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Franchise Information Helpful When Analyzing A Franchise Opportunity

franchise opportunityAre you looking for some honest neutral franchise information or has a particular franchise opportunity caught your eye?

Are you considering becoming a franchise business owner, a franchisee? Are you looking for some way to get into business for yourself as a means to a better income and lifestyle? But are you getting good franchise information?

I applaud you for looking into a Franchise opportunity for yourself, this is the only way to get ahead of the devaluation of the job market. You know what I mean, with companies hurting, wages and benefits are going to suffer for some time. Yes, the only way for you to get ahead of the income curve is to become self employed and a franchise opportunity is one way. The question is, do you know what you are getting into, do you have good franchise information? What do you actually know about the franchise opportunity you are looking at?

Before you invest a large sum of money into a franchise opportunity and commit the next few years of your life to this franchise business, make sure you are fully aware of what you are getting into. Getting non promotional franchise information is critical. Doing some due diligence will help ensure you are making the decision that is right for you, that the franchise business will support and align with the lifestyle you want.

First, I do understand that the survival rate of a franchise business is much better than going onto a  business all on your own. On your own the success rate is about 3 to 5 percent after 3 years depending on who you listen to. And with a franchise opportunity they say it gets much better, there is common franchise information in print stating as high as 97%. Well, at least that’s what some selling a franchise opportunity are saying, but with deeper research it’s no where near that high, maybe 50% at best.

With a franchise opportunity you are essentially paying to get a couple of things. You are usually paying for a proven system, and a known brand name. Now the question about the specific franchise business you are looking at is, how good is the system and even more important, how good is their training and support? The larger long standing companies will generally be better at those factors, but you will certainly be paying for it with the initial buy in cost and ongoing franchise fees. The better the system within a franchise opportunity, the more you pay, although there is not guarantee of this. This is just like anything, as you dig into the right franchise information you will easily see that you get what you pay for.

It is very important to fully research each franchise opportunity you are looking into, don’t just rely on the company provided franchise franchise informationinformation. To get a clear picture of the operation, you should get input from both sides of the equation. It would be valuable to contact people actually operating the same brand of franchise opportunity business you are interested in to find out how the franchisor actually supports it’s franchise opportunity. How it interacts with it’s operators, and provides services and support. You might find also that they know other operators of the same franchise opportunity and know about the success and troubles others have had.

The common franchise information shows statistics on success ratios that are challenged by some who indicate gaps in the reporting requirements of how franchise companies have to provide the franchise information. You have to remember, the franchisors want the statistics to look good for the franchise opportunity they offer. Consider making sure that you address all of the following topics so that you are making an educated decision, not just an emotional one. Obtaining all franchise information needed to be well informed is your responsibility.

The most common reasons for franchise opportunity failure are:

Ineffective Franchisor Support

When a franchise opportunity does not have a very good duplicative system either because they are new to franchising and have not yet perfected it, or because they just don’t care to create a really effective system to better ensure your success, the success ratio goes down. Some offering a franchise opportunity are primarily focused on the initial profit and not so much on developing and maintaining a system to help you continue in success, if you fail they can sell it again to someone else. They usually cover this up in all the franchise information they provide to you.

The other way franchisors can be ineffective is with their ongoing support, or the lack of it. As a franchisee it is imperative that you receive very good training and ongoing support with a new franchise opportunity. This is a large part of why a franchise makes sense to invest in. Without adequate training and support the amount you should pay diminishes rapidly. If you are going to have to figure it all out on your own, why would you need the franchiser? You may not be able to survive long enough if you need to figure everything out on your own.

Poor Franchise Opportunity Location Choice

The first three most important factors to the success of a physical business are, location, location and location. It’s quite simple, a good location equals good traffic, a poor location equals lousy traffic. The big question here is who is picking the location and how good are they at this, are you getting all the specific franchise information you should? Many franchise opportunities fail because, in spite of a known brand name, the people do not come. Location can have a big affect on your start up costs, as a good location is usually more expensive. The property owners usually have accurate franchise information, they know the relative value of their location and will charge accordingly.

Going cheap on picking a location can be very dangerous to the long term success of your franchise opportunity. Traffic, visibility and ease of access are some of the critical aspects to consider. Getting the correct franchise information regarding demographics is very important, are there enough potential customers close enough to your franchise opportunity location. The location analysis does vary some depending on the exact business you are looking to open.

Franchise Business Market Saturation

This is where a franchise company authorizes too many locations of a franchise opportunity in close proximity. In my home town, they recently closed 3 Starbucks coffee locations. There were way too many in the area, so none of then were able to operate at a good profit range. And a major chain of ‘sit down’ restaurant closed one in a reasonably good location. but apparently too close to the next one. It takes a lot of sophisticated research and very accurate franchise information to determine unit location, it’s even difficult for the large companies. Make sure you are getting accurate franchise information regarding a proposed location. It may be prudent to hire an independent research firm to ensure the location of your specific franchise opportunity is viable.

