Featured Franchises
Primary industry: Domestic Cleaning
Minimum investment level: £7,995
Primary industry: Local Internet Directory
Minimum investment level: £9,950
Primary industry: Recruitment of ex-Forces
Minimum investment level: £15,500
Primary industry: Residential Services
Minimum investment level: £9,999
Primary industry: Lawn Care
Minimum investment level: £6,900
Primary industry: Estate Agency Sign Management
Minimum investment level: £10,000
Primary industry: Weddings and events
Minimum investment level: £9,995
Primary industry: care and buety producs
Minimum investment level: £17,500
Primary industry: Internet
Minimum investment level: £1,000
Primary industry: Mobile car valeting
Minimum investment level: £7,000
Primary industry: signs and graphics
Minimum investment level: £35,000
Primary industry: Care
Minimum investment level: £32,500
Primary industry: Business Development
Minimum investment level: £3,500
Primary industry: Accountancy
Minimum investment level: £30,000
Primary industry: Property services
Minimum investment level: £5,000
Primary industry: Photography
Minimum investment level: £46,000
Why a Franchise Business Opportunity May not be Right for You
With a franchise opportunity you have a higher chance of success. According to the US Department of Commerce, after completing a 7 year study, over 90% of franchise businesses are still trading profitably.So why am I saying that it might not be right for you?
A franchise is not right for you if:
1) You are the type of person who does not like following guidelines
2) You believe that you know better then everybody else
3) You can't accept other people's advice
4) You want to change the look and feel of the product
5) You want to do things your way
6) You expect others to take responsibility
7) You don’t believe in hard work
8) You are aggressive and can't control your temper
9) You are not ready for commitment
10) You can't work with people
The limitations to a franchise are that you will not be able to deviate from procedures. You will have to buy from predetermined suppliers and use the computer systems and software that has been chosen by the franchiser. You will also be limited to where you can operate the business as the franchiser will not allow you to endanger his reputation, in a location, where he believes that there is little chance of success.
When people choose to go it alone, 80% of business start ups fail within 5 years. This is because they are entering a market where their business knowledge is usually poor, although their product knowledge might be good. All their experience comes from trial and error, and the banks are quick to pull the plug if cash flow projections are not met.
Now a franchisor has been through a period of trial and error. They have found a system that works and suppliers who deliver. Why would they allow you to change this proven system?
Although the chances of success in a franchise are much greater then if you choose to start your own business, only you can decide if you can live within the confines that have already been determined by others….
Irrespective of which road you choose to go down, always take professional advice.
Naz Daud http://www.ecademy.com/account.php?id=120141
Business Franchise Opportunity http://www.citylocal.co.uk/frontend/franchiseinfo.php?cityid=79
UK Business Directory http://www.citylocal.co.uk
Business Franchises listed on the UK Franchise Opportunities Directory
