Franchising TNT

For a variety of organizations the notion of growing into other international regions is a highly attractive proposition. Alas, for most it also feels like an insurmountable challenge that is just too difficult to contemplate seriously. But franchising can provide the remedy. In comparison to to the large financial commitment required to open up wholly owned subsidiaries in the selected marketplaces, it is relatively low cost, low risk and critically it uses the local abilities of individuals accustomed to doing commerce in that country. There are lots of organisations that will not franchise in their domestic market yet have decided to develop internationally making use of a franchise strategy, which includes some significant, well known companies.

The initial thing to say is that international franchising must only be attempted together with the support of first rate, experienced franchise experts. It really is a complex subject and a small outlay in specialist advice at the start might make the entire undertaking simpler and more successful.

It is an obvious point to make, but international markets tend not to operate in the same way as the market does in your region. Apparent though it is, many organisations have learnt this the hard way. Local legislation and legal systems are going to be different, ways of undertaking business might be different, regional culture will be different and customer behaviour will be different. In truth all of these things are extremely appealing motives to franchise. Having a high-quality franchisee who is a business person used to working in the local market is critical and will assist you enormously.

So who is this franchisee and what do they do? Well there are several solutions to structure an international franchise system. Starting at the bottom you could decide on direct franchisees – that’s people whose function is to open and run the business units themselves. Or you might decide on regional developers whose function it is to take on and manage the franchisees who run the business units. Then again you could decide to hand over the development of a entire country or region to your master licensee who effectively becomes the franchisor for that territory. They then may either recruit regional developers or franchisees.

Each of these methods has its merits and the solution is to do with the kind of business that you’re in, the role you wish to adopt in the franchising structure and the regions you wish to enter. The critical thing is to have high-quality assistance ahead of making the choice, because once made it is hard to undo.

Having done the analysis and formulated the applicable strategy for each international territory being focused on the correct documentation has to be developed. Each layer of the franchising structure needs guidance on the way to operate along with a legal framework in which to operate. Once more a top quality franchise consultant will have the ability to help you with this.

Finally, the task of locating the best companies to work with starts. Master licensee and franchisee recruitment may take time, but the critical thing is to make certain you locate the correct companies to work with. When utilising the services of high-quality international franchise consultants it is a mixture of marketing and networking that achieves the best results.

Starting your own business can be nerve wracking, there are a million and one things that you will need to take care of, from the quality of your product or service through to your branding and marketing, from your front of house to your supplies and logistics. Generally speaking when you start your own business you need to take care of all these different areas yourself and there will be an area, or areas, where you struggle. There is a better way: franchising. With franchising you get all the benefits of running your own business with far less risk, many of the secondary tasks and areas are taken care for you when you run a franchise, from marketing to supply, leaving you to focus on your primary business tasks. You can find great franchise businesses for sale right now.

You will find that there are some incredible franchises available right now. You can find one that suits your talents and passions. Running a business under a franchise means that you get all the advantages of being part of a big business, such as the name recognition, the power of bulk buying and the massive advertising budget all while still being your own boss.

When you start a franchise you get a proven business model, you get to open your own business yet you have the support and guidance of a successful team that will help you at every step of the way, which means that you are far more likely to succeed.

Starting a franchise also means that a you will have a shorter time to opening, you will be give both initial training and ongoing support and you will benefit from having a network of peers (fellow franchisees) who can provide advice and moral support through annual conferences, and franchisee associations; and, increasingly, assistance with securing funding.

If you want to find some great business franchises in Australia then you need to work out what kind of work you want to do. Many people who want to start their own franchise are keen to become more free in their work lives, meaning that a good franchise is one where they are mobile and can pick and choose which clients or customers to pick up.

Take a pool cleaning franchise, you can work in the area near your home and can choose how much you work. You can find some great pool business for sale right now.

Author Bio:

Forthepast3yearsIhavebeenwritinginformativeandhigh quality articlesontopicsuchas business for sale,business franchises,pool business for sale andmanymore.

Franchises: Levels of Opportunity
Franchising offers franchisees a level of opportunity which is not possible in regular businesses. A start-up venture with an established brand, as well as with the support of seasoned professionals, is a tremendous advantage to a business person. Yet many do not realize that varied levels of opportunity are available within franchising. Franchisors can offer the standard franchise but there are also additional options for franchisees.
Types of Franchises
A mini-model – suitable for those with less capital
An in advance option allowing franchises to take on additional units based on future performance of the first location
A large territory option allowing an entrepreneur to become an area developer
A master licensing option in which an entire country or State is your playing field
Ideally, franchisees should enter at the most suitable level for their skills. Most franchisors will enjoy a challenge but nobody thrives in a business if they feel overwhelmed by the commitment. When you are exploring and comparing different franchises, understanding yourself is an invaluable asset.
Remember that a franchise is a long term commitment maybe five or ten years. Although in regards to franchises, commitment can be a relative term. Within the contractual commitment, the standard franchise is five years with the possibility of renewal for every 5 years subsequent to that period. The opportunities for renewal can extend up to a maximum of 15 to 30 years (and possibly ongoing) depending on the particular franchise.
Everyone does not have a clear understanding of franchise licenses. Many individuals are under the impression that franchises extend for an exact 15 or 25 years. Some people believe that franchises do not have an expiry date. The first franchise systems in North America did not have an expiry date. As franchisors leaned more about the industry, they realized that having no expiry date was not favorable to franchising.
The lifetime licenses ran into problems in two specific areas locations and losses. When locations began to show signs of age, franchisees lost interest and became complacent about their business. Since a neglected franchise can weaken the entire franchising system, the failing business becomes an impediment to future sales on the customer and franchisee side.
In addition, older contracts neglected to enforce rules and regulations about modernization. New locations did not open and the brand could not experience consistent growth. The whole system was affected in a negative manner. The lifetime licenses resulted in inadequate regional representation and often in failed franchises. Todays licenses include guidelines which encourage the franchisee to stay current in the modern marketplace.
If current franchisees let their business run down or do not market it in a proper manner, they need not expect a renewal following the five-year period. Modern renewable-on-conditions contracts help protect the investment of the franchisor and the franchisee. These contracts help maintain and increase the value of locations and ensure the health of the franchise. Since franchises are an extremely synergistic setup, the guidelines set up a winning scenario for the entire franchising system. Offering distinct levels of business opportunities, modern franchising is a flourishing industry.

