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How Franchising Works: An illustrated guide
 
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An efficient business model blamed by some for low wages, franchising squeezes small-business owners between corporations and workers. Here's a run-down on how it works. Part of a WBEZ/Front and Center investigation series. Full story: http://wbez.is/1e5zMGD WBEZ - Chicago Public Media: http://www.wbez.org ------ Follow WBEZ on Twitter: http://bit.ly/VyekdH For more videos from WBEZ: http://bit.ly/VyeZMm Like WBEZ on Facebook: http://www.facebook.com/wbez915 Check out WBEZ on Tumblr: http://wbez.tumblr.com/
Views: 238642 WBEZ
What are the Most Profitable Franchises?
 
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What are the Most Profitable Franchises? Let's start off with the single highest grossing franchise I have ever encountered in my career. It was a sign franchise, so a franchise that designs, creates and installs signs for businesses. This single unit franchise was generating 30 million dollars a year from a single location. That number is far and away the highest I had ever heard of. But is the sign industry so great? We'll yes, sign franchises and specifically B2B or business to business focused franchises are quite good and they are a sector that most people aren't even aware of. But why are these franchises potentially so profitable? Well it comes down to the business model and the ability of the owner to directly influence his or her business. For sake of comparison look at a McDonalds franchise and their operational model. You set up a location, send out some flyers and coupons and hope for the best. There is really not a whole lot an owner can do to increase the profits of their franchise. Sure they can network the community, meet people and most good local franchise owners do, but that doesnt really impact the revenue in any big way. But when you own a franchise that provides services to businesses, you have a huge impact on the revenues of your store. And here is where once again we see that not all franchises are great for everyone. But someone with a sales, marketing or B2B networking background can really do well by coordinating a sales crew, or in a smaller franchise going out themselves and generating business locally. And that function is not something most people like to do. But the reality is the most profitable franchises are very often tied to businesses where the owner or their employees work quite diligently on new business generation. Now for some potential owners they just want to earn as much money as possible and sell the franchise in a few years for a million dollars. Others wan't a more laid back situation and just stand behind the counter - again - no best franchise. But in cases of where money is the priority there are a lot of these business to business franchises available that allow for direct influence over the amount of money that comes in and the harder and smarter one works the higher the revenues. So let's look at some real world examples. Sign shops are great and will always be in huge demand. Printing, is another business and some of these shops get into the specialty field like car wraps which is a great niche market. We work with several franchises in printing and signs investments start at about $200K give us a call to see which are available in your area or visit our franchise directory to browse them all. Staffing and employment franchises are also potential big money makers. And these are also often lower overhead businesses where you are not buying or selling any products so margins are good. Express Employment, the 4th largest employment franchise in the world has average owners that are open 1 year doing over a million, and their average mature office does 6.2 million in sales. Again we work with several employment franchises call to check territory availability your investment will range from aboutv $80,000 to $200,000 If you have a business background business consulting or coaching can be very profitable and great from an ROI perspective. many of these franchises have low start up costs under $50,000, can be operated from home, have low overhead and very high margins, 6 figures are expected and some top producers earn over a million. Within that group as well are speciality consulting franchises, such a cost reduction consulting where you help companies save money on telecom or billing costs, or energy consulting where you help companies save money on their energy costs. These are all cash businesses no inventory and low margins so can be very profitable. If you have access to a lot of cash there are franchises that actually help you become a short term lender to businesses and will match your loans to six times. With these franchises you earn revenue just like a bank with short term business loans. This is a mostly passive business and can be quite lucrative once your business has a few regular clients. So there you have it, some highly profitable franchise ideas and industries that allow the owner to directly influence their amount of earnings by proactively targeting business to business clients. If money is important and you have the skills, business to business franchises can be the most profitable choice. Don't forget to like and subscribe and come visit our new franchise directory where you can browse hundreds of franchises I'll put the link up here. Thanks for watching. http://www.franchise.city/franchises/
Views: 110209 Franchise City
Question: Is It Better to Buy a Franchise or Start Your Own Business as a Managed Service Provider?
 
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I've been in the IT field with the military for 15yrs and a time is coming when Uncle Sam and I will part ways. I've also done break-fix jobs in the civilian sector but as of late I've looked into the MSP (managed services provider) business model. My question is franchise or not to franchise? There are a few IT MSP franchises out there that look appealing. I've also read articles about franchising being a good fit for military veterans because franchising offers a structured environment (i.e. they have plans & procedures) that veterans are accustomed to. On the down side, the upfront cash to buy a franchise. I think I know your answer but please share your thoughts. -Trevor P. Nerds We Can Fix That: http://www.nerdswecanfixthat.com ***** To Ask Questions Email: [email protected] Patreon Campaign for a Geekier world: http://www.patreon.com/elithecomputerguy Signup for our email list at: http://www.elithecomputerguy.com/email-signup/ (#Microstopped... We will never forget) For Classes, Class Notes and Blog Posts: http://www.EliTheComputerGuy.com Visit the Main YouTube Channel at: http://www.YouTube.com/EliTheComputerGuy Follow us on Twitter at: http://www.Twitter.com/EliComputerGuy
Views: 27302 Geek Field Notes
10 Steps to Opening a Franchise
 
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★☆★SUBSCRIBE TO OUR YOUTUBE CHANNEL ★☆★ https://www.youtube.com/channel/UCzLkG-GEKFtfB_VfyAfGTuA?sub_confirmation=1 In this video, Tiffany shares the road-map of opening a franchise. She outlines the 10 steps and identifies tasks under each of those steps. Below are links to the two videos Tiffany mentions. How to Search for a Franchise Concept: https://youtu.be/ZgERVClmMlQ 4 Buckets of Site Selection: https://youtu.be/vgadoeeYb4s ★☆★VIEW THE BLOG POST ★☆★ www.franchisefrankness.com/blog/openingafranchise ★☆★OUR FREE RESOURCES ★☆★ http://www.franchisefrankness.com/tools ★☆★ FOLLOW US ★☆★ Website: http://www.franchisefrankness.com/ Facebook: http://www.facebook.com/FranchiseFrankness Twitter: http://twitter.com/FrnchsFrnknss LinkedIn: http://www.linkedin.com/company/franc... YouTube: https://www.youtube.com/channel/UCzLkG-GEKFtfB_VfyAfGTuA If you found value in this video, please share it with someone you know. Your feedback, a comment down, below or a thumbs up, is the best way to support our mission here. Thanks!
Views: 25034 Franchise Frankness
Should I Buy a Subway Franchise?
 
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Here at Franchise City We get hundreds of calls from people asking about buying a Subway Franchise. Is it a good investment? Now as Franchise brokers and consultants we are in a unique position in that we have access to every Franchise Disclosure Document out there. We also speak regularly with existing Subway franchise owners selling their locations and we hear the reasons why they want to sell. One of our partners here at franchise.city was also a multi units Subway owner for a number of years before selling his stores. So lets start with what I say when clients come to me asking "should I buy a Subway franchise?" First question I ask is why. Why do you want to invest in a Subway. 99.9% of the time people say "Because it's busy" or "They make great subs" which might possibly be the worst reasons to invest a couple of hundred thousand. Some people say "Because they are the most successful franchise" Well what does that mean? It means they have thousands of locations - what does that mean to you? That you will likely have a competing store a few doors down. Is that a good thing? Then I ask if they have any previous food service experience. Most don't. They have visions of traveling the world on luxury cruises while their Subway franchise back home earns them millions on auto pilot. Allow me to pop that bubble. If you want your Subway store to do well you need to work on it. It's a business like any other and is not a magical ticket to wealth. In fact right on their website when asked how much can you make with a Subway franchise they suggest speaking with "multi unit owners" to see how much you can earn with a Subway. They don't really want you speaking with single store owners. Lets sum it up. PRO Relatively stable brand - low failure rate Relatively low investment Very Well known brand name Relatively predictable and stable income CON Massive market saturation (The problem in franchising is the brands that are most visible get the most people applying for a franchise. But it is that exact visibility that hurts you financially as a franchisee with so many locations vying for business. Low Margins A lot of grumblings about perceived unfair business practices by Subway (You guys have Google none of this is secret) So lets look at this from another angle. Another franchise many people think they want to own is donuts. So I will say "I guess money isn't your driving factor" I hear silence on the phone. But don't these food franchises earn millions? One of the other franchises we work with is Express personnel, a staffing franchise. Average mature offices earn 5.6 million dollars a year. Nobody ever thinks of an employment franchise. You would need to sell over 15,000 donuts a DAY to make the same as an Express franchise. Molly Maid - another solid franchise with a lot of owners over 1 million annually. But nobody ever thinks of cleaning franchises. Stormguard franchise which is a growing disaster restoration company where you manage teams of repair people who help homeowners after a storm - their FDD shows $800,00 in NET income for mature offices. Pro Martial arts - a kids fitness and martial arts franchise - FDD shows 100K net and unlike food shops their model is for semi passive ownership you can keep your job and run this franchise. I could go on for hours about what is available it's sad really that most people make one phone call - buy a franchise, work like a dog and have no idea the franchise owner across the street is making 10 times more, literally, than what they are with less work. And I am not saying Subway is necessarily bad. For some people it's the best choice. There are thousands of happy Subway owners. The real question is which franchise is best suited to your skills, business goals, exit strategy and background and a number of other factors? Look at the day to day operational requirements - is this something you want to do for the next 10 years or more? is it something you are good at? Is this taking you financially to where you want to be? And am I comfortable with the level of risk? Every franchise has it to varying degrees. What I strongly suggest to people is that they look at all their options. Even outside of food. Compare multiple franchise brands, earnings, failure rates, franchisee satisfaction rates. Explore emerging franchise industries like senior care, or pet care. Research doesn't cost you anything and at the end of the day if you do decide to open a Subway at least you can say you did it with your eyes wide open. Franchise.city works with over 600 National Franchise brands and we help clients identify, research and explore and buy their perfect franchise. Consultations are always at no charge. And all of us here at franchise.city are not only experienced consultants we are all also franchise and business owners ourselves. http://www.franchise.city/buy-a-subway/ +1(800)432-1583 For Details.
Views: 40929 Franchise City
Franchise Opportunities - How To Buy A Franchise With Little Investment
 
