Business

F is for Franchising

Posted on by franfrog2016

Looking into franchising is one of the most popular and most common ways of entering into the world of business. First time entrepreneurs and even expanding business owners find franchising as a profitable and easily feasible venture. Even people with minimal knowledge about commerce can now start a business once they have identified the right franchise for them.

Before you go around looking for the right franchise, you must have a firm grasp of what franchising really is.

Let us discuss the basics.

As defined by Entrepreneur.com, Franchising is a method of doing business wherein a franchisee is granted the right to engage in the business of offering, selling or distributing goods or services under a system prescribed in substantial part by a franchisor. The franchisor also provides the trademark, the trade name, logo and advertising.

Franchising is a form of a contract. It is an agreement between the Franchisor and the Franchisee outlining what each could do for the other. This agreement usually contains the use of company name, use of the franchise system and franchise fees.

The franchisee is allowed to use the company name of the franchisor. As franchise brands are already established and may already be popular, there is then no need for the prospective entrepreneur to think of a brand. The franchisor is lending its name to you.

Most businesses, even with the vision of a product or a service, still have a hard time initially. This difficulty stems from the complexity of creating a system that works for the business. You would have to create protocols, establish guidelines and implement standardized procedures. It is admittedly a daunting task, especially for people who do not have previous experience in handling or starting up a business. In franchising, the franchisor is lending you a tried and tested system of the franchise brand.

It looks like you are being handed free lunch because everything is ready for you. But franchising is far from free. You would have to pay a franchise fee to the franchisor once the agreement is underway. Franchisors also normally charge royalty fees on a regular basis depending on the agreed terms.

Franchising is a challenge, as with any other type of business. You need hard work to succeed in business. Couple your hard work with our knowledge at Fran Frog and you will find a sure-fire way of achieving your goals. We are not just a franchise consulting agency, we are your family.

3 Advantages Of Working With A Franchise Consulting Agency

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Working Together At Office

Purchasing a franchise can be quite an overwhelming decision. After all, you have to choose from hundreds of concepts and thousands of franchises to potentially work with! To help you narrow down your decision, we at FranFrog, your friendly franchise consulting agencyis here to help.

Still hesitant about working with a franchise consulting agency? Well, here are some benefits that it can bring you:

They have a wide reach.
If you are new to the business world, tendency is you might not have that wide of a reach yet. And by this, we mean that you might not have that many connections as of the moment – and that is okay; after all, you are just starting out. However, when you work with a franchise consulting agency like ours at FranFrog, you will be able to utilize our wide reach and connections!

After all, aside from the most well-known franchises like, McDonalds, Dairy Queen, and etc., there are literally millions of franchise prospects for you to choose from. At FranFrog, we can help you narrow down this long list and find “the one” franchise company that best suits you.

They can help you save time.
In your quest to find the best franchise that you want to work with, you will have to do exhaustive research into thousands of possible choices. To help you save time, a franchise consulting agency like us at FranFrog can help you sort through your choices! We can help you sort through information; and we can help you deal with a lot of the paperwork that comes with franchising.

They can help you in choosing what kind of funding suits you best.
There are several ways for you to fund your franchise. Nonetheless, if you are new to the industry, you might be overwhelmed by the countless funding options that you have to choose from. At FranFrog, we can give you an insight into the many lending plans you can use and help you narrow down which one suits you and your finances best.

What You Need to Know about your Franchise Consultants

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It is always good to have some experts beside you when you start your business. It is good to have a coach who knows what to do and who will encourage you to keep going. There is nothing more assuring than being coached by the experts. Thus, hiring consulting agencies will always be a wise step when it comes to building your business.

However, it has always been the problem as to what factors or qualities should a consulting agency possess in order to gain the trust of the client. As one of the franchise consulting agency in Florida, FranFrog, will give you some tips on what to look for in your prospective franchise consultants.

1. Find the agency that will work best for your business
There are some consulting agency that might offer services that is totally different with the business you have in mind. It is important that you consider these following factors:

  • How long has the agency been in the business
  • Their credentials
  • The success rate of their clients

2. Look for an agency with a substance
There might be a lot of consulting agencies around you but they might not be competent enough when it comes to their services. At FranFrog, a premiere franchise consulting agency, we do not just advertise but we do what we promise to our clients. We back them up with research studies and up to date marketing strategies so we that we are abreast with all the changes in the business.

3. They have the skills and the resources
This is the most important quality of a good consultant. They must be knowledgeable of their craft and can easily come up with ideas or remedy to problems. They can address any issues with the client right away. More importantly they must have the adequate resources that they can supply to clients when needed.

Does your consulting agency have these qualities? Try to assess whether you have made the right choice on who you should trust with your business endeavors.

