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To Franchise or Not to Franchise!
Everywhere you look today, you see FRANCHISES! In fact, financial experts have indicated that franchising is the "wave of the future". In the next 10 years, franchising could comprise over 50% of the retail economy and employ millions of people. This growth should be anticipated based on the simple logic of the underlying concept. Franchising offers success, with the least amount of risk to aspiring business owners. Franchises will enable hundreds of thousands of new business owners realize the dream of successful business ownership and financial independence.
The Franchising industry stands to do well in light of the economic recovery in the United States. According to the International Franchise Association (IFA), Forecasters expect U.S. real GDP to grow by 3.0 percent or higher following an estimated growth of 2.8 percent in 2010. Franchising is set for stronger growth in 2011 with an estimated growth of business format franchises set to expand from 765,723 in 2010 to 784, 802 in 2011 (PwC), a 2.5 percent increase.
So what is stopping you?
Are you like many other people and simply don't know where to start? Are you asking yourself the following questions?
- I want to start a business, but I don't know what kind?
- There are over 1500 franchises available, which is the right one for me?
- I don't have any experience in running my own business; can I get the training?
- Can I get support after I get my business started? How much investment will I need?
- Can I finance any of my investment?
- Do I need to operate the business or can I hire someone to run it for me?
- Can I open more that one unit?
Encouraging Facts About Franchising
- Landlords love franchises. With a 97% success rate, the franchise is the only tenant the property owner wants. Best locations = Most successful business.
- A very recent Franchise Times magazine survey of franchise owners found that an amazing 90% would recommend franchise ownership! What a landslide.
- A study by The United States Chamber of Commerce found that 86% of franchises opened within the last five years were still under the same ownership and 97% of them were still open for business.
- A U.S. Department of Commerce study showed that during that time less than 5% of franchise businesses were closed each year.
- A U.S. Small Business Administration study found that 62% of non-franchised businesses closed within the first 6 years of their existence due to failure, bankruptcy, etc.
- Total sales by franchised businesses are projected to reach over $2.2 trillion this year.
- 1 out of every 8 businesses is a franchised business.
- A new franchised business is opened every 8 minutes of every business day.
- Franchises account for 42% of all retail sales, a number expected to grow to 50% in the next decade.
So What Are You Waiting For?...
Spot Light
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Exactly what is a franchise opportunity?
A franchise is an established business operating under authorized permission to distribute or sell goods or services offered by the franchise company. You can find detailed information on a full variety of franchises for sale. This web site includes a range of franchise information, along with advice, request forms and our directory of categorized franchises. Feel free to review/research top franchise businesses and request information for all of your franchising interests. We compiled a comprehensive directory of franchise opportunities, including information resources on businesses for sale and franchise consulting connection services.
Read through profiles on our popular franchises for sale, research top franchise opportunities, review details about how to obtain your own franchise. After reviewing this information, simply fill out a request form to get in touch with a franchise broker They're ready to help answer questions about franchise businesses for sale and answer all of your franchising questions and concerns. A Franchise Consultant can guide you to the best matched franchise opportunity for you.
Notice: Business opportunities, franchise opportunities, businesses and franchises on this web site are not to be considered an "offering." We always recommend seeking financial consultation, advice of a lawyer or accountant before deciding to purchase a franchise or business opportunity. Submission of the form means that you agree to the terms and policies of the franchise and business offerings listed here.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre‑sale registration and disclosure requirements in your jurisdiction. In addition, content is not directed to residents of the state of Nebraska.