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Franchise Opportunities - http://www.nobspayday.com Franchise Opportunities pop up every day and you have the capability to take advantage of booming businesses and brand names. But which do you pick? First of all you have to think about start up costs to get the business going. Also you've got to consider the time it will take to get your profits back. Many businesses you're looking at least $100k to get started and that is the bare minimum. http://youtu.be/xa_6eXpS3Vk Any profitable proven business model is going to be about four to five times the cost of that if you're looking at something like a mcdonalds or a subway your looking at least half a million to a million dollars to get started. Not to mention other costs associated with that! best franchise opportunities business franchise opportunities business investment business investment opportunities business investments franchise opportunities franchise opportunities under 10k franchise opportunity franchises opportunities franchising opportunities investment opportunities investment opportunities in usa investment opportunity low cost franchise opportunities online franchise opportunities small business investment opportunities small investment opportunities top franchise opportunities between 2007 and 2008 I decided to get online to learn internet marketing. I loved the thought of automation and being able to leverage systems as well as work I did 2 years ago! I began promoting digital style products which had 0 overhead and I was getting paid between 50 to 70 percent commissions! I dabbled as the years went on with internet marketing, affiliate marketing and network marketing. About 2 years ago I made a decision to take this business seriously and really get down to the nuts and bolts of internet marketing. In relation to franchise opportunities and the evolution of technology I was able to plug into a digital franchise system that completely changed the game. Very little start up investment costs extremely low overhead work from anywhere in the world whenever you want work from home* enjoy more family time more freedom Watch and pay attention to the video above about franchise opportunities and learn how to buy a franchise that's proven to work. Click the link at the top of this article to the best franchise opportunity from my first hand experience. "best franchise opportunities" "business franchise opportunities" "business investment" "business investment opportunities" "business investments" "franchise opportunities" "franchise opportunities under 10k" "franchise opportunity" "franchises opportunities" "franchising opportunities" "investment opportunities" "investment opportunities in usa" "investment opportunity" "low cost franchise opportunities" "online franchise opportunities" "small business investment opportunities" "small investment opportunities" "top franchise opportunities" Resources: http://www.youtube.com/watch?v=xa_6eXpS3Vk This channel: http://www.youtube.com/user/onlinefranchisebiz http://www.entrepreneur.com/franchise500/index.html
The 3 Best and Worst Franchises To Own | Forbes
 
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These are the best and worst American franchises to own according to entry costs, five-year growth rates and five-year continuity rates — a measure of how often an individual franchise has changed hands. Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbesvideo Forbes Video on Instagram: http://instagram.com/forbesvideo More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Views: 110904 Forbes
Buying A Franchise In Canada - Watch This BEFORE You Buy A Franchise
 
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WATCH THIS BEFORE YOU BUY A FRANCHISE! Get your FREE checklist for buying a business here: https://8-elements.com The thought of buying a franchise can be exciting, but BEFORE you rush into buying a franchise, there are a few very important things you need to know, and advice (as a seasoned business broker and business owner) I need to provide you that is specific to you buying a franchise in Canada. Powerful information that might make the difference between you making money or making no money at all! If you want to buy a franchise Vancouver, buy a franchise St Johns, or anywhere else in Canada - you MUST watch this vlog. It’s also packed with awesome information for those who are considering buying a franchise vs starting a business. I know, I know, this is one of my longest YouTube videos, but it’s packed with lots of very important information specific to buying a franchise in Canada. Should you need to refer back to some specific information sometime in the future, click that “SUBSCRIBE” button so you can quickly link to the subject matter contained within this vlog: The Franchise Agreement: (1m10s) https://youtu.be/nq-36pnGV-4?t=70 Franchise Fees: (1m53s) https://youtu.be/nq-36pnGV-4?t=113 Review BOTH the Franchise and Franchisee business that is for sale: (3m34s) https://youtu.be/nq-36pnGV-4?t=214 Location, location, location: (4m37s) https://youtu.be/nq-36pnGV-4?t=277 Read The Franchise Agreement - YOURSELF!: (5m39s) https://youtu.be/nq-36pnGV-4?t=339 PLUS in this section I give reference to my “Lease Agreements” video that can be seen here: https://youtu.be/CkhWFV05X1A Mandatory Renovations and Improvements: (6m8s) https://youtu.be/nq-36pnGV-4?t=368 Run the numbers and understand ALL the fees! (6m55s) https://youtu.be/nq-36pnGV-4?t=415 Visit: https://8-elements.com for more FREE expert advice specific to buying a franchise / buying a business for sale in Canada. If you’ve enjoyed this vlog, please click the “Like” button and subscribe to my YouTube channel: https://www.youtube.com/c/8-elements?sub_confirmation=1 If You Are Looking To Buy A Franchise, I invite you to visit my website to learn more about how my How To Buy A Business course: https://8-elements.com/buying-a-business/ PLEASE TAKE A MOMENT TO "LIKE", SUBSCRIBE, COMMENT & SHARE. You can also follow me on: Facebook - https://www.facebook.com/8ElementsCanada/?fref=ts Twitter - https://twitter.com/8ElementsCanada LinkedIn - https://www.linkedin.com/in/matthew-buxton-9b2b201/ Speak to you soon!
Views: 6237 8 Elements
How To Buy A Business With No Money - Dan Lok
 
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Discover How To Buy A Business With No Money. Watch until the end to find out. ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://buybusiness.danlok.link ★☆★Subscribe to our channel★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Dan "The Man" Lok, a multi-millionaire and serial entrepreneur, and an international best-selling author. Dan is considered the world’s leading expert in internet marketing and is referred to by many as the “Millionaire Mentor.” In fact, if you Google “Dan Lok”, you’ll see his name is all over 1,000,000 web pages! (ONE MILLION) Companies under his leadership generate more than $18+ million in sales a year, and tens of millions of dollars in revenue in the last few years. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Visit http://danlok.com for his latest blogs, news, tips, podcast, and where to catch him LIVE! ★☆★ Remember to Like, Share and Subscribe for more videos! ★☆★ ★☆★ Subscribe to Dan Lok's Podcast ★☆★ Imagine standing on the shoulders of the titans of entrepreneurship – some of world’s most successful and influential individuals – and be able to listen in on their content-rich conversations. Subscribe to the World's #1 Business Podcast for Entrepreneurs and High Achievers: http://www.shouldersoftitans.com ★☆★Subscribe to our channel★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 ★☆★Share this video★☆★ http://youtu.be/JGenV2sVkBE ★☆★Watch more videos★☆★ https://www.youtube.com/user/vanentrepreneurgroup/playlists ★☆★Connect with Dan Lok★☆★ Dan's Official Website: http://www.danlok.com Facebook: https://www.facebook.com/danlokfan Twitter: https://twitter.com/danthemanlok Linkedin: https://www.linkedin.com/in/danlok Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K Keywords: internet millionaire, online millionaire, internet entrepreneur, become an entrepreneur, online business, entreprenership, Dan Lok, internet marketing, build a business, how to start your own business, successful young entrepreneurs, start a business, create a business, vancouver entrepreneurs, vancouver millionaire, financial freedom, financial success, motivation speech, motivational speaker, inspirational speeches, business success, dan the man lok, grow business, entrepreneur advice, entrepreneur motivation
Views: 511515 Dan Lok
Mark Cuban: Only Morons Start a Business on a Loan
 
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June 14 (Bloomberg) -- Entrepreneur Mark Cuban discusses the U.S. Economy and starting a business with Trish Regan at the Clinton Global Initiative in Chicago on Bloomberg Television's "Street Smart." (Source: Bloomberg) --Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg On Bloomberg Television's "Street Smart," hosts Trish Regan and Adam Johnson bring you the most important market news and analysis affecting the S&P 500, Dow Jones Industrial Average, and the Nasdaq for your last trade of today and first trade for tomorrow. Broadcasting daily from Bloomberg TV's headquarters in New York, this business news show centered around the closing bell on New York exchanges, is targeted to provide the best analysis of the day's leading market headlines with a mix of original reporting, earnings news and expert sourcing from Wall Street's sharpest options traders, equity strategists and company analysts. Trish Regan and Adam Johnson provide actionable insight on the capital markets daily with regular segments such as "Chart Attack," depicting likely market moves before they happen, and "Insight & Action" which explains original trading ideas that can make you money. In addition, "Street Smart" is filled with breaking news, political analysis, and market-moving interviews with exclusive guests such billionaire investor Carl Icahn, hedge fund titan Bill Ackman, automaker Elon Musk and more. "Street Smart" broadcasts at 3-5pm ET/12-2pm PT. For a complete compilation of Street Smart videos, visit: http://www.bloomberg.com/video/street-smart/ Watch "Street Smart" on TV, on the Bloomberg smartphone app, on the Bloomberg TV + iPad app or on the web: http://bloomberg.com/tv Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Views: 4024199 Bloomberg
Should You Buy a Franchise Business? An Interview with David Barnett
 
