Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Franchising 101: a Quick Introduction to the Art of Franchising

By Clint Shaff Subscribe to RSS | February 17th 2012 | Views:
loading
 
  



The business and financial sectors are very complex parts of modern commerce. These sectors encompass various fields of specialization. People need the assistance of banks and credit unions to deal with money matters, while business enterprises create new ventures and jobs for many people in the workforce.

Common people who work hard to achieve their goals may find the various methods used in the financial and business sectors helpful to achieving their goals. One lucrative business venture people can try out is franchising. This business endeavor refers to a form of marketing and distribution where the franchisor (business owner) grants the franchisee (an individual or a group of people) the authority and right to operate a business. This agreement may sell fast moving goods or provide services under the franchisor’s brand.

Moreover, franchising is described as an assembly of resources and capabilities from various people. The owner of the franchise invests in the prerequisite capital and technical know-how. Investors, to which the authority to make decisions is shared, provides the auxiliary capital. These investors may also provide their expertise and contribute to the viability of the franchise operation.

Many people misunderstand franchising and consider it to be merely a buyer-seller relationship. However, there is more to it than just this. It is a comprehensive and complex relationship between the franchisor, franchisees, the employees, and the end consumers. Also, the interdependence of the various stakeholders means that cooperation and unity are highly essential to success.

Unbeknownst to many, various kinds of franchises for sale exist in the market today. In fact, according to Franchise-Economics.com, there are approximately 900,000 franchise units across the country. These are various stores, locations, and distributorships. Further statistics from the 90s has reported that the franchise industry has had a higher success rate than startup businesses.

Furthermore, single-unit franchises for sale are the most popular and most common type available in the market today. This franchise is purchased from the franchisor by the franchisee, an appointed broker, or a third party sales agent. Single-unit franchises generally refer to single business units located in one physical location. It is already a common practice for franchisors to assign their franchisees to specific locations.

Other great franchises for sale include the multi-unit franchise option. This franchise refers to the franchisee’s authority and right to operate multiple units from the same franchisor or brand. These units can be placed in the same area or in different key locations. Sometimes, the franchisor will even offer additional units to a single-unit franchisee and would offer discounted licensing fees to start-up the business on different lots.

Clint Shaff - About Author:
For more details, search franchises for sale in Google for related information.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/franchising-101-a-quick-introduction-to-the-art-of-franchising.htm

Related Business Articles Subscribe to RSS

How to go ahead in the process of Honda for sale
Published by Ashish Pandey on February 2nd 2012 | Business
Suppose you want to sell your Honda Accord, you need to know everything that you should do in order ...
 
Important and main benefits condos for sale Mayan Riviera
Published by on May 3rd 2012 | Business
When we talk about having a substitute choice for getting a perfect standard of living then only one...
 
Awesome place waterfront homes for sale in naples florida
Published by Harry on April 9th 2012 | Business
waterfront homes for sale in naples florida. This is a community that is highly sought after for go...
 
Enjoy your life with second hand cars for sale in Gurgaon
Published by Dany on July 19th 2012 | Business
Trend of buying used cars in Gurgaon is growing rapidly. Now, not only the car market with new cars ...
 
Best and useful tips for condos for sale playa del carmen
Published by on May 3rd 2012 | Business
In this modern and competitive world, Playa Del Carmen is considered to be the best place for purcha...
 
Purchase beginner surfboards, body boards for sale and start surfing
Published by James Blee on June 1st 2012 | Business
So you wish to begin surfing. All those images and videos of waving blue summits and crystal hoses h...
 
GET YOUR BEST HOUSE AT new homes for sale in naples florida
Published by Harry on March 5th 2012 | Business
There are plenty of homes in real estate in florida naples. You may go about choosing in two ways. T...
 
Used cars for sale in Memphis TN
Published by Ron Smith on April 24th 2012 | Business
You need to know what your credit score is when it comes to getting a car loan. There are many car d...
 
How to find homes for sale by owner in Toronto
Published by Olegch on March 11th 2012 | Business
This is a surefire way to ensure that you'll find all of the homes for sale by owner in Toronto that...
 
Port Washington Homes New York are available for sale
Published by Karen Bruning on January 20th 2012 | Business
Port Washington Homes New York is the best income source for the investors and for those who wants t...
 
Check out the availability of homes for sale in the famous communities of US!
Published by Sourcesolid on February 8th 2012 | Business
When searching for homes in Columbus GA please take advantage of the school reports, maps, census da...
 
Get a home in houses in naples florida for sale golf Naples
Published by Harry on July 4th 2012 | Business
An excellent agent will be able to demonstrate you top quality qualities Naples and settle as your r...
 
Business for sale in Toronto – Your perfect Selling destination
Published by Mett Silver on August 6th 2012 | Business
People who have businesses of their own often want to sale it off for various reasons; but they lack...
 
What makes Australian real estate for sale easy these days?
Published by Noel Angle on January 4th 2012 | Business
Times have certainly changed the way Australian real estate for sale was handled. Earlier there were...
 
Important things to consider before buying a business for sale
Published by Herry Smith on February 29th 2012 | Business
Buying a business for sale is a best approach these days as we can’t know if our newly established...
 
Combine a Directpvcwindows.com Voucher with a sale results to maximize saving
Published by Gayathri Baladevi on August 21st 2012 | Business
The challenges associated with Directpvcwindows.com Vouchers are how salvation is switched to keep a...
 
Homes in naples florida real estate for sale
Published by Harry on May 15th 2012 | Business
The beach is just miles away from these houses and there are plenty of waterside Shoppes and restaur...
 
When you are looking for Taxis for sale it isn’t always easy.
Published by Mary Porter on June 17th 2012 | Business
One company that does stand out above its competitors and is worth a special mention is called Cabs ...
 
Finding homes and apartments for sale in Rome is easier now
Published by Kristy Wilder on January 23rd 2012 | Business
Lara Case in English means Lara Homes. This is an Italian real estate firm that specializes in a var...
 
Looking for narrow boats for sale? > Please base article around this
Published by Julia Roger on June 18th 2012 | Business
The firm has narrow boats for sale to suit all budgets and can show you a selection of machines in g...