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Fewer Pitfalls with Business Franchises by Suzanne Martin





Article Author Biography
Fewer Pitfalls with Business Franchises by
Article Posted: 09/16/2012
Article Views: 32
Articles Written: 144
Word Count: 462
Article Votes: 0
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Fewer Pitfalls with Business Franchises


 
Business
Building a business from scratch or developing a hobby or any home based endeavor into a consistent and acceptable source of income is a huge challenge for most budding entrepreneurs. This challenge is made even harder by the broad assortment of opportunities and franchises for sale available.

Most people rely on the internet for additional knowledge, and do internet searches for franchise opportunities. They will most likely find a number of available franchises for sale that will catch their attention. To find a suitable business, they should be able to complement the business with their skill set. They should also be able to determine which ones they should stay away from because of the possibility of fraud or unethical business practices in the retailing business.

Franchises appeal to most new investors since the business is well-known and recognized. It minimizes the need for entrepreneurs to research and learn. In addition to that, the resources provided by the franchisor of the franchises for sale along with the retailing business allow the business to be started faster.

Preliminary searches on the World Wide Web will allow entrepreneurs to come across many franchise opportunities. This could be a tremendous number contingent on the country for which the investor is focusing their efforts on. A United Stated media group created the Annual Franchise Development. According to their report, the internet is the primary sales producer of the retailing business and that a great deal of advertising fees are used to market using social networking sites.

The franchise retailing business model is already a well-recognized tactic in the North America. It has displayed a steady growth in the United Kingdom, Ireland, and Australian markets. It also now known in other European and South American countries, and they all have different forms and intensities of legislation and administrative controls that will protect the investors of franchises for sale from a range of plausible risks that are normally encountered in other business models, with the inclusion of commercial fraud.

Knowing what investors are prepared to lose will afford potential franchise owners with a short list of possible franchise opportunities. This well meant guidance is due to the hard fact that almost 90% of all new retailing business ventures in the United States fail in a span of 3 to 5 years.

Franchise Harbor was founded with a goal to aid companies in expansion of their franchise opportunities and to make their system profitability better. They also aim to develop the quality of new investors being introduced to the system.

Mike Moore is published on more than 300 websites. He writes success and business articles that cover topics from home based business, business start up, and franchise success . He is published on various website including http://www.franchiseharbor.com

Related Articles - franchises for sale, franchise opportunities, retailing business,

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