Tis The Season For A Franchise

Description:

Is a franchise targeted at a particular season a worthwhile investment?

Content:

People say that Christmas is "too commercial". While for Christmas purists, the evident truth of this is a source of sorrow, for the Scrooges among us who wish to make some money out of it, that is good to know. The strong increase in the number of people spending money on leisure pursuits and activities has helped to boost demand for a number of seasonal franchises.

Seasonal franchises can include a vast array of business ideas and models including ice cream parlours, garden services and Christmas gift outlets. However, opting for a business that does not often have a regular monthly turnover can present a number of problems and therefore may only be suitable for someone will good management skills and budgeting experience.

Competent franchisees sometimes run two franchises to help ensure they have a reliable level of income throughout the year. For instance, a swimming pool cleaning franchise is likely to have a stronger turnover during the summer months, but profit will fall as winter arrives.

Therefore, a franchisee could look at opting for a second business that could boost revenues during the winter. A Christmas house decorating operation that attracts clients and money in December could help to offset the less profitable months of the seasonal franchise that sees profits surge in summer.

Potential franchisees are reminded that before committing to any operation they must make sure they do adequate market research and undertake sufficient preparation for setting up their own venture.

The first step for anyone looking to move into the seasonal franchise business is to request information from the leading chains who offer suitable opportunities. This literature can then be used to compare different options as well as assessing possible business structures and the amount of investment required to get up and running. It will also help establish what can be done to help limit the effects of seasonal differences.

Another crucial factor is to calculate how much it will cost to recruit and train staff, especially as they are likely to be employed seasonally and may not return each year. In addition, the storage of equipment that is only used during a few months of the year must be incorporated into any initial business plans.

New franchisees also need to place strong importance on how much support they will receive from the company as it could be vital to ensuring maximum returns and long-term success. This is especially crucial when marketing and publicity is needed to drum up sufficient business during the traditionally busy months to help lesson the impact of slow times.

However, no matter how much training and support is given by companies, franchisees must realise that a lot of hard work and business flair is the key to success within the seasonal franchise market.

Author: Diarmuid Kieran

About Author:

Webmaster for Franchise Direct franchise opportunity websites.

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Franchise Opportunities Involving Children

Description:

The pros and cons of working with children via a franchise.

Content:

There are very rewarding prospects available with children's franchises, as they can not only make franchisees a lot of money, but also enable them to enjoy their work more.

These franchises vary from extra education and exercise to school photography and children's salons. There is a large market for these businesses, as according to the last US census there are approximately 40 million kids under the age of ten.

A range of education franchises have been established to supplement learning in schools and to offer extra tutoring to those struggling with their work.

One of the most established is Kumon, which has consistently ranked highly in Entrepreneur Magazine's Franchise 500.

It focuses on reading and mathematics and in centres across North America, children have the time to make steady progression in stages, where they only move on once they can consistently master reading passages and mathematical problems in a given period of time.

Others such as Mind Labs provide games for young children that are fun, but also require thinking to solve problems and be successful.

Children's fitness and diet franchises have been established to offer a solution to the growing number of children in most countries considered overweight and obese.

According to the American Obesity Association, approximately 30.3 per cent of children (ages six to 11) are overweight and 15.3 percent are obese. For adolescents (ages 12 to 19), 30.4 per cent are overweight and 15.5 percent are obese.

Franchises such as My Gym Children's Fitness Center and Gymboree provide children with structured activities such as dance, running relays, fun games, gymnastics, sports to improve their health and fitness at a level they can deal with.

A growing trend that children's franchise owners often point out is that people are having children later in life, usually in their mid-30s as opposed to mid-20s. In most cases, older parents are more financially stable, meaning that they have additional money to spend on their children's development.

In addition, the longevity of older people is increasing, meaning that grandparents have more years to spend money on their grandchildren.

However, franchisees must be able to handle these demanding and flexible franchises in the right way to make them a success.

It is vitally important that they do not treat their franchise too much like a commercially driven business. The main focus should be on creating a service that will appeal to children and making sure they get something out of it.

Therefore, as well as needing to like children and work well with them, franchisees should make their business have enjoyable aspects to it, from songs and videos to help with learning to a play area for children to occupy while they wait to get their hair cut or styled.

They also need to have structures in place to cope with busy and quieter periods, for example during school holidays and conversely when children are at school.

Author: Diarmuid Kieran

About Author:

Webmaster for Franchise Direct franchise opportunity websites.

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Scams|network Marketing| Can you Spot Them

Description:

Learn how you can be more careful in picking out a network marketing company to represent.

