Wednesday, March 07, 2007

 

Finding your franchise

So you've decided you're an entrepreneur and want to start your own business, but have opted for the security and good success statistics of a franchise – now all you need to do is pick which area you want to work in.

And there is a huge range of choices for you to wade through, each with a separate section of its own. For instance, you could turn your eye to the clothing industry, but then you are left with choices of men's clothing, women's clothing, children's clothing and many other areas such as dry-cleaning and laundry services.

But franchising has been maturing as a sustainable investment in both the US and the UK for years, creating opportunities for anyone looking to start their own business, meaning there is, in some sections of the industry, a glut of franchising opportunities within each sector, meaning yet further choice for the entrepreneur.

Of course, each area of franchising offers something different. From the more hands-on areas of children's fitness centres and oil changing franchises, as well as fast food franchises and catering businesses, to the more business orientated areas such as estate agency franchises.

Potential franchisees will need to conduct thorough research and examine their chosen market carefully before making any financial decisions, as delving into any kind of business is a risky venture without proper planning.

There are several bodies which can help potential franchisees. In the UK, the British Franchise Association (BFA) offers courses, advice and tuition from experts and professionals, for anybody hoping to get a foothold in the industry.

Workshops and conferences are held throughout the country, allowing people to discuss and plan their futures with professionals.

Searching yourself is obviously the ideal way of finding out about what you're interested in, and the internet is the first place to start. There are literally thousands of websites to search through in order to identify the correct franchise for you, as well as financial details and advice which can help guide uninitiated people through the minefield of franchising.

Copyright Adfero Ltd 2007

http://www.franchisedirect.com

Comments:
Many people use the services of an estate agency to sell or rent their home, so the market is huge.
Estate Agency Franchise

 
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