Archive for the ‘Franchise’
March 18, 2009
By: bobrichman
Category: Franchise
Fitness franchises are among the most popular type of franchise businesses. When you own your own fitness franchise, you’ll be tapping into a major need for the vast majority of the population. Each year more and more people want to lose weight and get in shape. As the nation looks at rising obesity rates, especially in children, fitness is going to become a bigger concern.
If your background is in the fitness industry, or you’ve been a lifelong athlete, owning a fitness business could be the opportunity you’ve been looking for. Consider the following fitness industry statistics:
* There are over 30,000 health clubs across the United States
* Over 42 million Americans belong to a type the fitness club
* Adults 55 years of age and older make up about a quarter of fitness club memberships
When you own a fitness business, people trust you with their health. Unlike other types of businesses, your fitness franchise can have a lasting impact on the quality of life of your customers. With this in mind, it takes a lot of trust in order to build a customer base. When you own a fitness franchise business you’ll be backed by the familiarity and high-level professionalism that comes from the fitness franchise. Instead of working hard to prove to the public that you’re running a legitimate fitness business, they’ll know instantly that yours is a gym that they can trust.
Fitness franchises come in many different shapes and sizes, no pun intended. There are fitness businesses that cater to women only. Women-only fitness franchise businesses are growing in popularity and there are many from which to choose. One of the most popular is Curves, but there are many other fitness franchises that have taken advantage of this popular trend. If you want to offer women a secure place to work out and lose weight you may want to consider one of these fitness franchises. While Curves focuses on low impact circuit training, others like Fit Zone for Women offer a wide variety of fitness classes.
Twist Sports Conditioning Centres have been offering athletic training in a gym environment since 1999. This fitness franchise offers personalized training that helps athletes achieve better performance on the court, the field or the ice. The professional trainers focus on challenging customers to push their bodies to new limits. If you’re coming from an amateur or professional sports background, Twist Sports Conditioning may be the perfect franchise for you.
Fitness businesses aren’t just for the young and fit; they are also for the young at heart. Nifty After Fifty is a fitness franchise that allows you to cater to the growing population of older Americans who want to stay fit. While this franchise business is just two years old, it will allow you to tap into a hungry market and offer a facility that will allow them to exercise in a non-judgmental environment. Nifty After 50 offers exercise classes, nutritional training and other services that help customers improve their health and overall quality of life.
These four fitness franchises are just the tip of the iceberg when it comes to fitness business opportunities. Find the perfect fitness franchise for you at http://www.franchisegenuis.com.
This article is Copyright 2008 by Franchise Genius LLC.
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March 18, 2009
By: supernoobice
Category: Franchise
Franchising has been in the Philippines for 94 years. With the entry of Singer Sewing Machine in 1910 which introduced product distributorship. Numerous companies embraced this concept as their vehicle for business expansion over the years. From 1910 to 1965, businesses staked their flags in the Philippine economy through PRODUCT DISTRIBUTORSHIP. Some of these multinationals were tire and pharmaceutical companies.
The take off was slow in the early years as the succeeding companies like A&W Restaurant known for its root beer entered in 1965. The first outlet was established on Highway 54 (now popularly and historically known as Epifanio Delo Santos Avenue or EDSA) near the Big Dome-Araneta Coliseum. The concept was a drive-thru where women food attendants garbed in mini-skirts, black stockings and in roller skates would serve customers inside the comfort of their cars. Trays clamped by the side of the door and mugs with cold refreshing root beer partnered with foot long hotdogs were served. Its set-up was exactly the same as found in the US branches during those years. What this company brought was another form of franchising, which is known as Business Format. From then onwards most entrants into the market embraced this concept, in fact, so widely used not only in the Philippines, but all worldwide.
Product Distributorship
This is a form of franchising where owners of products allow other parties to sell or distribute their products or even use their trademark as a dealer. There is minimal or no control of operations. The relationship is centered on the quality of products sold.
Business Format
A form of franchising used by 90% of companies involved in franchising. This is the reason why franchising is considered the most successful way of expansion worldwide.
In business format, the franchisor, more than his registered trademark and products, has developed a business system that is made available for use to franchisees. Compliance to the business system is the core and essential element of their contractual relationship embodied in a franchise agreement.
The first survey of franchising in the Philippines done in 1995 revealed that there were a total of 50 operating foreign franchisors at that time. The success rate of foreign franchisees is 97%. In 2003, there were 315 foreign franchisors in the country with 87% success rate.
