Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 19

CHOOSING THE RIGHT

OPPORTUNITY FOR
YOU

BY: DAUZ, GEORGIA DENISE V.


DAUS, JOEL CATHLENE T.
SIO, MINERVA A.
CASTRO, JOHN PATRICK L.
MAKING LIST
•Make a short list.
•Now begin to zero in on a single
franchise sector.
•Take a good hard look at
franchise fees.
•Finally, meet the franchisor.
What is FDD?
(FRANCHISE DISCLOSURE
DOCUMENT)
 a legal document must be provided by the
franchisor to the prospective franchisee at
least 14 calendar days before any agreement
of sale is signed and finalized.
You should have a franchise attorney review
the FDD with you.
 MATCHING YOUR SKILLS,
EXPERIENCE AND INVESTMENT
 I. Skills and experience
•How do you know which franchise is right for
you?
•What do you love?
•What are you willing to risk, and possibly lose?
•What are you willing to sacrifice to make your
new venture succeed?
 Once you choose a franchise, be prepared
to make an all-out commitment it its success,
including long hours and sleepless nights.
That’s where passion comes in.
Your skills and experience are a key factor
in determining the best brand for you.
There is no right answer to these questions.
There are only your answers.
 II. Level of investment

• How much money can I make?

Generally (but not always), the more


expensive the franchise, the higher the return on
investment. As the saying goes, IT COSTS
MONEY TO GET MONEY.
FRANCHISE TRADE SHOWS

IFA ANNUAL CONVENTION - Generally offer sessions such


as The franchise A to Z’s of buying Franchise; how to franchise
your business financing your franchise, opportunities in
franchising for minorities and women.; and franchising for
veterans 101

 INTERNATIONAL FRANCHISE EXPO:


 WEST COST FRANCHISE EXPO
 FRANCHISE EXPO SOUTH
 FRANCHISE AND FINANCING EXPO
 FRANCHISE OPPORTUNITIES SEMINARS FOR
WOMEN AND MINORITIES
 HOW TO GET THE MOST
FROM THE SHOWS
 BEFORE YOU ATTEND – Get a list of
franchise companies exhibiting
AT THE SHOW – Take notes; lots happens at the
show, and you can review your notes
AFTER THE SHOW – Review the materials you
collected, compare your experience to your
expectations.
 CHOOSING A SERVICE
FRANCHISE
 ADVANTAGES:

High income
Selection of opportunities

 DISADVANTAGES:

Limit your degree of profitability


Limit the numbers of employee
CHOOSING A RETAIL FRANCHISING

 EXAMPLES:

Dry cleaning
Appliances Store
McDonald’s
Jollibee
Taco bell
About Retail Franchise
 ADVANTAGES:

 High income for many people


 unlimited Demand of people

 DISADVANTAGES:

Thousand of opportunities
Lot of competitors
 Analyzing retail franchise
THINGS TO CONSIDER:

Examine your skills


Examine your interest
Examine your financial situation.

 QUESTIONS TO CONSIDER:

do you like to engage with people?


Are you averse to retail hours ( night and weekends )
Do you have a capital that required to get started
 KEY TO SUCCESS

LOCATIONS
LOCATIONS
CHOOSING HOME BASE FRANCHISE

Selfemployment business
 Provide hands on care in your
customers
ADVANTAGES AND DISADVANTAGES

ADVANTAGES:

Relief from the daily commute


A chance to follow their passion
No office rent
Your hours are your own
DIS ADVANTAGES:

 Lots of distractions
 Temptations ( sleeping or doing other
things)
You cant focus on your work
SECTORS IN HOME BASE:
 BUSINESS SERVICES
- Janitorial Services
HOME IMPROVEMENT AND MAINTENANCE
- plumbing , Home renovation, furniture repair
SENIOR CARE
- At home senior care, cooking
COMPUTER TECHNOLOGY
- Computer classes for children, appliance repair
 PETS
- Pet walking, pet clean up, pet care
SPECIALIZED SERVICES
- photography, real estate, drug testing
Franchising Trends

•Shifting
demographics
•Growth segment
4 Types of Shifting
Demographics
•Millennial
•Baby boomers
•Senior
•Minorities

You might also like