They everyone,can anyone tell me is going for B2B franchise a smart step?
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Posted by saiyed.rizwaan in Ask The Experts on 08.10.2009 4:00:29 pm | 1272 views
They everyone,can anyone tell me is going for B2B franchise a smart step?
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This really is an unusual question in that it is so broad a topic. Almost like asking "is driving a car safe"? The obvious answer to both is "It depends".
Saiyed, perhaps it it advisable to take a step back and assess what you want to achieve and how you want to achieve it. Netfrog contains many advisory comments relating to suitable choices of business enterprise. The common thread is that if anyone is considering buying into a proven business model which is being marketed as a franchise, it is good business practice to first of all consider your own skillset and knowledge.
What experience do you have? Is it legal, manufacturing, retail, distribution, customer service, technical, the motor industry? etc. If they say no experience necessary, how will you become trained?
Do you want a role where you go to work smartly dressed or do you want a blue collar role which will involve getting your hands dirty.
Consider the hours required to work the franchise. How big is the market you are looking at? What is the competition? How will you be supported and trained?
Business to Business or business to consumer, somewhere in the UK market place there will be the perfect or very close fit for you. Choose carefully - franchises cost money!!
JT