Posts Tagged ‘franchise information’

The Internet has propelled franchises to conquer new market and recruit more franchisees. How to wisely use the Internet to benefit your franchise business?

Franchising updates on Twitter

Inspired by Mark Siebert’s article, here are 10 ways to grow your franchise using the Internet as a medium, tool and strategy to ace the competition:

1. Use the Internet to lower your budget in franchise marketing
   The Internet allows franchises to grow and expand on a shoestring budget. For less than $500, you can get a decent website that can easily look and function better than Subway’s website (Subway, in my opinion, has a sub-par website design considering the big name.)…

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Franchise investigation

One of the most logical steps in preparing yourself for franchising is reading as much franchise information as you can. The question is, were to start? Here are some sites that can help you learn more about a certain franchises or franchising as a whole.

International Franchise Association (IFA)

First and foremost, you should visit International Franchise Association (IFA)’s website – Franchise.org. The site contains wealth of resources aimed for franchisors, franchisees, suppliers and investors who look to network, share information and form a partnership.

For franchisors, IFA can help in providing resources that can help them better their franchise business. The resources may include list of…

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Success in franchising

There are always pros and cons in franchising. The pros always believe that strong brand name and proven systems are the main benefits of franchising. The cons always believe that franchising is expensive and unfair (benefit franchisors more than their franchisees.)

I am always pro-franchising. However, I can not deny that there are some legitimate reasons why you should not buy a franchise, if you do not have the proper mindset and knowledge for franchising.

10 reasons not to buy a franchise

According to Nolo.com, there are 10 good reasons not to buy a franchise:

1. Questionable profitability
   Most franchise owners don’t show potential franchisee the whole picture – They…

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