July 2018 – Franchising POC

Kfc Franchise – What You Need To Know

Posted on July 31, 2018 by blogger

A KFC franchise is just part of the umbrella of the Yum Brands empire. Yum Brands is the largest restaurant franchise system in the world. KFC franchises are located in over 80 countries worldwide and have sister franchises like Pizza Hut, Taco Bell, Long John Silvers and A&W.

There are quite a few advantages of being part of the Yum Brands family however, owning a KFC franchise may not be right for you.

First and foremost, any potential franchisee must be prepared to own more than one franchise. Therefore, if you want to open a KFC, you’re also most likely going to need to open another franchise in the same location. That’s why you see so many groups of fast food stores in the same location. A good idea would be to consider owning multiple franchises on multiple sites.

Yum Brands has quite a reputation for having ambitious business owners as their franchise owners. To be considered on their “good list”, you’re going to have to own at least three KFC franchises. In fact, ambitious franchise owners will get help from Yum Brands on building up their franchises.

The upfront cost to get into a KFC franchise is why so many people do not qualify for this particular franchise. Go ahead and plan on spending 1,000,000 to 2,000,000 to start up your KFC franchise and partner brand franchise. Furthermore, your net worth has to be above 1 million and you have to have liquid assets of at least $360,000. On top of that, you must have experience in the food service industry or least your partner must have that experience.

Plan on spending at least a year going through the whole process from start to finish. If you qualify based on their requirements, you will meet with the Yum Brands leadership to see if the relationship would be a good one for both parties involved. Then there would be the work finding a site and all that other fun stuff.

Bottom line is owning a KFC franchise can be very profitable and a very solid investment even if you can qualify for the high demands of buying a KFC franchise.

Find A Franchising Business For Sale Now And Become Your Own Boss

Posted on July 28, 2018 by blogger

Starting your own business can be nerve wracking, there are a million and one things that you will need to take care of, from the quality of your product or service through to your branding and marketing, from your front of house to your supplies and logistics. Generally speaking when you start your own business you need to take care of all these different areas yourself and there will be an area, or areas, where you struggle. There is a better way: franchising. With franchising you get all the benefits of running your own business with far less risk, many of the secondary tasks and areas are taken care for you when you run a franchise, from marketing to supply, leaving you to focus on your primary business tasks. You can find great franchise businesses for sale right now.

You will find that there are some incredible franchises available right now. You can find one that suits your talents and passions. Running a business under a franchise means that you get all the advantages of being part of a big business, such as the name recognition, the power of bulk buying and the massive advertising budget all while still being your own boss.

When you start a franchise you get a proven business model, you get to open your own business yet you have the support and guidance of a successful team that will help you at every step of the way, which means that you are far more likely to succeed.

Starting a franchise also means that a you will have a shorter time to opening, you will be give both initial training and ongoing support and you will benefit from having a network of peers (fellow franchisees) who can provide advice and moral support through annual conferences, and franchisee associations; and, increasingly, assistance with securing funding.

If you want to find some great business franchises in Australia then you need to work out what kind of work you want to do. Many people who want to start their own franchise are keen to become more free in their work lives, meaning that a good franchise is one where they are mobile and can pick and choose which clients or customers to pick up.

Take a pool cleaning franchise, you can work in the area near your home and can choose how much you work. You can find some great pool business for sale right now.

Author Bio:

Forthepast3yearsIhavebeenwritinginformativeandhigh quality articlesontopicsuchas business for sale,business franchises,pool business for sale andmanymore.

Unusual Franchise Opportunities – Funny Business

Posted on July 21, 2018 by blogger

The most unusual franchise opportunity that I have come across specialises in cleaning mattresses! They have turned this business into an art form. The way I clean my mattresses is by taking them out on a cold day and hitting them with a hard brush. The brush dislodges all the loose material whilst the cold kills any bed bugs.

This franchise has all the specialist equipment needed including hi powered cleaners, UV radiation equipment and specialist hygiene sprays. They claim that a properly cleaned mattress will also reduce many allergies. It can also help in reducing Asthma attacks by removing dust & tiny skin particles from the mattress and thereby reducing the amount of dust in the air. If you are scared of bed bugs or creepy crawlies then this franchise opportunity is not right for you!

Another franchise that I found unusual was a window cleaning franchise – why would any one buy this type of franchise? Surely all you need is a van, a decent ladder, some cleaning material and you are ready? Not all window cleaners are the same

This window cleaning franchise I looked at can also clear your gutters, decks and fences, roofs, patios and a whole lot more. Their aim is to make what was simply window cleaning turn into a full time business opportunity offering a wide variety of cleaning functions.

All their franchisees are insured specially for the job and use special cleaning solutions to get rid of the dirt and grime as efficiently as possible! They have high pressure washers and use “high tech” ladders and all the safety equipment that you can think of. Not one for people who are scared of heights!

