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http://www.toolkit.cch.com/text/P01_0900.asp Why Buy a Franchise? < Previous Next > First of all, let's define what we mean by the term: franchising refers to an arrangement in which a party, the franchisee, buys the right to sell a product or service from a seller, the franchisor. The right to sell a product or service is the franchise. There are basically two types of franchises: (1) product and trade-name franchises and (2) business-format franchises. A product and trade-name franchise generally involves the distribution of a product through dealers. For example, auto dealerships are product and trade-name franchises that sell products produced by the franchisor. Business format franchises generally include everything necessary to start and operate a business in one complete package. Business format franchises provide the product, trade names, operating procedures, quality assurance standards, management consulting support, and facility design. Many familiar convenience stores and fast-food outlets, for example, are franchised in this manner. People are attracted to franchises because the best ones have proven to be extremely successful over the years, and they combine many of the benefits of business ownership with the brand name, experience, and economies of scale provided by the established corporate franchisor. In fact, good franchises generally have a higher success rate than other types of businesses. http://www.vrbusinessbrokers.com/pages/selling/index.jsp The choice to sell your small or mid-size business is one of the most important financial decisions you'll ever undertake. You owe it to yourself, your family, and your employees to approach its sale with the same careful planning and dedication that you put to work in building your business. To attract quality buyers for your business, and to secure the best possible outcome for yourself, it is of paramount importance that you work with a dedicated full-time Business Intermediary who has your complete interests in mind. http://www.wsicorporate.com/services.asp?sec=13 E-Business Education When meeting with clients, most web developers discuss the virtues of CGI script, JAVA, Dynamic HTML, XML and ASP. This leaves the businessperson confused and feeling as if they may be getting into something that is over their heads. WSI Internet Consultants take a consultative approach that focuses on education. For business people, capitalizing on the new economy first requires an understanding of the new economy. Many companies today are run by individuals born in the pre-PC generation. Even those that grew up with computers find it difficult to stay abreast of the rapid technological changes.
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