Franchise,Opportunity,Question business, insurance Franchise Opportunity Questions to Ask the Franchisor - Ho
Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc
Normal 0 false false false EN-US X-NONE X-NONE Finding The Right FranchiseWhether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, orseniors' services, there are Franchise opportunities available to evaluate.There are great Franchise systems, good Franchise systems, and bad Franchisesystems. The challenge is to ask the right questions to find the right systemthat will fit your goals and dreams. The key is to ask the questions - andlisten closely to the responses. Only then can you determine if the Franchiseopportunity is the right fit for you. So whether it's food services likeburgers or coffee, professional services like telecom or IT, or manual serviceslike cleaning or oil changes, ask the questions and record the answers.How Big Is The Market?The Franchisor should have a good handle on the available market for theproduct or service that you will be offering as a Franchisee. Presumably theFranchisor has done extensive research on the current market size, as well asthe potential market size for the future.The Franchisor should be willing to share that information with you so youcan assess the data to make sure that the opportunity is going to be ofsufficient size to satisfy your own goals. You may have to sign anon-disclosure agreement first, but the information is important to you, so itmust be assessed. The whole idea of Franchising is to ensure that the goals anddreams of the Franchisee, and those of the Franchisor, are unified. If themarket availability will allow for strategies to be implemented by you, whichare consistent with your goals, and those penetration goals are congruent withthe Franchisor's goals, then all is good.If it's a long-standing and stable market, then there should be plenty ofstatistics to back up that conclusion. If it's a new and burgeoning market,there should be analysis that you can assess to give you a comfort level thatyou, together with Franchisor, can go get a significant share. If it's a fadmarket, or limited life market, then the strategies should reflect that, asshould the agreements. The caution is that if the Franchisor is wishy-washy about the market, or isunwilling to discuss the issue in depth with you, that should be a significantwarning sign.To receive a free copy of an E-Book titled 'Franchise Opportunity - MakingThe Right Decision' by Dennis Schooley, email that request to [email protected].
Franchise,Opportunity,Question