Franchising
Buying a Franchise
Buying a franchise is a great way to minimize risks when you start a business. But if you think buying a franchise guarantees success, think again.
An important step in the small business start-up process is deciding whether or not to go into business at all.
Each year, thousands of potential entrepreneurs are faced with this difficult decision. Because of the risk and work involved in starting a new business, many new entrepreneurs choose franchising as an alternative to starting a new, independent business from scratch.
Although the success rate for franchise-owned businesses is significantly higher than for independent businesses, no individual franchise is guaranteed to succeed. One of the biggest mistakes you can make is to hurry into business, so it's important to understand your reasons for going into business, and to determine if owning a business is right for you.
If you are concerned about the risk involved in a new, independent business venture, then franchising may be the best business option for you. But remember that hard work, dedication, and sacrifice are essential to the success of any business venture, including franchising.
What is Franchising?
A franchise is a legal and commercial relationship between the owner of a trademark, service mark, trade name, or advertising symbol and an individual or group wishing to use that identification in a business. The franchise governs the method of conducting business between the two parties. Generally, a franchisee sells goods or services supplied by the franchisor or that meet the franchisor's quality standards.
Franchising is based on mutual trust between the franchisor and franchisee. The franchisor provides the business expertise (marketing plans, management guidance, financing assistance, site location, training, etc.) that otherwise would not be available to the franchisee. The franchisees brings to the franchise operation the entrepreneurial spirit and drive necessary to make the franchise a success.
There are primarily two forms of franchising:
- Product/trade name franchising and
- Business format franchising.
In the simplest form, a franchisor owns the right to the name or trademark and sells that right to a franchisee. This is known as "product/trade name franchising." The more complex form, "business format franchising," involves a broader ongoing relationship between the two parties. Business format franchises often provide a full range of services, including site selection, training, product supply, marketing plans, and even assistance in obtaining financing.
To learn more about:
- The advantages and disadvantages of franchising,
- The franchisor's responsibilities,
- What is contained in a franchise packet, and
- Understanding the franchise contract,
Want to Learn about Franchise Opportunities?
Browse tons of franchise opportunities in the Gaebler Ventures franchise directory:
Gaebler Ventures Franchise Directory Categories - Alphabetical Listings
- # - How to Find a Good Franchising Opportunity
- A - Franchises for Sale
- B - Directory of Franchises
- C - How to Find Franchise Business Opportunities
- D - Franchising Information
- E - Finding a Franchise
- F - Franchise Directory
- G - How to Buy a Franchise
- H - Owning a Franchise
- I - How to Own a Franchise
- J - How to Choose a Franchise
- K - What's the Best Franchise for You?
- L - Franchise Businesses
- M - Learn About Franchises
- N - Franchise Companies
- O - Want to Start a Franchise Business?
- P - Franchise Info at Your Fingertips
- Q - How Do I Buy a Franchise?
- R - How Much Do Franchises Cost?
- S - Start a New Franchise Business
- T - Franchising Process
- U - Franchise Lists
- V - Franchising Lists
- W - Franchise for Sale
- X - Purchasing a Franchise
- Y - Need to Find Franchising Info?
- Z - Learn about Franchising
Gaebler Ventures Franchise Directory Categories - By Franchise Type
- Accounting Franchises
- Apparel Franchises
- Asian Restaurant Franchises
- ATM Franchises
- Auto Parts and Tools Franchises
- Auto Rental Franchises
- Auto Repair Franchises
- Auto Sales Franchises
- Automotive Services Franchises
- B2B Franchises
- Baby Franchises
- Bagel Franchises
- Bakery Franchises
- Bath Remodeling Franchises
- Blind Repair and Sales Franchises
- Bookstore Franchises
- Business Services Franchises
- Candy and Chocolate Franchises
- Car Wash Franchises
- Carpet Care Franchises
- Carpet Retail Franchises
- Cartridge Recycling Franchises
- Cell Phone Franchises
- Child Care Franchises
- Child Education and Tutoring Franchises
- Child Entertainment Franchises
- Child Photos and Portraits Franchises
- Child Safety Franchises
- Children Arts Programs Franchises
- Children's Fitness Franchises
- Children's Franchises
- Cleaning and Maintenance Franchises
- Closet Design and Construction Franchises
- Coffee Shop Franchises
- Construction Franchises
- Consulting Franchises
- Convenience Store Franchises
- Dating Service Franchises
- Deli Restaurant Franchises
- Dollar Store Franchises
- Donut Shop Franchises
- Dry Cleaning & Laundry Franchises
- eBay Franchises
- Embroidery Franchises
- Employment and Staffing Franchises
- Environmental Testing Franchises
- Family Restaurant Franchises
- Fast Food Franchises
- Financial Services Franchises
- Fitness Franchises
- Flooring Franchises
- Florist Franchises
- Food and Drink Franchises
- Framing Store Franchises
- Franchises that Serve Liquor
- Frozen Yogurt Franchises
- Gift Items Franchises
- Golf Franchises
- Hair Styling Franchises
- Handyman Services Franchises
- Hardware Store Franchises
- Health and Beauty Franchises
- Health and Diet Franchises
- Health Franchises
- Healthcare Franchises
- Healthcare Services Franchises
- Healthy Alternative Foods Franchises
- Home Décor Franchises
- Home Furnishings Franchises
- Home Inspection Franchises
- Home Repair Franchises
- Home Services Franchises
- Hotel and Motel Franchises
- Ice Cream Franchises
- Insurance Franchises
- Interior Environment Franchises
- IT Franchises
- IT Training Franchises
- Juice Bar Franchises / Smoothie Franchises
- Kid Friendly Franchises
- Kitchen Design Franchises
- Landscaping Franchises
- Leisure and Entertainment Franchises
- Mail and Shipping Services Franchises
- Marketing, Sales and Advertising Franchises
- Meal Preparation Franchises
- Mexican Restaurant Franchises
- Miscellaneous Franchises
- Modeling Franchises
- Moving Franchises
- Party Supply Franchises
- Payday Loan Franchises
- Payroll Service Franchises
- Personal Services Franchises
- Pest Control Franchises
- Pet Franchises
- Pizza Franchises
- Print and Sign Franchises
- Real Estate Franchises
- Rental Franchises
- Restaurant Franchises
- Restaurant Services Franchises
- Retail Franchises
- Seafood Restaurant Franchises
- Security Franchises
- Senior Care Franchises
- Soccer Franchises
- Specialty Foods Franchises
- Sports Franchises
- Sports Restaurant Franchises
- Tanning Franchises
- Tax Preparation Franchises
- Telecommunications Franchises
- Textile Repair Franchises
- Training and Education Franchises
- Travel and Leisure Franchises
- Vending Franchises
- Video and DVD Rental Franchises
- Video and Photography Franchises
- Wedding Franchises
- Wine Franchises
Our Directory of Franchise Opportunities now includes over 1,400 franchise opportunities. If we're missing a franchise, please let us know.
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