Subsequently, if you are still looking for a good franchise consulting agency, FranFrog can help you with it. You can visit http://www.fran-frog.com or call us at 1-800-388-2810.

Five Things You Need to Know About Franchising

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Franchising can be quite confusing. But knowing enough about this tried and tested business platform will surely help you in maximizing the returns of your investment. Here are five essential pieces of information that you need to have before you dive into franchising:

1. Buying a franchise does not necessarily mean that you “own” the franchise. It means that you own the right to utilize the brand name and operate an existing business system.
2. Franchises have a significantly lower business risk than its pop business counterparts. A product with brand recognition already exists together with a complete and established set of guidelines and business operating models. This ensures more security for your investment.
3. Because what you have is a license to operate, make sure that you know the rules set by the Franchisor as you are legally bound by it. For example, you cannot introduce a new product or service not originally offered or approved by your franchisor. Deviating from such rules may have legal ramifications.
4. Even if a Franchise has an established operating model, there are still a lot of factors to consider before one can conclude that the venture will succeed. A certain franchise brand might have already succeeded in America but it does not necessarily mean that it will reap the same amount of success once brought to Asia. Research is still vital!
5. Lastly, franchising does not have to be intimidating! A franchise consulting agency like FranFrog can help make the process of buying into a franchise an easy-breezy task.

FranFrog is a Franchise Consulting Agency that was created to provide consultation services for individuals who are seeking to own a business. We provide guidance and assistance particularly in the franchise selection and franchise sale process. Our team of experts at our franchise consulting agency will ensure that the franchise you choose is the right one for you.

With FranFrog and our expert advice, you will find it is not difficult to own a franchise!

Three Reasons Why Franchising Is Such A Hit Among Millennials

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Millennials are not just the future. They are the present. They have come to the age where they have enough purchasing power, resources, and capability to prove the world that they are a notable reason why the economy is it is how it is today. Even in business, more and more millennials are stepping up and have conquered the business world even at such early age.

But millennials with their appetite for speed would usually want to venture into something that they can profit from in just a few months or years. They are also the type who doesn’t want to really start from scratch and hassle themselves with start-up problems. This is the reason why millennials just love franchising. Franchising is a sure hit to millennials because of the following reasons:

1. Years of experience not needed.
As long as money is available, anyone can buy a franchise. In franchising, the owners are not required to have proven business skills and years of experience to really run it. The franchisors will provide the set-up, the system, and the training needed to run the business. Thus, even millennials can run a franchise very easily.

2. Higher success rate versus starting a new business.
The good thing about franchising is that the system and the model are already proven to work. This gives franchising an edge versus starting a new business when it comes to success rate. If the system, model, and business strategy is just followed well, there is a very high chance that even millennials can reap their target returns the soonest time possible.

3. A good reputation has already been established.
Remember that millennials don’t want to start from scratch. This means they don’t want to go through marketing and advertising discussions that have no guarantee to work. With franchising, they are buying a business that is already known and established. They need not create a good reputation and image anymore since it is already there and it is working.

To know more about franchising, it is best for millennials or anybody to approach a franchise consulting agency. Fran Frog of Jupiter Florida is a franchise consulting agency that helps you select the best business to franchise, serves as your consultant and coach as you enter into the venture, and will even help you assess if franchising is really fit for you. Trust Fran Frog to help you find the business that is best fit for you and your returns targets. So don’t trust on beginners luck, contact a franchise consulting agency today and be sure of success. Fran Frog can be reached through 1-800-388-2810. Call them today for a free consultation.

The Roles of the Franchisee and the Franchisor in a Franchise Agreement

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Have you decided to own a franchise already? If not yet, consider acquiring one now as there are lots of income potentials in owning a franchise. On the other hand, if you have come up with a decision to obtain one, then, you are one step closer towards your desire to be financially independent. You may still be puzzled right now on concerns about how to start a franchise, which franchising business is the right one for you, or what are the things required to begin. Taking advantage of the high quality services of a trusted and reliable Franchise Consulting Agency, like us at FranFrog, is your wisest decision as these agencies are capable of finding the best franchising business and franchisor which corresponds to your business preferences. They can also be your guide as you complete the agreement with the franchisor.

One of the important things that you need to know is a franchise agreement which is the contract between the two parties involved in the acquisition of a franchise, the franchisee and the franchisor. Both parties entail certain roles and responsibilities which must be strictly adhered to for the franchise business to be successfully operating.

The Franchisee’s Responsibilities

1. Maintain the business’s good reputation.
2. Supervise the growth of the business, and lead the business to success.
3. Abide by the franchisor’s and the franchise’s business system and operation strategies. Consistency is a major challenge for franchisors which should be strictly followed by franchisees. Let us at FranFrog, the best Franchise Consulting Agency, provide you with various business systems of franchisors that you can choose from.
4. Ensure that the franchised business is generating a huge amount of income and profits.