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DOWNLOAD PODCAST/SHOW NOTES: http://ftmdaily.com/ftm-radio-show/war-is-a-racket/ ++++++++++++ David Barnett is an investor and author of a new book, Franchise Warnings. In this interview, Barnett shares some of his experiences after spending several years as a business broker and having sold many franchises. Barnett has given advice to franchisors, helped existing franchisees sell their business and helped people buy new franchise locations. In this interview, you will learn: – What’s the real difference between a franchise and an average start-up small business? – Do franchises really provide better odds of success for the average entrepreneur? – How do you go about buying a franchise? – How easy is it to sell a franchise? Barnett explodes the myth that buying a franchise is an easy way to business success and explains that when you purchase a franchise you don’t really “own” the business, instead you are “renting” the business. As a franchise buyer, you are a tenant and the franchisor is the landlord. Barnett’s new book, Franchise Warnings, is filled with information that you need to know before you invest your money into a franchise business. LISTEN TO FULL PODCAST EPISODE ONLINE... http://ftmdaily.com/ftm-radio-show/war-is-a-racket/ This is an excerpt from the Follow the Money Weekly podcast hosted each week by economist and author, Jerry Robinson. FTMDAILY.COM Website ► http://FTMDaily.com Like us on Facebook ►http://facebook.com/ftmdaily Follow us on Twitter ►http://twitter.com/ftmdaily Google Plus ►https://plus.google.com/+FTMDaily/
Views: 9095 Follow the Money
Should I Buy A Franchise? Pros and Cons? Tips on Deciding Which Franchise to Buy
 
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Should I Buy a Franchise? Pros and Cons of Owning a Franchise. Video Topic: Should You buy a Franchise?? - People want to open a business and think a franchise is the way to go! But have no idea where to start : Common questions to ask: What should I buy!! How much does it cost?? how do I know which ones are good? Should I just start my own business?? - Definition of a franchise business: Business Format Franchising is the type most identifiable to the average person.  In a business format franchise relationship the franchisor provides to the franchisee not just its trade name, products and services, but an entire system for operating the business.  The franchisee generally receives site selection and development support, operating manuals, training, brand standards, quality control, a marketing strategy and business advisory support from the franchisor.  - Pros - Wide range of business types you can choose from, and varying costs - Can choose something in an industry you are familiar with but not necessarily b/c they will train you in that business - You have all the systems in place to start making money right away - Support system - Widely known brand with established credibility - Cons - Can cost a lot of money to start up - Restricted on what you can and cannot do with the business - no freelancing - Pay royalties forever. - At the mercy of corporate decision making - Bonus Tips for the end: Stay til the end and I’ll give you some tips on finding the right business for you!! Things to consider: - Using a franchise consultant - Identify businesses that you enjoy being at, and consider things you like to do. - Talk to other franchise business owners about their experiences when you’ve narrowed down the list - go to franchise expo’s - go with a brand that you believe in Question of the Day! What franchise businesses are you looking at and what research have you done?? Trung ============================================================================ Equipment used to shoot this video Canon SL2 Digital SLR https://amzn.to/2A22w43 Canon 18-55mm Lens https://amzn.to/2Oaxryc LimoStudio AC Light Stand Mount Umbrella Holder, AGG886 https://amzn.to/2A1t5pX Smith Victor KT750LED 750 Watt 2 LED Lights, Stand & Umbrella Studio Kit & Case https://amzn.to/2LraoR8
Views: 199 LifeOnYourTerms
Buy a Franchise - 6 Big Mistakes to Avoid!
 
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If you want to Buy a Franchise avoid the 6 big mistakes. http://www.cafranchiseopportunities.com/buy-a-franchise So, you are looking to buy a franchise and you are wondering where to start. One of the most important principles you need to adopt is "learn from the mistakes of others". There is no need for you to go into this blind and repeat someone else's mistakes. Mistake 1: Following Your Passion This one may seem strange at first. After all, aren you not supposed to follow your passion? Is not that what everyone says, "do what you are passionate about"? Here is the twist -- passion is great and it is sometimes the only thing that separates you from failure, but to succeed in business, you need a passion for starting and running a business. Mistake 2: Buying a Hot Franchise Learn more about the 6 big Mistakes when buying a Franchise at http://www.cafranchiseopportunities.com/buy-a-franchise
Views: 124233 CanadianFranchise
Top 6 reasons to NOT buy a Chick-Fil-A Franchise!
 
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Think you want to own a Chick-fil-A? For some people is can be a great fit but not everyone. Let me begin by saying there is a lot that Chick-fil-A has done right. Their earnings per store or average unit volumes are at the top of the QSR50 at 4.4 million. To put that into perspective the average unit volume of a Subway store - lets go way down second from the bottom of the chart -uh-oh at a paltry $422,000. So Chick-fil-A locations earn 10 times what a Subway earns! Now for those of you who follow this channel you know I am not a fan of Subway, but if I had to choose between the two I would invest in a Subway before Chick-fil-A even despite those earnings. I'll reveal why in a moment. Chick-fil-A also has a very low franchisee dropout rate at less than 5% and many operators are with the company for 20 years or more. Employee turnover is also low at only 60% compared to typical food industry attrition rate of over 100%. Chick-fil-A really seems to take care of their employees and provides incentive programs for hard workers that show initiative to move up the ladder. Considering how effective this is it's surprising how few companies offer this. Chick-fil-A has just over 2000 restaurants and every one of them closes on Sundays. Despite having one less day to sell, Chick-fil-A has higher total revenues than many franchises open Sundays and with double the locations. The corporate office doesn't hide the fact they are a Christian organization that believes in traditional marriage and family values and they got some heat recently for opposing same sex marriages and sending millions to organizations that lobby against it. Chick-fil-A was actually started as the Dwarf Grill in 1946 and opened by S. Truett Cathy, The first Chick-fil-A opened in 1967 so they have a long history and experience in franchising. So it looks like for some people we have the American Dream here - Christian values, closed on Sundays , 4 million dollars annual volumes per store, happy employees and low franchisee turnover AND did I mention a super low franchise fee of only $10,000! Sign me up!! Interesting to note: Despite all these good things you will never see investor groups, single investors, brokers, sports celebrities or anyone looking to build a franchise empire buying a a Chick-fil-A. Why is that? Lets look at those top 6 reasons you may not want to buy a Chick-fil-A 1. You absolutely need to be at the store and run the store. The store becomes your life. One of the benefits of franchising is the ability to eventually or even initially operate your store in a passive capacity, meaning it will still operate and generate revenue while you are doing other things. Some franchises are better at this than others but being able to have your business operate while you run other businesses, work a career, travel or whatever else, is a major benefit of franchising. In situations like this where franchisees are required to work in the store we call this "buying a job" and with Chick-fil-A you will be required to work in the store............. cont'd at: http://www.franchise.city/chick-fil-a-franchise/ https://www.qsrmagazine.com/content/qsr50-2017-top-50-chart https://www.chick-fil-a.com/
Views: 187834 Franchise City
Should I Buy a Cleaning Franchise?
 
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Most commercial cleaning franchises have a similar operational model that can work well given the right location and owner background, but can also be a time and money waster. The basic structure of most commercial cleaning franchises is something like this. You have a Master Franchise owner who has purchased the rights or the license to a given territory. Generally that territroy will be "X" number of businesses or population size. The total investment for this master or area developer franchise will range between $100,000 to over $500,000 depending on territory size and a number of other factors. The Master cleaning franchise owner will then prospect in their territory to secure cleaning accounts. All franchises have their own special sauce when it comes to the sales and marketing process to help the franchise owner land accounts. Now while the franchise owner is landing the cleaning accounts they will also sell franchises and contracts to people who will actually perform the cleaning functions. Generally a smaller cleaning franchise will cost between $1000- $15,000 dollars. So the Master franchisee lands the account and sells the accounts to their franchisees who will then conduct the cleaning. Of course the master will also take an ongoing cut of all the revenue. So a Master cleaning franchise can be a very lucrative business. You sell these individual franchises for several thousand dollars, and you also take a cut of all your franchisees royalty. YOu will of course be responsible for account management, customer retention, billing and administration for the account. Now for the cleaners who buy the smaller individual cleaning franchises for a few thousand - is this a good deal? Well it can be. Here is the bad news, you will always be paying a share of your money to your master franchisee, you will also be at their mercy for generating business for you. If you have an experienced and ethical master franchisee you can do well, if not you will likely be unhapy. Now if you get a good master franchisee the good news is they will take care of landing your cleaning accounts, they take care of all the billing and handle phone calls, they convey a professional image because they have the well known franchise logo, and they will co-ordinate everything you just have to clean. If you started on your own you have none of these benefits. You will generally also have access to business insurance and other perks that are often difficult to obtain as an independednt just starting out. So is a cleaning franchise a good investment? For the Master Franchisee, yes it can be with the right brand and as long as you have good people management and sales skills. For the cleaning franchisee yes also, but make sure you are dealing with a reputable master franchise owner (Google them and check references) and fully understand the terms and conditions of your contract. Starting out in the cleaning business can be challenging and a franchise can help you get started. We at Franchise.city have a favorite start up cleaning franchise, the investment for the business is $6,995 your total investment around $10,000 including all your startup expenses like computer, insurance and advertising. The company provides light commercial as well as residential cleaning and have a great support system in place providing everything you need to get started in your own successful cleaning franchise business. If you would like to learn more click the link below this video or visit us at franchise.city. If you are already on our page fill out the form e to learn more Franchise.city works with over 600 franchises including most of the commercial and residential cleaning brands and can help you compare each one to find out the best for your situation. Franchise.city is a better way to buy a franchise. http://www.franchise.city/franchises/cleaningfranchise/
Views: 12457 Franchise City
5 Reasons to NOT Buy a Gas Station
 
