Food Franchise

Posts Tagged ‘Franchise Opportunity’

Nerds ToGo

So many individuals and businesses rely on their computers for communication. Furthermore, many businesses simply can not function if their computers are not working properly. As people struggle to keep up with advancing technology, many of them work on computers everyday and still have no idea how to make even the simplest repairs when things go wrong. Of course, this is true because computers and complex machines and someone who is not qualified to work on them should always call for help. Even so, many computer repair stores have a “bring it in and we’ll fix it” sort of approach. Nerds ToGo, however, has revolutionized the computer services industry by offering a “we come to you model.” After all, people do not have the time and energy to break down their computers and take them to the repair shop. Moreover, this would be an impossible task for a small business in need of computer services.

Of course, the best part about owning a Nerds ToGo franchise is that you do not have to be a nerd to own one. Now, if you happen to be a nerd by nature, you can make your own service calls or hire nerd employees. Either way, the secret to success with this innovative franchise opportunity lies in how you manage the business and not just how well you fix computers. What’s more, the Nerds ToGo company offers a great deal of support to help you become a successful franchise business owner. There are a lot of computers out there just waiting to be fixed and with a Nerds ToGo franchise, you can cash in on this opportunity with only a small investment.

College Hunks Hauling Junk

Just like the computer support businesses like Nerds to Go are gaining popularity across the nation, College Hunks Hauling Junk is a great franchise opportunity well on its way to becoming a national brand. The geeks fix computers and the hunks lift heavy things. That sounds about right, doesn’t it?

On a more serious note, don’t let the name fool you into thinking that College Hunks is anything but a great business franchise opportunity that is growing everyday. Furthermore, the junk-removal industry appeals to highly segmented publics, which can translate to great income for franchisees that are affiliated of a nationally recognized brand. College Hunks is a business that appeals to homeowners and small business owners who need items like furniture, appliances, yard waste, construction materials or renovation leftovers removed from their properties and more. The only items that the hunks can not haul are hazardous materials like chemicals, paint, spouses or pets.

And, now that going green and helping the environment is becoming a standard in the U.S., our customers will be happy to hear that everything we haul is recycled, donated or otherwise disposed of properly.

Of course, not only do customers love College Hunks Hauling Junk, franchisees enjoy helpful resources, including a national toll-free number and centralized call center (Customer Loyalty Center), a website where customers can schedule pick-ups online, truck beds that are bigger than those used by competitors, customized propriety software used for scheduling, and finally, a low investment and high potential for business growth.

Pet Butler

This name may not suggest that you are actually looking into a poop scooping business but a Pet Butler franchise is exactly that. Since so many families include pets, particularly dogs, there is a lot of scooping to be done. In fact, 40 percent of all households in the U.S. include at least one dog. However, some pet owners do not have the time, energy or desire to pick up after their pets. Plus, Pet Butler offers not only waste removal services but also pet stations for parks and other public areas.

As a franchise owner, you will be trained to use the most sanitary methods for waste removal. Additionally, the company will provide you with a downloadable training manual, state-of-the-art equipment and even marketing materials. Like so many other business franchises, Pet Butler wants to experience growth, which means the company is willing to help your franchise business operate smoothly and efficiently. And, that’s the scoop.

Boneheads

For the great tasting food served in these innovative restaurant franchises, the secret really is in the sauce. Boneheads features grilled fish and Piri Piri chicken, which is seasoned by the South African Piri Piri pepper. But, the taste is not the only unique flavor of Boneheads. This restaurant franchise also utilizes the increasingly popular concept of fast-casual dining. If you have never dined at a Bonehead’s, perhaps you have been to a Moe’s Southwest Grill, Doc Green’s Gourmet Salads, Planet Smoothie or the Flying Biscuit Café. These are just a few of the restaurant franchises owned by Raving Brands. And, if the portfolio of delicious dining choices does not convince you that Bonehead’s means serious business, you may be interested to learn that Raving Brands also has real estate expertise. Since location is one of the most important factors in franchise success (if not the most important), a Bonehead’s franchise can mean a leg up on the competition. So, if you have five years of experience working in a restaurant, this is your chance to own one.