The Franchisor’s Responsibilities

1. Provide business support to the franchisees.
2. Keep operating methods and techniques of franchising business standardized, highly effective, and efficient.
3. Continue to improve reputation of the business, from great quality products to best customer satisfaction.
4. Create innovation and expansion programs or plans for the franchised business.

The success of a franchise type of business greatly depends on the determination of the franchisee and the franchisor to strictly follow their roles and responsibilities detailed above to ensure that business services and products are consistently offered to the market. With our franchise consulting services at FranFrog, the most trustworthy Franchise Consulting Agency that you can turn to about franchising concerns, we help you achieve financial freedom through business ownership as we find the franchise business that suits your passion. Do you have questions about franchising? Tell us at info@fran-frog.com. We will be glad to answer your queries and clear your doubts.

Advantages for Franchising Your Business

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Every business reaches a point that it would want to expand. If you are a business owner you would think of setting up new branches around your city or even reaching further than that. But how should you carry out these plans? Franchising has become a preferred business practice for many companies; they found it to be easier to manage with plenty more benefits rather than expanding their business by building it up on their own. FranFrog is a Franchise Consulting Agency that can help you find potential franchisees that can contribute to your company. We have a detailed process that can help you find a franchisee that is a good match for your brand.

Management is Not as Difficult
In a franchise set up, the franchisee is not an employee and hence would not require a detailed level of supervision. The way they run the franchise will be the way it is instructed in the Franchise Agreement and the Franchise Operation Manual. Both parties have the same goal in mind, which is the success of the business, the franchisor only needs to monitor the performance of the franchisee.

Helps Cut Expenses
In a franchise, a franchisee pays to become a part of your business and continue to pay part of their revenue depending on the franchise agreement that you agree upon. This means that many of the expenses in setting up the business will be shouldered by the franchisee. Additionally instead of paying wages to employees a franchisee pays monthly fees to remain in the business.

Helps Your Business Grow
Franchised networks can expand more quickly compared to company owned ones. Once you have a system that works more investors will be willing to buy and help spread the name of your company. You

Loyal Franchisees
The initial investment that franchisees pay can contribute to their commitment to help the business succeed. Many franchisees also take pride in the businesses that they own which motivates them to improve their service which will benefit the parent company by improving their image. Many franchisees’ goal is to establish a business that they can later on sell for profit but to do this they will have to make it a business that is successful. FranFrog is a Franchise Consulting Agency that can help you find investors that will be an asset to your company. Our selection process is designed to find an ideal franchisee for your business model.

FranFrog is a Franchise Consulting Agency that can help you find suitable investors for your business and help your franchisees succeed which will benefit you as well. Do you think franchising will be beneficial for your company?

Traits of a Winning Franchisee

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Before you even start looking for franchise business to capitalize on, try to assess yourself and your personality to see if a franchise business is right for you. You have to make sure you have the right traits and characteristics needed for franchising in order to succeed at it. Choosing a franchise business, or any type of business for that matter, can be intimidating and demanding, which is why you should have the proper skill set and mindset for it. You can opt to hire a franchise consulting agency to help you start out.

Try conducting a bit of self-assessment before you consider franchising a business and you can potentially save everyone involved a lot of hardship. As any franchise consulting agency will advise and tell you, franchising is about following a proven system in order to replicate the success of the original business. Aside from the ability of following a system and guideline, here are a few traits than can determine whether a franchising business is a good fit for you:

1. Result-oriented. You want positive results for your endeavor, that’s why you work hard to achieve quality results.

2. Broad thinking. You know that great things start from small beginnings, which is why you keep your eyes on the goal.

3. Optimistic. Solutions and opportunities are more obvious to you than problems or hindrances. You take care of problems by solving them instead of wasting time on how they happened and you make sure that the end results are positive.

4. People Person. You know that the fundamental key in a successful business are the people, both customers and employees. Building relationships and keeping them is most important for you.

5. Resilient. You know how to get back up after a setback and you won’t let it dampen your goals and dreams. You strongly bounce back from adversity.

Franchising may not be suitable for everyone. A person’s traits and characteristics will have a huge effect on the success of his or her business. Aside from having a reliable and knowledgeable franchise consulting agency to guide you, sufficient financial sources and thorough research, the above five traits are rudimentary to having a successful franchise business. If you ticked off all of the five traits above, chances are that you have the confidence, drive and motivation to be a successful franchise business owner.

