There are many different types of business opportunities but one of the opportunities that many people seize on a regular basis is the chance to create a genuine revenue stream by owning part of the company. These are actually most always called owning stock in the company, but there is also another way to look at this scenario as well. If you have ever wondered exactly what a franchise is, but have never really had the opportunity to explore everything that went along with it, here is the perfect chance to learn about everything you wanted to know about starting a franchise!

The Franchise Experience

What exactly is a franchise, though? Simply put, a franchise is an extension of another company; they use the same signs, advertising methods, products, and services of the company that it was derived from. Virtually any type of business is able to be franchised if the terms are set forth in the company contract. For example, restaurants such as McDonald’s, Burger King, and even Wendy’s have the ability to be franchised. Other stores, such as Starbucks, specialty retail stores, as well as plenty of other restaurants and stores have the ability to create a franchise of themselves. In other words, franchises are essentially clones of the company, but the franchise owner is able to make separate decisions apart from the company itself.

 

Contents

CHAPTER 1 3

What is a Franchise? 3

The Franchise Experience 3

CHAPTER 2 4

The Many Types of Franchises 4

CHAPTER 3 6

The Advantages of Owning a Franchise 6

CHAPTER 4 7

Why Franchises are Good Investments 7

CHAPTER 5 8

The Downside to Owning a Franchise 8

CHAPTER 6 9

Starting Your Own Franchise 9

CHAPTER 7 10

Researching a Franchise Opportunity 10

CHAPTER 8 11

Choosing a Franchise 11

CHAPTER 9 12

Learning to Manage a Franchise 12

CHAPTER 10 13

The Online Franchise Experience 13

CHAPTER 11 14

Starting a Coffee Shop Franchise 14

CHAPTER 12 15

The Best Franchise Companies 15

CHAPTER 13 16

Creating a Successful Franchise Opportunity 16

CHAPTER 14 17

What to Do if your Franchise Fails 17

CHAPTER 15 18

Alternatives to Owning a Franchise 18

CHAPTER 16 19

FAQs about Franchises 19

CHAPTER 17 20

Resources and Help for your Franchise Business 20

 

Owning a franchise, though, shouldn't be confused with owning an actual store of the business. Depending on what the franchise is and where it is located, one might have more luck owning an actual store of the business than he or she would with owning a franchise! However, that issue is debatable, but a franchise owner is able to experience all of the same situations as the company owners are.

Even though the company that had a franchise created of themselves still has some control over the franchise itself, such as the specific foods that are used if the franchise is a restaurant, there are some decisions that the franchise owner can make that will have no impact on the company as a whole. For example, franchise owners are typically allowed to change the seating style in his or her restaurant or store, as well as the prices of the products themselves. In certain cases, certain aspects about the products can also be changed with the consent of the company. If you own a franchise, though, the best thing to do would be to contact the company itself to make sure you are allowed to make changes without negating the whole contract!...and much, much more!

 

Master Resell Rights License

[YES] Can sell and keep 100% of the sales

[YES] Can edit the sales letter and graphics

[YES] Can be bundled into another paid package and sell at a higher price

[YES] Can be used as a bonus to another product you are selling

[YES] Can be added into a membership site

[YES] Can pass on the Resell Rights privilege to your customers

[YES] Can pass on the Master Resell Rights privilege to your customers

[YES] Can be given away for free

[NO] Contents of the product can be edited, modified or altered

[NO] CANNOT be sold with private label rights

No Liability

Under no circumstances will the product creator, programmer or any of the distributors of this product, or any distributors, be liable to any party for any direct, indirect, punitive, special, incidental, or other consequential damages arising directly or indirectly from the use of this product This product is provided "as is" and without warranties.