Comments for Franchise Blog http://www.franchisebrief.com/blog Franchise business opportunity for sale information. Sun, 15 Mar 2009 06:56:32 -0700 http://wordpress.org/?v=2.8.4 hourly 1 Comment on Looking to Start a Direct Mail Business? – Check Out the Franchise Opportunities by Fit Women http://www.franchisebrief.com/blog/2009/02/26/looking-to-start-a-direct-mail-business-check-out-the-franchise-opportunities/comment-page-1/#comment-1678 Fit Women Sun, 15 Mar 2009 06:56:32 +0000 http://www.franchisebrief.com/blog/?p=3124#comment-1678 I dont usually comment, but after reading through so much info I had to say thanks I dont usually comment, but after reading through so much info I had to say thanks

]]> Comment on Direct Marketer Valpak Announces New Promotional Partner by Stephanie http://www.franchisebrief.com/blog/2007/05/23/direct-marketer-valpak-announces-new-promotional-partner/comment-page-1/#comment-1676 Stephanie Thu, 12 Mar 2009 20:14:06 +0000 http://www.franchisebrief.com/blog/2007/05/23/direct-marketer-valpak-announces-new-promotional-partner/#comment-1676 This is not bad advice, unlike a lot I have come across. This is not bad advice, unlike a lot I have come across.

]]> Comment on What Makes WSI the #1 Canadian Franchise by Entrepreneur Magazine? by Dat To http://www.franchisebrief.com/blog/2007/02/28/what-makes-wsi-the-1-canadian-franchise-by-entrepreneur-magazine/comment-page-1/#comment-1655 Dat To Tue, 03 Mar 2009 23:18:00 +0000 http://www.franchisebrief.com/blog/2007/02/28/what-makes-wsi-the-1-canadian-franchise-by-entrepreneur-magazine/#comment-1655 Good info about this #1 rated franchise opportunity. Thank you. Good info about this #1 rated franchise opportunity. Thank you.

]]> Comment on Top 10 Small Business Franchises Available in Canada by Dat To http://www.franchisebrief.com/blog/2008/12/11/top-10-small-business-franchises-available-in-canada/comment-page-1/#comment-1654 Dat To Tue, 03 Mar 2009 23:16:01 +0000 http://www.franchisebrief.com/blog/?p=2716#comment-1654 Thank you for compiling this list. It's too bad there are not more figures and numbers to see what the entry level and what it takes to keep going. Thank you for compiling this list. It’s too bad there are not more figures and numbers to see what the entry level and what it takes to keep going.

]]> Comment on Home Based Franchises and Flexible Business Opportunities by Business Consultant http://www.franchisebrief.com/blog/2008/10/14/home-based-franchises-and-flexible-business-opportunities/comment-page-1/#comment-750 Business Consultant Tue, 14 Oct 2008 20:54:13 +0000 http://www.franchisebrief.com/blog/2008/10/14/home-based-franchises-and-flexible-business-opportunities/#comment-750 Even if you are running a franchise or a home based business, it is beneficial to employ some sort of business consulting. They will inevitably bring a new perspective to your operation. Even if you are running a franchise or a home based business, it is beneficial to employ some sort of business consulting. They will inevitably bring a new perspective to your operation.

]]> Comment on Medical Billing Opportunities: Worth a Second Opinion by Anonymous http://www.franchisebrief.com/blog/2007/03/01/medical-billing-opportunities-worth-a-second-opinion/comment-page-1/#comment-749 Anonymous Tue, 07 Oct 2008 08:19:05 +0000 http://www.franchisebrief.com/blog/2007/03/01/medical-billing-opportunities-worth-a-second-opinion/#comment-749 <strong>...</strong> ” If you work hard on your job, you could make a living. If you work hard on yourself, you could make a fortune. Your income is primarily determined by your philosophy, not the economy. Success is something you attract by becoming an attractive perso... …

” If you work hard on your job, you could make a living. If you work hard on yourself, you could make a fortune. Your income is primarily determined by your philosophy, not the economy. Success is something you attract by becoming an attractive perso…