Inadequate Business Promotion

Here is one aspect of a franchise opportunity many people miss by a mile when figuring their operating expenses, especially at start up, based on the initial franchise information provided. Newspaper ads, fliers and discounts will likely be needed in mass in the beginning of a new business. And the need increases greatly if the location is less than ideal because of competition, demographics or even same brand competition. Any business, no matter what kind, or form requires a constant flow of traffic so some forms of advertising are usually a constant no matter how long you are established. This kind of accurate franchise information is crucial.

Inaccurate Franchise Information

Good accurate franchise information can be obtained from both ends, the perspective owner as well as the franchiser. You certainly want the business to be a success so it is very easy to over expect what a franchise opportunity is capable of. And, the franchise seller certainly wants to paint a very glowing picture of the possibilities for the opportunity. What this boils down to is money . . . yours. You may not bring in as much income as you had hoped for, thus your fixed costs are a much larger percent of the equation. An accurate advertising cost estimate is very important franchise information.

When you are looking to invest as much as you are in a new franchise opportunity it is very important to do the research as thoroughly as possible, leave no rock unturned. The seller of the franchise opportunity will make it sound very lucrative and even easy to operate, don’t be totally accepting of everything they tell you, take it with a grain of salt, do the research, put together your own franchise information to verify all aspects. Don’t let your excitement for a franchise opportunity cloud your logic.

Perhaps contact owners of existing franchises like you are considering, find out from them how their experience has been. How good is the system provided and how well does the franchiser support it? Respect the franchise information and opinions of people who are already doing it, how is their business, how many hours do they put in? What, if any problems or glitches have they had, and maybe, how they can be avoided by you? These owners may know of other operators and how their businesses are doing as well. Obtaining good accurate franchise information may seem like a lot of effort, but just think of it as an investment in your future. What if you didn’t find out about a crucial point about a franchise opportunity that drastically affected your business, until after you were in a big mess? Miss judging the time commitment, customer traffic, true costs, product or service desirability, location and many other factors can quickly take a good idea into a disaster you are stuck will because of your investment.

The other aspect that should be carefully considered when choosing a franchise opportunity is your time. What are you going to be doing with your time? Will franchise businessthe business require long hours? Will it allow flexibility, the flexibility you want? In thinking about your time, the bottom line is your lifestyle. Does the business model you are looking into fit in with and actually support the lifestyle you want? After all, why are you looking to get into a business of your own? Is it just for the money or do you have specific desires that the money earned and the flexibility will help you attain?

Not only should you get accurate franchise information, but consider your reasons why. One must be careful when looking at a franchise opportunity to get into that it really supports your desired life, otherwise you may be just buying your way into a new income stream with little improvement to your overall life, and the activities you really want to be applying your time to. Many people jump into a business envisioning it as a vehicle to a better lifestyle, and they end up with the same of even more of what they wanted away from in their job. Getting good franchise information is the only way to clearly know.

Starting a  franchise opportunity can take up a lot more time than you think up front. A business can also bring on more opportunities for increased stress, with overhead expenses, employees, inventory and dealing with unhappy customers. Many times a franchise owner will end up with less time for home and family rather than more. Careful analysis of the franchise information related to what you want for your life is in order before you can make a proper decision if a particular franchise opportunity is a good fit. Isn’t the idea of going onto business for yourself a way to improve your life? Then make sure that your choice can in actuality accomplish this, and not end up the other way around.

Happy franchise information hunting, there is a good business out there for you that can best serve the life you want. It’s important to get into a business that still allows you to have a personal life at the same time as making good money. Is there a franchise opportunity that fits your needs?

For a viable alternative to a franchise business that is easier to get started, requires less time to operate and actually helps enhance your lifestyle, there is another choice.

Mind Movies Helps With Growth and Change

Mind Movies LogoThe New Mind Movies 2.1 goes on sale today with a great opportunity to get it at a huge 50% discount. I got the original Mind Movies back in 2008 and have thought it to be fairly easy to use in making the personal movies, but this new version looks to be even simpler.

Mind Movies is a software program that makes it easy to make essentially multi-media affirmations. And because the movies include reading, with pictures and music, they serve to touch multiple senses. This allows them to be more effective in getting through to our subconscious thought where our thought patterns, perceptions and beliefs basically run most of our life.

Quite a few people have used video as a way to do this, but Mind Movies is the first to set it up to be very easy, and now Real Easy, just point and click. Making a movie that is personal to you seems to add a lot to how it affects you personally, it’s just more meaningful to you, eliciting more emotion.

So, with the introduction of the new version today on March 31st they have came out of the gate with an announced 50% discount  plus a whole bunch of bonuses from other teachers and trainer in the personal development and business arenas. Plus, if you have previously purchased an earlier version of Mind Movies you can get the new version at a 75% discount.

