Why Buy a Franchise?

In a sense, franchising is a business model whose primary purpose is risk minimization. Every study ever done on the success rate of new(non-franchise) business startups concludes the same thing. Starting up a new business is very risky. Most studies show that over 90% fail within three years. The primary reason that the failure rate is so high is because the owners have to go through the learning curve of operating that specific type business.

Unfortunately, the market place is not very tolerant of the inexperienced neophyte trying to learn how to operate a new business. If you can't compete in the market place, you get eaten by the sharks very quickly, you go bust, you lose money, your credit, your home, your reputation and sometimes even your family. Failing in business can be a horrible experience. Unfortunately this happens to thousands of poor souls every year in the U.S., and it is so unnecessary.

Unless you have considerable experience in the specific type business that you are considering going into, it is very probable that you will fail. Business format franchising is as close as you are going to come in today's market place to a guarantee of success. All the studies done have found that franchise new business startups rarely fail and when they do it is typically because the franchisee did not stick to the franchisers systems.

In all human endeavor there is involved a learning process . This learning process requires going through a series of trial and error encounters wherein knowledge is gained by trying and failing, trying and failing again and again and eventually trying and succeeding. This process is generally called the learning curve. In the context of franchising, the franchiser has already gone through the learning curve and has learned the secrets of success for the specific business. In business format franchising all that has been learned by going through the curve is transferred to the franchisee. This is fundamentally why you buy a franchise, to minimize risk and give yourself the best possible chance to succeed. Another reason why it is prudent to buy a franchise is that a franchise investment can be thoroughly researched before any significant expenditures are made.

With a new business startup(non-franchise) you are always operating in the dark. No matter how much research you do it is very difficult to get a handle on so many aspects of the new business. With a franchise the franchisor is a wealth of information about the business from how to prepare a pro forma to the best personality traits for the business. But the most important information comes from the existing franchisees. With a good systematic approach you can get answers to nearly all the really key questions. Such as:  Do you feel that you were properly trained?  How long did it take before you reached break even?  What is your annual return on investment?  How do you feel about the day-to-day duties of the business? and If you had it to do over, would you do it again? You can in a very real sense try the business on before you buy to make sure it is a good fit for you.

Another very important reason to buy a franchise is intertwined into it's basic nature. Franchising inherently leads to rapid growth, because the franchisees provide the expansion capital. There are few restraints to growth in franchising. As a franchise system expands into hundreds of units many positive things begin to happen. The name begins to become well known because people see it everywhere. Most people associate size with success. The bigger the franchise the better it must be. The large number of units enables the franchise to advertise heavily, which tends to increase sales. A synergy begins to be created in which success begets success.

The franchise begins to squeeze out competition through it's sheer size. The franchise can buy products in large quantity at significant discount.

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The Franchise MillionaireJerry Clum, Jr. is a self made multi-millionaire in franchising.  He has helped hundreds of people just like yourself in realizing their dreams of operating their own franchised business.  Not only is he a multi-unit franchisee owner  and has a portfolio of 14 very successful franchises, he also founded one of the fastest growing and most successful franchise systems in the world which has over 600 locations world-wide and system revenues of nearly $250 million dollars annually.  He sold this company five years a ago for $52 million.

He is the author of "Zero to $100 Million in Five Years", has a B.S. in Marketing and an MBA.  He has served on the Franchisor Forum Board with the International Franchise Association.  In 2004, he was named the "Entrepreneur of the Year" by Ernst and Young.

The Franchise Millionaire has a portfolio of over 300 of the top franchise opportunities that has asked for the expertise of The Franchise Millionaire to locate and identify the best candidates for their system.  After we interview you to verify your qualifications, desires, experience, skill sets and financial goals, Mr. Clum will systematically match you to the top 2-3 franchises that he feels best suits your requirements.  Our service is FREE to you. There is no cost for these services.  Franchise companies so highly desire the candidates that The Franchise Millionaire and Mr. Clum bring to them, that they pay for their services, not you.  You pay absolutely no more than any other franchisee who joins their system.  

What do The Franchise Millionaire Clients say about Jerry Clum?

"My first franchising experience with Jerry was approximately ten years ago when he helped me become a franchisee for the first time.  My initial investment was reasonable and that first franchise was an astounding success.  I recently sold my franchise for $2.5 million, so of course when I was ready for my next venture I turned to Jerry once again.  I just recently signed a Master Franchise Agreement with one of the fastest growing franchised companies in the U.S.  Jerry was instrumental in making this happen.  I started with one franchise and he has helped me turn it into an empire.  I hope he is still doing this for many years to come because I will surely turn to him again and again."
Troy M. Tucson, AZ

“I had come to an impasse with my franchise of choice and didn’t know where to go next.  I came across an ad offering to help me cut through the noise and find a high value franchise -  and was very impressed – that is exactly what Jerry did for me.  In short order, he had determined my objectives and priorities and had provided me with a few good options.  He has coached me along the way and quickly solidified my relationship with the Franchise.  We are now ready to open our first store and I am thankful for the help in directing us to a business model that meets our needs so well.” 
Steve G. Andover, MN

"Working with Jerry saved me hundreds of hours. His access to the best franchise opportunities is worth gold.  He generously shared his expert knowledge, which is priceless.  When Jerry introduced me to franchisors, I benefited greatly from his reputation.  Thanks to Jerry’s contacts, expertise, patient coaching, and reputation, I own a great franchise business."
Daniel G. Fairfax, VA

What do the EXPERTS say about Jerry Clum?

 


"... save yourself countless hours and many years of hard work in achieving financial independence.  Jerry Clum really knows what he is talking about."

Brian Tracy - Well known Speaker, Author and Consultant



"Finding a niche and filling it is one of the most important aspects of making a franchise system work.  Jerry Clum...has taken his own advice, creating an innovative franchise system that offers a valuable service to mankind."
Matthew Shay - President, International Franchise Association



"Jerry Clum IS the American Dream.  His incredible story is made all the more startling because at a time when Wall Street is turning its back on the very principles that got them here, Jerry Clum proves that the classic American business model is still the path for attaining wealth, power and status that most people can only dream about."
Peter Ramsaroop - Best Selling Author, "Business Intelligence.."
 

Jerry Clum, known as The Franchise Millionaire, will provide you with his personal franchising coaching expertise and that of his professional staff at absolutely no cost to you.  However, we only work with no more than five candidates per week so we are very selective who we work with.

Stop wading through more than 3,000 franchise opportunities out there and allow the experts of The Franchise Millionaire to be your coach and guide through the process, giving you the edge for a faster ramp-up time and higher probability of success. See if you qualify for the help and expertise of The Franchise Millionaire.  Click on the link below: 


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