Monthly Archives: June 2015

Franchising and best Business Franchise opportunities

 

Franchising can also be stated as using the business models of successful and established companies. Franchising is mainly done to avoid big investments, huge risks, spending more time and hard work in trying to establish ourselves in the market. The parent company which lets to franchise it is called the franchisee and the successor or the company that imitates the business model of the parent company is called the franchisor.

The franchise always has a stake in the franchisor’s company. While choosing a franchise opportunity or a franchisee many things have to considered and be kept in mind like how much they expect you to invest, how well they are established in the market, their reputation and success of their brand name, the kind of products and services they offer and the demand for those and above all how well and to what extent they support their franchisors by guiding and helping them in that business.

Franchise opportunities are abundant in industries like retail, fast moving consumer goods, hotels and restaurants, supermarkets and many more. Even well established and reputed companies with successful brand names are now coming forward to offer franchising of their business as it helps them expand their business at a lesser investment and risk.