May 2008 Archived Franchise Articles

Every so often, I hear someone mention how much they don’t like children, or they say that children are fine but not for them, or they remark that they can’t understand kids and kids just don’t like them.  Whatever the story, what the statement amounts to is that children aren’t exactly desirable, which I suppose is, for some people, a tolerable statement to make, but if you’re reading this article and you’ve resonated with any of the aforementioned notions, I recommend you not waste your time reading any further.  For anyone else, who at least find children perhaps the least bit enjoyable, considering a franchise opportunity with kids is a noble decision, but don’t forget to count the costs and benefits before you leap into it.
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Sounds like a bit of an odd question, doesn’t it?  I mean, it would serve to reason that if when you look in a mirror you see the physiological signals that you are in fact a woman, then a women’s franchise would make a fair degree of sense for you.  However, in the age of gender equality, making a staunch, declarative statement like that could very well get a person strung up by his—or her—toenails.  So in the interest of my poor, brittle toenails, I’ll politely duck away from making politically incorrect, stereotypical remarks about franchising and attempt to open up our understanding of a “women’s franchise” and the franchisees for whom they succeed.
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The Answer to Grow Any Business and Access Unlimited Abundance: OneCoach Founders Co-author a New Book to Help Entrepreneurs Succeed Faster
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In 2006 Tony had reached a crossroads in his career. After 15 years the company he had worked for gave him a choice, move 250 miles to Watford or take voluntary redundancy.
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When it comes to buying a franchise, you need to look at yourself as well as the type of business you are launching.
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Running your own business is not always easy – especially during the early days. In fact, well over a third of small businesses fail within the first three years of trading.
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Two members of the British Franchise Association have teamed up with the leading virtual PA and telephone answering franchisor, Kendlebell, to make its services an essential part of their own franchisees’ business success.
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Kendlebell’s new franchise has been set up to give entrepreneurs with a passion for sales and account management an opportunity to use their skills to help grow the business.
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Virtual PA business Kendlebell has launched a second type of franchise and found it comes down to matching people’s skills to the challenges of running a business. 
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As only the third franchisee to join nxo , the UK’s first and only marketing agency franchise, Craig Torrie could be regarded as something of a pioneer.  But with a franchise network growing fast around him and Craig’s own business proving highly successful in its own right, Craig’s pioneering spirit is paying off.
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If we’re really honest with ourselves, no matter how prepared and composed we can be when engaging change, everyone feels at least a little trepidation at the thought of taking life into our own hands.  Therefore, it’s no surprise that a person entering the franchising world should get to feeling nervous for one reason or another.  So it’s important, when you think about franchising, to ask what scares you.
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As a financially sound person knows, if money is sitting in a bank account not working, then it’s being wasted. Interest is a slow form of accruing wealth, which in most non-risk investment opportunities barely keeps up with inflation. The next safest thing that most people choose to turn to is real estate. Purchasing a home and either renovating and re-selling, or renting is another type of investment that has a relatively low risk-to-reward factor; or at least it used to. The one thing that used to be reliable was that money put into a home was going to grow. A survey by the Royal Institution of Chartered Surveyors, however, said the rising interest rates across the continent have caused the housing market to slow sharply in the second half of 2007. This trend is continuing, and while it doesn’t look to be headed in as dreadful of a direction as the housing market crisis of the 1990’s, homeowners could be in for another hard hit as interest rates look primed to rise again in 2008. In Ireland housing prices actually fell over the latter part of 2007 by 7%.
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For many people who are looking for a good investment, a nice change of scenery or perhaps just an escape from the grind at a dead end job, the prospect of starting your own company will undoubtedly seem very attractive.  Maybe you have considered starting a new business from scratch and had a tough time raising funds, putting together a strong business plan or coming up with that winning idea for your company.  If any of this sounds familiar, consider that a franchise may be the best option to get you into your own company and to give you the best possible chance to succeed.  A franchise is like a business for sale in which you, the franchisee, buys a franchise from the franchisor.  Basically it comes down to a successful company who decides to become a chain and takes applications from prospective business owners wishing to join their team.  The great part about owning and operating a franchise is that you will still retain many of the benefits of starting a small business from the ground up but you will avoid many of the financial dangers of going out on a limb to start your own company. On average, franchises are about five times more likely to still be in business after ten years than a typical small business.  If you are considering a franchise opportunity, you will need to know that basics and what types of franchises are available to the budding entrepreneur.
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GREENTHUMB
Greenthumb is Britain’s largest lawn-care franchise with 175 franchise branches nationwide treating a lawn every 6 seconds somewhere in the UK.  Pioneers of their special “No Scorch Technology” fertilizers, they provide a four-treatment system that can be capped off with two “optional lawn beneficials” to make a lawn as beautiful as it’s ever been.  Professionals and clientele agree that Greenthumb’s Nutragreen range of lawn treatments is one of the best, hands down; there seem to be no end of people who have used their services and proclaim it “the best decision I ever made.”  And the benefits to customers don’t overshadow the perks for franchisees.  The impressive and easy start-up package for new partners to the business comes complete with an initial training course to give anyone the green thumb necessary to quickly join in the financial success.
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