Business,Franchise,What,You,Ne computer Business Franchise: What You Need To Know
----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc
Anentrepreneur has many business propositions to choose from, to becomethe master of his own destiny. The prospective uncertaintiesunderlying any new business venture, makes a secure future seemdifficult, if not impossible. So, starting ones own business mightnot prove as profitable, as opting for a business franchise for alarge established company. This article elucidates why largecompanies offer franchises and the advantages an entrepreneur incursin opting for such a business plan.Someof the reasonswhywell established companies offer franchises are:Tocapture market shareTohave a wider customer-baseTobecome the majority player in an aggressive marketToexpand their commercial activitiesTocreate an awareness of their brand amongst consumersTopenetrate hitherto unknown markets Toput in place an interactive environment of information-sharingThereare many advantagesof opting for a businessfranchise.Settingup a franchise is easy due to the support from the parent company.The entrepreneur:Usesa proven business model, which ensures success, and so failure ratesare lowGetsenormous promotional supportCanavail of superior management systemsReceivesample administration supportIsable to access ongoing training programsReceiveshelp for meeting initial financing needsAcquiresbulk purchasing powerCapturesgreater market share due to the already established brand imageIsprivy to already well researched marketing tools.Receivesdevelopment assistanceCanavail of latest technological advancement in the relevant fieldReceivescontinuous assistance in brand-buildingGetstrouble-shooting guidanceBuildsup on an existing knowledge-baseTheentrepreneur need not pay exorbitantly for this. He needs to give aspecified licensing fee, depending on the government rules andregulations, specific to the country, in which the franchise is beingtaken. It also charges a monthly fixed or variable operating fee, aswill be agreed upon, befitting the business plan of the parentcompany.Theentrepreneur works under a parent company and can make use ofestablished business ideas. It is very interesting to note that atthe same time, he can also take independent decisions, suited to hisown commercial enterprise. So in this competitive corporate world, itmakes sense for an individual, to choose a successful franchisebusiness, instead of trying to run a stand-alone business with noguarantee of success.
Business,Franchise,What,You,Ne