Mar 15

Are you want invest your money in a forex trading but you don’t understand to play in forex? Oh, no no no! It is a fatal mistake for you. You maybe loss your all of money in that day you invest in forex J. So, where you can invest your money in a business? Why don’t you choose franchise business? It’s more better than you invest in forex trading.

But, don’t you think in franchise business can make you always benefit every time. Because there are bad franchise business that is not competent to be bought by you. Yes, if you buy this franchise business for franchisor, you’ll not getting benefit but make a big loss.

There are some factors that make you loss money in franchise investment. Usually that product have no power to attract people again, this product has old in design or taste in all, so this product is not interesting buyer. Miss management can make you fails in starting franchise business too. In this case, you can’t get much guide from franchisor or you can’t contact guide staff to ask your problems. So, before looking for franchise business, you must understand if this case will not be happen. Get information about franchisor profiles, where they stay and can be contacted.

So, you can prevent this trouble in future time if you have some problems in your franchise business.

Mar 12

Franchise business can create new job for unemployed in a country. So, this is a good business that must be helped by government to be big in its growth. Franchisor make quality product and government give regulations to banks to help with give a loan to franchisor.

There are many conditions that how the franchise business can be accept by bank to getting a loan. Your franchise business must have a brand that have listed in business departmental in your country. You have a accounting reports like tax and annual revenue report. You must make patent rights about your franchise business. This patent rights to covert other franchisee that use your product brand or franchise business model. And other conditions that must you have before loan a bank.

Remember, that your franchise business must have big market to grow in next time. Don’t make franchise product that only explode in a few moment, your business must have effort and power to be a famous business in future.

You must have thinking if your business can be applied in any place or any country. Take a sample like KFC or Wendy’s. Their franchise business have hundreds networks in all country in the world.

Mar 9

Before you prepare changing your traditional business to franchise model, you have to build a good mentality in your mind. Don’t make a mistake that caused your franchise business make loss money franchisee that buy your franchise. Many arguments that you have to answer from some questions yourself. You can consult with franchise consultant if you don’t understand these cases.

Usually, you can compare your business with other business look like your business product. Have their business changed into franchise model? If the answer; “YES” then you can see what is the unique in their product and marketing. Is your product and service more better than your franchise competitor? If the answer; “YES” then you can make big jump to set goals quickly to franchising your traditional business.

Here is the other consideration that you know, your product must have different with other competitor product. You can make good brand product and unique taste. The other consideration is your product must have long life cycle (don’t choose fashion business). By making some arguments you can prevent bad decision before you launch your franchise business.

Mar 7

Do you want franchising your business quickly? If you have good business, now you can franchising your business too. By franchise methode, your business will grow and increase your profit more faster than traditional business. Because you will get franchise fee from your member. This fee is the biggest income for franchisor beside royalty fee. Franchisee or your local member who buy your franchise product will give you a franchise fee and royalty fee. You can use this money (franchise fee) to increase your business network in a year up to 200%. You can use this money (franchise fee) for product and marketing research like promotion.

But, your business must be successful first before you start in franchise business. Your business can be duplicated by your franchisee in a month. You can give instruct or your staff to guide your franchisee in making product and marketing. Before franchising your business, you must give the report of profit balance in at least 3 years. Why you must show your profit balance business report before becoming a franchise model? This is in order to people see the fact about the health of your business profile. If your report is good an stable in revenue even increase and grow fast then it is good sign to be followed by people who interest your business.