Welcome to Franchise Resources
Make Your Dreams of Owning a Business - a Reality!
Through an efficient interview process your Franchise Resources Advisor will thorougly undestand your lifestyle needs, business goals and financial requirements. more info
Franchise Resources utilizes an easy 10 step process to help find and match the right franchise that meets your nees, goals and requirements. more info
Franchising is a business strategy for getting and keeping customers. It is a marketing system for creating an image in the minds of current and future customers about how the company's products and services meet their needs. more info
The advantages of owning a franchise provide a good rationale for starting a business by investing in a franchise concept. These advantages explain why most people feel that owing a franchise has higher returns and lower risks than starting a business from scratch or buying an existing business. more info
It is estimated that 73% of the American workers dream of owning their own business. The reality is only 3% of them ever follow through and buy a business of their own.
The book, Street Start Franchising, states that of the individuals looking to buy a franchise only 1% ever purchase one.
Why do the above facts hold true? There are many reasons, such as lack of money or lack of a good business concept. But, one of the major reasons is that people lack the knowledge to make a truly informed buying decision.
If you lack the knowledge required to buy a business, then you will never buy! This is true regardless of how much you want a business of your own.
There are several ways that you can go into business for yourself. You can become an independent contractor, buy an existing business or start from scratch a business of your own. But, you came to this website because you are interested in buying a franchise.
Franchising is one of the best decisions that you can make if you are considering going into a business for yourself. In franchising, you are buying into a proven concept with proven operating systems. The franchise company will provide you with the training and support necessary for you to operate your business.
Does this mean that everyone that goes into franchising is successful, or reaches the level of success they desire? The answer is a resounding "NO"!
Not everyone is successful because not everyone is created equal. Some people have better experience, have more money, have a greater work ethic than others, and some people make a poor choice of the franchise to buy.
Just like people are not created equally; neither are franchises. There are numerous reasons why certain people should not buy particular franchises. The way to increase your odds of success is to do a thorough evaluation of yourself. Find franchises that match the findings of the evaluation.
Unfortunately, most people do not perform a thorough evaluation. Instead of looking inward, they choose a franchise based on input from friends, or something they have read on an Internet site, or because they like the products of a franchise. Some people may try to educate themselves, but most of the education is done by talking with representatives of franchise companies. The franchise companies have one goal in mind when talking with someone that contacts them, and that is to convince you to buy their franchise.