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HeinrichM
03-19-2014, 09:18 AM
When you are looking at opening your own business, one of the questions that you need to answer is whether you should invest in a franchise model or rather start your own business from scratch. There are advantages and disadvantages in both business models and you should take a careful look at your situation before deciding.

With a franchise model you buy into a proven concept with a lot of the homework already done. Customers tend to buy from shops that they are familiar with and this would be one of the advantages with a franchise model. One of the disadvantages would be the cost of buying a franchise model.

You can save money if you start your own business from scratch. You will also have full control over all areas of the business and will be the sole decision maker. One of the disadvantages is that you will need to cover all of the bases (legal, marketing, finance, operations and HR) all by yourself. It might also take longer before your business reaches the sales needed to cover your overheads.

Which one of the models would you go with and why?

bingaguilar
03-20-2014, 02:41 AM
It's definitely much easier to go for a franchise than start your own business, for the very reasons that you've stated: proven concept, known brand, less legwork. If you have enough money to buy a franchise and you want to go into business in a jiffy, then go for it.

However, having your own business is much more rewarding in the end. It will take a lot of work, a lot of hits and misses, but it will be something that is entirely you. You don't even have to shell out so much money to start your own business. You can dictate the amount of capital that you want to infuse into it and you will be in complete control of the operations. It may take longer for it to grow but when it does, it will still be your brand, your baby. And who knows, maybe you will be the next brand that people will be lining up to buy franchise rights from ;)

stockbrokers
09-29-2014, 01:31 AM
it depends on your expertise, if you have enough expertise then better start from scratch and use extra money to develop the business later on

oner789
02-20-2016, 03:50 PM
For me, much better to start first with franchising before going or making a normal business so that you can gain a lot of things that need as a businessman/woman. In worst scenario, just in case it will down atleast you just spend not so much. Thanks

KIMCUA
03-04-2016, 01:43 PM
In this day and age, where there are big companies and businesses that dominate the competition. It's getting harder and harder for new businesses to make an impression towards consumers when there is another one which has years of experience and results. By using a franchise, you also gain some reputation with their logo and credibility with their system.

GabbyS2016
05-19-2016, 06:00 PM
You raise many good points. However, I'm not so sure if you're going to save money by starting your own business from scratch. The capital required to do so can be significant. I work closely with Diana from ServiceMaster Restoration by Zaba (https://www.servicemasterbyzaba.com) and she is a strong proponent of franchising. Many franchises give you full control over most aspects of your business like hiring, etc. Here are some good tips from Diana for anyone who is considering franchising. Definitely worth a read:

http://www.huffingtonpost.com/diana-rodriguezzaba/are-you-ready-to-buy-a-fr_b_9935068.html

I hope this helps!

TheDogLine
06-07-2018, 02:52 AM
It depends on your experties and experience, Franchise business are proven system but it cost you a lots of money but when you start your own business like me you you can invest for small to large capital and you'll create your own business system and super cheaper expenses than franchise. remember low investment = low income, high investment = high income

pauldeguzman0809
06-07-2018, 10:35 PM
A multimillionaire who built Action International up from a home-based operation to the 16th fastest growing franchise in the world in just twelve years, with nearly 1,000 franchises worldwide, Brad Sugars is one of the most successful franchising experts in the world. I think you must read Successful Franchising (http://bit.ly/2HtMD51).

hanif.anze@ldaho.biz
08-14-2019, 01:56 AM
When you are looking at opening your own business, one of the questions that you need to answer is whether you should invest in a franchise model or rather start your own business from scratch. There are advantages and disadvantages in both business models and you should take a careful look at your situation before deciding.

With a franchise model you buy into a proven concept with a lot of the homework already done. Customers tend to buy from shops that they are familiar with and this would be one of the advantages with a franchise model. One of the disadvantages would be the cost of buying a franchise model.

You can save money if you start your own business from scratch. You will also have full control over all areas of the business and will be the sole decision maker. One of the disadvantages is that you will need to cover all of the bases (legal, marketing, finance, operations and HR) all by yourself. It might also take longer before your business reaches the sales needed to cover your overheads.

Which one of the models would you go with and why?

It will take a lot of work, a lot of hits and misses, but it will Nox (https://downloadnox.onl/) Vidmate (https://vidmate.vet/) VLC (https://vlc.onl/) be something that is entirely you. You don't even have to shell out so much money to start your own business. You can dictate the amount of capital that you want to infuse into it and you will be in complete control of the operations.

stevealex000
07-15-2020, 05:14 AM
Partnering with a franchise typically requires a much lower financial investment than starting your own business. You'll pay an initial franchise fee and ongoing royalties, but your franchisor should cover the cost of business expenses such as training, customer support, essential resources, and much more.

soyunmix
12-20-2020, 08:19 AM
Son muchas las razones para pensar en una franquicia

La Inversión es pequeña y específica
La contraprestación por los derechos y la seguridad que otorga el franquiciador al uso de la marca, los productos, sistemas operativos, know-how, actualización, asistencia y suministro de equipos, es el pago de una tarifa de entrada, como es el ejemplo del negocio de https://clat.net/montar-una-lavanderia
No hay un gran capital inicial, pero sí la transparencia de un contrato vinculante por un período de tiempo específico.

Capacitación y actualización administrativa
Se garantiza la asistencia en la gestión gerencial y administrativa para cualquier tipo de actividad franquiciadora. Serás ayudado en la contabilidad, gestión de personal, administración y en todas las operaciones necesarias para gestionar de forma rentable tu tienda franquicia.

Reducción de los costos de marketing y publicidad
Abrir una franquicia significa poder aprovechar todas las ventajas de las actividades de marketing y comunicación ya desarrolladas por la marca. Las inversiones las realiza el franquiciador a través de los canales publicitarios más importantes, con el fin de garantizar el apoyo necesario en promoción, visibilidad e imagen .

Mayor eficiencia de la gestión
Gracias a la experiencia y modelo de negocio de la franquicia, los trámites y actividades suelen ser automatizados y sencillos de implementar , de tal forma que le permiten trabajar como un operador independiente, pero siempre seguido y protegido por el franquiciador. Como propietario, tendrá a su disposición un manual de operación y soporte técnico y operativo durante toda la duración del contrato, para un ahorro efectivo tanto en términos de dinero como de tiempo.

Aproveche los conocimientos técnicos ganadores
Al trabajar en franquicias, eres parte de una gran familia cuyos miembros comparten valores, filosofía, fortalezas y conocimientos . Además de lanzar un nuevo negocio y administrar su tienda, puede aprovechar el éxito de la marca y las relaciones ya establecidas con los proveedores.

Gama continua de productos
El surtido de productos siempre está disponible para cada contrato de franquicia existente. En línea con la demanda y demanda del mercado, el franquiciador se encarga de ingresar y reponer la distribución con el fin de mejorar la oferta y posicionamiento de la marca en todas las tiendas.

bismarc123
05-18-2021, 11:30 AM
To tell the truth, I consider that working with a franchise model waste of time. Indeed, you pay too much for it. When a crisis moment comes, but it comes to everyone sooner or later, you find out that you have wasted a lot of time maintaining someone else's affaire. You did it to the detriment of your possible business. I've dealt with a franchise, and I know what I'm talking about. When I finally realized everything and began to learn how to start a t-shirt business (https://www.printful.com/start-online-tshirt-business) myself, I realized that I had to create everything from scratch again, and it would take several years