Why You Must Invest in a Franchise Business

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Why You Must Invest on a Franchise Business

In planning to venture into a franchising business, one must be extra careful with his or her choices and judgments. The private owner or businessman should be very critical with their every move and if possible, he or she should not make any mistake or else failure will take its toll. The franchise will give you a certain level of independence as a private owner or operator in operating your own business. This will also endow with a stable product or service which is recognized by almost all of your clients.

Why you should invest:

    • Risk of business failure is reduced.
      The failure of a franchising business is rare to happen because the business is already recognized by many people. You can also see that other franchises are successful with it too given that they need not exert a lot of effort into it.
    • The products are already recognized.
      Since the product is already recognized worldwide or even in your country, you do not need to spend more money to promote your goods or services. You can also take advantages on the commercials and promotions made by the owner of the business since you have the licensed trade mark.
    • The franchisor’s support.
      Whether you like it or not, the franchisor will support you visibly or morally. It is because the franchisor does not want to damage its business name just because you are careless in taking good care of it. The franchisor will also guide you how to set the business and handle issues.
    • No experience is needed.
      That is right! You do not need to be a manager for you to purchase a franchise. As long as you have the money to purchase the said franchise as well as passion and dedication, you can venture to the business right away!

You can impose your own rules.
Since you are the owner of the purchased franchising store, you may impose certain rules. Be sure that your working hours is convenient for you and your employees. Yes, you need to be professional but being professional does not mean that you have to be rude. See to it that the place is peaceful and that, your relation as employer and employee is harmonious.

  • Finance or resources is easier to achieve.
    Since your store is famously known in your place, banks or lenders will be able to lend money to you easier. It is because your store already has a good reputation. You can even borrow large sums of money too.

With this information provided, you will now have the idea whether you will continue your plans in venturing to a franchising business or think once again. These advantages are reachable if you have the passion and dedication to work with your flaws as an owner and as an employer.

That is why you should refer to a trusted franchise consulting agency before venturing to that kind of business. This is in order for the private owner to understand the full consequences of their actions. We, at FranFrog, will provide you an expert and professional advice to help you search for the possible business opportunity that will suit you. We will also explain how you can purchase a new or existing franchise business and its risks and factors.

Our franchise consulting agency will be able to review and check your skills to match you with any companies that will give you the opportunity to grow as a businessman as well as make money easily.

If you still have any doubt, you can seek some advice from our franchise consulting agency because we will be understand what you are feeling. Our staffs are very approachable so you will not have any problems opening up with them.

For more information on our services, visit us at http://www.fran-frog.com.

Why is FranFrog the Key to Your Entrepreneurial Dreams?

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Have you always dreamed of having your own franchise of a certain business but is hesitant because you don’t know where to start? Feeling overwhelmed by the number of franchises available on the internet but don’t quite know which one is the “perfect match” for you? Are you willing to take the risk to get where you want? 

If you answered “YES” to the following questions, then you’re in the right web page. Introducing the answer to your prayers — FranFrog — the leading Franchise Consulting Agency in Military Trail Jupiter FL! When you decide to work with us, we’ll help you attain the franchise of your dreams. 

Who are we?

We’re a Franchise Consulting Agency located in Military Trail Jupiter FL that was founded to help aspiring entrepreneurs take their stepping stones in business ownership. This is because at FranFrog, we believe that everybody deserves to succeed. And when you work with us, you’ll surely achieve success!


Why work with us?

Some people are hesitant to ask help because they think that acquiring a franchise is easy-breezy. But honestly, the industry of business ownership has its twists and turns that can lead you downhill upon making one wrong move. Here are some reasons why working with us is the best solution:

1. We’ll guide you all throughout the process.

From carefully selecting the best franchise for you, to making the right decisions along the way, you’re sure that as a Franchise Consulting Agency in Military Trail Jupiter FL, we’ll guide you every step of the way. 

At FranFrog, we do our best to help our clients succeed in the path that they decide to take. 

2. We make sure you find your perfect match. 

At FranFrog, we’ll help you find “the one” (franchise, that is) to help avoid future complications. We conduct a thorough process of selection to create a mutually successful franchisor-franchisee relationship. Not only do we help you find your perfect franchise; we also help the franchisor find the perfect investors that can contribute to the growth of their business. 

3. We provide proper training to create a more competent franchisor — a more competent YOU. 

After finding the perfect franchise for you — all the legal information has been disclosed, an agreement settled – then you are now to undergo training. This is extremely important to make you more knowledgeable and competent with the matters of business ownership. 

Still having doubts on whether you should work with us?

Keep in mind in order to succeed in the business industry; one must take lots of risks. Yes, owning a franchise is not that easy but it’s definitely worth your tiny risks. 

So if you’re one of the aspiring brave-hearts out there, come and visit us at FranFrog, your Franchise Consulting Agency in Military Trail Jupiter FL. Work with us towards your long-awaited success!