Franchising in Today’s Economy

Business owners like you franchise for 3 reasons:

• You want to grow faster than opening other locations yourself
• You  want to grow using other’s capital & energy
• You want to grow without managing more employees

In today’s economy this is even more important as the unemployment figures approach 10%. More people are looking for a business to get into to replace their lost job or they just want to get out of the corporate rat race and work for themselves.

The lower the cost of a franchise, the more potential buyers you have. And the lower the cost, the better chance they have of being successful in replacing their job.

Franchising works for companies whose real net profit is enough to allow the franchisee to pay a Royalty Fee (usually 5-6% Gross Revenue), pay himself, and have enough leftover to earn a 20% return on his investment. These numbers will vary, according to the industry, but on average they provide a good yardstick.

I don’t know of another business model that works so successfully to double the bottom line of your business. By simply selling 3 to 5 franchises, you are able to double your profits.

Of course, you wonder if the franchisee will deliver the same quality and service that you do. This is a legitimate concern. The solution is good initial training and at least quarterly follow-ups. That is where your management skills come into play. Picking the right franchisee and good management follow-up will substantially increase the your franchisees chance of success.

Businesses that work with us find that we are:

• Affordable – We offer turnkey development for less than $20,000
• Fast – We can have you ready to sell franchises in 6 weeks and ready to train in another 6 weeks.
• Hands On – You work directly with your consultant, not a group.

Our company, Franchise ASAP, provides turnkey franchise development and we welcome the opportunity to share with you how franchising could substantially help you grow your business.

Check out our website www.franchiseasap.com and give us a call at 770-595-1055.