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Franchise News / Blog
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April, 7, 2008 Finding a Great Franchise Opportunity How do you find a great franchise opportunity amongst the thousands advertised on the internet, franchise exhibitions and magazines? In this article I examine the key qualities that potential franchisees should look for when evaluating a franchisor and their business model.
Is the business model profitable?
This is the number one critical issue that should be examined in great detail before any commitments are made. Can you see a market for the products in your territory? Some franchises only work well in areas with a certain type of demographic and in specific locations. If your demographics are wrong or you can not find the ideal location then you might be well advised to consider another franchise.
Is the market sustainable and set to grow?
Many franchisees make the mistake of buying into a franchise when the market is already saturated and declining. Just because a lot of franchisees made a great profit in the past it does not mean that the same circumstances apply today. All business markets move in cycles and it is important to get in at the right time. For more expert advice see Franchise FAQ.
What do existing franchisees think?
The best way to gather information that the franchisor will not tell you is by speaking to the existing franchisees. Do not only call the numbers that the franchisor gives you but call at random at least three people who have bought into the business.
Submitted by Tom Olt, Principal, The Capstone Franchise Group, LLC
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April 5, 2008 
Budget Blinds combines broad industry knowledge and a proven franchise plan
The Budget Blinds franchise opportunity is working for over 1,000 territories today, and that number is expected to top 1,500 by 2008. Budget Blinds’ fast growth and success is due to excellent manufacturer relationships that rival some of the largest window coverings retailers, while our convenient customer service model is designed to satisfy busy homeowners. Most importantly, we develop knowledgeable and skilled window coverings professionals through unmatched franchise support. Consider the Budget Blinds franchise opportunity for our: - Industry connections. Budget Blinds’ relationships with top brand name window covering manufacturers enables it to develop Vendor Alliance programs with incredible product selection and pricing.
- Strong national brand and marketing program. A national advertising program plus sophisticated systems for lead generation, public relations and other franchise marketing support is available.
- Superior training and ongoing support. Even career changers with no experience will benefit from comprehensive franchise training and continued networking opportunities through annual conventions and regional workshops.
- Low overhead. Window coverings are customized for customers, so franchisees maintain little to no product inventory while running their home business. A multitude of customizable marketing materials means marketing needs are met with minimal business costs.
| “We have coordinated a master game plan and built a solid business model.”
Chad Hallock, CEO, Budget Blinds, Inc. | | Outstanding franchise support coupled with the dedication of everyone at Budget Blinds Corporate has paid off. The franchise organization has been honored with many accolades including being named to the Inc. 500 list in 2004 and ranked by Entrepreneur magazine as one of the Top 20 Fastest-Growing Franchises and a Top Home-based Franchise in 2005.
Request information today.
Submitted by the Capstone Franchise Group, LLC |
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April 5, 2008
Franchise Ownership Offers Comfort in Tough Economy
Franchising Has $1 Trillion Impact on Economy, Report Says
By LIZ WIEDEMANN
San Diego Business Journal Staff A period of economic uncertainty is not the time to sink one’s life savings into a restaurant or shop, but it may be the perfect time to consider owning a service franchise, according to local franchise consultant Cheri Carroll.
One factor in franchise choices is home equity — how many new franchisees financed their businesses in the past, she says. “Since equity loans aren’t as available or as generous as they once were, service businesses with their much lower entry costs offer a path that many are taking to beat the economic blues,” said Carroll. An 11-year volunteer with the San Diego chapter of Score, a nonprofit organization providing free consulting and inexpensive workshops for small businesses and new startups, Carroll was recruited by Score to provide franchise expertise.
“While a franchised sandwich shop may cost $120,000 or more for the build-out and equipment, or $300,000 for a retail shop, a service business can cost as little as $20,000 to get started, with almost no overhead,” she said.
Some growing service businesses among San Diegans are Gurnee, Ill.-based BrightStar Healthcare and Sandy, Utah-based Spectrum Home Services, which offer nonmedical services to seniors such as running errands and yard cleaning. Consulting businesses such as the Carlsbad-based Expense Reduction Analyst, along with executive training services such as the La Jolla-based Renaissance Executive Forums also offer popular franchising opportunities, says Blair Nicol, president of the Louisville, Ky.