ElizaJ

“No thanks, I’ll hold it” is usually the response you hear from someone when their only option is to use a port-o-potty. However, ElizaJ is not your typical port-o-potty business. In fact, it offers three levels of deliverable restrooms with high-quality amenities like designer soaps and lotions, fresh flowers, air fresheners and even fresh water. Now, you might be wondering who would be interested in these new high-class portable restrooms. Take a moment to consider the growing special events industry. So many weddings and other formal events are held outside and nowhere near a restroom. The standard port-o-potty just will not do when it comes to this kind of special event. Instead the typical old John, you need an ElizaJ. And, if you decide to become an ElizaJ franchisee, you will become part a groundbreaking new luxury restroom industry and gain access to an untapped market. What’s more, the ElizaJ company offers all the training and support you will need.

Brick Kicker

This might seem like a funny name for a home inspection company but this catchy name has helped the company become a nationally recognized industry leader. Plus, Brick Kicker offers accurate, trustworthy home inspections to homeowners, buyers and sellers, which means there will always be a demand for these services. The main advantage to entering the home inspection business as a franchisee is that you start off as an established brand. Additionally, you have access to on-going support from the company as well as seminar and conferences to help you build your business, not hit a brick wall. With the right tools, you’re sure to become a successful Brick Kicker franchisee.

Nanny Poppinz

At first glance, the name of this franchise might give the impression that this is just another group of nannies. However, Nanny Poppinz is far more. In fact, this company is a full-service child care referral agency. Not only do they specialize in placing children with the best, most professional nannies, they also help busy moms find childcare outside of the home. What’s more, services offered through Nanny Poppinz include baby nurses, housekeepers, cooks, tutors, butlers, drivers and even household managers. Whether the need is full-time, part-time or temporary, Nanny Poppinz is there to help. Plus, this franchise opportunity is great for entrepreneurs who are looking for a great work from home franchise opportunity. This business franchise is fast and easy to start up because you do not have to worry about the initial cost of inventory. In fact, your nannies are the inventory and the specialized software offered to franchisees makes keeping track simple. Nanny Poppinz makes success simple for everyone who is interested in this exciting business opportunity, even stay-at-home moms looking to start a home-based business franchise.

Froots Smoothies

Now more than ever, eating fresh is all the rage. People are looking for healthier alternatives to traditional eateries who serve greasy food loaded with calories. But, they still want food that tastes great. This is where Froots Smoothies comes in. This restaurant franchise specializes not only in salads, wraps, shakes and smoothies that taste terrific, they also pride themselves on serving foods that are healthy and refreshing. Guests who lunch at Froots can say goodbye to that afternoon sluggishness they feel after a greasy lunch at a traditional fast food restaurant. Froots offers delicious lunch, dinner and snack options and the company is ready to serve its freshness all across the country. That’s where you come in. If you are ready to take advantage of the fresh food frenzy, consider a Froots Smoothies franchise. This company offers training, marketing support and even helps with site selection.

FunBus

This business franchise is literally fun on wheels. In fact, FunBus travels right to your school, birthday party or any other special event. And, it’s filled with progressive gymnastics equipment and a staff that is eager to make physical activity fun, not competitive. What’s more, FunBus will travel to your daycare center or school once a week with instructors who will teach 45-minute lessons to children ages two and a half to six years old!

In a society where parents are faced with warnings of increased childhood obesity and diabetes, the FunBus offers an exciting way for kids to get active and enjoy every minute of it. As the potential franchisee, FunBus offers you the chance to find success as a franchise business owner. Moreover, these fitness academies on wheels are always stocked with the latest and greatest equipment. Plus, FunBus provides its franchisees with a marketing system to help ensure a steady flow of business.