Philippine Based (Home-Grown) Franchises
Earliest recorded homegrown company that used business format franchising was PANCAKE HOUSE. It was franchising since 1978. PANCAKE HOUSE is still active in franchising and has transferred ownership a few years back.
In 1996, there were 94 companies using franchising as their route to expansion and the number has substantially increased to 481 in 2003. The success rate is a good 90%.
Philippine Franchise Scenario
Franchising in the country evolved from the US Franchise System. There are, however, no laws that regulate franchising. Companies and franchise developers use international franchise practices as reference and as a guide to pursuing this type of business. The increasing number of homegrown companies using franchising in their expansion can be attributed to the presence and increasing number of foreign franchisors. They served as motivators and inspiration for the local entrepreneurs.
Franchising for years has been the monopoly of food sector. It was only in mid-1990’s that service and retail entrepreneurs used franchising.
There was an absence of franchise education in the country for decades. Franchise Conference and Seminars started only in the mid-90’s. Franchise Associations were also formed with the vision of professionalizing and standardizing the franchising as well as police their own ranks.
The author’s web site http://franchisephilippines.org provides information about franchising in the Philippines.
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March 18, 2009
By: supernoobice
Category: Franchise
Every person who wants to buy a franchise to start up their business should know first hand that owning a franchise is no guarantee for financial bailout if you start getting into the red. Many business owners have this misconception and find that they are in worse shape than being a small local ma and pa store. The advantage for the franchise business owner is that their business known nationwide and the corporation runs campaign ads that help create sales.
Advertising will most likely be already taken care of. Some people like the franchise idea because they know that the product they are selling is top grade and well like by everyone. There is no need for the person who owns the franchise to question the standards of the business but instead they need to make sure that they are located in a good place for sales. Most of the time, the brand is already known and advertising the franchise business is not that hard to do.
That is only one problem faced by a business owner who utilizes franchised ownership. It is best to check out your suppliers to make sure that you will not get poor products at an outrageous price. Remember you are still the business owner and make all the decisions on everything from the cleaning solution to the spatula to use in your kitchen.
Franchise business is not always the person who owns and operates the business but it can be a person who is in the business to sell franchises to those who are interested in their own business. The lesion is the business finding independent third party person to buy an already standing franchised business. The agent who does this normally only deals in finding the independent person to operate an already standing establishment or if the corporation is planning to build a new branch then they must find someone who is willing to purchase the new building.
There are government requirements by both state and local that the new owner held accountable not the corporation. The new franchise owner must make sure that this business meets all safety and health standards locally and any standards that the state requires. It is best to consult an attorney to make sure that everything from documentations to actual building is in proper order before you sign an agreement.
After you have met all government requirements and set up shop then you are required as the franchisee to meet all standards and fees that the franchisers assess to the contracts. You as a franchisee must adhere to the trademarks, service marks, trade names, logo’s and advertising that the franchiser may impose.
The franchise is the best business for someone who wants to own their own small business. You do have perks as an owner and find that it is easier to maintain your business with the advantages provided you by the franchiser.
The author’s web site http://franchisephilippines.org, gives information about gas station franchise and other franchise opportunities in the Philippines.
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March 18, 2009
By: supernoobice
Category: Franchise
Philippine franchise is one of the most reliable business model in the country and has proven to be one of the most effective. This business model have grown from year to year exponentially as more and more Filipinos realized the benefits it can bring to most people. Having your own business which gives you the freedom to use your own time and effort to the benefit of your business and not having to work for someone else. If you are new to this industry or just trying to move out of the “corporate ladder” and onto a more beneficial source of income for you or your family, consider Philippine franchise if you’re in the Philippines. Most of them only costs about Php20,000 – Php80,000 and is more than enough to get you more experienced with low risk and earn passive income for you.
This past year, it has been not very good with the global economic crisis. All over the world, all countries, all people are taking a hit. Top companies closing down and down sizing a lot of their employees. This is the time that we tend to realize that the road to financial freedom is not having to work for a company. As even the biggest companies may fall during hard economic times and you can only be at the mercy of your own employer. That is why this site was made to educate people about the Philippine franchise industry.
The Philippine franchise has just been realized a few years back when the small businesses started franchising and made a boost in their profits. Back then, Jollibee Philippines was just a small ice cream shop turned into a hamburger stand and now one of the biggest and most loved Philippine franchise.
To achieve financial freedom and to assure that your family will never have to worry about money anymore is through entrepreneurship. Work and job can only give you money only as much as you put effort to it. Having your own business and a Philippine franchise, not only makes you in charge of your time, your business will be there up to your 8th generation grandchild having said that your business might live that long but its not impossible. In a job, you can not earn and work when you are old. Let’s take Coca Cola for example, it has been there for like ages… And those who own part of the company can enjoy the benefits of lifetime money.