With a countywide unemployment rate of about 5 percent in the first two months of 2008, up from about 4 percent in early 2007, according to the Employment Development Department of California, franchising is bigger than ever in San Diego, says Nicol.
Submitted by Capstone Franchise Group, LLC |
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April 4, 2008
Why Huntington?
Build your dream on our proven business foundation and demonstrated track record of educational excellence, and the tremendous support we offer our franchisees. Huntington Learning Center is the most respected national provider of supplemental education services for the K-12 market. By providing quality, individualized instruction in basic skills and exam prep services, we've established a reputation for educational excellence among parents and teachers. This dedication to quality has resulted in tremendous financial rewards for many of our franchisees. We have developed and refined the marketing, training, and procedures you need to start effectively and grow rapidly. We'll help you through the entire business process, from selection of the best site in which to operate your business to the architectural design, staff selection, training, marketing and all other aspects of your business. We have demonstrated our success by helping to open and by supporting hundreds of franchised learning centers throughout the United States. Because there is a need for our services in every market in the United States, we are committed to continued growth in the coming decades. We're proud to be a franchisee-friendly organization and take great pride in our willingness to listen to the opinions of our franchisees and act on their suggestions. You'll have an opportunity for open discussions with us and other franchisees in the many training programs and other forums we sponsor. We involve franchisees in all aspects of the business including, for example, training, curriculum, technology, marketing, and computer systems. Most importantly, we have a Franchise Advisory Council that meets regularly to discuss issues important to the franchise community. For expert advise on the Huntington Learning Center or other leading Children’s Education and Development franchises visit: www.ChildFranchiseExperts.com or contact
The Capstone Franchise Group, LLC. History and Heritage of Huntington Learning Center As the pioneer provider of supplemental education services in America, Huntington Learning Center has been helping children of all ages to better in school since 1977. |
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April, 4, 2008 Franchising makes a great concept like It’s A Grind even better! What makes a great concept like It’s A Grind even better? Franchising! Franchising substantially reduces business risk. Being part of a franchise system allows you to bypass many of the initial hurdles associated with starting a business, and provides you with ready access to accepted brand names and trademarks, a proven operating system, on-going support, purchasing power and extensive training programs. Franchising allows you to be in business for yourself, but not by yourself. It’s A Grind is a franchise company that truly provides the organization, experience, and support to help grow your business.
Experienced team
The difference at It’s A Grind is our people. It’s A Grind has assembled a team of professionals with decades of combined experience in franchising and the retail coffee business to assist in the development and operation of your store. Our team works closely with you and your team to provide the tools necessary to operate your It’s A Grind Coffee House. Our Support Center staff is dedicated to one ideal: our success is dependent upon your success.
Comprehensive Business System
It’s A Grind offers a comprehensive business system for the operation of a retail specialty coffee house. The development of the "It’s A Grind System" has been a long and tedious task. The system has been modified and re-modified to produce one of the best retail specialty coffee franchises on the market. Creating an exceptional experience for the consumer, coupled with s superior products, service and value are the foundation of our system. Management tools for inventory and labor control, personnel selection, extensive training and more are essential keys in our system. We will not turn the system over to you until we are completely satisfied that you can operate the store on your own. We feel that this discipline, along with our continuing guidance in the operation of your store will help build your business.
Extensive Training
Since most of our franchisees are not familiar with the retail coffee business, we provide the training that builds the operational and managerial foundation for your business from the start. Prior to the opening of the store, all franchisees must complete an extensive ten (10) day training program at the It’s A Grind Franchise Support Center in Long Beach, California. The program consists of both in-store and classroom instruction, and includes all information and training necessary to operate an It’s A Grind Coffee House franchise. Our experienced training team will also work with you and your staff in the initial days of the opening of your store. As you can see, training is another essential ingredient of our business system. We believe nothing enhances the opportunities for success more than thorough training.
For more information, Contact The Capstone Franchise Group or visit www.CoffeeFranchiseExperts.com
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