Dogtopia Dog Spa

In 2005, pet-related spending $35 billion, making it the seventh largest sector of retail. In fact, pet spending came in ahead of toys and candy. This increase symbolizes the modern attitude that pets are like “kids” in the family. Because so many pet owners think of themselves as “parent” to these four-legged kiddos, they feel guilty leaving them at home alone all day. After all, they send their children to preschools and daycare centers. Why shouldn’t they do the same for their dogs?

Dogtopia Dog Spas give pet owners the opportunity to leave their dogs in a fun-filled doggie daycare where they will enjoy supervised play and human interaction all day. Plus, Dogtopia even offers do-it-yourself dog washes, spa services, training classes and overnight boarding. And, you’ll find nothing less than premium quality toys, treats, food and grooming supplies. What you need to know as a potential franchisee is that Dogtopia offers on-site assistance and continuous management consulting, marketing materials, a website and a comprehensive training course to help you start of on the right paw.

As I reflect back to the economic downturn in 2008, and the changes in my job status and my lifestyle, I must now turn to what is next for me in 2009. If I chose to buy a franchise business and be my own boss, I would go about financing my business with a SBA or Small Business Administration loan. Generally 95% of all businesses will be approved by SBA.

A 7(a) loan is one of the most basic SBA offered loans that should be considered, as it is guaranteed. The risk is assumed by both the provider of the loan and the SBA. A 7(a) can be used for most business functions such as any renovations, machinery purchases, and most major asset building business expense. This type of loan may not be used for investment.

SBA also offers what is called a CDC/504, which is used as more of a long-term financing resource. Business owners who opt with a CDC/504 are required to use the money for fixed assets such as land, buildings, and reconstruction of the area in which business is being conducted. This includes but is not limited to utilities, remodeling, street renovations and other major physical changes that will improve the overall aesthetics of the workplace and community. In order to get any loan however it will be important to consider the strength and detail of the overall business and marketing plan. One of the main requirements of being approved for a loan is the ability to pay the debt which is being accepted with the loaned capital.

Right now the best option would be to find a small niche market restaurant such as a specialty soup and sandwich shop, inside a strip mall or plaza. In a recession, buyers tend to shy away from higher priced restaurants or big ticket items. Right now Americans will stick with a trusted group of stores and small eateries in which they are familiar. Placement would be prime in a cluster of stores that are guaranteed to get a consistent traffic flow of consumers. Marketing is more important than ever and a lot of time should be focused on getting product attention in a specific target market. With a brick and mortar business with great placement, service and quality, a successful business is very possible. The focus of this plan is to not try a business venture that would veer too far away from the normal day to day purchases of a consumer living in recession. A small soup and sandwich shop would fit within this realm. It is always difficult to start a business, and there are many things to consider when doing so. Especially now it is important to spend great care planning and launching a business plan. With the help of a SBA loan and a lot of determination, starting a building a successful business becomes much more likely.

Finding The Right Franchise

Whether it’s hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors’ services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Franchise systems, and bad Franchise systems. The challenge is to ask the right questions to find the right system that will fit your goals and dreams. The key is to ask the questions – and listen closely to the responses. Only then can you determine if the Franchise opportunity is the right fit for you. So whether it’s food services like burgers or coffee, professional services like telecom or IT, or manual services like cleaning or oil changes, ask the questions and record the answers.

Why Do I Pay A Franchise Fee?

Franchising is a strategy that the Franchisor uses to achieve its objectives, including market penetration and market domination. Franchises are granted or awarded to a qualifying Franchise Candidate that has similar objectives in their own marketplace. That Franchisee will have the responsibility to fully implement the operating and marketing systems of the Franchisor in their defined area for a specified period of time. The relationship is not generally one of parity.

