ForumsFranchise Opportunities

Many years ago, I used to sell franchises for a franchise marketing company. If I were to give one piece of advice, it would be to choose a franchise that the actual day-to-day work matches your skill sets and personality. A fast food franchise or a vehicle repair franchise is great for some, and a terrible choice for others. The other main consideration should be how well your personality matches that of the franchisor. Bad chemistry is the number one reason for people getting fired, and it is a big reason why people often have problems with a frqnchise they bought.

What would work well for me, might not work for you. Assess who you are first.

The more obvious is to pick one that actually gives you something for your money. Some franchise offerings are a terrific value in the support and training, others exist to sell you products and collect a fee.

Good Luck

Hi,

I am currently considering offering franchises for ink cartridge refills. This is a HOT market and I have the machine that anyone can operate, marketing materials etc.....In todays economy, saving people money is a great business. We offer WALKIN, while you WAIT ink refills. Don't just go buy a machine, many of the machines on the market require a lot of labor, with our state of the are equipment and marketing materials will sell itself.

Our equipment beats all the others HANDS DOWN. Anyone can run it, fully automated and we GUARANTEE every cartridge we refill.

The customer can even watch as we refill their cartridges.

Ginger

Looking at franchises on line can get serioously mind numbing. But there is not any one definitive place to go to learn about which ones are the most successful. Nevermind "hot" franchises. Those ceramic painting franchise were "hot" at one point in time. No one wants them now. Even Quizno's, which we all know of, has been on the SBA's watch list. They have so much litagtion against them intiated by franchisees. My franchise lender with not touch them.

I could write a book, and have writen many articles, about what makes a franchise good. If I had to pick one thing to measure whether or not a franchise was successful it would be it's franchisee success rate. If you can find a franchise that has had 95% success rate over the last three years, you can pretty much count on you being successful in the business.

Having said that, yes there are some rather hot franchises. Cartridge World has been doing growing fast and is very successful for the past 5 years.

Just a quick finanl note, Market America's Unfranchise is an MLM.

The weight loss or health industry is very hot.
I know one very hot franchise and it is spectacular.