Every day we propose services to our clients. One of these — is a franchise. Our Company frequently uses this term. We think that for today it is one of the most profitable ways to earn money. What is more important — it makes dreams come true.
But here is an interesting fact. A good part of our clients even didn’t know about this word and its meaning.
Of course, we help people to buy the businesses or to sell them. Unfortunately, not everyone is aware of our third part of services — a franchise.
So, what does the franchise mean? With this article, we want to show you how much we have to propose to you. We must let you know all the possible ways to make your dreams come true.
So, we decided to make it more transparent for your understanding. And the most important, you will be able to determine - the franchise is the right decision for you or not.
The franchise is a license that allows running the other existing businesses. The main requirements for the franchise are: to use the Company’s name and to sell its products or services.
In exchange, you pay an initial franchise fee and ongoing royalties. The process has to be granted by a Franchise Company.
In other words, it is a method of distributing products or services involving two persons—a franchisor who establishes the brand’s trademark or trade name and a business system. And a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. The practice of creating and distributing the brand and franchise system is most often referred to as franchising. Franchise companies provide training, structure, support, market expertise, and they have a vested interest in your success.
If you are an educated, family-minded, success-oriented, and ex-corporate person, we are sure that franchise is definitely for you. Also, if you are comfortable with long term commitments, have some business experience, and are willing to learn new skills and procedures - don’t even wait!
We hope that now you understand the meaning of this process. If you are interested enough in the franchise, you can have some additional questions to clarify. The practice shows that the most frequent is - why should I pay royalties? We understand why you are interested in it, and we will gladly answer this question. Our services are a mix of some other professions. Buying a franchise, like any other business, requires a lot of various services. And now imagine - paying once, you hire a management, marketing, training, and customer support, team. How great is that! The vast majority of royalties are only between 4% and 8%. A franchisor provides you with ongoing knowledge, assistance, and support so you can reach your financial goals. It’s worth it.
And don’t forget about our free service. It will help you determine if franchising is for you. If you are looking for greater security from downsizing, more control of your life, and the dream of independence, Transworld can help you get there. We will find you an affordable franchise. We will also teach you to analyze and to evaluate the pros and cons of the opportunity to ensure the Company is the right fit for you safely!