The Franchise Business is Alive & Strong

New franchise opportunities are coming to the market regularly and the franchise industry is getting stronger and stronger. Franchise exhibitions are attracting many new exhibitors. Potential franchisees are coming in their droves to look at the many new & old opportunities that are eager to take their cash.

The entrepreneurial spirit is alive and kicking. People from all walks of life and different educational backgrounds are now thinking about going into business. More women are now looking to buy a franchise than ever before. Older people are joining the queue looking for part-time & full-time business opportunities for later life.

The banks and lending institutions are competing strongly to lend money competitively to new franchisees. It has never been a better time to buy a franchise. In some cases, the franchisors are even stepping in to provide guarantees to lenders to enable the franchisee to buy their franchise and set up the business.

Buying a franchise is much safer compared to starting a business on your own. Survey after survey carried out by official franchise organizations and lenders prove that people buying a franchise business are much more likely to still be trading profitably than people who choose to go into business on their own steam.

For those who are considering buying a franchise business, it is imperative that the right questions be asked to the franchisor.

How long has the franchisor been trading?
Are you a member of any approved organization?
What skills are required to operate the business?
How long will it take to recuperate capital invested?
How much turnover will I need to do to breakeven?
Who are your main competitors?
Is the market for your products growing, at a standstill or declining?
Will there be any unexpected fees?
Is there any ongoing training & support?
Which territories are available?
Do I have an exclusive territory?
What assurance do I have that my territory will be protected?
Are there any ongoing fees?
How long is the training?
How many franchisees do they have?
Can I contact all or some of your franchisees?
How many are trading successfully?
How many franchisees have failed in the past?
Why did they fail?
How are disputes handled?
How is marketing done?
What will be my contribution?
What is the procedure in selling the business?
What are the fees involved in selling the franchise?

Bear in mind that a good franchise opportunity will only work if you are prepared for the hard work involved in running a business. It is absolutely vital to find a business that will stimulate you for years to come. Far too many people choose an opportunity primarily based on profitability, rather than choosing the right business for them.

The franchise agreement is the cornerstone of your business and, as such, demands close scrutiny. Legal advice should always be sought to ensure that it is evenly balanced. Some franchise agreements that I have seen are far too one-sided and give more protection to the franchisor than the franchisee.

A final word of caution, even the best franchise will struggle in the wrong territory and marketplace. Always get independent advice from professionals to determine if your ideal franchise opportunity will work in your area.

How to Research Low Cost Franchises

There are many franchise opportunities for people with small budgets. A low cost franchise does not necessarily mean a business with low income potential. Trawling through the franchise market, I have discovered that some of the best franchises only need a small initial outlay.

In some cases it is possible to recover the entire franchise fee in the first year of trading. With many of these businesses, you do not need any premises as you can work from home. This greatly reduces overheads and enables you to reach profitability very quickly.

Another very important benefit of low cost franchises is that some of them can be run full time or part time. This is ideal for people who do not have large monthly outlays and only require a small income to supplement their existing business. Just be very careful when analyzing any new business opportunity. If you cannot see a market for the product then it probably does not exist!

One low cost franchise opportunity specializes in cleaning carpets. They use extra powerful industrial vacuum cleaners to remove 80 percent of the dirt and dust in carpets before applying specialist chemicals which dissolves most of the oily and greasy particles that still remain. Their specialist equipment then removes almost all of the fluids used in the cleaning process. This means that your carpet is bone dry within a couple of hours.

Householders benefit because they get their carpets cleaned to a high professional standard at a reasonable cost. This then leads to repeat business possibly every couple of years for the franchisee and his reputation spreads quickly by word of mouth. The franchisee also benefits from professionally created marketing material including leaflets and business cards.

This business also benefits from positive cash flow as the franchisee gets paid for his work on completion and he receives generous term from his suppliers for his cleaning materials. The ideal franchisee for this company is a person who is still relatively strong and does not mind the hard physical work involved.

Another franchise for people with low budgets specialize in bringing single people together. Again this business can be managed from home. The franchisee has to follow a predefined local marketing programs that generates enquiries. This is then followed by a professional consultation so that a suitable match can be found.

This franchise requires people who have decent communication skills and are very presentable. This business is ideal for people who sincerely like to help other people and do not mind networking. The one downfall of this business is that if you do your job properly then you will not get any repeat business although you might get referrals!

