Making Your Fortune With a Retail Franchise
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Naz Daud
Mar 24, 2013, 8:10:02 PM3/24/13
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Please consider this free-reprint article written by:
Naz Daud
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Article Title: Making Your Fortune With a Retail Franchise
Author: Naz Daud
Word Count: 528
Article URL: http://www.isnare.com/?aid=1794985&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1794985
Easy Publish Tool: http://www.isnare.com/html.php?aid=1794985
*********************** ARTICLE START ***********************
One of the favorite make-believe games that young children play is managing their own shop, and they can have hours of fun setting up displays and pretending to serve customers. Although we leave the make-believe behind as we grow up, the desire that many of us have to be our own boss and to be in charge of the day to day running of our own company never really changes. One of the best ways of going into business for yourself is to buy into one of the many retail franchise business opportunities on the market.
Types of Retail Outlet
There are a huge number of retail businesses which have expanded using a franchise model. Some of them are household names like Papa John�s pizza or Snap-on Tools. There are also many other less well-known companies which offer franchises too. Although it is normally the case that the more well-known and established the company, the more expensive the franchise fees, but this is not necessarily the case when buying into a retail operation. However even the cheaper fees to get started run into the tens of thousands, so buying into this sort of business isn�t a decision to be taken lightly.
Structure
Once you�ve decided on the sort of business you want to run, this will very much determine the sort of hours you will be working, how many staff you will need to recruit to assist you, and what other regulations you will have to be aware of. A pizza delivery operation for example will require someone who is up to date with all of the legislation concerning hygiene and food preparation, and who is prepared to work late nights and weekends. A furniture store offers more regular office hours, but may need more specialist knowledge in terms of the manufacture and benefits of the different product ranges.
Getting Help
Running any sort of retail business is never a one-person job, and even if someone has bought into the franchise on their own, they will need managers and staff to help with the day to day operations. Finding the right people can be difficult, especially when they are expected to work early or late shifts. Staff turnover in the retail industry is notoriously high as wages are low and staff members often have little loyalty to their employer. Staff problems can take up a large percentage of a manager�s time, and business owners may feel that the ins and outs of organizing rotas doing the wages takes up far more of their time than they had intended.
Benefits
Despite the drawbacks, there are many benefits to running your own retail outlet. There is ample opportunity to expand into neighboring areas if so desired, and if you have managed to secure a great location for your outlet the turnover of the store can be huge. If you have been lucky enough to recruit an experienced and efficient manager, as a franchise owner there is often very little that you have to do on a day to day basis.
About The Author: Naz Daud This article is free for reproduction but must have live internet links to the following webpages: http://www.citylocal.co.uk/ http://www.citylocal.co.uk/businessfranchise/ http://www.citylocal.co.uk/businessfranchise/faqs.php & this copyright statement must also be included.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1794985
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Naz Daud
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1794985
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1794985
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Making Your Fortune With a Retail Franchise
Author: Naz Daud
Word Count: 528
Article URL: http://www.isnare.com/?aid=1794985&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1794985
Easy Publish Tool: http://www.isnare.com/html.php?aid=1794985
*********************** ARTICLE START ***********************
One of the favorite make-believe games that young children play is managing their own shop, and they can have hours of fun setting up displays and pretending to serve customers. Although we leave the make-believe behind as we grow up, the desire that many of us have to be our own boss and to be in charge of the day to day running of our own company never really changes. One of the best ways of going into business for yourself is to buy into one of the many retail franchise business opportunities on the market.
Types of Retail Outlet
There are a huge number of retail businesses which have expanded using a franchise model. Some of them are household names like Papa John�s pizza or Snap-on Tools. There are also many other less well-known companies which offer franchises too. Although it is normally the case that the more well-known and established the company, the more expensive the franchise fees, but this is not necessarily the case when buying into a retail operation. However even the cheaper fees to get started run into the tens of thousands, so buying into this sort of business isn�t a decision to be taken lightly.
Structure
Once you�ve decided on the sort of business you want to run, this will very much determine the sort of hours you will be working, how many staff you will need to recruit to assist you, and what other regulations you will have to be aware of. A pizza delivery operation for example will require someone who is up to date with all of the legislation concerning hygiene and food preparation, and who is prepared to work late nights and weekends. A furniture store offers more regular office hours, but may need more specialist knowledge in terms of the manufacture and benefits of the different product ranges.
Getting Help
Running any sort of retail business is never a one-person job, and even if someone has bought into the franchise on their own, they will need managers and staff to help with the day to day operations. Finding the right people can be difficult, especially when they are expected to work early or late shifts. Staff turnover in the retail industry is notoriously high as wages are low and staff members often have little loyalty to their employer. Staff problems can take up a large percentage of a manager�s time, and business owners may feel that the ins and outs of organizing rotas doing the wages takes up far more of their time than they had intended.
Benefits
Despite the drawbacks, there are many benefits to running your own retail outlet. There is ample opportunity to expand into neighboring areas if so desired, and if you have managed to secure a great location for your outlet the turnover of the store can be huge. If you have been lucky enough to recruit an experienced and efficient manager, as a franchise owner there is often very little that you have to do on a day to day basis.
About The Author: Naz Daud This article is free for reproduction but must have live internet links to the following webpages: http://www.citylocal.co.uk/ http://www.citylocal.co.uk/businessfranchise/ http://www.citylocal.co.uk/businessfranchise/faqs.php & this copyright statement must also be included.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1794985
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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