How To Find The Top Franchise Opportunities

By: steven smith

America is a great place. A business in the United States or Canada can be started in no time at all. In the past few decades, starting a business has been made much easier with the number of franchise opportunities available to the public. Finding the top franchise opportunity to start a business in is not an easy task. There are countless numbers of franchisors out there eagerly waiting for you to sign their franchise agreement, but which one should you choose?

You have many options to choose from including the following: Food Franchises, Business Franchises, Automobile Franchises, Daycare Franchises, Fast Food Franchises, Retail Franchises, Hotel Franchises, Travel Franchises, Home-Based Business Franchises, and even know Internet-based Franchises.

The opportunities are endless for eager business owners. The walks of life that prospective franchise owners take are from all different paths. Frustrated corporate workers, previous business owners, college graduates, even teachers choose the Franchise route. Why do they choosing franchising?

Well, the statistics speak for themselves.

-Less than 4% of franchises fail in their first year of operation

-90% of franchises are said to still be in business ten years after opening

Independent start-ups, also known as small business opportunities are a bit different, well actually a lot different.

-38% cease operation in twelve months of opening

-90% are out of business by the tenth year

With the comparison of those two statistics alone, it is plain to see why people choose to go the franchising route versus just a small business opportunity.

The Franchisors provide the franchisee with great support, products, training, and assistance in marketing.

Marketing is a crucial factor for franchises to gain market share within the first couple of years. If nobody knows about your business, it is hard to gain customers. The Royalties are supposed to help in regional and state-wide advertising efforts for the franchisee. The percentage that is used for advertising varies from franchise to franchise, but generally it is around 2-3%.

It is my belief that independent start-ups or small business opportunities fail so quickly due to the lack of marketing and exposure. The owners get discouraged very quickly and close up shop before investing too much time and money. This is unfortunate, because many of these businesses are great ideas and could offer a great value to the customer- many times even better then a franchise opportunity could offer.

Why should you team up with a franchisor? They have the know-how, money, and most importantly the established name that you need for your business. Just think, if you were driving into a shopping complex to grab a bite to eat at a sandwich shop, would you pick Quiznos or Big Johns Subs? Well, an astonishing 79% choose the name they recognize, Quiznos. Why is this? They have seen it on TV, newspapers, billboards, and local fliers. On top of that, Quiznos benefits from viral marketing. Viral marketing means basically word-of-mouth. There is a buzz that goes out about the company that makes them more popular than any other advertising technique.

Basically, without being behind a popular franchise you are putting yourself at a serious disadvantage.

I recommend thoroughly researching any franchise opportunity you are thinking about investing into. Make sure they have good market presence, management support, proper franchise fees, and most importantly a good number of currently franchised units.

If all those factors are in place and the finances in your life are in place, then it is time to take the leap to franchising. It is a great path my friend, work hard and you will once and for all be self-employed for the rest of your life.

Article Source: http://www.bigfreearticles.com

About the Author:
Steven Smith is the expert columnist and article writer for Low Cost Franchises. Best Franchises shows the Top Franchises, news, and articles via its directory site.

Tags: franchise, franchise opportunities, business owner, new franchise, best franchise, top franchises

Please Rate this Article

Comments

Share This Article - Quick and Easy Using This Button:

Click the XML Icon Above to Receive Uncategorized Articles Via RSS!

Read More Articles From - Home | Uncategorized

Leads Good or Bad You Happy or Sad By: Gregg Forscher - You probably all know what a lead is. It is someone who is interested or potentially interested in the product or service that you are selling and is someone that by some means you have found they may be interested.
Tags: web content, website content, articles, article marketing, leads
How To Get Your Ex Boyfriend Back - The Indirect Sly Approach By: Jason Bo Han - Why do good things need to end? Why do the great times pass so quickly? Why can we not have the ones we love with us forever? These are some situations that you wonder about incessantly. Do not worry; you are not the only one. No man is an island, and we all intend to have people to live with. We need to love, and we need to feel loved.
Tags: how to get your ex boyfriend back, get ex back, win ex back, getting back together
Dealing with Societal Prejudices Relating to Women in Bodybuilding By: Dane Fletcher - Women are the main victims of the misconceptions that the society uses to discourage some practices. Whereas there are many more hurdles which come in the way of the modern bodybuilding woman, the advancements in favour of women are overwhelming. More research is being done to investigate the ways in which the potential which will lead in a more organized and controlled manner. The bad reputation of bodybuilding has resulted from the abuse of steroids among almost all the shining stars of the bodybuilding industry.
Tags: women, females, bodybuilding, training, exercise, bodybuilder, prejudices
Helpful Tips That Can Help You Increase Your Bench Press By: Dane Fletcher - The very first tip emphasizes the need to sturdy the bench press by means of basic chest exercises. This calls for the bodybuilder to really work on the most basic of workouts that are renowned for their ability to increase the power and size of the chest muscles. Here we are talking about things like the bench press, obviously, the dips and the inclined presses etc. Building the chest muscle requires nothing fancy.
Tags: bench press, plateau, max, muscle, weightlifing, fat, chest
Benefits of Investing in Bulk Foreclosure By: Art Gib - While many are battening down the hatches in these trying economic times, others are seizing the opportunities that are presented through this financial situation. With foreclosure at an all-time high, many banks cannot get the money they need because they have too many foreclosures on the books. They need to dump these properties -- and dump them fast -- which is why bulk foreclosure has become such an attractive investment at this time.
Tags: bulk foreclosure
How to Find the Right Home Health Care Provider By: Art Gib - There may be times when you need home health care for someone in your family, whether it is an elderly parent who wants to live independently for as long as possible or a spouse who is recovering from major surgery. Since home health care is not something that most people have much experience with until a need arises, it can be difficult to know how to choose a home health care provider.
Tags: utah home health care
Siding Cost - Stick To The Budget By: Matthew Stanton - The way a house must look most often counts a lot for its owners and dwellers. It is because it does not only reflect the personality of people in it but it also does a lot for their convenience and comfort. Thus, no matter how much it would cost them, house owners would never dare to gamble for how their special abode must look.
Tags: siding cost
Bridal Shower Parties And Bridal Shower Favors By: Matthew Stanton - Bridal shower is a primarily North American custom. Only the Americans and the Canadians are known people who practices bridal shower party to a considerable extent. Bridal shower brings with it some other forms of derivative customs such as the gifting of bridal shower favors to the bride. However, bridal shower was not necessarily of North American origin. There were stories about the custom of bridal shower in Brussels, Belgium during the 1860s.
Tags: bridal shower favors
Facts About Peacock Bass Fish By: Art Gib - If you have never heard of a peacock bass fish, you are in for a treat. You can have three of the best points of fishing -- great taste, variety, and an enjoyable fishing experience -- all in one. The peacock bass comes in six different varieties. What they have in common is that the peacock bass is plentiful, and makes for delicious eating. Bass is one of the best-tasting types of fish in general.
Tags: peacock bass
Construction Management Software Towards Making The Construction Business Easier To Handle By: Matthew Stanton - The advent of technology has given us a lot of things nowadays. Our everyday responsibilities and activities are made easier, and paper works and researches are made more convenient to partake. Technology also offered us the emergence of various software programs that help us make our different endeavors a lot easier to handle. There are language software programs, educational software programs and the program that we will explore, the construction management software program.
Tags: construction management software