| America is a great place, you can start a business | | | | -90% are out of business by the tenth year |
| in just a day. | | | | With the comparison of those two statistics alone, |
| You have many options to chose from. You can | | | | it is plain to see why people choose to go the |
| go to the Franchise route and start one of the | | | | franchising route versus just a normal business |
| following: Food Franchise, Business Franchise, | | | | opportunity. |
| Automobile Franchise, Daycare Franchise, Fast | | | | The Franchisors provide the franchisee with great |
| Food Franchise, Retail Franchise, Hotel Franchise, | | | | support, products, and assistance in marketing. |
| Travel Franchise, Home-Based Business Franchise. | | | | Marketing is a crucial factor for franchises to gain |
| The opportunities are endless for eager business | | | | market share within the first couple of years. If |
| owners. | | | | nobody knows about your business, it is hard to |
| The walks of life that prospective Franchise | | | | gain customers. |
| owners take is from all different paths. | | | | The Royalty Fees are supposed to help in regional |
| Frustrated corporate workers, previous business | | | | and state-wide advertising efforts for the |
| owners, college graduates, even teachers choose | | | | franchisee. The percentage that is used for |
| the Franchise route. | | | | advertising varies from franchise to franchise, but |
| Why do they choosing Franchising? | | | | generally it is around 2-3%. |
| Well, the statistics speak for themselves. | | | | It is my belief that independent start-ups or |
| -Less than 4% of franchises fail in their first year | | | | business opportunities fail so quickly due to the |
| of operation | | | | lack of marketing and exposure. |
| -90% of franchises are said to still be in business | | | | The owners get discouraged very quickly and |
| ten years after opening | | | | fold-up before investing too much time and |
| Independent start-ups, also known as just normal | | | | money. This is unfortunate, because many of |
| business opportunities are a bit different, well | | | | these businesses are great ideas and could offer |
| actually a lot different. | | | | a great value to the customer- many times even |
| -38% cease operation in twelve months of | | | | better then a franchise could offer. |
| opening | | | | |