Have you ever thought about owning your own franchise? Hundreds of thousands of business owners around the United States own franchises, and for good reason. Depending on the franchise, the owner can stand to pocket a significant amount of money on a monthly and yearly basis. Keep reading for a few reasons why you should take the next step and invest in a quality franchise soon.
Financing – It’s pretty simple – lenders are more inclined to loan you money to finance a franchise because the franchise is already established, and has a proven track record of making money for those who invest in one. Your lender will be more likely to shell out cash because they see franchisees as lower risks when it comes to defaulting on payments.
Support – One of the biggest reasons why franchise owners love owning a franchise is because they get the feeling that they are never alone. When you own a franchise, you are basically part of a large family that is constantly growing. If you ever have a question, all you have to do is pick up the phone and call the franchisor to find out the answer.
Marketing and Advertising – Your franchisor will take care of a lot of the advertising and marketing initiatives necessary to help maintain the success of the franchise. If you have ever watched TV, you know that it seems like every other commercial is for McDonald’s or Subway. Even if these commercials get old, they’re doing their job whether you like it or not.
Multiple Locations – When you are part of a franchise system, you will always have more room to grow and open other locations. For instance, men and women that own a home care franchise often times open up other senior care franchises in towns adjacent to the one that they started in, allowing them to have a large share of the local market.
Buying a franchise with a popular franchisor can mean big money for you in the future. Lenders are also more inclined to dish out money to franchise owners, so get that financing and start paving a path to your success.
Most people understand the importance of networking for their business – the increased contacts and opportunities for development, the ability to make friendships amongst peers and look for problem solving solutions through group discourse and, of course, to forge valuable workplace connections which can help with staffing needs. However, this can be difficult to achieve when one is working from home. The usual networking opportunities – such as dinners, benefits or events – can be relatively inaccessible for someone working alone, without the influence of big business backing.
For those coming from a self-employment background, there are other ways to network than the standard channels. The internet opens up new methods of communication. Message boards and online forums are effective ways of sharing information. Responding to other people’s posts helps to establish sources of information and make your brand appear credible and knowledgeable, and people will begin to associate your brand name with the help they received on the internet. There are forums specifically tailored to a wide range of fields and industries on which serious professionals often advertise their services. Developing relationships on the internet can be a valuable way of forging networks and connections.
Alternatively, for those who prefer to communicate on a face to face basis, the wide range of trade shows and conferences can provide an ideal platform for sharing ideas. Alternatively look for business networking events or groups in your area. Working from home does not preclude attendance – in fact, working from home means that trade shows are even more valuable in offering the opportunity to meet likeminded professionals with whom you might not otherwise have come into contact. Likewise, any social events which are advertised by local business groups are perfect places to meet other entrepreneurs. Some are advertised as discussion panels, others are informational presentations whilst others still are targeted at women-only audiences.
Social events organised for pleasure shouldn’t be discredited as places to network, either. Although it is important to be cautious, so as to not bore people and lose friends, talking about your business at every possible opportunity is to be recommended to help people learn your business name. Offer your services to suitable friends who need your industry, or ask them to recommend you to those who might need help in the future. Building a network can be done at any level, from corporate and commercial to starting on a smaller, private, scale. Gaining the support of friends and family can be valuable additions to any network. Although networking from home is harder than when working for another organisation, it is by no means impossible and remains equally important.
Don Nay has purchased more than 3,300 residential properties during the past 30 years and has never borrowed money from a bank to purchase a home. Now he wants to teach other people in Southern California how to buy homes the same way he did.
“Banks are financial institutions, not people,” explains Nay. “They have a cookie-cutter approach to making and servicing home loans in Southern California that is without concern for the person responsible for repaying that loan. I figured it was time to share what I’ve learned about the home buying process so that it might just help a few folks to buy a home or avoid foreclosure. It might help wake the banks up, too.”
I live in San Bernardino County and this county has been hit the hardest with foreclosures. Real estate has also been tough in Riverside County. There was an increase in foreclosures by 34% in the first part of 2013. I meet a lot of agents who say now is the time to get back into the market. I know people HAVE to be educated. The market is different. Even if you have experience, it’s best to learn what is working now and why. Don recommends a Purchase Money Mortgage and he can teach you how to use it.
Don Nay will conduct three free workshops that provide an overview of his approach to home buying. The free workshops will take place at Hilton Orange County, 3050 Bristol Street, Costa Mesa, CA 92626 on Tuesday, September 10, 2013 12:00 p.m to 3:00 p.m.; Thursday, September 12, 2013 6:00 p.m. to 9 p.m.; and Tuesday, September 17, 2013 from 12:00 p.m. to 3 p.m.
He will also conduct a three-day, in-depth seminar where he provides detailed information on how to use his process to purchase homes without bank loans. The seminar will take place on Friday, September 20, 2013 through Sunday, September 22, 2013, from 8:00 a.m. to 5:00 p.m. at Hilton Orange County, 3050 Bristol Street, Costa Mesa, CA 92626.
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To register for the free workshops or the three-day seminar visit www.donnayzerorules.com call (800) 596-8196, or email firstname.lastname@example.org.