Franchised businesses are more than twice as likely to still be in business after 5 years than non-franchised businesses. This is a compelling reason for any aspiring entrepreneur to consider buying a franchise. But just what is it that makes a franchise more successful than non-franchised businesses?
There are several reasons:
Established Operating System. Franchises have developed, tested and honed an operating system that has proven to be highly successful. By applying this proven formula for success, new franchisees greatly increase the odds in their favor that they will also be successful.
Collective Buying Power. Since franchisors make arrangements to supply all of their franchisees with the goods and services they sell, the franchisor can leverage this buying power into lower costs of goods sold for their franchisees. And one of the keys to success in any business is keeping more of every dollar you earn, this buying power gives franchisees a powerful advantage over their competition in the marketplace.
Branding Power and Marketing Plan. People buy from companies they know and trust. And the more they see and hear about a company, the more they tend to trust it. By pooling all of their money together, franchisees are able to build a strong nationwide brand that benefits all franchisees equally. It’s truly a case where the whole is greater than the sum of the parts.
Startup Assistance. Getting started is one of the most critical periods for any new business. The franchisor has been through the startup process many times and is experienced at making the right decisions. Franchisees weather this timeframe successfully because they have the support and expertise of the franchisor behind them.
On-Going Support. Once the doors are open and the business is up and running, the franchisee has the on-going support of the franchisor. This is critical to success because the franchisee has an experienced mentor they can rely on to continue to make the correct business decisions that will ensure their long-term success.
To view a directory of hundreds of successful franchise opportunities, visit the BizBen Franchise Directory at and use the powerful search tools to find the perfect new franchise for you to buy.
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Brad Steinberg, Business Broker: Laundromat Specialist
PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.
|Janet Carrera: Escrow & Bulk Sale Service - SF Bay Area
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
|Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
|Helen Yoo, New Century Escrow - Escrow Services In Southern California
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
|Elizabeth McGovern: Escrow Services - San Francisco Bay Area
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
|William F. Ziprick, Attorney: Legal Services For Buyers And Sellers
Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.
|Shalonda Chappel: Escrow & Bulk Sale Services - Southern California
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
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