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6 Reasons To Buy A Franchise

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6 reasons to destroy 6 wrong assumptions about franchising, by Josan García CFE, lawyer and consultant in Franchising

Published in: Business
  • While I agree that these are true for a GOOD, honest, and, strong franchise system, I would have to say that a lot of franchise systems do not align with these 6 things. It's a shame, because a good franchise system certainly can be a great opportunity, but greedy franchisors make it hard not to get stuck in a bad contract.
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  • In an economy with continuing fluctuations, it can be difficult to decide how to import revenue. As people we are always looking for the next best way to make money. There is a website that enables you to look at the current revenue holders in a franchise. FranchiseExpo.com is easy to navigate and offers many options and resources for starting a secure franchise. There are numerous categories to choose from and they even allow for advertising. For more info check out www.franchiseexpo.com
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6 Reasons To Buy A Franchise

  1. 1. Why It would be a smart thing to buy a Franchise Or six reasons to destroy six assumptions about franchising
  2. 2. Assumption: Franchise System Reality: The System provides you force you to follow the System help & service all the time Rules If you do not follow the rules, you are paying for “nothing”, because zor´s are selling their knowledge Page  2
  3. 3. Assumption: Zor´s do not care about your costs, They put the focus Reality: Franchisors do not on royalties provide best costs. They provide a Successful Business Model And you are paying for that… Page  3
  4. 4. Assumption: Franchisors take Reality: Raw materials are nothing, the benefit charging hard you are paying for created value, margin in materials marketing, and packaging are not for free Put your focus in cost-effectiviness Page  4
  5. 5. Assumption: Franchise Reality: As a entrepreneur you System do not provide must invest money in your financial help franchise unit, financial leverage is up to you Follow franchisor´s advices about financial leverage maximum amount Page  5
  6. 6. Assumption: Absence of Reality: Exclusivity in Territory control Territories is requiered in best systems Encroachment is not allowed in “good systems” Page  6
  7. 7. Reality: Of course they Assumption: Franchisors don´t, they study it with do not know your Area their parameters. This is about your help Both (zor´s and zee´s) are in the same boat, this is about share Page  7
  8. 8. Josan Garcia , CFE, Spanish Lawyer and Franchise Consultant You could reach me at: josan@g2a.es Skype josang2a 0034 93 4123213 www.elblogdelafranquicia.com Page  8
  9. 9. Sample Slide  Bullet Points Placeholder for your own subheadline  If you don’t want to use the style and size of the fonts as used in this placeholder it is possible to replace it by selecting different options.  For replacing the placeholder text you need to click on the placeholder text and insert your own text.  The text that you insert will retain the same style and format as the placeholder text.  The text demonstrates how your own text will look when you replace the placeholder with your own text. Page  9

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