How to Explain Franchising to an Entrepreneur

Published on Jan 27, 2016

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PRESENTATION OUTLINE

How to Explain Franchising to an Entrepreneur

There are many people who are completely satisfied with working for others. You’ll find plenty of good reasons to land a job with a good company and there is nothing wrong with building a career that way.

However, there are others who consider themselves an entrepreneur. These are the people who start companies and won’t be satisfied until they can create a business of their own. One of the ways an entrepreneur can build up their business prospects is through investing in good franchise opportunities.

Topics of Discussion

  • Franchise Basics
  • Franchise Benefits
  • Franchise Operation
  • What is the Best Franchise to Purchase?

1. The franchise business you invest in is your own business. You’re just using a proven method of sales that is tied to your franchise agreement. Think of it as moving into a furnished home. You wouldn’t have to go shopping for anything and you can be comfortable right away.

2. Investing in a franchise means you’ll be getting the complete package. From assistance with your real estate lease to the construction of your store and the training of your staff, you’ll have all the help you’ll need to get up and running. That help is provided by the parent company who owns the franchise. The good news is that they’ve set up dozens if not hundreds of good franchise opportunities before you. They know how to get the job done!

Photo by Thomas Hawk

3. Once your franchise business is up and running, you won’t be left alone. You’ll have a personal representative from the parent company who will act as a kind of guidance counselor. This is the person you can turn to for answers to any questions that will pop up along the way. That includes hiring and firing of staff. Yes, you’re the boss now and those are the decisions you’ll have to make with your good franchise opportunities.

Disclaimer: 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 or want to locate a franchise in 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 state. Franchise offerings are made by Franchise Disclosure Document only.