Buying A Franchise in USA
USA related forum posts
Hi, I would be interested in knowing whether it would be a good move to expand my cleaning company to the US. How would you go about doing this?
Total Posts: 2 Last post by vroomr513
Hi, I would like to start up a Business in Seattle WA. Its fruit and candy bags to grocery stores and bigger grocery chains I would like to know if someone know about a contract that I could sent to the danish company?Because I'm going for my own business and not just try to sell for the danish company.Please help. Thanks,Mathias Vinther
Total Posts: 6 Last post by aladjihassan
Franchising in the US
Franchising is the licensing out of a business name, product, technique, philosophy, trademark, etc, for a percentage of the income. Instead of setting up new outlets as part of your expansion, you license your existing business blueprint out to franchisees who then set up and manage it for you.
The benefits of franchising your business in the USA include: more freedom, as the franchisee takes on major responsibilities; minimal expense; lower cost and higher profits; potential for fast growth; brand building.
Disadvantages of franchising a business in the USA: although few, rely predominantly on your franchisees. They include: poor quality franchisees; franchisees not declaring all income; poor performance.
The business format franchising has been representing the driving tool to start franchising in the USA since 1950. Around the middle '50s the first McDonald's, Pizza Hut and Kentucky Fried Chicken restaurants were opened. Since then, the franchising formula has never ceased to an extremely successful and profitable way of starting a business in USA.
Organisations that can assist with Buying A Franchise
Business transfer agents and business brokers. Find franchise opportunities and off the shelf companies