Franchise Opportunities

Own Your Own Franchise in Michigan – Anago Cleaning Systems


If you are looking for a fast growing, low start up cost, and easy to manage franchise in Michigan, then Anago Cleaning Systems is your answer! Call (248) 865-7600 or visit https://anagometrodetroit.com/franchise-opportunities-detroit/ for further information.

Advantages of Owning a Franchise

When considering life as an entrepreneur, it is important to understand the definitions of a franchise, business opportunity and a start-up business. There are, of course, advantages and disadvantages to each style of business. In this article we will discuss the advantages and disadvantages of owning a franchise.

FRANCHISE:
A franchise is a right granted to an individual or group to market a company’s goods or services within a certain territory or location. The franchisor (the company owner) sells the rights to the franchisee and then typically receives a fee for ongoing support, therefore having a vested interest in the success of each franchise.

Franchising began back in the 1850’s when Isaac Singer invented the sewing machine. In order to distribute his machines outside of his geographical area, and also provide training to customers on the use of the machines, Singer began selling licenses to entrepreneurs in different parts of the country. Today many such franchise opportunities are advertised via the Web and other media. Examples of franchises include Carvel, Tutoring Club and Liberty Tax Service.

Advantages:

  • There is a higher likelihood of success since a proven business formula is in place. The products, services, and business operations have already been established.
  • Bankers usually look at successful franchise chains as having a lower risk of repayment default and are more likely to loan money based on that premise.
  • The corporate image and brand awareness is already recognized. Consumers are generally more comfortable purchasing items they are familiar with and working with companies they know and trust.
  • Franchise companies usually provide extensive training and support to their franchisees in effort to help them succeed.
  • Many times products and services are advertised at a local and national level by the main franchise companies. This practice helps boost sales for all franchisees, but individual franchisees don’t absorb the cost.

source: franchises.businessmart.com

If you would like additional information about opening up a Michigan franchise with Anago Cleaning Systems, please call (248) 865-7600 or visit https://anagometrodetroit.com/franchise-opportunities-detroit/ today!

 

Schedule your free estimate today

Call Now: 248.886.4832