All the resourses and information you need to research, finance and successfully run a franchise.
A Franchise is a joint venture between franchisor and franchisee. The Franchisor is the company or individual with the original business setup, usually already proven to be successful and it sells the right to a Franchisee to use its: name, business plan, idea, products, marketing plans, trademarks, technologies, intellectual property and more. The Franchisee buys this right to sell the Franchisor's goods or services under an existing business model using their name, trademarks, business plan, products, ideas, marketing, technologies, intellectual property and more. Many Franchisee’s already have sources of funding to help the Franchisor purchase and finance the Franchise, ut usually only for well qualified buyers. There are ‘many’ Franchise opportunities of all pricing from $100 to as much as $10 million. There are many low cost Franchise opportunities. Usually a Franchise has a brand as they are building an image for their Franchise
A Small Business Opportunity is different from a Franchise in the following ways… A Small Business Opportunity is in its simplest terms ‘a packaged small business you can buy and quickly be in business ’. Also, unlike a Franchise, the buyer typically purchases the entire business and the seller is no longer involved. And there are special tax, financing and other benefits under the Small Business Opportunities Act of 2012 to help individuals succeed. One problem is, unlike a Franchise, you do not have the seller still involved that is focused on your success, so you typically are provided most things you need for success, but you do not have a Franchisee that will stay involved to help you. A Small Business Opportunity, many times does ‘not’ have a brand name, as you usually are purchasing the entire business, not a Franchise of a business. Usually the seller does not have financing available to purchase this business, however there are MANY of these Business Opportunities that you can run from home and purchase for $50 to $500
Franchisee feedback from InXpress owners resulted in the company being named in Franchise Business Review’s first-annual “Culture100,” award-winners. InXpress was recognized for its unmatched company culture and included within The Top 100 Franchises, which received the highest ratings for leadership, mission, community, and overall franchisee satisfaction.
Today we see that franchising has metamorphosed into an international phenomenon. It has been over four decades since Colonel Sanders introduced Kentucky Fried Chicken to crowds of fascinated customers and a blaze of press coverage in Japan. International franchising today has expanded into approximately 160 countries, with the number increasing each month.