The Advantages of Franchising

With a success rate greater than 90%, franchises have the highest success rate and lowest failure rate of any business.

Compare this to the fact that most people can't even predict that they will keep their job with 90% certainty.

Successfully franchising any business results from replicating a proven business model that includes the following:

Consistent Value - Superior products available at a value beyond what is normally expected by customers, employees, suppliers and lenders.

Operating Systems - The ability to employ people with the lowest possible level of skill who can be trained to meet the standards of any business niche. People can easily be trained to meet the specifications the industry.

Organization - An environment that stands out as a place of impeccable order and cleanliness. Franchises are quick, efficient and most of all convenient for customers.

Operations Manual - Everything is documented in Operations Manuals. These detailed manuals give all the information needed to control the day-to-day operations of your franchise. From hiring and training employees to the day to day operations of the franchise these manuals make operations as simple and smooth as possible.

Predictability - Customers can expect consistently predictable service, quality and products at every location.

Uniformity - Team identity is built by uniform color, dress and facilities code. A customer can immediately recognize the business.

Experience - Avoid mistakes and learn from the success of others. These franchise business models have proven successful and have the benefit of day-to-day operations that are decided and easily maintained.

Training - Learn what you need to succeed, from experts in the business. Franchises often offer the highest level and quality of training from people who are in the business.

Support - Have mentors and a team of people working to further your success. Franchises offer a corporate staff that franchisees can turn to.

Name Recognition - Brand identity with well known products gets thing off to a fast start and provides credibility that is vital to success. Franchises often provide a link to well known brand names that customers recognize.

Advertising - Professional marketing and experience come together to make the best use of advertising expenditures. Franchises offer advanced marketing teams that can back your business.

Site Selection - Landlords prefer franchises because of a stable track record and successful business model.

Learn from the success of others. Successful franchisees are proof that a Franchise business model is on the competitive edge in its industry.

Why spend years and many thousands of dollars "reinventing the wheel," when you can take advantage of a solid business system and a brand name that others have already made successful?

Top Performance

Today, new franchises are opening at an average rate of one every eight minutes all across the USA.

An International Franchise Association study reports that franchising is responsible for 760,000 businesses, 18 million jobs, 14 percent of private sector employment, and over $500 billion in payroll!

While less than 10% of businesses are franchised, it is estimated that they account for nearly 50% of all retail sales in the United States. That is more than four times their share of dollars.

A 1999 US Chamber of Commerce study found that 86% of franchises were still under the same ownership and 97% of were still in business after five years.

Compare this to a US Small Business Administration study from 1978 to 1998, which found that 62% of non-franchised businesses closed within the first six years of their existence.

You are headed in the right direction. Franchises have helped turn dreams into reality for millions of people, but individual success depends upon following some basic principles.

In order to effectively evaluate a franchise, you must know yourself and learn about the industry of the franchise company and their place in it.

You can avoid the mistakes of other new business owners. Franchises fail because of bad research and lack of dedication. Find a franchise and an industry that works for you and can be enjoyable for you and your family. This is an investment that you want to enjoy for years to come.

This fact underscores the incredible value of our step by step franchise discovery process. At Franchise Hawk, we are experienced entrepreneurs focused on helping you learn about the many choices available and how to select the right business for YOU.

Buying a franchise reduces your risk and provides a proven way to turn your dreams into reality.