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Lets start with an interesting statistic. According to the NACS 2017 Retail Fuels Report, 59% of gas stations in the U.S. are one owner-operated. They own one store and often that store is attended by the owner. That type of business is what we call buying a job. The owners aren't working in the business because it makes so much money they are workimng there because they have to. Also interesting to note is that most major oil companies have sold off all or most of their fuel station holdings. Do you think you as a small business buyer have more market knowledge than the best business minds hired by the oil companies? Big oil is getting out of gas stations that should be a warning sign as shouold the huge number of single store owner operators. Many of these are struggling business owners making a living on very small margins. Which bring us to the next point 1. Small Margins. Here is a great infographic from the Orange County Register on where $50 spent at the pump goes. $30.75 to the oil company, $7.00 to the refineries, $6.00 on taxes, $4.00 to the delivery company, $1.25 on processing and transaction fees and finally right at the end of the chain you get $1.00. And that number can and does change sometimes even lower most owners suggesting an average of 1-3 cents net per gallon. If you speak with gas station owners as we do or even just visit forums and chatrooms with actual gas station owners most will tell you the gas is just a way to get people to the location and they actually make their money on cigarettes, soft drinks, coffee, and snack foods. But a huge problem today is more and more gas buyers are paying at the pump and not even entering the store making it even less profitable. But you will still have non driving walk in traffic leading us to reason #3 - rough customers 2. Most cheap gas stations are located in less than desirable neighborhoods and open 24 hours a day. And lets face it most gas stations are often frequented by some interesting people particularly in the late and early morning hours. We all watch Youtube and see some of the crazy stuff that happens in convenience stores and gas stations. That will also be happening to you - is that something you want to deal with? Ask your seller if they have ever had any issues where they had to call the police, and Google the address and see if any crime reports come up. There are over 7000 robberies each year at gas stations and 15,000 at conveniece stores which is disproportionate in relation to other businesses. 3. Franchising. Now there are many situations where the franchising model works. In my opinion gas is not one of them. In fact if you are at the mercy of buying only one companies gas at a fixed price, being unable to shop for better pricing, stuck with every promotion they decide on as well as having to pay franchise royalties and fees with your already slim margins, being profitable can be difficult. 4. Environmental issues.This is a problem specific to gas stations. Are the tanks leaking? If so the cost of cleanup can be costly. Many unwary buyers found themselves on the hook for huge bills because they chose to survey only assets that were above ground. 5. At the mercy of potential construction. Some unethical sellers pull a fast one and after determing that weeks or months of construction will make thier location inaccessible put it on the market. Always check with the local department of transportation prior to making an offer on a gas station. Or any business for that matter. Now in closing yes I understand that gas stations and convenience stores CAN be a good business or franchise. In these videos I provide the negative side because as we all know the seller is only giving you the good side. An business decision that has considered both the bad and the good is an educated one. Don't forget to like and subscribe and leave your business and franchising questions down below. http://www.franchise.city/buy-a-gas-station/ http://247wallst.com/economy/2014/05/22/why-are-there-115000-or-150000-gas-stations-in-america/ http://www.ocregister.com/2012/03/14/gas-prices-oil-prices-and-who-gets-the-money-you-pay-at-the-pump/ http://www.nacsonline.com/YourBusiness/FuelsCenter/Pages/Retail-Fuels-Report.aspx
Views: 455969 Franchise City
Buying a Franchise : How to Buy a McDonald's Franchise
 
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Buy a successful McDonald's franchise by filling out a simple application, reviewing a prospectus and discussing the cost of this expensive franchise. Contact a business broker to assist in the paperwork for buying a McDonald's with advice from the owner of several franchises in this free video on buying a franchise. Expert: John Niemira Bio: John Niemira is a business professional who has been in the business industry for many years. Filmmaker: Michael Burton
Views: 7871 eHow
Don't Buy A Franchise For These Three Reasons
 
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https://meetme.so/JoeChancellor digitalfranchise Franchising advice. Get this digital franchise and actually start to profit in weeks. https://www.linkedin.com/in/abundancecoach/ I've been consulting franchise owners for years. I'm shocked at the bad business choices being made over buying a franchise today. Why would you buy an overpriced franchise that will ultimately just change your current job environment from that of an employee to that of overexposed to liability business owner. The reason a person buys a franchise is to develop a sense of freedom and to have financial prosperity at the most profitable margins. So if you want the most profitable franchise don't you think you should weigh out the risk, the upfront cost, the exposure to new levels of liability, and the fact that you're really not changing your life for the better? Today you can instead get a digital franchise for pennies on the dollar in comparison. You can run your digital franchise in such a way that you have much more free time. You can run your digital franchise from the comfort of your home as a home based business owner. No more long hours at a company! Look forget buying that batteries plus franchise where you'll work from morning til night and it will cost you hundreds of thousands of dollars and you'll be in debt for years beyond your current retirement goals. Just click this link: https://meetme.so/JoeChancellor and you'll have everything you need to start your digital franchise and save yourself hours of lost time, and years of lost profits. http://youtu.be/_SrqQDqvf9M digital franchise buying a franchise franchise franchising franchise costs batteries plus business business opportunity retiring young online franchise infopreneur make money make money franchise http://youtu.be/_SrqQDqvf9M
Views: 6257 Self Made in 2014
Should You Buy a Cleaning Franchise?
 
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** Please note - Our program that I mention in this video has been modified. Visit our website for up to date info*** Cleaning franchises are very popular, but is it right for you? Be sure to visit our website for more information on how to start a cleaning business. https://mycleaningbiz.com
Buying a Franchise : How to Buy a Starbucks Franchise
 
01:19
Buying a Starbucks franchise requires contacting the company, filling out an application, researching the costs and profits and contacting a business broker for assistance with the paperwork. Find a good deal on a Starbucks franchise with help from the owner of several franchises in this free video on buying a franchise. Expert: John Niemira Bio: John Niemira is a business professional who has been in the business industry for many years. Filmmaker: Michael Burton
Views: 6069 eHow
HOW TO BUY A FRANCHISE
 
03:05
Starting up a new business from scratch is a massive risk – even for experienced business people. Buying a franchise, on the other hand, means you’ll get the systems, support and marketing you need to help you get off to the best possible start. We follow Sarah on her journey towards researching and making decisions about buying her own franchise business. A great follow up article to read after watching this video is Find the Right Franchise, which you can find at http://www.franchise.co.nz/article/639-find-the-right-franchise. If you want to learn more about how franchising can help you achieve your goals ­– not matter where you live or what age you are – Franchise New Zealand media is here to help. With our quarterly magazine and well-resourced website at http://www.franchise.co.nz we provide hundreds of helpful articles, business profiles, and information on franchise opportunities and advisors of all kinds.
Top 3 Reasons to NOT buy a McDonald's Franchise
 
08:43
Taken from their 2017 franchise disclosure documents the total investment required to buy a McDonald's franchise is $1,008.000 to $2,214,080. A lot of people see that the franchise fee for a McDonald's is only $45,000 and assume that is all you need but that is absolutely not the case. You will need a minimum of $750,000 in liquid capital, that's cash, in order to qualify. You are also required to have a very strong background in business, preferably in a managerial or supervisory capacity as you typically will be managing 50-125 employees. If you think McDonald's is a "sit back while your franchise makes money" type of business think again - taken from their website McDonald's requires you to actively participate in the business and will not sell to investors, investor groups or corporations. After buying your store your ongoing fees for your McDonald's will include a Service fee equal to 4% of Gross sales due on the 10th day of each month. Advertising and promotion is not less than 4% and will vary depending if you are involved in local co-ops. There are other small fees such as licensing and software, and of course your major expenses of rent and staffing. Your monthly base rent will vary depending on the total amount invested by McDonald's in the acquisition and development of the building and land. So how much does a McDonald's store earn? That amount will vary but this chart taken from Bloomberg, sourced from Janney capital markets gives a nice snapshot of a McDonald's financial scenario. Now these figures are from a few years ago, we know that today from looking at the QSR50 the revenues have actually dropped by about $150,000 since this chart was made, so they are likely even lower today than back in 2012. lets take a look. We have net sales of 2.7 million in 2012 which appear to have dropped to 2.55 million in 2017. Still pretty decent money right? Subtract your food and paper costs leaves you with about $1.7 million. Pretty solid so far! But hold on there are many more expenses related to running your McDonald's. Once you back out payroll, taxes, advertising, maintenance, utilities and operating supplies you get down to $761,000. Still not bad right! But hold on you forgot rent, insurance, and other expenses which bring you down to just over $150,000. Now given the fact most executives can earn $150,000 at a job, not having to invest 1.5 million or worry about running a business with dozens of employees, this begs the question of how great of an investment owning a McDonald's actually is. Now don't get me wrong investors that got in early and have prime locations will do far in excess of those numbers. But it's tough to find a great location anymore with so many stores. Always remember the emerging brands of today are the McDonald's of tomorrow. As we always say it is critical to get in at the right part of the growth curve not at the tail end, which is where most investors do get in because they see all these locations and think that must mean success. Not the case. McDonald's has also had it's share of challenges financially as a corporation and you can see here taken from their franchise disclosure documents they have closed hundreds of US based stores and hundreds more in other countries over the past 3 years. Additionally recent surveys of McDonald's franchisees indicate many are unhappy with how the company is being run. "The system is broken," one franchisee said in the survey comments collected by analyst Mark Kalinowski. "There is no leadership, no plan, no respect for operators or their investment bottom line." Another said, "Relations between McDonald's corporations and operators are the worst I have even seen." Not one franchisee surveyed said the six-month outlook was "excellent." So is a McDonald's franchise a good investment? The trends would indicate that the opportunity is nowhere near their peak in the 80's and 90's and it would be prudent to look at several other franchise options before buying a McDonald's just for sake of comparison. Little bit of McDonald's history, McDonald's was started in 1940 by Richard and Maurice McDonald who opened their store in San Bernadino CA. At the time no bank would lend them money, until Bank of America finally extended a loan of $5,000 which started the empire you see today. It wasn't until 1962 the Golden Arches as we know them today came into use, prior to that the McDonald's mascot was a hat wearing hamburger called Speedee! https://www.mcdonalds.com/ca/en-ca/about-us/franchising/purchase-franchise.html https://www.bloomberg.com/features/2015-mcdonalds-franchises/ http://www.Franchise.city https://www.qsrmagazine.com/content/qsr50-2017-top-50-chart
Views: 96469 Franchise City
Franchise Opportunities- What Can I Afford?
 
