Business franchise opportunities are being examined by those who are considering a career change, dream of being self-employed, and want security as well as control over their future. As successful franchise businesses continue to grow, new jobs are created; therefore, offering hope during troubled economic times.
FranchiseSforSale.com is a great educational resource for aspiring entrepreneurs to learn about the franchise award process. Whether you’re a seasoned entrepreneur or a novice just exploring the possibility of owning your own business, finding the right business franchise opportunity can be a daunting task.
Business Support
The biggest advantage of owning a business support franchise is that most of them operate on a strictly 9-to-5 workday. Excellent customer service and ability to manage time are helpful.
Sell to Business
In a business-to-business or B2B franchise, your clients are other entrepreneurs, business owners and managers, rather than consumers and the general public.
You will be providing products or services, such as accounting, secretarial, cleaning, computer or staffing support, to other businesses.
Business-to-business operations generally follow an 8-to-6 schedule, but can be flexible, and may require you to be available after hours. Benefits include the opportunity for steady monthly income, and long-term clients with contracts that renew automatically.
Who will be successful in a B2B franchise? Someone who doesn't want to sit at a desk all day, likes outside sales, and enjoys networking. If you are not comfortable with the sales process – setting appointments, making presentations, follow up, closing the deal – there are resources available to help you learn.
You may have fewer customers, but higher average sales per customer. Once you build your business, and have an established customer base, you may be able to work only a few hours a day.
Area Development Opportunities
An Area Development Opportunity means that a Franchisor has decided they want to grow in a particular geographic region and are looking for potential leaders in that area.
The Area Developer (AD), sometimes called Master Franchisee, is responsible for finding and supporting new franchisees in their designated market. The Franchisor shares a portion of the franchise fee and the royalties with the AD.
These opportunities have higher start up costs, but they come with greater growth potential and the possibility for higher long-term residual income. As you grow, you may support several franchise units, so you will be working on the business, not just in the business.
With so many different types of franchises available, and more new franchise opportunities being offered every day, FranchiseSforsale.com provides tools and resources for sifting through the information and choosing the franchise opportunity that fits a person’s needs and lifestyle.
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Consider investing in a franchise as well. Although franchises are common with retail businesses they however do exist in many industries and markets including manufacturing. So check around for franchise opportunities in 2012 they could be a viable source of business ventures.
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