Another interesting business opportunity is providing asset finance (lease & hire purchase) to local businesses. Again you do not need expensive premises (and can possibly work from home) but an aptitude for basic arithmetic definitively helps. If you already have many business contacts then this might be right up your street!

This business targets a very specific niche in business and has well proven marketing strategies to help you identify your most lucrative clients. The best factor in this business is that you can generate a lot of repeat business with the same client and if the business is handled correctly then most of your new clients will be generated by referrals.

In this type of business you will most definitely have to be prepared to learn new skills and some cold calling is required. From the point of initial contact to actually generating new business might take months and in some cases years. Patience is a virtue in this business.

My advice to anyone thinking of buying a franchise is:

-Do not just think about the earning potential.

-Find a business that suits your personality and lifestyle.

-Always take professional advice before embarking on a new business.

-Be prepared to “go back to school” and learn new skills.

In short, if you have a small budget, are prepared to learn new skills and choose the right niche, then one of these opportunities could work for you.

Franchise Profile: Taste Buds Kitchen

Have you been to your local Taste Buds Kitchen yet? Taste Buds Kitchen specializes in fresh and unique cooking events. The franchise has a mission to be the top culinary entertainment experience for kids and families by engaging and delighting budding chefs.

What began as a few holiday baking classes and cupcake making birthday parties, quickly evolved into much more. TBK’s culinary adventures includes an ever-growing variety of classes, parties, camps and special events that combine a well-balanced mix of engaging recipes, both savory and sweet, as we take to the kitchen to sprout taste buds and a good time for all ages.

Taste Buds Kitchen is proclaimed the “Best Kids Cooking Class” by New York Magazine and featured as the must try activity by CBS, NBC, The Wall Street Journal, Fox, The New York Times, Hampton Magazine and more.

Franchise Opportunity

Taste Buds Kitchen provides a great opportunity to own a business that is exciting AND delicious. By joining the Taste Buds Kitchen family, you can capitalize on the popularity of their concept by opening a Kids Kitchen in your community.

The Kitchen
Taste Buds Kitchen is an amazing Kitchen Studio designed and built just for kids.  Tables and chairs adjust for kids and adults of all ages and kitchen utensils are located on lower shelves so that the kids can reach and take part in the whole kitchen experience alongside chef instructors.

With your franchise you will receive a design and construction specification that will give you all the details on how to build your own Taste Buds Kitchen!

You’re in Good Hands

TBK has designed a system to assist their franchisees from the day they sign the franchise agreement through their pre-opening, grand opening, and through the life of the business. Training is held at the corporate kitchen in New York City. The program includes both time in the kitchen and hands on training in important areas such as marketing and sales, administration, operations, customer service, human resources and, most importantly, cupcake decorating.  To assist in creating an environment of success, TBK will provide assistance and sometimes have final approval on the following items Site Selection, Accounting Software and Systems, Content development, Advertising and promotion, Marketing strategies, and Ongoing Branding.

Interested in learning more? Check out http://franchiseclique.com/franchise/Taste-Buds-Kitchen

 

Hyperlocal Marketing: What is it and how can it help your business?

There has been a lot of talk recently in the marketing world about a new concept: hyperlocal marketing technology. Hyperlocal marketing uses the GPS feature and a mobile app on your smartphone to send targeted messages from a nearby franchise. The marketing is hyperlocal because the messages are for a small, specific area. This specific area can be specified through setting virtual perimeters around a specific location, an action referred to as “geofenching”.

Geofencing technology allows businesses to track when customers enter a defined area nearby their location through the GPS software on a person’s smartphone.

This technology means big things for a franchise.

Say you’re a Papa Murphy’s franchise in the Charleston,SC area. You can set up specific perimeters around your location so that when someone enters your virtual “fence”, you can send that discounted pizza coupon directly to them via their mobile phone. As they are within say one mile of your business, they will receive an alert on their phone with the pizza coupon and, hopefully, stop in at your shop. The key here is that these are also customers who have opted-in to receive offers; therefore, you are reaching a market of people who are already interested in special deals and offers.

The rapid growth of smartphone technology has delivered an entirely new platform to marketers. Businesses are now reaching customers in ways never thought possible in the past. How can this be translated to your business?

What are your opinions on hyperlocal marketing? Do you think that this could lead to an overflow of information to customers, causing them to become disenchanted, or is it an effective marketing tool that has an ever-growing presence in our future?