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There are over 4000 franchise opportunities available to investors today. Mixed in those franchise opportunities are business opportunities, we won't cover the difference of the two however both have similar characteristics. So given we have 4000 of these franchise opportunities ranging from absolute garbage to the cream of the crop, and investment levels from $500 toi$10 million how do we make our decision? Well if you follow the channel at all we suggest always aligning your skills and strengths with the actual operational model of the franchise. Do you think you should have skills of a chef to run a McDonalds franchise? No McDonalds is about managing teams, recruiting and retaining staff, and developing community relationships. Every franchise has varying requirements of how much sales, customer service or human interaction is involved. Always ask your franchise what an average day will involve and speak to existing franchise owners. Another important thing you need to consider is budget. How much can you afford and will you finance a portion of your business? Lack of capital is the number one reason businesses fail so you need to make sure you are sufficiently capitalized. You need to know how much working capital will you realistically need until your franchise starts turning a profit. that's another reason franchises are beneficial they generally have an idea of how long that can take. Now we get dozens of calls from people who have $10,000- $50,000 asking about buying a food franchise. Now the majority of food franchises have a minimum of $300,000 net worth requirement and a liquidity requirement of at least $100,000 so that is not a good choice. Many of them are beyond those amounts. Keep in mind often times the investment given on the website is not the full investment including buildout costs and working capital. If you have less than $200,000 you should not consider looking at brick and mortar food franchises. If you have a $50,000 or less investment we have mostly owner operator type franchises that include businesses like consulting, medical billing or business coaching for executives, or cleaning, and service based businesses like cleaning or painting for blue collar investors. These franchises are generally one person businesses, can be operated from a home or small office, and require the owner to conduct most if not all of the business functions. They can still be profitable, you will just need to trade work for the fact your budget is limited. Between $50,000 to $100,000 we see our options expand and franchise opportunities like senior care, child tutoring, junk hauling, disaster restoration and even some smaller specialty style kiosk food concepts become available. At this level with service based businesses you are no longer owner operator, but operating the business in an executive capacity, so managing crews and estimators, building business relationships and the like. You will still be working on the business, however not necessarily in the business. Between $100-$200k investment we start to see brick and mortar franchise opportunities come available like smaller footprint food shops, smaller fitness franchises, master franchises, which are licenses to sell unit franchises within a given territory, larger multi truck service type franchises like moving and similar. Some of these concepts have semi passive options available. From $200,000 to 1 million is where most of the retail franchise opportunities exist. This is also the range where true passive ownership is most realistic . You still won't be able to buy a McDonalds, which is over 1 million but your options are quite extensive in this investment range. There are many food type franchises, passive ownership franchises like multi unit ownership of hair salons, there are lucrative master franchises and licenses in all areas. Self storage is another popular investment, massage and day spas or medical clinics and brick and mortar educational franchise facilities. Now some of you might be saying "Robert, we see food franchise opportunities all the time for $40,000 or less on websites like BizBuySell! What are you talking about" And absolutely that is true and testament to the churn and burn mentality of franchising in general. Every single one of those sellers you see selling for far less than their original investment is a distressed seller. They are losing money. If they were making money they will sell their business for double what they paid or more! Not less. So that's when the uneducated buyer goes out,. thinks they are getting a "deal" on this fantastically priced franchise, and unless they have enough skill and capital to turn the business around will also meet the same fate. Don't forget to like and subscribe and visit our franchise directory at http://www.franchise.city If you need help researching or finding a franchise our services are always free. Thanks for watching
Views: 15431 Franchise City
How to Buy A Franchise
 
03:32
Click- https://www.thefranchiseking.com/how-to-buy-a-franchise?utm_source=youtube&utm_medium=cpc&utm_campaign=how - To Learn How To Buy A Franchise. Are you willing to do whatever it takes to buy the right franchise for you? If so, start off by reading my detailed article that shows you (step-by-step) exactly how to buy a franchise-the right franchise. Warning: Reading my article is going to require some time and some focus. It's 6,000 words. Bookmark it now so you can keep referring back to it as you go through the franchise purchasing process. The link is above. Subscribe To This YouTube Franchise Channel For Updates! The Franchise King®, Joel Libava, provides actionable tips and advice for today's future franchise business owners.
Views: 2173 Joel Libava
What is Franchising? - Ask the Pro
 
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Our offerings under Rule 506(c) are for accredited investors only. GENERALLY, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. What is Franchising Ask the Pro - Grant Cardone For more Click here: http://grantcardonetv.com/askthepro Hossein Kasmai owner and CEO of Franchise Creators a Miami based company specializes in the building, selling and buying of Franchises. In this episode of Ask the Pro Robert Syslo Jr sits down one on one with Hossein to discuss what franchising is, how it works, how it adds another flow of income, and ways to franchise your current business. http://franchisecreator.com Our offerings under Rule 506(c) are for accredited investors only. FOR OUR CURRENT REGULATION A OFFERING, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. For our anticipated Regulation A offering, until such time that the Offering Statement is qualified by the SEC, no money or consideration is being solicited, and if sent in response prior to qualification, such money will not be accepted. No offer to buy the securities can by accepted and no part of the purchase price can be received until the offering statement is qualified. Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person's indication of interest involves no obligation or commitment of any kind. Our Offering Circular, which is part of the Offering Statement, may be found at www.cardonecapital.com #business #realestate #investing #GrantCardone #10XRule #SalesTraining #SalesMotivation
Views: 23864 Grant Cardone
Top 4 Reasons to NOT Buy a Subway Franchise
 
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UPDATE - SUBWAY CLOSED ANOTHER 909 STORES IN 2017 - WHO TOLD YOU FIRST OVER 4 YEARS AGO? WE DID!! Here at Franchise city we help investors find the right franchise, a lot of that has to do with educating people as we do in these videos on our Youtube channel. One of the brands we are asked about most often is the Subway Franchise. Now there is no question Subway as a corporation is super successful, but does that bear any relevance to you as an individual unit franchise owner? We all know the high points about Subway, in this video we will look at some reasons you may not want to open one. 1. Massive Competition. If you live in any major city and have a desire for a Sub you won't drive more than a couple of blocks before seeing another Subway Franchise. Thatis convenient for you as a consumer but for franchisees not so great. When you combine the fact that your store is competing with many other Subways - with the very low margins seen on promotions like the $5 sub - you have a recipe for working hard for little pay. Additionally Subway as a corporation despite it's massive success has seen revenue declines the past few years which brings us to our next point - store closures: 2. Store Closures and Corporate Decline. Subway reportedly had 359 store closures in 2016.The first time ever. For the past 4 years we have been cautioning Subway investors on what appeared to be a potentially over saturated and overheated market.Despite all this information being publicly available you still see people lining up to buy a Subway. And you see this type of irrational investor behavior in real estate speculation as well as in stock market investing. Right before a crash, or a decline there is a massive influx of investors who throw their money at this supposedly "incredible opportunity". But the opportunity only looks incredible because everyone is doing it. Once it hits bottom people learn their lesson. And you can't blame investors as they see all these franchises everywhere and assume that means guaranteed success. What that in fact means is intense competition. cont'd at http://www.franchise.city/subwayfranchise/ http://www.subway.com https://www.qsrmagazine.com/reports/qsr50-2016-top-50-chart
Views: 52237 Franchise City
Most People Don't Know How To Buy a Franchise
 
03:26
https://www.thefranchiseking.com/franchise-consultations-the-franchise-king Find out how we can work together to help you lower your risk and increase your chances of success. Most people don't know how to buy a franchise. Most people should watch this video. Learn How To Buy a Money-Making Franchise: Go Here- https://franchisebusinessuniversity.c...
Views: 7537 Joel Libava
Dunkin Donuts Franchise Cost, Earnings and Review
 