If it were a relationship of parity, the Franchisee would take on a great deal more responsibility, and of course, liability and risk as well. So the relationship is not one of actual partnership in the legal sense. However, good Franchise systems will generally recognize their Franchisees as Strategic-Partners, meaning they are in a partnership of sorts that is aimed at achieving unified goals, but not one of legal partnership or equity.

The Franchise Fee is the cost of putting the Franchisee into the business of the Franchisor, not as a partner, but as a participant. Costs include:

1) The development costs of all of the elements of the Franchisor’s system
2) Training the Franchisee to use those system elements and programs
3) Marketing and advertising to find Candidates
4) Costs of qualifying Candidates including rejecting many unqualified Candidates
5) Salaries, travel, & administration
6) Legal expenses to draft agreements defining the methods & terms for the Franchisee to participate, etc.

It is the Franchisor’s assessment to cover those costs as well as a reasonable markup. In other words, it’s the entry fee to the point of the completion of the initial training programs.

To the Franchisee it must represent a reasonable fee to allow you to become a part of the existing system, including all of the training programs that are a part of that system, to help you reach your own business goals.

When asked about the Franchise Fee, the Franchisor should have this concept clearly defined in their approach to Franchising. They should recognize that the Franchise Fee should be reflective of the value of entry into a well-developed, comprehensive system for the participant Franchisee. They should also recognize it as the recovery of costs to find, qualify, and grant legal rights to participate in that system to the very best Franchisees for the Franchisor’s business.

Dennis Schooley is the Founder of Schooley Mitchell Telecom Consultants, a Professional Services Franchise Company. He writes for publication, as well as for schooleymitchell.blogging.com and franchises.blogging.com, in the subject areas of Franchising, and Technology for the Layman. www.schooleymitchell.com, 888-311-6477, dschooley@schooleymitchell.com.

Franchise business is a hotbed of opportunities. While, this fact remains, a businessman who is dynamic, proactive and looking for some adventure in profession and is capable of taking risks may find himself stranded by a franchise that he is running for some time. A franchise, any one for that matter, works on a set successful model of business and is a repetitive in nature. While most franchising companies think that they follow the best practices, it can get to a dynamic entrepreneur’s nerves, more often than not. Whilst may be an option, putting up the franchise for sale is a better option so that one can make more money from it.

Franchises for sale are available everyday. While most of them seem to be restaurant franchises, many other businesses are also seeing the same trend. The reasons may be various, but, the most common reason is that a budding business man has already got bored of it. A businessman when he starts off, tends to take lesser risks, hence goes the franchise way. After a few years, when he learns the ropes of the business and gets more experience in handling the business, the businessman tends to think that he has more to do than running the robotic franchise. Any dynamic businessman would think the same way, and so puts up the franchise for sale.

In case you have decided to put up your franchise for sale, the first thing that you need to do is to contact the franchisor. There is nothing to be embarrassed about, ultimately all of us need to move on in life and so does the franchisor. The franchisor as already taken into account that some of their franchisees will sell off their franchisees at some point of time. Their business plan takes this into account. The reason may be anything and the franchisor may have heard it before, go ahead and do what you need to do.

The franchisor may put up some impositions or conditions on your franchise for sale. Most of these however will be inline with the current guidelines they have for giving out a new franchise. The franchisor would be looking to the ability of approving the new franchise and nothing else.

The next most important thing would be assess the cost of your franchise. Talking to your attorney with updated accounts in the proper structure of sale may be of great help. Taking into account the property lease, stocks and various other parameters, it is important to value your franchise at the correct price.

Answers to all these questions lie in your organization. All you need to do is find them and make the right decision in regard to price and continuity. Talking to a business broker would be a good idea to begin the process. Newspaper advertising, website listing in the relevant category can help accelerate the process of find the right customer for your franchise for sale. Always be sure to have an extensive qualifying procedure in place before selling your franchise to an unknown individual.

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.

