Franchises Your Best Bet Restaurants offering'comfort foods' are prospering especially well and their resilience in the face of the downturn is very encouraging to would-be franchisees. Of course , however bad the commercial news, customers still need their morning coffee and donut and, whilst they are probably going to be cutting back on the huge spends, those small luxuries of life become more important. OK, maybe you won't be taking that Florida beach vacation this year, but great coffee and delicious food that you can enjoy any time of day are still cheap for the majority and offer up a little consolation and reward for the hard-pressed employee or purchaser.
For many well known restaurant franchises, business is booming. In the UK, sales figures for pizza delivery firm Domino's showed an increase of fifteen percent in January, historically the slowest month in the restaurant trade. McDonald's have reported an increase in sales of 7.6 per cent in the final quarter of 2008, despite the credit crunch. Sandwich chain subway has announced plans to open 600 new stores in the UK and ireland, creating 7,000 roles, and fried chicken chain KFC is preparing to invest up to £150m in opening up to 300 more restaurants, with nine thousand new jobs. It is surely no coincidence that the above discussed firms are run as restaurant franchises. A successful restaurant franchise responds to the needs of its intended core client base - which tends to be centred on real busy folks busy, up early in the morning, wanting a hurried lunch, hunting for an afternoon lift or a snack at the end of the day.
Ken Hollowell, President/CEO of Profran specialists has been consulting and developing franchises in over seventy industries for the past 30 plus years. Mr. Hollowell has lectured for the FTC, SCORE, SBA and lots of other organizations all over the world . He recently lectured in the Philippines to several dozen franchisor owners wanting to bring their firms to the US. To learn how your business could be franchised
CLICK HERE Why is cafe franchising such a good business opportunity? A recognized brand name will right away attract buyers into your business. A good restaurant franchise provides practical solutions for its franchisees, ranging from site selection and development processes to continuing new release training. Training and support teams will deliver the information and tools that help to push their franchisees' business. Essentially, therefore , the massive difference between a good restaurant franchise and running your own business is the great support structure coupled with the advantage of a ready and well-known trading name.
Profran Consutlants has assisted hundreds of business enter into the franchise arena. Franchising today is yielding over $2 Trillion to US Economy and still growing. Over 6,000 franchisors are offering franchise business opportunities in the United States. If you believe your business can be franchised, contact Profran Consultants and allow them to evaluate your business concept, project or existing business. Profran Consultants provides one hour of free consultation usually over the telephone.
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