The only way to achieve financial freedom is through business. And Philippine franchise is a good way to start. There are 18k – 80k small Philippine franchises out there and the big ones that may costs millions. You can start at a small risk and of course small returns at first. Build and gain experience in the industry before you risk millions to the big ones like McDonald’s or Jollibee. In which have been said that can return your investment in as little as 3 years. In which, after that, you can enjoy lifetime income.
Let us avoid ourselves of thinking about how high the salary pays, what job you took, or what job is in demand right now or what job is better. The only thing that can help you achieve freedom and financial security is through business. May it be buying or selling, Philippine franchise or offering service. Where, your main goal is at. This way, you can help yourself, your family and our country.
Invest in Philippine Franchise
If you don’t have the money to invest in bigger Philippine franchise like Jollibee. Keep in mind that companies such as these have their public stocks open in the stock market. There are rumors that Jollibee will now be closing its doors to franchising and would recommend interested people to just buy part of the company as stocks in the stock market. This is actually a good thing because, you may earn part of the company instead of just buying its name.
There are a lot of possible ways to earn and be financially free especially in business. What’s important is always be motivated to have a better living for your family and love our country. Don’t you think its about time we start doing business here instead of working abroad? Americans are migrating here to start a business, but Filipinos are going to the states to work for a job. Think about it, which one will yield the most return of your investment? Business or Work? You decide!
The author’s web site http://franchisephilippines.org/ provides information about Philippine Franchise.
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March 18, 2009
By: biggso
Category: Franchise
Many people do not enjoy their jobs. In fact, people who do not like their jobs are much more common than those that do. This is because many jobs are too hard for people to take, and a lot of them are simply not fulfilling to people. Many people, however, feel very trapped by their jobs. This is because no matter how far you get into your job, you still have someone who is above you. Most of the jobs that are out there are jobs that have a ceiling, meaning that eventually you are going to get to the point where you can not go any further. This is why lots of people feel trapped by their jobs.
Another reason that people feel trapped by their jobs is that they do not like some of the specifics. For instance, they might not like their boss telling them what to do, or that their boss has a say in how much they get paid or what they have to do with their job. Also, they might not like having to be there at certain times. Lots of people feel trapped by their jobs because they are unable to decide when they want to be there and when they do not want to be there.
They might feel that they have no choice over the matter, and that they are forced to be there when they might not want to be. If you feel this way about your job, there is a good chance that having franchise business opportunities can be the one thing that frees you. If you are able to have a successful franchise business opportunity, it means that you are able to free yourself from the job that you do not like.
Franchise business opportunities can free you because it can help you be finally able to have the hours that you would like. Imagine being able to work at any time of the day or night, whenever you feel like it. This is part of the freedom that having franchise business opportunities can afford to you. It is often going to be something that you would love to do, and having franchise business can do this. The hours are also part of what can free you. It is important that you are able to get as much out of your franchise business as you can. Working for yourself and making your own hours are only part of the freedom that comes with being able to have franchise business.
Another thing about franchise business opportunities that can free you is that you will finally be able to go as far as you would like. This is something that you should do if you want to finally be free. This can be a great way to allow yourself the freedom of doing something that you love to do, without the hassle that comes along with needing a new time or space to do it. These types of opportunities can be priceless for you.
Obinna Heche:
Delivering the best home based business ideas and opportunities so you can work at home successfully..
http://www.homeincomeportal.com/obhmy365
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March 17, 2009
By: Pick Articles
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March 17, 2009
By: bizavings
Category: Franchise
Franchising a business has several advantages such as risk reduction, retention of capital, and a higher return on your investments. Franchisees find it a viable business since they are purchasing an established brand name or trademark, making it easier to do business than when they start a new company, which only gets established slowly.
Steps Involved In Franchising A Business
When considering whether to franchise your business make sure that there is sufficient demand for your product or services and that the concept is adoptable anywhere. Franchisees must be able to earn a profit after paying the fees and royalties. The franchisees must find your business unique and yet credible. You must consider registering your intellectual property to protect your business adequately. The franchise must be reasonably priced, have programs to provide training, and guidance for your franchisees to conduct business the way you do it.
Once you have decided to franchise, the next step is to market your idea. You can register at franchise brokerage firms or use trade shows to make people aware that you are ready to franchise. Develop a sales campaign with franchise sales brochures, videotapes, and a website with franchising information
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