I found an even more unusual franchise that specialises in bird feeding and watching. They find a great location near a busy road which is renowned for the different types of birds that visit the area and create a business which specialises in displays and merchandise for bird watchers. According to their marketing material bird feeding & watching is a 4.7 billion dollar industry!

There is a retail chain franchise in the USA that specialises in cigars, pies and other gifts for the smoker. I don’t know how this will fare in today’s environment where it’s getting more and more difficult to smoke in planes, trains, cafes, bars and shopping molls! This would be an ideal business for someone who loves his pipes!

There are many franchise opportunities available today and some of the more unusual franchises can also be the most lucrative as the standard types of franchise businesses usually have a lot of competition. It is also important to get into a business that you enjoy and one which suits your lifestyle.

By investing in a franchise you are taking the gamble out of starting a business as you are buying into a business model that has already been proven to be successful. Just make sure that the franchise you choose is in a niche that you will enjoy.

Always ensure that you get the best possible advice from experts in the field of franchising before you buy a franchise.

The Success Of Food-cart Business In Franchising In The Philippines

Posted on July 17, 2018 by blogger

What made the franchising industry of the Philippines successful? According to the PFA or the Philippine Franchise Association, the franchising industry of the Philippines had gained significant growth over the past couple of years. The reason why is because of the many new franchise businesses available in the country today, such as food-stall and food-cart businesses.

Franchise Businesses from Then and Now
According to the PFA, most franchise business in the Philippines were large businesses such as convenient stores, fast-food restaurants, and many others. Because of this, most of those which were able to franchise a business were wealthy Filipinos, companies, and corporations.

Today, however, a number of new franchise businesses were made available in the Philippines which can offer many more Filipinos the same opportunity that wealthier Filipinos have had with Franchising business Philippines. This is when food-cart and food-stall businesses were introduced as a franchise business in the Philippines.

Success of Food-Cart Businesses in the Philippines
Food-cart and food-stall businesses were first established as small businesses by private Filipinos. However, when different franchising companies and corporations in the Philippines have found its potential as a small franchise business, many of these have started to acquire the ownership of those small businesses and distribute it as a franchise business for the average Filipino.

Since then, the popularity of franchise businesses had significantly grown, particularly for these businesses. So what are the benefits can these types of businesses offer:

Affordability
One main reason why these small franchise businesses became popular is because of its affordability. Compared to larger franchise businesses, food-cart and food-stall businesses are far more affordable, allowing more Filipinos to have the opportunity to start their own successful and profitable business.

Simplicity
Another reason why franchise businesses became popular is because of its simplicity which allows its franchisees to manage it by themselves. Because of its relatively smaller size, these businesses can be easily placed and moved from place to the other. And in addition to that, these businesses can also be easily manned by one or two personnel.

Availability
Another reason why franchise businesses had gained a lot of popularity in the Philippines is because of its availability. As the industry grows, the number of new food-cart and food-stall franchise businesses had also grown, which introduced many new franchise businesses that gave more choices for Filipinos from which of these small businesses are suitable for their preference.

Ethical Franchising Is Big Business

Posted on July 11, 2018 by blogger

To have a good reputation with franchisees and in the franchising industry, it is important that franchisers have an ethical framework to operate by. In addition, franchisees should behave to certain standards so that they can progress their business(es).

Many companies are members of associations, such as the International Franchise Association or the British Franchise Association, that have an ethical code structure in place. These codes are a way for franchisers to self-regulate and franchisees to have a good idea of the role they need to play in making the franchise as a whole more successful. They will not have an answer to every dispute, but a set of principles will be established to ensure problems are dealt with correctly and as amicably as possible. Therefore, franchisers that are not involved with associations should still have a set of guidelines for themselves and franchisees to work from.

At the cornerstone of any code that has been or should be devised is honesty and trust. There should be no ambiguity when franchisers advertise for franchisees and in what franchisees tell franchisers about their past and current financial situation. Each party needs to fill their part of the agreement and be open about any problems that occur, which will mean both the franchiser and franchisee knows exactly where they stand.

Once a franchise is up and running, both parties need to have a system in place where it is ensured that when one gets in touch with the other, by phone or email, it is picked up quickly and a response is swiftly made. Effective communication will help to create trust between franchisers and franchisees and it is also important for the financial progress of franchises, for example if a sales system is not working, the sooner an improved version is discussed and implemented the more money a franchise will make. A code should highlight the need for teamwork and mutual respect between both parties so that franchisees get a degree of responsibility to improve their franchise systems, as long as they work within the business structure.

Franchisers should also recognise and give awards to franchisees that achieve better than expected results and show major commitment to the franchise. In addition, as part of the franchise agreement, there should be a straightforward method for dealing with internal disputes and all national and state laws concerning franchising must be strictly followed.

Following a structured code with these and other aspects will help to create a positive image and reputation for the franchiser and each individual franchise. Franchisers will be more likely to attract potential franchisees, as most of them will talk to current franchisees before making a decision on which franchise they want and franchisees will benefit from high levels of consumer loyalty and satisfaction.