Turning A Small Business Franchise Into Big Business
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Free Download - Great Small Business Opportunities For Retirees By Candice Clem |
Often, people looking at purchasing a franchise have their sights and hopes set on wealth and prestige, attaining success with a large business dominant in its market. Of course, that can seem pretty well impossible when what you’re starting with is considered a small business. After all, a small business and a big business are by definition two very different things. Still, the ambitious, upwardly mobile entrepreneur needn’t fear that beginning with a franchise business considered "small" means that it has to remain that way, because there are ways to turn something small into something big, in fact, there are two primary ways of accomplishing that in the small business world.
1. Start Big
Yes, it seems somewhat like a contradiction in terms to say that a small business can start big, but surprisingly, it’s true, and depending on your financial status and business history, it may be the most sensible route to take. Many longtime businessmen agree that if you have the desire and ability to go big at the outset, it will financially profit you in the long run. There are at least two examples of franchises with which this is an option.
Mars Venus Coaching is the first. There are two offers on the table for anyone who wants to initiate a franchise with this organization: starting a single franchise unit or a master franchise. There aren’t many businesses that offer the latter, but Mars Venus Coaching does, which makes jumping right into large-scale business possible. As the master franchisee, the business owner is responsible for selling and overseeing single-unit franchises in his territory, ensuring that new Mars Venus Coaching coaches are consistently being added to his area and are successfully finding clients for their business and life coaching services.
Another opportunity to jump right to the top of the food chain and establish yourself as a business power, WSI Internet doesn’t offer master franchises like Mars Venus Coaching does, but it does offer an abundance of possible business sizes, ranging from simple, one-man work from home to office-based, multi-employee scenarios. Possibly the best internet marketing franchise out there, WSI Internet is designed to allow the up-and-coming franchisee with an itch to succeed to save time by starting big.
2. Start Small and Grow
Though many do recommend starting out with a large business if that’s where you eventually want to get to, not everyone has the financial or temporal resources to dive headlong into the huge business of their dreams. And really, taking that leap into a big operation isn’t for everyone anyway, because some people need that extra time to grow into the patterns and practices of a small business before applying the same procedures to a larger business is a good idea. It’s kind of like starting with training wheels, not because you expect to use them forever, but because you want to get at least a little stable before riding the "big kids’ bike.
Fortunately, there are more business opportunities available to the entrepreneur wanting to grow rather than start large, and a good starting point is the Home Team Inspection Service. As the owner of your very own home inspection franchise with this brand, you are quickly made ready to succeed in the field, given everything from a complete territory analysis to national marketing and call-center backup. Most importantly, you receive one of the best business models in the industry: instead of inspecting a full home single-handedly, Home Team Inspection Service franchisees work in small teams on each inspection. It’s a great way to take care of the day-to-day work, and by training new inspectors, right alongside them, you can slowly build a larger and larger team and a larger and larger business until you, one day, can step back and leave inspecting to your teams of employees while you work on further expansion.
Doody Calls is another small home based business that provides plenty of room for growth. Built on the fact that dogs make messes in the yard that owners don’t want to clean up, this franchise operation is in the business of scooping poop on designated client routes. As the business begins, it can be nothing more than the franchisee with a truck and a shovel, but from that starting point, the sky is the limit. A franchisee wanting to make a big splash can eventual have fleets of Doody Calls vehicles driving around town scooping pet leftovers for grateful clients who appreciate saving that time.
Though it’s a slightly different brand of cleaning, Merry Maids provides the same opportunity for the enterprising entrepreneur. Regardless of whether you begin your work with this renowned company as owner and operator or as the overseer of just a handful of employees, there is always room to expand, take on more employees, and serve more homes with your residential cleaning services. This company has 25 years of experience, getting over 1400 franchises up and running and keeping them so, which means that however big you plan to get, they can help you.
Some businesses, like the work from home business Fresh Coat Painters, even require franchisees to have a mind for management and expansion. The Fresh Coat Painters mantra is "painters paint… we want business owners." So as you build your painting franchise, you can be certain that the franchisor’s goal is to help you grow.
What it Comes to
Not everyone wants to keep their business small forever, and if growth is something that you want, know that an initially small size does not limit your potential. Whether you begin with a literal "small business" or choose to dive right into the deep end of the larger franchise pool, your outlook remains just as bright and hopeful, so do what works best for your leadership style and your particular business.
Turning A Small Business Franchise Into Big Business - To learn more about this author, visit Candice Clem's Website.
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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