Content:

In most instances it’s not too difficult to pick out a network marketing scam. You always have to watch out for the company that asks for upfront money to become a member of the network with nothing in return. This is called a pyramid scheme and these types of schemes have been around for a long time. In these pyramid schemes, money is generated by each new member paying a fee to join the company. If you’ll notice, in speaking with people today who are not knowledgeable in network marketing, they use the term, is this a pyramid scheme? Here is where all the explanations come in for you in trying to defend what you are doing as legal and legitimate. Most companies have a distributor kit as part of joining with them and that does not mean it’s a pyramid, because you are getting something for your dollars. Purchasing a distributor kit gives you an explanation of the company, its products and how to use the products. When you do a demonstration at your home and you don’t have any products to show your new customers, how is that going to look? That does not make you very credible as a business owner or recruiter for your company. So the reason for distributor kits with companies is to introduce you to your company’s products and also have some on hand for demonstration purposes. Network marketing, by no means, is immune to scams, where you have people you’re going to have scams. You’ve been around long enough to know that paying out money and receiving nothing for it should certainly throw up a red flag for you. People are on the internet constantly looking to take your money the easy way. Don’t be in a rush and make sure you check out every opportunity thoroughly. If you think it sounds too good to be true, then it probably is. There are many good people and companies out there on the internet where you can get an honest evaluation on a company, all you have to do is do some research and you’ll find your information. If there is contact information, phone, address, email address, then contact these people, speak with them and you can check them out via internet I’m sure you’ll get a feeling for their honesty. If there is not contact information, then I would suggest steering clear of these people and organizations.

Author: George Collins

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eBay Auction And Drop-Off Franchises

Description:

The growing wealth offered by eBay businesses

Content:

More and more people are shopping via the internet and eBay is considered by many to be the best way to find bargains and rare items not available on more commercial competitor sites.

The continued success of the online eBay auction house means there could be a number of ideal franchise opportunities for those looking to capitalise on the growing number of buyers and sellers using the site.

Drop off stores provide a local-based way of selling goods on behalf of clients and are great for those people who are too busy to sell directly on eBay.

The bricks and mortar stores allow customers to bring in a wide range of items, including large scale lots such as cars and white goods to smaller items such as jewellery or computer accessories.

The drop off franchise, in return for a fee, then takes over the marketing and online selling of the product by producing eye-catching auction listings as well as dealing with any questions from prospective buyers. The store can also take full digital photos of the item to ensure that bidders are provided with a wealth of information about the goods. Once the auction is ended, the drop off franchise then takes care of payment and packages the item off to the new owner.

It is vital that all the items are located in secure warehouses at the drop off franchise store and are fully insured against possible loss of damage to help protect both customer and franchisee.

Many drop off businesses tend to offer customers the chance to relist their items for free if they do not sell the first time and offer the ability to donate items to charity if they remain unsold. In fact, there is a growing number of drop off franchises that only offer services in order to directly raise money for good causes.

As with any franchise, potential investors are advised to make sure they fully research their market before outlaying capital into a venture. In particular, those looking to set-up a drop off business are advised to make sure that they are no competitors in the nearby area as this could limit overall customer numbers.

It is also expected that potential online auction drop off franchisees would have some experience and knowledge of eBay and how to develop successful listings to generate high sales.

And the nature of the online businesses also means that franchisees must have access to a reliable and secure IT system otherwise they could risk losing potential bids. Therefore, wannabe drop off owners must ensure they opt for a franchise opportunity that can provide adequate IT backup and long-term support.

The amount of commission that drop off franchises can demand for services can vary, with the majority of main businesses charging between 20 to 40 per cent to help sell clients' goods. However, the growing popularity of eBay means that many people are willing to pay higher fees to ensure their items sell without requiring extensive demands on their time.

Anyone interested in investing in a franchise system and becoming an entrepreneur is advised to make sure they consider all alternatives and do not rush into a decision of which franchise most meets their long-term needs.

Author: Diarmuid Kieran

About Author:

Webmaster for Franchise Direct franchise opportunity websites.

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What Makes A Franchise Successful?

Description:

The best way to run a successful franchise business.

Content:

Both franchisers and franchisees need to have a number of aspects in place if they are to achieve their goals of business success.

Companies looking to branch out into franchising must ensure that they have a strong team in place with some of them having had experience in the franchising industry.

This will enable the franchiser to be able to structure and market itself in a way to quickly attract franchisees to the business.

As many potential franchisees carry out research of the company, it is essential for franchisers to have a secure financial base and a record of spending money to help develop parts of the business that need improving.

Substantial funds are required to provide the training programmes, support systems and in some cases much of the stock that franchisees need.

Not only will this investment make it more likely that the best people wanting to become franchisees will choose to work for the company, it will help them to make a good job of their own franchise.

Once in operation, the reputation of the franchiser will be vital for it being able to continue to attract good franchisees.

It should be in contact with franchisees at regular intervals, ideally through a structured franchisee advisory committee, to ensure any problems are dealt with quickly and that the business structure is being properly carried out.

In addition, there should be regional and national meetings so that franchisees can network with each other and any new franchise developments can be explained to one large group, instead of having to do it individually.

The franchiser must ensure that it complies with all regulations, in particular concerning the sale of a franchise to another person, as departing franchisees should know exactly what they can and cannot do and new franchisees should be aware of everything in the franchise agreement.

If all this is in place, then franchisees will have a great platform to succeed. However, there are no guarantees and they must make sure they are able to carry out all necessary duties.

They must also be in contact with the franchiser on a regular basis to discuss the franchise's development and problem issues.

The franchise costs must be constantly checked and administration needs to be up-to-date so that franchisees know how much extra stock and staff they can handle at a certain time.

Similarly, as franchisees are in charge, they need to be responsible for having a good daily structure in place to ensure time is not wasted, which includes planning ahead for new developments and seasonal factors.

They also need to be able to market the business effectively, through local publications, flyers and talking to people face-to-face, with the results used effectively to change things in order to attract more customers.

Author: Diarmuid Kieran

About Author:

Webmaster for Franchise Direct franchise opportunity websites.

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