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SORRY THE FDD SCREENCAPTURE HAD A TECHNICAL GLITCH! Dunkin' Donuts is another franchise we get a lot of calls about. A lot of people think they want to buy a Dunkin' - but is it a good investment? How much does a Dunkin' Donuts Franchise Cost, and how much can I make? Dunkin' Donuts is another one of those Iconic brands that often entices people just by virtue of the huge name, to think it is the best franchise option out there. Because surely this 12,000 location strong brand I see everywhere is the biggest moneymaker out there. Let's take a look. We just got access to the brand new 2018 FDD for Dunkin so all the numbers for today are are as up to date as you can get. The cost to open a Freestanding location ranges between $245,200 to $1,717,103 - and none of these numbers include real estate costs. A shopping center storefront is $228,621 to $1,202,880. Setting up a Dunkin in a Gas or Convenience store location will range between $108,904 to $741,100 and that price will vary depending on whether the baked goods are actually made on site. There is also an APOD or Alternative Points of Distribution model which ranges between $97,500 to $542,805. These are non traditional locations like transportation terminals, casinos, colleges, military bases etc. Your ongoing fees will include what Dunkin' Donuts calls their Continuing Franchise Fee 5.9% of Gross sales, and a continuing Advertising fee of 5% of Gross, The franchisee goes on to say "After talking to dozens of franchise owners just like us, we learned that this was more than an unusual litigation binge. This was a corporate strategy. In order to compete with Starbucks, Dunkin' Donuts has announced a plan to open 15,000 stores by 2016. The NY daily News article goes on to say: Dunkin' Donuts has sued other franchise owners 154 times since 2006, this was written in 2008. Over the same stretch of time, McDonald's was involved in five lawsuits. And Subway, a company that has four times the number of locations as Dunkin' Donuts, sued its franchises 12 times. Now we can't be certain of the validity of this specific claim, and the Dunkin' Donuts 2018 FDD does not reflect the number of lawsuits suggested in that article however we were able to access the 2008 FDD and sure enough there were dozens of lawsuits listed. There is a sharp contrast between the 2008 and 2018 FDD's with many fewer lawsuits. We can only speculate why this may be the case, maybe Dunkin' realized that these lawsuits can really hurt a brand long term. Look at Tim Hortons. So the question everyone wants to know - how much can I make with a Dunkin' Donuts franchise? Let's look at the FDD. So Dunkin' actually has a really nice and clean Item 19 which breaks down stores by regions, as well as by type of store. We don't have enough time to look at every category so we'll just explore averages. For example a freestanding non drive through in the Midwest will see about $894,916 in average sales, a drive through restaurant in the Northeast will see about $1,400,932. Shopping center storefront types are a bit lower between $835,906 and just over a million ($1,068,982), and gas and convenience sites between about $620,159 and $932,175. Again I'm not doing justice to the numbers or regional breakdown and encourage anyone who is interested in a Dunkin' Donuts franchise to check the FDD themselves to get a better handle on their specific region and selected store type. Now a million dollars may sound like a lot of money but how does that compare to other franchises? Well if we consult the QSR50, which is a great list comparing the top 50 QSR franchises and Ill post that link down below, we see Dunkin' Donuts is 13 spots from the bottom sorted by annual revenue. Now the 2018 QSR50 is not yet available so we expect these numbers will change. But from a revenue standpoint we see Chick-Fil-A way at the top at over 4.4 million in revenue per store, and Baskin Robbins way at the bottom with only $237,000 per store. Remember from that million comes your royalties, salaries, rent, taxes, and lots of other expenses. So from a purely revenue standpoint Dunkin' Donuts is not near the top comparatively. So is Dunkin' Donuts franchise a good investment? Depending on your situation and most importantly your location, it could be. We suggest investors always look at several franchises to compare call your options, maybe even those outside of food franchises. Don't forget to like and subscribe and if you need help finding or researching a franchise give the experts a call at franchise city. http://www.nydailynews.com/new-york/brooklyn/dunkin-donuts-business-practices-lots-holes-article-1.278131 http://www.dunkinfranchising.com/franchisee/en.html https://www.dunkindonuts.com/en http://www.unhappyfranchisee.com/category/franchisor/dunkin-donuts-franchisor/ https://www.qsrmagazine.com/content/qsr50-2017-top-50-chart?sort=2016_us_average_sales_per_unit_thousands&dir=asc http://www.Franchise.city
Views: 31080 Franchise City
Tips on how to investigate, purchase, and operate a franchise business.
 
02:49
Book a free, no obligation 15-minute phone call with Tom: https://info.tomscarda.com/meetings/tomscarda/quickcall This YouTube Channel helps people understand the franchise industry and aids them figure out if being a franchise owner is right for them or not. The videos are loaded with strategies that PROS use to pick top performing franchises that are low investment, high returns and start up quickly. People who watch these videos are people who are: 1 Looking for a solid business investment to build while keeping their job 2 Tired of not being able to obtain the financial and lifestyle goals they desire 3 Frustrated and cringe at the thought of going to work in the morning 4 Recently laid off or know there is no loyalty and job security is an illusion If any of this rings true for you, view these videos so you can decide if Franchise business ownership is for you.
Views: 37657 Tom Scarda
How To Buy A Business:  Buying An Existing Franchise
 
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When buying a business, buying a franchise can be a great move. Many people do not think about buying an existing franchise instead of starting one from scratch. Find out more about it in this video.
Views: 3436 Ace Chapman
Tips on how to buy a Subway Franchise: 4 Things you Need to Know
 
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http://www.tomscarda.com This YouTube Channel helps people understand the franchise industry and aids them figure out if being a franchise owner is right for them or not. The videos are loaded with strategies that PROS use to pick top performing franchises that are low investment, high returns and start up quickly. People who watch these videos are people who are: 1 Looking for a solid business investment to build while keeping their job 2 Tired of not being able to obtain the financial and lifestyle goals they desire 3 Frustrated and cringe at the thought of going to work in the morning 4 Recently laid off or know there is no loyalty and job security is an illusion If any of this rings true for you, view these videos so you can decide if Franchise business ownership is for you.
Views: 95652 Tom Scarda
Should I buy a franchise? How to buy a business.
 
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When it comes to buying a business, is a franchise right for you? Buying a franchise comes with its own set of pros and cons. With a franchise, you get a proven business model, systems, training, and a recognizable brand name. However, you also have the ongoing expense of a franchise royalty fee. In many cases, the franchise royalty fee is equivalent to the salary of a store manager. In other words, it can be more difficult for franchise owners to become absentee business owners because the money is used to pay the franchise royalty fee as opposed to the owner of a non-franchise business who can use the money to hire a general manager, allowing the business owner to have more free time and be more hands-off with the business. Unless you own multiple franchises, you may need to be an owner operator at your business day in and day out if you choose the franchise route. Watch Aaron Muller at Advantage Commercial Brokers explain the pros and cons of buying a franchise. If you are interested in franchise opportunities, contact Advantage Commercial Brokers at the link below. https://youtu.be/HhU2mbhuUvM To learn more about buying or selling a business, visit http://www.acbrokersinc.com
Top 4 Reasons to NOT Buy a 7-Eleven Franchise
 
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One of the brands we are frequently asked about is the 7-Eleven Franchise. 7-Eleven stores can be found on almost every street corner and they are one of the most visible franchise brands. Many people think that means it must be very successful, and that 7-Eleven stores will make you rich. But what does 7-Eleven's corporate success mean to you as an individual franchise owner? If your dream is to buy a 7-Eleven and you really want to invest intelligently knowing both sides of the story let's look at 4 reasons you might not want to invest in a 7-Eleven franchise. 1. 50% or more of Profits to 7-11. 7-Eleven is an "Operator Model", or what we like to call "buying a job". So 7-Eleven buys the store, land, building and equipment and then leases it back to you - the franchisee. Despite the relatively large investment you will make, typically $150,000 or more 7-Eleven corporate will take close to or in same cases over 50% of your revenue. Franchise owners often find they have to work in the store themselves in order to make any money at all. Its interesting how 7-11 describes this arrangement on their website " A gross profit split means we are invested" and you can see in the image here. 7-Eleven in my opinion is misleading buyers by not disclosing they take at least 50% of your gross revenue upfront. And if you think 50% is bad wait until your store starts earning more money. Unlike many other franchises that reward you for doing well with a declining royalty - 7-Elevens fees go up the more money you make. so 52% 55% 56% and on and on. How much does a 7-Eleven store owner make? Well a lot dependson what you are selling as some items have much higher margins but a very approximate estimate is 5% of store sales so a store doing $1,000,000 in sales would generate about $50,000 for the owner. There are more accurate ways to forecast 7-Eleven franchise earnings but that will give you a ballpark. Now you know why you often see owners working in the stores. Cont.d: http://www.franchise.city/7-eleven-franchise/ http://www.unhappyfranchisee.com/7-eleven-on-unhappyfranchisee-com/ http://www.unhappyfranchisee.com/7-eleven-franchise-complaints/ https://conveniencestorenews.wordpress.com/2008/09/16/7-eleven-income-potential/
Views: 93528 Franchise City
Top 5 Reasons to Buy a Franchise for your First Business
 
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Making the leap from employee to business owner is a challenging one to say the least. To help ease that transition, I highly recommend looking at purchasing a franchise as your first business. Here I give my top 5 reasons to purchase a franchise as your first business. https://facebook.com/chrisneuman/ https://instagram.com/chrisneuman https://twitter.com/chrisneuman https://chrisneuman.com
Views: 148 Chris Neuman
Cheap Franchise Opportunities -  How To Buy A Franchise
 