Franchise Profile: Ziebart International

For over 50 years, Ziebart International has developed its own renowned products and technology to protect vehicles against such damaging elements as dirt, pollution, heat, ultraviolet rays and rust.

Ziebart International Corporation is headquartered in Troy, Michigan, representing a global franchise network of vehicle appearance and protection services for over 53 years. The company was founded on rust protection in 1959 and currently operates 400 locations in 30 countries with over 800 processing centers worldwide. Ziebart is the world’s leading name in automotive services that protect, preserve and enhance the appearance of cars and trucks.


Ziebart
offers superior proprietary products and services and a diverse business model. Specializing in professional automotive detailing, window tinting, paint protection films, fabric and rust protection, sprayed-on bed liners, glass repair, scratch repair and accessories, Ziebart is recognized as the No. 1 franchise in the automotive appearance services category by Entrepreneur magazine and is ranked #122 out of 200 of America’s Top Global Franchises. For 2012, Ziebart ranked #153 in Entrepreneur’s Franchise 500.

Are You A Good Fit? Ask Yourself These Questions:

  • Do you have the entrepreneurial desire to be in business for yourself but not by yourself?
  • Are your interests aligned with the automotive aftermarket industry?
  • Are you sales oriented and driven to succeed?
  • Would you embrace commitment to follow a proven business model that will guide you to reach your full potential?

If you answered ‘Yes’ to any or most of these questions, please click the following link to learn more about the Ziebart International opportunity: http://www.franchiseclique.com/franchise/Ziebart. Use the form on this page to submit your contact information to have a Ziebart representative contact you.

A Healthy Choice: Wok Box Fresh Asian Kitchen

There are plenty of lunch and dinner choices to make when you’re looking for Chinese food, Japanese dishes and other Asian food specialties. As a franchise operator, wouldn’t it be convenient if your customers could find all of their favorite Asian dishes and other exciting new specialties under one roof?

Wok Box Fresh Asian Kitchen has put together a delicious variety of flavorful and healthy meal choices from popular Asian regions all in one menu. Expect favorites from Thailand, Malaysia, China, Singapore, Vietnam, Japan and many more. Wok Box Fresh Asian Kitchen’s lunch and dinner selections are made to order with fresh ingredients and unique sauces made exclusively for the Wok Box in their test kitchen.

The Wok Box pioneered the concept of freshly made pan-Asian food in Canada and packaged it in a quick serve restaurant model that fits into 1,200 to 1,500 square feet. Their growth has attracted abundant interest from would-be franchisees across Canada, resulting in more than 70 stores opening in three years.

Their diverse menu selections appeal to many tastes and attract both lunch and dinner customers. The restaurants are designed to create a comfortable, pleasant and unique Wok Box experience, encouraging customers to return often. But why limit your opportunities to serving dine-in customers only? Their Group Share menu selections encourage family style dining that easily lends itself to take out ordering too. Their customers enjoy the convenience of picking up their favorite menu items on their way home, so they can serve their family with practically no effort at all. Boost your sales further with Wok Box’s extensive catering menu. Give customers the opportunity to think of you when they need to cater a family gathering, business meeting, birthday party or sporting event.

With a management team boasting many years of practical hands-on experience, the Wok Box offers comprehensive support to its franchisees, starting with helping you understand how their markets are laid out, and then guiding you through the real estate process where you choose your store location. They will make sure you build a beautiful store complete with their interior designs and colors, tiled walls, big screen televisions and a unique and inviting kitchen design.

 

To learn more about the Wok Box franchise opportunity, please click the following link: http://www.franchiseclique.com/franchise/Wok-Box-Fresh-Asian-Kitchen.

Franchise Profile: The Grout Medic

 

The Grout Medic, in response to exploding customer demand, was founded under the commitment that their company could provide customers a viable, long term, cost effective, alternative to replacing tile and grout.

 

The Grout Medic is the leading grout & tile restoration franchise with over 40 locations across the US. Their franchise owners come from all walks of life, but they all have the same common goals; to gain control over their future and provide a better lifestyle and opportunity for themselves and their families.

 

At The Grout Medic™ their goal is simple – To create an opportunity to allow motivated, hardworking, business-minded individuals a low cost, high margin path to success. In doing so, The Grout Medic™ has become a leading grout and tile repair service with a cost effective, highly profitable, operating system offering a valuable service to their customers with very little competition. The Company’s foundation is based on solid business principles, extensive training and post operating support and, most of all, their experienced and dedicated people.

