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

Looking for used Corvettes for sale?
Published by Editor123 on January 2nd 2012 | Business
At this place, one will find that the sales staff is just as excited about Corvettes as any other fa...
 
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...
 
Real estate investing with mortgages for sale
Published by DANA BATES on May 12th 2012 | Business
This information is there to assist anyone who has plans to buy mortgages for sale. Simply follow th...
 
Passionate race cars for sale
Published by Camille Smith on June 30th 2012 | Business
The best online platforms to find a range of race cars for sale are this cool site. Porsche or Ferra...
 
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...
 
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...
 
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...
 
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 ...
 
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...
 
Things to consider while buying existing bars for sale
Published by Herry Smith on November 29th 2011 | Business
Going to buy a existing bar for sale may be a good choice if you know how to purchase it for the bes...
 
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...
 
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...
 
Important and useful tips homes for sale Riviera Maya
Published by Dany on May 3rd 2012 | Business
In this age of hectic and feverish activity and especially among the growing population people want ...
 
A major sale tool is an on Sale Sonymusic.Com coupon code provided by the retailer
Published by Randy Fletcher on July 17th 2012 | Business
People go for the option of combining a number of Sonymusic.Com coupons in order to save even more. ...
 
Making use of discount Kidrobot.com coupons & codes is like profiting from sale prices
Published by Krishna Sai on February 20th 2012 | Business
It makes more sense ordering stuff lower than their standard price and not paying full price for pre...
 
Countries Enact Protocols Governing the on sale Advertising campaigns related with Their own Remedies
Published by Adolph Berk on July 11th 2012 | Business
Getting larger expense is considerable downside looking at The country's healthcare industry....
 
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...
 
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...
 
How to find apartments for sale in Rome the easy way
Published by Kristy Wilder on January 23rd 2012 | Business
For over 15 years, this agency, which is owned by Lara Pisciella, has been assisting individuals and...
 
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...