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Cheap Franchise Opportunities - http://www.ABigBreakthrough.com Cheap Franchise Opportunities pop up every day and you have the capability to take advantage of booming businesses and brand names. But which do you pick? First of all you have to think about start up costs to get the business going. Also you've got to consider the time it will take to get your profits back. Many businesses you're looking at least $100k to get started and that is the bare minimum. https://youtu.be/IdsPvvN-OsA Any profitable proven business model is going to be about four to five times the cost of that if you're looking at something like a mcdonalds or a subway your looking at least half a million to a million dollars to get started. Not to mention other costs associated with that! 7 eleven franchise affordable franchises automotive franchise bakery franchise best franchises to open best franchises to open 2017 biggest franchises burger king franchise buying a franchise business buying into a franchise car wash franchise cheap franchise opportunities child care franchise chipotle franchise cleaning franchises clothing franchise coffee franchise opportunities dollar store franchise donut franchise dunkin donuts franchise For year I tried to figure out how to make money online. I loved the thought of automation and being able to leverage systems. I began promoting digital style products which had 0 overhead and I was getting paid between 50 to 70 percent commissions! I dabbled as the years went on with internet marketing, affiliate marketing, real estate and network marketing. About 4 years ago I made a decision to take this business seriously and really get down to the nuts and bolts of internet marketing. In relation to franchise opportunities and the evolution of technology I was able to plug into a digital franchise system that completely changed the game. Very little start up investment costs extremely low overhead work from anywhere in the world whenever you want work from home* enjoy more family time more freedom Watch and pay attention to the video above about cheap franchise opportunities and learn how to buy a franchise that's proven to work. Click the link at the top of this article to the best cheap franchise opportunity from my first hand experience. "7 eleven franchise" "affordable franchises" "automotive franchise" "bakery franchise" "best franchises to open" "best franchises to open 2017" "biggest franchises" "burger king franchise" "buying a franchise business" "buying into a franchise" "car wash franchise" "cheap franchise opportunities" "child care franchise" "chipotle franchise" "cleaning franchises" "clothing franchise" "coffee franchise opportunities" "dollar store franchise" "donut franchise" "dunkin donuts franchise" Resources: https://youtu.be/IdsPvvN-OsA This channel: https://www.youtube.com/channel/UCo0ocBNlhcZIBhnHzPubvBQ http://www.entrepreneur.com/franchise500/index.html
Views: 329 Chris's IM Reviews
Should You Buy a Franchise Business An Interview with David Barnett | FTMDaily
 
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DOWNLOAD PODCAST/SHOW NOTES: http://ftmdaily.com/ftm-radio-show/-is-a-racket/ ++++++++++++ David Barnett is an investor and author of a new book, Franchise Warnings. In this interview, Barnett shares some of his experiences after spending several years as a business broker and having sold many franchises. Barnett has given advice to franchisors, helped existing franchisees sell their business and helped people buy new franchise locations. In this interview, you will learn: – What’s the real difference between a franchise and an average start-up small business? – Do franchises really provide better odds of success for the average entrepreneur? – How do you go about buying a franchise? – How easy is it to sell a franchise? Barnett explodes the myth that buying a franchise is an easy way to business success and explains that when you purchase a franchise you don’t really “own” the business, instead you are “renting” the business. As a franchise buyer, you are a tenant and the franchisor is the landlord. Barnett’s new book, Franchise Warnings, is filled with information that you need to know before you invest your money into a franchise business. LISTEN TO FULL PODCAST EPISODE ONLINE... http://ftmdaily.com/ftm-radio-show/-is-a-racket/ This is an excerpt from the Follow the Money Weekly podcast hosted each week by economist and author, Jerry Robinson. FTMDAILY.COM Website ► http://FTMDaily.com Like us on Facebook ►http://facebook.com/ftmdaily Follow us on Twitter ►http://twitter.com/ftmdaily Google Plus ►https://plus.google.com/+FTMDaily/ This video was posted with permission from http://FTMDaily.com ------------------------------------------------------------------------------------------------------------ FINANCE AND LIBERTY: SUBSCRIBE (It's FREE!) for more ►http://bit.ly/Subscription-Link Website ►http://FinanceAndLiberty.com Like us on Facebook ►http://fb.com/FinanceAndLiberty Follow us on Twitter ►http://twitter.com/Finance_Liberty Google Plus ►http://Gplus.to/FinanceLiberty
Tips on how to investigate, purchase, and operate a franchise business.
 
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http://www.thefranchiseacademy.com Book a time with Tom now: https://app.hubspot.com/meetings/tomscarda/quickcall This YouTube Channel helps people understand the franchise industry and aids them figure out if being a franchise owner is right for them or not. The videos are loaded with strategies that PROS use to pick top performing franchises that are low investment, high returns and start up quickly. People who watch these videos are people who are: 1 Looking for a solid business investment to build while keeping their job 2 Tired of not being able to obtain the financial and lifestyle goals they desire 3 Frustrated and cringe at the thought of going to work in the morning 4 Recently laid off or know there is no loyalty and job security is an illusion If any of this rings true for you, view these videos so you can decide if Franchise business ownership is for you.
Views: 663 Tom Scarda
Business & Office Tips : How to Buy a Franchise Business
 
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Buying a franchise is a complicated process that takes a lot of research. Start off the process of buying a franchise business through a business broker with help from a business professor in this free video on buying a business. Expert: John Niemira Bio: John Niemira is a business professional who has been in the business industry for many years. Filmmaker: Michael Burton
Views: 1636 eHow
Top 4 Reasons to NOT Buy a Burger King Franchise
 
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Some people prefer the Mac, some the Whopper but what about from an investment perspective? Is Burger King a good franchise investment? We'll look at that today on Franchise City. Taken from their 2018 franchise disclosure documents it will cost between $323,100 and $3.102,600 to open a Burger King location of your own. Keep in mind however that lower number is nowhere near actual average costs so you should be prepared to invest well over a million for a traditional location. The company that would become Burger King started back in 1953 in Jacksonville FL and was initially started as Insta-Burger King. It's interesting back then the quick serve restaurant model was considered unique and ads like this one pointed out the benefits of no tipping! Today we just take that for granted. Back then a burger would set you back 18 cents add some cheese for a nickel.Still think inflation is not a problem? #2 Remodel costs. Burger King mandates that stores must be remodeled regularly to meet existing branding initiatives. And frankly updated stores have proven to be more profitable. They are cleaner and people prefer to sit in a nice place. Especially when rats haven't gnawed on the buns. But who do you think pays for the remodel? That would be you - the franchisee. Burger King remodel costs are higher than many other brands, they'll cost between $300,000 to $600,000 each store, we've typically seen about $500,000 as the norm. You have to sell an awful lot of 89 cent pancakes to cover that. Number 3 is profits. When you consider you just dropped about 1.5 million Burger King is not very lucrative comparatively. The average sales for a Burger King restaurant are only 1.3 million when we look here at the QSR50. That number is almost 1.3 million dollars a year lower than McDonald's. If you watched our McDonald's video you'll see that their owners net profit is seemingly not that impressive . There are new emerging food franchises that offer AUV's of over a million dollars with a quarter of the investment and 20% margins - call Franchise City for details. Everyone thinks they are making a great franchise decision, most are not. We help buyers make informed decisions you can learn more about us here. don't forget to like and subscribe and hit the bell for updates. Thanks for watching. https://www.bk.com/ https://en.wikipedia.org/wiki/Burger_King http://www.franchise.city
Views: 6754 Franchise City
Start Your Own Business-Buying a Franchise
 
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This show is the second in a series of four about starting your own business. In this Show Chris looks at some of the simple checks you should make if you are looking at buying a franchise.
Views: 6003 The Profit Wizard
Should I Buy a Franchise, Start a Business or Buy an Existing Business? with Perry Maisonneuve
 
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Good afternoon. We're here at the Business, Franchise and Investment Expo. I'm here with Perry Maisonneuve. Thanks Perry. Perry's with Northern Lights Franchising and my question, Perry, is what are some of the most more favoured or preferred ways of getting into business? Great question. One of the issues... there are really three different ways of getting into a business. One, of course, is franchising, the second is to start up your own business and the third is to buy an existing business. And there's advantages and disadvantages to each one. Of course, starting up a business from scratch is great. You certainly have control in terms of building the business and adapting to what the consumer's looking for. And it's your boat, your paddle. You can do what you like. Of course, there's also the risk of failure, too. And some of the statistics about people who have started their own business and then the failure rates are pretty intimidating but that's certainly one way to go. If you've got a great idea, if you see a market opportunity it's certainly something to consider. Another advantage, of course, in Canada, with the number of first generation Canadians that have immigrated here is that they know of a business concept that's very successful back home that doesn't exist in Canada. So, there's a great opportunity to take that idea and start it up here and then see what the market's like. So, starting a business of your own is certainly a great way to start if you're well capitalized and you've got the confidence that you can do it, you know, with the probability of success. The second, which I also find is a preferred route into entrepreneurship or business ownership, is to buy an existing business. Again this is something that's favoured by not only those that have left the corporate world but also from first-generation Canadians who like the comfort of flipping through the deposit books making sure that it's not just an idea. That it's actually a business that makes money. So, it's established. There's an established brand. Whether it's franchised or an independent. Regardless, you can actually prove that, yes, you know, the dog hunts, as the saying goes. The issue with that, of course, is that you're paying for somebody's good will. If it's a profitable business, you're gonna pay above and beyond the cost of the bricks and mortar, the tables and chairs and you're gonna pay a certain amount for the good will of the business. If you're prepared to do that, and many are, because you're mitigating risk. You're buying something that's proven, relatively speaking, so they're prepared to do that. So that's certainly a good area. And then, of course, the third being a franchise, is a happy medium between the two. You're starting up a business. Often a brand new business in terms of a franchise location. But you have the ability to get to know the franchisor and his track record as well as colleague franchisees. Other people that have already done it to prove that, although you're starting a business yourself from scratch, the actual business model, whether it's a restaurant or health care, or education or whatever, there are others that have done it successfully. So that mitigates the risk. That gives you some comfort that it's a well beaten path. So franchising is often a nice middle-ground between starting your own business and trying to find an existing business. Perfect. Makes a lot of sense. Thanks, Mike. Thank you. Like Us on Facebook at www.facebook.com/TheBusinessExchange Follow Us on Twitter at https://twitter.com/businessexchang Register for your FREE tickets at www.FranchiseShow.biz Search franchise and business opportunities at www.BusinessExchange.ca For Exhibiting Information Call 1-877-337-1188
Views: 312 Business Exchange
Business Coaching for Franchise Owner and Real Estate Investors with Grant Cardone
 