 

 

The Grout Medic Difference:
The Grout Medic has an industry leading approach to grout and tile restoration which has been one of the major factors in its success. They use exclusive equipment including their vapor machine and electric grout removal tools, as well as techniques and exclusive product lines to position The Grout Medic as the leader in the industry. The Grout Medic also employs a number of “green” practices in line with the current consumer demand.

 

To find out more about this amazing franchise opportunity, please visit the following link: http://www.franchiseclique.com/franchise/The-Grout-Medic. An online form may also be submitted for more detailed information.

Women and Franchises: how to pick the best one for you

Every woman is unique. If you have made the decision to be self-employed, but are still mulling your choices, consider opening a franchise. The multitude of possibilities out there means that there is bound to be a franchise that’s right for you and reflective of your unique personality. There are many steps to think about, so let’s dive right in.

 

What kind of franchise opportunity should you choose?
As a woman choosing the best opportunity to pursue, maximize the benefit of your point of view- the woman’s point of view that is. There are plenty of business avenues where your perspective as a woman gives you a competitive advantage. From automotive maintenance to home maintenance, women have their own perspective on researching and buying a product or service. Utilize this and your sales will benefit as a result.
Some of the specific franchise areas that would benefit from a woman in charge are:

Women’s fitness;
Women’s dietary supplements;
Women’s health products or services;
Fashion retailer;

The list above is intended to get your ideas flowing. Knowing what a woman wants with regard to certain products is a valuable viewpoint for most business ventures, so take this knowledge to the next level with the following step.

 

Stick to your strengths!
Next, consider your strengths and abilities. You want to match your talents and interests with the franchise that makes the most sense for you.

 

Consider these questions:

Is there an area in which your friends always ask you for advice?
Did you gain expertise or a skill-set in a previous job?
What are your interests and passions?

 

Keep your strengths in mind when shopping for a franchise. You want to be in a business that you enjoy and will stick with.

Make a list of your top 5 choices, and then contact them –
Contact the franchisors (the owners selling you the franchise rights) that interest you the most. Emphasize any management and sales experience that you have. Making sales is the heartbeat of any franchise, so align your passion for the product with your previous experience and skills.

 

Balance –
If you have a family or other responsibilities, look into franchise opportunities that allow you to better balance the work and home aspects of your life. A franchisor should help you establish whether opening a store an acceptable distance from your home is feasible. Business planning and education are part and parcel of buying a franchise, and the franchisor should help you in this regard.

 

Startup cost and experience-
Each franchise has a cost to buy into the opportunity. Evaluate your top choices, keeping in mind the amount of your initial investment. Ask about how other franchisees are faring, sales-wise. This will help determine the length of time it may take to get back your investment, as well as giving you a snapshot of the health of the company. A strong record of sales will help reduce your risk. Remember to ask the franchisor about any previous experience that is required.

 

Get Started –
Prospective entrepreneurs have many resources at their disposal. Businesses ranging from unique candy and fashion retail to educational services and tax preparation await those women motivated to become successful owners of a franchise. To learn more about these and other franchise opportunities available, please visit www.franchiseclique.com.

Sandfree Wood Refinishing Has Officially Gone Green

Sandfree Logo

When Sandfree Wood Refinishing first opened its doors in 2001, they made sure to choose specific products that were not only effective, but were also safe for both the environment and their employees.

Sandfree founders did not anticipate the “green” movement and began their search for “green” products when they began working with the Philadelphia Museum of Art. At the time, the Museum was concerned that working with toxic fumes inside their buildings would have adverse effects on the art.

 

Sandfree Wood Refinishing
To become certified as carrying only green products, Sandfree did not have to change any of their materials or methods, they simply had the right people test their materials and document the information, so that they now can ‘officially’ declare what they have always known to be green, as officially GREEN.

On top of their Green guarantee, SandFree assures customers that their floors can be refinished without all the dust, mess, and disruption that a traditional sanding, staining and refinishing causes. The green cleaning franchise offers a variety of finishes that retain the floor’s appearance for up to 8 years, without using harsh chemicals.

Sandfree Wood Refinishing

Sandfree franchisees are able to offer customers an array of options to enhance, protect their home’s floors and make them last longer. Owners who prefer to remain in their home during the refinishing process may do so without worrying about toxic fumes. Although Sandfree was initially intended for commercial use, the franchise’s customer base has expanded extensively to include a wide range of residential customers. This gives the SandFree franchisees an almost infinite number of potential customers in any location!