]]> Comment on Things To Consider When Starting A Franchise by Hibben http://www.franchisebrief.com/blog/2008/02/06/things-to-consider-when-starting-a-franchise/comment-page-1/#comment-745 Hibben Fri, 15 Aug 2008 19:41:51 +0000 http://www.franchisebrief.com/blog/2008/02/06/things-to-consider-when-starting-a-franchise/#comment-745 These are all great suggestions and I don't think most people realize everything that is involved when starting a franchise. Many people assume that a franchise is easy because it's an already established brand. I suggest asking others who have started franchises for advice and consulting a franchise development company. There are several out there that have helped franchisors pick the right franchise, the right location, etc.  One I particularly recommend is called Fransmart (www.fransmart.com).  They offer so many services such as strategic and advisory services, real estate, purchasing, technology solutions, operations and training. They're experts in the industry and can help you make educated decisions about what works best. Definitely check them out. These are all great suggestions and I don’t think most people realize everything that is involved when starting a franchise. Many people assume that a franchise is easy because it’s an already established brand. I suggest asking others who have started franchises for advice and consulting a franchise development company. There are several out there that have helped franchisors pick the right franchise, the right location, etc.  One I particularly recommend is called Fransmart (www.fransmart.com).  They offer so many services such as strategic and advisory services, real estate, purchasing, technology solutions, operations and training. They’re experts in the industry and can help you make educated decisions about what works best. Definitely check them out.

]]> Comment on Yakety Yak Wireless, Inc. Ranked in Entrepreneur Magazine's ‘'Franchise 500' by JT1000 http://www.franchisebrief.com/blog/2007/12/21/yakety-yak-wireless-inc-ranked-in-entrepreneur-magazines-franchise-500/comment-page-1/#comment-737 JT1000 Tue, 24 Jun 2008 23:33:37 +0000 http://www.franchisebrief.com/blog/2007/12/21/yakety-yak-wireless-inc-ranked-in-entrepreneur-magazines-franchise-500/#comment-737 It's very hard to believe that this franchise is ranked so high when so many of the franchised stores are closing. It’s very hard to believe that this franchise is ranked so high when so many of the franchised stores are closing.

]]> Comment on Fitness center 123 Fit closes its doors at Riverwalk Mall by Bob http://www.franchisebrief.com/blog/2007/06/06/fitness-center-123-fit-closes-its-doors-at-riverwalk-mall/comment-page-1/#comment-714 Bob Wed, 05 Mar 2008 18:57:42 +0000 http://www.franchisebrief.com/blog/2007/06/06/fitness-center-123-fit-closes-its-doors-at-riverwalk-mall/#comment-714 I am warning all people who are remotely interested in this franchise. DO NOT BUY one of these. I am an owner of a 123 fit. Over 30 Clubs have closed since they started selling them in 2005. They claim to have sold 150 or franchises, but what they fail to tell you....is most owners own more that one. With the costs of running one of these, that is about all you can open is one. Half of the buyers refuse to even open because clubs are not making it. They open for about a year and close. Rick Schaden and Brooksy Smith are the owners that started franchising this fitness club. Rick Schaden is the owner of Quiznos. Anyone hear of all the lawsuits against Quiznos? It is the same with 123 fit. They are snakes! They lie to you, the equipment is not exclusive, the buildout is alot higher then what they say, there is no one to help you, once you sign on the dotted line, you are on your own. Brooksy is half owner and he had 3 clubs in Texas. He closed his second club in January, 2008. What does this tell you? LIARS, you will only lose your money on this..My advice is to stay away from any fitness franchise. AND MAKE SURE YOU HAVE A REALLY GOOD FRANCHISE LAWYER WHO GOES OVER THE UFOC BEFORE YOU BUY. Richard Solomon is an excellent choice. I wish I would have found him sooner!! I am warning all people who are remotely interested in this franchise. DO NOT BUY one of these. I am an owner of a 123 fit. Over 30 Clubs have closed since they started selling them in 2005. They claim to have sold 150 or franchises, but what they fail to tell you….is most owners own more that one. With the costs of running one of these, that is about all you can open is one. Half of the buyers refuse to even open because clubs are not making it. They open for about a year and close. Rick Schaden and Brooksy Smith are the owners that started franchising this fitness club. Rick Schaden is the owner of Quiznos. Anyone hear of all the lawsuits against Quiznos? It is the same with 123 fit. They are snakes! They lie to you, the equipment is not exclusive, the buildout is alot higher then what they say, there is no one to help you, once you sign on the dotted line, you are on your own. Brooksy is half owner and he had 3 clubs in Texas. He closed his second club in January, 2008. What does this tell you? LIARS, you will only lose your money on this..My advice is to stay away from any fitness franchise. AND MAKE SURE YOU HAVE A REALLY GOOD FRANCHISE LAWYER WHO GOES OVER THE UFOC BEFORE YOU BUY. Richard Solomon is an excellent choice. I wish I would have found him sooner!!