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Our offerings under Rule 506(c) are for accredited investors only. GENERALLY, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. Subscribe and comment to qualify for a FREE Real Estate Investing Coaching session with Grant Cardone. Millionaire Coaching with Grant Cardone What is Business Coaching - Watch this - Grant Cardone Smoothie King Franchise Owner Gets Coached to Invest in Real Estate - Cardone Coaching....here's how to 10X things, know that a million dollars is middle class and that is not enough. A million dollars is a lazy dream. This man has 1.3 million but doesn't feel rich. How do you expand a business? Where do you invest your earnings? Listen in as I talk to this Smoothie King owner. ---- ►Where to follow and listen to Uncle G: Instagram: https://www.instagram.com/grantcardone Facebook: https://www.facebook.com/grantcardonefan SnapChat: https://www.snapchat.com/add/grantcardone. Twitter: https://twitter.com/GrantCardone Website: http://www.grantcardonetv.com Products: http://www.grantcardone.com LinkedIn: https://www.linkedin.com/in/grantcardone/ iTunes: https://itunes.apple.com/us/podcast/cardone-zone/id825614458 ---- Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and… ► Subscribe to My Channel: https://www.youtube.com/user/GrantCardone?sub_confirmation=1 -- Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters. Our offerings under Rule 506(c) are for accredited investors only. FOR OUR CURRENT REGULATION A OFFERING, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. For our anticipated Regulation A offering, until such time that the Offering Statement is qualified by the SEC, no money or consideration is being solicited, and if sent in response prior to qualification, such money will not be accepted. No offer to buy the securities can by accepted and no part of the purchase price can be received until the offering statement is qualified. Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person's indication of interest involves no obligation or commitment of any kind. Our Offering Circular, which is part of the Offering Statement, may be found at www.cardonecapital.com #business #realestate #investing #GrantCardone #10XRule #SalesTraining #SalesMotivation
Views: 17851 Grant Cardone
5 Reasons to NOT Invest in the Amazon Delivery Business
 
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Amazon is offering a new franchise opportunity. For as little as $10,000 aspiring entrepreneurs can start their own delivery business for Amazon packages. The Amazon DSP, or Delivery Service Partner business looks great at first glance, but is it really as good as most people think? We'll look at that today on Franchise City. You have a very low investment starting at $10,000. You don't need any experience and Amazon, a company we all know and trust and one of the biggest in the world will help you get started. Amazon's own estimates suggest you'll be running a business with between 20 to 40 trucks, up to 100 employees, grossing between 1 million to 4.5 million and profiting up to $300,000 a year. They'll help you set up your business, help you build your team, you'll get big discounts on the vans and all the tech you need to get started, they'll give you 3 weeks of training and ongoing support leveraging their 20 years of technology and logistics experience. But what are the negatives? Well - let's start with the curious fact Amazon is specifically looking for people with no experience. Why is that? If you had a choice of hiring someone who had a ton of experience or someone who had no idea what the heck they are doing - who would you hire? I know who I would hire. So why is Amazon, this massive company focusing on people with no experience? Well one possible reason, purely speculation and only Amazon knows why, but its possible because people in the industry, who have experience, don't want to do it. People that understand what is actually involved, the margins, the risks, the expenses, and we'll cover those shortly, are just saying no. According to Peter Schlactus, he is the co-founder of the "Association for Delivery Drivers" and was recently interviewed by CBS news - that is very likely the case. Here is what he said: "The costs of working with Amazon are so substantial that independent delivery companies are increasingly turning away Amazon's business, The reason: Amazon requires that delivery companies hire their drivers as employees, rather than work with independent contractors. "The challenges of doing delivery work for Amazon have taken many dozens of delivery owners by surprise," Schlactus says. "My read is that Amazon is doing this to address a dwindling supply of independent delivery companies who are willing and able to work with them." And that big $300,000 a year in profit. Keep in mind that is the absolute best case scenario provided by Amazon themselves. This is the top end of what you can earn, and likely that number will be less. Amazon states you'll be operating 20-40 trucks so obviously you'll need those 40 trucks in this example to make the highest amount. So let's Divide $300,000 a year by 40 trucks - that is $7,500 profit per truck per YEAR. $7500 per route per year. Anyone in the logistics industry knows that it doesnt take many unexpected expenses to quickly take this route from positive revenue to losing money. When you look at the numbers from that perspective you realize how slim these margins really are. You have this big truck, very expensive to operate, you have fuel prices all over the map, employee minimum wages changing, lot's of variables and a razor thin profit potential of $7500 a year. That works out to about 28 dollars per working day in profit per truck. Any fluctuation in expenses could impact you in a big way. So reason Number two - very tight margins. (complete article at http://www.franchise.city) So is the Amazon franchise a good opportunity? That is up to you to decide. We like to give aspiring entrepreneurs both sides of the story so they can make an educated decision. don't forget to like and subscribe and hit that bell for updates. . https://logistics.amazon.com/ https://www.cbsnews.com/news/pros-and-cons-of-amazon-delivery-business-offer/ https://www.businessinsider.com/amazon-delivery-drivers-reveal-claims-of-disturbing-work-conditions-2018-8 https://www.businessinsider.com/amazon-controls-delivery-drivers-without-paying-wages-2018-9 http://www.scdigest.com/ontarget/18-07-16-1.php?cid=14451
Views: 51688 Franchise City
Purchase a Franchise or Start an On-line Business?
 
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My intent is to provide guidance and hope for those seeking change! For more information visit me at wade-bergner.com
Views: 15 Wade Bergner
Video Eight: How to Finance Your Purchase of a Franchise Business
 
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If you are considering starting a business, buying a business or purchasing a franchise, consider your options and take a good look at a franchise business. FranNet is the top franchise consulting firm in the US and Canada and with our free services we can help you safely select, evaluate, finance and succeed in a franchise business in Central Oregon, Idaho and Washington. Getting financing may be easier than you think. Find out if franchising might be a wise career option for you. Contact us at: Michael Sipe Northwest Franchise Network 541.610.5799 www.FranNet.com/MSipe
Views: 114 Michael Sipe
How to buy a pizza franchise with Little Caesars Pizza
 
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Get the story and facts about owning your own franchise business with Little Caesars, a leader in quick service fast food pizza franchises category.
Views: 30834 Franchise.com
Don't Buy a Franchise Business | Franchise for Sale
 
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http://affiliatewealthclub.com- Don't buy a franchise business, don't buy a franchise for sale. Check Affiliate Wealth Club instead. Go to http://affiliatewealthclub.com and learn how we make $6K/day
Views: 186 recessionkicker
How To Buy A Franchise With Little Investment (Low Cost Franchise Opportunities)
 
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Franchise Opportunities – http://franchiseequitypartners.com/ Franchise opportunities show up every day and you’re interested in buying into a franchise, or maybe transitioning out of your current job into franchise opportunities. You have the capability to take advantage of booming businesses and brand names. But which do you pick? First you have to think about start up costs to get the business going. Also you've got to consider the time it will take to get your profits back. Many businesses you're looking at least $100k to get started and that is the bare minimum. Any profitable proven business model is going to be about four to five times the cost of that. When you’re looking at a big name like a McDonalds or Subway it will take at least half a million to a million dollars to get started. And there are other hidden costs to getting into these opportunities. Join Corbin Cowan of Franchise Equity Partners, watch and pay attention to the video above about franchise opportunities and learn how to buy a franchise in a way that is proven to work. Click the link above and discover the best franchise opportunity for you…from my first hand experience. Franchise Equity Partners - We can help you with this.
Should I buy a FRANCHISE, is franchising for me? How to start and promote a small business!
 
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http://www.kaboompages.com Should I buy a FRANCHISE, is franchising for me? How to start and promote a business what is franchising franchisee franchises franchisor business for sale in top franchise buy that franchise international franchise business franchise franchise purchasing a franchise franchise agreement buy a franchise online franchise business buy francise franchise opportunity restaurant franchise franchises for sale fitness franchise fast food franchises buying a company franchising business franchise buying small franchise what is franchise cleaning franchise small business for sale franchise restaurant small business opportunities franchise directory small business opportunity best franchise buying a franchise mcdonald franchise opportunity franchise franchising opportunities franchises sale buy franchise best franchises cafe franchise a franchise buying a business franchise how to franchise for sale franchise buy business ideas businesses for sale business for sale sale of a business franchising businesses sale franchise opportunities opportunities franchise franchise in franchise a franchise business franchise a business small business ideas restaurant for sale franchise cost the franchise franchise india business for sell franchise sale sale franchise franchise in sale for sale franchise franchises for sales sale franchises how to franchise franchise store subway franchise mcdonalds franchise small businesses for sale pizza franchise food franchise franchise food top franchises franchise uk coffee franchise franchise to buy restaurant franchises franchise information new franchise home franchise franchises for sale in subway for sale franchise shop franchisees franchise expo buying franchise business franchising franchising a business it franchise franchise info food franchises franchise company what is a franchise business for sale by owner
Views: 829 kaboom pages
Should You Buy a Franchise?
 
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One of the most popular ways for people to start a business is to consider buying a franchise. But what are the things that people need to consider? Because it’s not just a snap. The advantage of it is that while it’s not turnkey, you do get a proven business model. You’re given training, typically. You get the marketing materials. Rather than having to start a business totally from scratch, you’re given a pretty good base to work from, which means that you can usually hit the ground running and get things open a lot sooner.
Views: 527 Bottom Line Inc