It is often good to select a franchise for which you already have skills or experience that can often steer your discussions in the right direction. Of course, many people want to move into self employment with a franchise for exactly the opposite reason; they are looking to change the direction of their personal and business life.

Everyone should have a million questions to ask before buying a business of any kind including a franchise, some questions are perhaps more important than others. Here are some ideas of the kinds of questions you should be asking the company offering the franchise opportunity, and more importantly yourself.

The first thing that you need to ask is not of the company but of yourself, is this the right business for me and am I sure that I want to do this X hours every day. Because if the answer is “I’m not sure”, then this is not the business for you, you are going to spend a lot off your waking hours working away at your franchise so you need to be sure that it is for you.

You need to know what your market will be, you need to be sure that this market can be found where you intend to open up your business, many franchises may require a specific kind of location, if you get the combination wrong, it can spell disaster.

Do you have enough cash to buy the franchise and cover all the overheads, possibly pay your own, and staff wages, at least in the short term. Very few franchises can bring in an immediate cash flow and those that can tend to be extremely expensive, such as major fast food franchises.

Is it possible to make sufficient profit to make you a living or part time income, is this a viable proposition for what you want to achieve. Are you prepared to do huge amounts of research to find out all you need to know to come to a decision. Will you sit across the street from another franchise owner’s establishment and watch how business is going, perhaps for long periods of time.

There are big investment franchises and smaller franchise opportunities, there are many businesses that do not require huge amounts of up front cash, but with a lot of hard work can produce a good profit. An example would be a lawn care franchise, which is relatively cheap to get into, but can provide a good steady income. These types of lawn maintained franchise opportunities mostly require hard work rather than huge amounts of skill to produce a good wage that will justify the initial outlay relatively quickly.

If you have not heard of Ben and Jerry’s then you must have been living on another planet. Ben and Jerry’s, renowned for its unique and unusual flavoured ice creams, along with the standard favourites, is probably one of the worlds best known producers of these mouth watering deserts and treats. The brand certainly has strength of recognition both in its US home and increasingly throughout the world, which is what makes it such an attractive franchise opportunity. As is the case with most other franchises, Ben & Jerry’s allow applications for single or multiple franchise outlets.

The Ben & Jerry franchise unit comes in four different styles. These are the Scoop Shops, Inline Scoop Shops, Shop-in-Shop Scoop Shops and Kiosk Scoop Shops. These stores vary in size from 100 square feet to 1500 square feet. As to be expected the costs of these various outlet styles varies, although the initial franchise fee is $32,000 in each case.

However, to include the cost of development and renovation of the premises, the branding, equipment, and other ancillary costs such as legal, professional, promotion and training fees it is estimated that the total opening capital investment required will be in the region of $118,000 to $384,000 depending upon your format choice. The Ben & Jerry website (www.benjerry.com) provides detailed estimates in all these areas. In addition to this, the corporation estimates that an additional $55,000 of working capital is required to cover the first few months of trading.

Ben & Jerry’s are looking for franchisees that have a net worth of between $380,000 for single unit purchase and $525,000 for multiple purchase, of which $80,000 and $120,000 must be available as liquid cash, either from own funds or reasonable rate borrowing. In terms of ongoing costs, the royalties are low for franchise opportunities at 3%. However, an addition 4% contribution is required for the advertising and promotional budget. Half of this will be dedicated to local spending and the rest on the corporation’s national campaigns.

There is an eight day intensive training programme for start-up franchisees, which takes place at the corporation’s educational university in Burlington, as well as several days’ on-site training at the store prior to its opening. Regular training opportunities continue to be available one the business had commenced, which can be utilised either by the franchisee or their employees. In addition the company provides ongoing telephone and on-site support, which includes regular visits to ensure the business is achieving its objectives and maintain its financial records in an appropriate manner.

