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Franchising

Franchising refers to the practice of using a successful business model of another company. For the franchisor, a franchise is a substitute to developing ‘chain stores’ to distribute goods and avoid liability and investment over a chain.

1,429 Questions

What are some companies that offer home based franchise opportunities?

Some companies that offer home based franchise opportunities are Oxi Fresh Carpet Cleaning and Prime National Credit Repair. A few other home based franchise opportunities are Aloette Cosmetics and Kinderdance.

Where can one find a small franchise business?

A person can go to the website Franchising to look through a list of many small franchise opportunities. One can view top franchises or particular ones, like a small store or restaurant?

How much does a footlong sub cost at a Subway franchise?

The cost of a foot long sub from a Subway franchise will vary by location. However, most consumer's find the cost of a food long to be a fairly reasonable price.

How much does a Royal farms franchise cost?

I would like to know how much it cost to franchise Royal Farm?

Is Wawa a franchise?

WaWa is not a Franchise. I have talked with them about Franchising their business in the past.

How much to buy a franchise?

Depends on whether you wanna buy a McDonald's or the New England Patriots?

What are the most lucrative small business franchise opportunities?

There are several lucrative small business franchise opportunities. The ones with the highest profit potential include eldercare service, consignment shop, tutoring service, and mobile app developer.

How can one own a franchise of Souper Salad?

To become an owner of the franchise Souper Salad you must make an investment. The estimated initial development costs of a single restaurant range from $625,000 dollars to $892,000 dollars.

Where can one find Fish Window Cleaning franchise offices?

One can find Fish Window franchise offices at 250 locations worldwide. To find one nearest your location one can go onto Fish Window Cleaning's website.

What popular fitness franchises offer summer packages?

There are a few popular fitness franchises offering summer packages. Some fitness franchises offering summer packages would include Fitness 1440 or Retro Fitness.

Where can one get help with financing a franchise?

The majority of banks will help to finance a franchise business. Many banks are willing to lend money for a franchise business since the business is considered safe. A person must set out a good business plan to the bank of their choice.

Where could one learn about franchise marketing?

A person can learn about franchise marketing from several places. Some of these include Franchise Marketing Agency, Entrepreneur, Investopedia, and The Franchise Builders.

What were the top franchises in 2012?

According to the Entrepreneur website, some of the top franchises from 2012 were Hampton Hotels, Subway, McDonalds, and Supercuts. For a full listing check out the official Entrepreneur website.

Where can one find information on franchising your business?

There are a number of websites which offer step by step instructions on how to go about franchising a business. Another way of finding information is to look at business related books at libraries or bookstores. The final way of getting franchising information would be to speak to a business adviser.

What is the importance of franchising in your economy?

Franchising plays a crucial role in the economy by promoting entrepreneurship and creating job opportunities. It enables individuals to start their own businesses with established brand recognition and proven operational systems, reducing the risks associated with new ventures. Additionally, franchising stimulates local economies by contributing to tax revenues and supporting local suppliers and services. Overall, it encourages competition and innovation while providing consumers with diverse products and services.

Do many hotel chains offer franchise opportunities?

There are a good number of hotel chains that offer franchise opportunities. Hilton, GrandStay and Hampton are brands that are constantly expanding their empire.

What does franchise development mean?

Franchise development means the increasing of the number of outlets that are held under the umbrella of that store name. Each one will be managed and owned by the franchisee but they pay for the goods and services and to have the company name and advertising.

Where can one buy a franchise?

It is difficult to know how to answer this question without knowing what type of franchise one is wanting to open. As an example, one would contact Starbucks if one wanted to open a Starbucks franchise, but one would contact Subway if one wanted to buy a Subway franchise.

What stores offer a retail franchise opportunity to entrepreneurs?

There are several stores that are actually franchises. One can look into owning a Cartridge World, Radio Shack, a UPS store, Ace Hardware, Circle K, Edible Arrangements, GNC, Petland, Play It Again Sports, and many more.

Where can one find good franchise information online?

One can find plenty of franchise information on the websites of the International Franchise Association, Franchise Direct, World Franchising and Franchise Information Services.

How could one apply for a YoYo's Yogurt Cafe franchise?

One could apply for a YoYo's Yogurt Cafe franchise via the YoYo website, where one would find information, assistance and an application form about franchising.

How much does it cost to franchise a Pizza Inn?

The cost of franchising a Pizza Inn generally depends on the type of service you wish to provide; whether it be buffet or express. For a buffet the price would be around twenty five thousand dollars, and for an express the price would be around five thousand.

What are the risks involved in buying a franchise?

1. Initial franchise costs 2. Outrageous royalty fees from franchise 3. Inflated raw material costs from franchise 4. Little or no financing for your franchise 5. Competition from other franchises 6. No room for creativity (complete control from franchise)

How many restaurants are there within the KFC franchise?

There are over 37,000 KFC restaurants all over the world. They exist in more than 120 countries worldwide. They have been featured in Fortune 500 magazine as one of the leading restaurants in the world.

What is first step in franchising a business?

The first step in franchising a business is identifying what areas your business can branch out into. You need to remember that you are selling opportunity to any potential franchisee.