Here is a video with some information about the release and fast action the discount that has been offered.

And another video here with more information, and mentioning the 75% previous purchaser discount.

Well, thee is not doubt in my mind that these mind Movies can have a positive affect on your life. On the site there are some great videos where they explain all about Mind Movies and how you can benefit from using them, and why.

I think it’s well worth it for you to take a look at Mind Movies.

And at this blog post, Mind Movies Discount and Bonus

All the best, John

I’m So Excited, Blogging About Personal And Financial Freedom

Excited SmileWelcome to my blog, John Haldermana blog about gaining personal and financial freedom.

On this first post I’d like to explain why I have set up this blog and what I’m so excited about it.
I’ve been fortunate to become aligned with some great people and business programs that have come together in such a way to create a super powerful way to really move forward. And not just for me, but for anyone who wants to create enhanced personal and financial freedom in their life.

When multiple people and opportunity converge as they have the way forward becomes much more clear, which is why the blog title, See The Way Forward. I seem to have been in a period of relative quiet for a while as the pieces have gradually presented themselves, and their power and benefit have become clear.

Here on this blog I will be bringing together a lot of information about moving forward in life, taking command, and stepping into the “New Economy” in ways that can have us creating not only much freer, more lucrative personal lives, but also contributing in a positive way to the current global shift in income generation and monetary distribution.

I have been self employed much of my life and have been working online for several years. I have seen most of what goes on both on and off line as far as business and income opportunities. I’ve owned a hardware store, a cabinet shop, a remodeling business, done various sales gigs, like home improvement, insurance and securities, mortgage loans and others. Plus I have worked in management positions in manufacturing and home remodeling for others. I studied Real Estate, had investment property and obtained a Real Estate license . I’ve studied and investigated all sorts of small business’s and franchises through the years I have been in self education mode most of my life related to business, marketing, sales, management, as well as personal growth and development, mindset is actually our most important success factor. And then there are the various online endeavors, and the network marketing and direct sales that I’ve had my hand in.

So why am I telling you all this? To let you know that I have seen plenty of the options we have available for making money as being self employed. We each have our own set of experiences and collected knowledge at this point in our lives, mine just happens to I have been centered around business and personal growth. The reason this matters, I think anyway, is that I feel that I know a real powerful opportunity when I see one having either seen or experienced many different types of business through the years. There is a Home Business model now that combines  the most leverage of your time with greatest income earning potential, better than all the other things I have previously seen. In one version or another, this is a great opportunity for many people to move forward in live.

What I see going on in much of the world today is a shift in how many people will earn their incomes. As you have seen over the last several years and glaringly in the last few, the large corporation as the major employer is diminishing. That business model is in some ways self destructing, it’s based on continual growth through increasing debt, which can’t be maintained. The reason their are economic problems is not from the common people, it’s because of the money brokers have come to value money itself over human value. You have seen how the value of your work efforts for a company have come to be worth less and less to them.

The solution is here, and actually the corporations and big money brokers have instigated our choice to change themselves, by their actions. But in the end we can win the game, we can take back command of our lives through self employment. It requires that many change how they have earned their income. But think about it, in our history, the large corporate business model is a fairly short lived concept. Before the industrial revolution, most everyone was either self employed or worked directly for an individual. With our current communication systems, we can get back to this to a large degree. Sure there will be some large companies, bit they will have to change their method of operation somewhat to compete with a more free workforce.

Anyway, here on this blog I will be relaying much more information about what is available to enhance our freedom, what’s going on regarding the New Economy, and the general shift taking place with humanity in the world, which will be a benefit to everyone. Here We will mainly focus on the ability to create personal and financial freedom. I also have other blogs that are more focused on personal growth and the global shift.

I firmly believe that as individuals, it is our first priority to take care of ourselves so that we can have more freedom and choice in our lives, enabling us to do more for others.  I’m not saying we can’t help others even if we don;t have a lot of money, we certainly can. But what we are able to do for our families and others is far greater when we have more flexibility with our time and finances. If you are one, like I am, that sees that we each have some responsibility to assisting with taking care of our world, the people and environment, I think you know that we a far better able to do so in a good strong financial position ourselves.We can have much more influence if we have the time and money to contribute in ways that matter.

So, if you are ready to move forward in your life and assist others in doing the same, let’s get busy, there is progress and money to be made. More personal freedom and choice to be realized and enjoyed, and fun to be had doing it!

It has become clear to me now, I see how we can create a Win-Win-Win for everyone!!

You are welcomed to read here, and I hope you participate on the blog, we all learn from each other.

You can look into what exactly I am doing if you choose,

And you can contact me directly . . .


We are in a very exciting time right now, it’s time to be the change!

All the best, John


John Halderman
njoyprosperity @ gmail.com  (delete spaces)
Skype: john.halderman

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