Apart from the obvious advantage of selling a product that the majority of consumers will always enjoy, another benefit of the Ben & Jerry franchise is that its net worth requirement is considerably less than other franchised food outlets such as KFC and Pizza Hut. Therefore, as long as you have the commitment and capital to back up your interest, it is an opportunity worth considering.

The coffee franchise business opportunity has grown in popularity, especially in the last five years. The reason? Demand is on the rise. Coffee consumption has increased dramatically over the years and specialty coffee is all the rage.

When investors see statistics like the fact that half of adults in the United States consume over 4 cups of coffee each day — it gets them excited. In this article, we will discuss what you need to know before buying a coffee franchise business.

Demand is a good indicator that investing in a coffee business is a smart financial proposition. However, there is more to it than just having demand. When somebody wants coffee, they have to choose between several different options. What will your business you invest in offer them that they can’t get anywhere else and that they want?

You have to make sure to invest in a franchise that offers a valuable competitive advantage in the marketplace. Otherwise all the demand in the world won’t help — it will be met somewhere else.

When looking for competitive advantages evaluate what other coffee businesses in your area are going after. The marketplace. For example, let’s look at the leader, Starbucks. You will probably have considerable trouble trying to compete with them for their market share.

However, who says we can’t go after another share of the market? For example, you could put up a drive through coffee franchise right across the street from Starbucks and probably be successful.

Why? Because your target market are the people who are more concerned about quickly purchasing a cup of coffee than they are about enjoying the atmosphere and personalization offered by Starbucks. That is an example of a competitive advantage.

This is one of the most important factors to evaluate before purchasing a business. In addition to demand and competition you need to educate yourself on the options available to you. This means knowing what kind of budget you have to work with and the various franchise opportunities that are available within that budget.

There are different answers for different budgets. For the small budget, you can consider a coffee kiosk. A medium-size budget may be perfect for a coffee drive through business, while a bigger budget can be used to invest in a franchise with an established brand name.

Keep these facts in mind when evaluating different possible investments in the coffee franchise business.

Every once in a while comes the opportunity of a lifetime. An opportunity that gives you the chance to please yourself and others is hard to find. When you decide to open up a coffee shop you may want to go on your own and try to do everything or you may want to consider a coffee shop franchise to get yourself started. There are several pros and cons to a coffee shop franchise opportunity and you have the choice to weigh your options and go with the best opportunity for you. If an opportunity is knocking, you do not want to pass it up.

Pros of a coffee shop franchise opportunity
When you choose to go with a coffee shop franchise you will not be alone in your new business venture. The coffee shop franchise company wants to see you succeed and to do that they will coach you and help you every step of the way. They will teach you about all the products they offer, how to manage employees, how to handle all the business activities, ordering supplies, and what to look for or avoid. Your franchise manager or coach can make your new business run as smooth as can be while giving you all the information that you will need in order to continue after they leave. A franchise will usually provide you with one week to two weeks of training. First you will experience the business opportunity by visiting one of the successful franchises already established. Then a coach or manager will come to your location and help you during the first few days or week.

The cons of a coffee shop franchise opportunity
There are always good points and bad points to any business. The bad points are that each franchise will usually have their own set of rules and regulations. The main downfall, of course, is the amount of money you need up front before your business even begins. Then you have additional expenses as well. Sometimes it makes you feel as though things would have been a lot less expensive if you went on your own but you don’t have the support that will benefit your business in the long run. When you go with a coffee shop franchise, there are several regulations which must be adhered to including declaring the amount of earnings. You must have a certain amount of employees maintained at all times and the business must be run the way that they specify.

Each coffee shop franchise usually has their own site that lists the major rules and regulations so you can get a first hand look at what may be required. This will help you determine if you want to peruse this franchise more or if you feel you would be better off if you went to another franchise.

Coffee shop franchise opportunities are there to help those who want to be their own boss get started with some type of guidance. The benefit of coffee shop franchises helping you is it also gives them a cut of the profit as well. It is a situation where both companies win, the franchisor and the franchisee.