What made franchising a popular trend in the Philippines? Franchise businesses, such as food-cart and food-stall businesses, had gained a lot of popularity and demand in the Philippines. The reason why is because of the opportunity for Filipinos to start a successful business, while it also serves as a popular solution to poverty by the government.

Franchising Industry in the Philippines
According to the PFA, or the Philippine Franchise Association, the franchising industry of the Philippines had grown immensely since the start of small Franchising business Philippines, such as food-cart and food-stall businesses.

In a report by the PFA, the number of franchises in the country had grown from only over 50 in the 1990s, to over a thousand since 2009, and it kept growing even today.

Its growth was a major milestone in the franchise industry of the Philippines, and the government had also seen its potential as a solution to the growing problem of poverty in the Philippines. A popular application of franchise business by the government is when OFWs from Libya had fled the country to return home.

Because most of them doesn”t have any work in the Philippines, the government had gave them a free business management course on how to manage a small business, particularly managing a franchise business such as a food-cart or food-stall business.

In addition to that, another contribution that the franchise industry of the Philippines had given to its economic growth is by providing Filipinos with more jobs. According to the PFA, the growth of the franchise industry of the Philippines had created thousands of enterprises which generated hundreds of thousands of jobs, making franchising an important tool in the country”s economic growth.

Accomplishments for the Philippines
The growth of the franchise industry of the Philippines had also garnered a number of recognition for the Philippines in the world market.

According to the PFA, the growth of franchise business in the Philippines had recognized the Philippines as the “franchise hub of Asia” when it comes to the development of franchise concepts. This had also allowed entry into the international market of Filipino brands and concepts.

These and other achievements have made franchising the preferred business method for more and more entrepreneurs “” both aspiring and established.

The food and beverage industry is gaining tremendous pace in the last few years. The health food and beverage market is projected to grow at a growth rate of about 35 per cent per annum as per a recent study conducted by the Tata Research Management Group. This growth can be attributed to the new and unique business opportunities coming up in the F&B industry. Frozen yogurt, is one of such international business concept witnessing extensive popularity in India.

Frozen yogurt is available in different flavours and offers rich experience to consumers with its delicious and mouth-watering assortment. In India, people in general consume yogurts for climatic as well as health related benefits but with hectic life style only a few can enjoy its home-made taste. Moreover with Indians getting more brand conscious, people are consuming readymade yogurt from a branded outlet. As informed by G.S. Bhalla, MD Cocoberry, When we started off there was no other yogurt outlet chain in market. The success that we have achieved has happened due to our proud franchisees. Let us have a look at few other factors which have given a boost to this unusual business concept pan India.

Boosting factors for yogurt business

Buying a flavoured yogurt franchise is comparatively a recent development in the Indian markets. However, this unique business opportunity assures success if operated efficiently. Presently, with more and more people becoming health conscious, it is considered the best food item to offer taste as well maintain health. Secondly, increased disposable income and peoples preference of eating out can also guarantee its success. Busy schedules and women working outside, leaves less time to make yogurt at home. On the other hand, with the concept of frozen yogurt pepping up consumers preferences, people are changing to tastier and healthier options of yoghurt. Another factor added to yogurt franchising is the comfort that it offers to women entrepreneurs. Women who are fond of cooking or preparing special food items can take a frozen yogurt franchise and turn their hobby to a successful business.

However, aspirants who are still undecided about taking a franchise or starting their own business of this unique opportunity need to understand first why franchising is always a better option.

Franchising of yogurt business

Though yoghurt franchise business is quite popular internationally, but is in emerging stage in India. At present, there are only two franchise brands in India, but that the concept is catching up fast among other franchise brands.

Niche segment benefits:

Aspiring entrepreneurs can cash-in many benefits of this unique business opportunity. This is due to the few franchise players in the segment who are still in the expansion mode. These players would give individual attention to the debutants as they are keen on expanding their business venture. Therefore, aspirants can get a lot of assistance from the parent company.

Low investment

The second reason for its popularity is its low cost investment as compared to other F&B outlets. As informed by Bhalla, Cocoberry Franchise Partner System starts at a low investment model depending on location and size. Low investment and higher repeat sales ensure a healthy return on investment (ROI) for franchisees.

Increased acceptance

However, brands like Cocoberry has proved its success by opening 16 operational stores, out of which 11 are franchisee owned. Kiwi Kiss, a Canadian frozen yogurt chain, better known for its juice and smoothie brand Jus Booster Juice has plans to bring their yogurt brand in India soon. This development shows the rising popularity of the unique concept in India.

Cautions while running a yogurt franchise

Every business demands lot of care and cautions. Yogurt franchise is no such exception from other successful businesses. A few precautions are given below:

Maintaining health and safety issues:
FMCG food item so it can perish in a short time.
Adhere to franchise rules in maintaining standards

To conclude, it can be said that running a yoghurt franchise is quite easy and simple. Aspiring entrepreneurs are sure to get lucrative benefits by taking its franchise now as this concept is gaining huge acceptance across the nation.