]]> Comment on Questions to ask existing franchisees before buying a franchise by nmartin http://www.franchisebrief.com/blog/2007/11/14/questions-to-ask-existing-franchisees-before-buying-a-franchise/comment-page-1/#comment-712 nmartin Wed, 27 Feb 2008 19:33:55 +0000 http://www.franchisebrief.com/blog/2007/11/14/questions-to-ask-existing-franchisees-before-buying-a-franchise/#comment-712 I saw your posting and thought you’d be interested in a few tips from my client who is a franchise expert at Wireless Toyz because even after someone has made the initial decision to buy into a franchise opportunity, there are seemingly endless checklists of things to consider before choosing ‘the right one.’ President of finance and franchise development of one of the country’s fastest growing companies, Richard Simtob recommends a cold hard look at every one of his top ten selection criteria before making the leap. 1. Choose a business about which you are passionate. If you love what you do, you’ll never “work” a day of your life. 2. Choose a business whose daily tasks align with things you like to do. 3. Ask yourself if the dollar potential of the business will meet your long-term financial goals. 4. Make sure the investment requirements and start up costs fit within your budget. Is financing assistance offered? What is your risk tolerance? 5. Determine if the income potential is sufficient for you and your family. Are royalty payments reasonable and designed for both the company and franchisee to profit? 6. Assuming the product is superlative and demand has been established, evaluate the franchise system itself and make sure it is based on a sound business strategy. Will you be comfortable executing that system? 7. Assess if the brand is solid, recognizable and likely to lead to sales on its own strength. 8. Research the company and its history. Has it been around long enough for most of the kinks to be worked out? Has the concept caught fire? 9. Gauge if franchisees are allowed the level of autonomy and independence you desire. Consider the level of assistance or freedom you would like for real estate, store layout and design, ongoing operational field support, business analysis, training manuals, marketing and advertising. 10. Verify an exit plan and separation strategies that are acceptable to you. Knowing how to get into the deal is only half of the equation. I saw your posting and thought you’d be interested in a few tips from my client who is a franchise expert at Wireless Toyz because even after someone has made the initial decision to buy into a franchise opportunity, there are seemingly endless checklists of things to consider before choosing ‘the right one.’ President of finance and franchise development of one of the country’s fastest growing companies, Richard Simtob recommends a cold hard look at every one of his top ten selection criteria before making the leap.
1. Choose a business about which you are passionate. If you love what you do, you’ll never “work” a day of your life.
2. Choose a business whose daily tasks align with things you like to do.
3. Ask yourself if the dollar potential of the business will meet your long-term financial goals.
4. Make sure the investment requirements and start up costs fit within your budget. Is financing assistance offered? What is your risk tolerance?
5. Determine if the income potential is sufficient for you and your family. Are royalty payments reasonable and designed for both the company and franchisee to profit?
6. Assuming the product is superlative and demand has been established, evaluate the franchise system itself and make sure it is based on a sound business strategy. Will you be comfortable executing that system?
7. Assess if the brand is solid, recognizable and likely to lead to sales on its own strength.
8. Research the company and its history. Has it been around long enough for most of the kinks to be worked out? Has the concept caught fire?
9. Gauge if franchisees are allowed the level of autonomy and independence you desire. Consider the level of assistance or freedom you would like for real estate, store layout and design, ongoing operational field support, business analysis, training manuals, marketing and advertising.
10. Verify an exit plan and separation strategies that are acceptable to you. Knowing how to get into the deal is only half of the equation.

]]>