for women.

The hardest part would be deciding what type of franchise business you want to open.

In order to receive enjoyment from opening your own business it’s best for you to do something that you like or that brings you joy in doing it. For instance if you don’t enjoy cooking why would you open a restaurant? Figuring out what you would still enjoy doing ten years from now will help insure your success.

Some women enjoy styling hair while others like working out, so opening their own gym would be the best franchise for them. The good thing today is women are not limited in the type of franchise they can enter into anymore. Gone are the day’s of sexual stereotyping, the kind of job’s women can do.

And that’s a good thing women can now do have job’s that used to only be available to men. Young girl’s are lucky that today’s business franchises realize the potential of women. It’s not uncommon to see a woman running her own mechanic’s shop.

Time’s have changed so much that women can have franchises in anything ranging from cooking to computer analyst. The possibilities are so endless that to name them all would take days. Finding what you love to do is all you need to do to get started. For instance my sister owns her own Bar-B-Que business, she has for twelve years now and still today people ask her is the man that smokes the meat there? What man? There’s never been a man working there smoking anything. Why are people so narrow minded to just assume something like that? So open your own franchise and laugh when they ask where’s the man that fixes transmission’s?

Another example is a local automobile used parts franchise, it’s owner is a woman and she has the most successful used parts business in town. That’s with three more automobile used parts business’s in the same town. I understand that it’s on the web and is the biggest in automobile used auto parts business in the state. That shows what a woman franchise can do.