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[Razor1911]

Many people start their business from scratch. They invest their time and energy to make it successful. After lots of hard work, thrle products of only a few of them get recognized in the market, and then the offers starting coming to franchise your product.

But will your prefer to franchise your product after all the hard effort you put to lift the product from ground level to that much high?

 

[Niftyicon]

Having your products franchised is not a bad idea since I think it reduces the possibility of the business failing later on after launch.

 

[Razor1911]

Having your products franchised is not a bad idea since I think it reduces the possibility of the business failing later on after launch.

It will be good for start ups. But when your product start recognition, that time it will be tough to take decision. Because, once franchised the brand name will be changed.

 

[Ridorz]

I thought it's a good idea to franchise a product, in which to secure the existing of the product. If the business owner make a great effort to make the business existing and succeed there's nothing bad in franchise the business.

 

[Razor1911]

I thought it's a good idea to franchise a product, in which to secure the existing of the product. If the business owner make a great effort to make the business existing and succeed there's nothing bad in franchise the business.

When we talk about it in the initial stage. I do believe that we need recognition, and franchising will really help. But if your priduct already in recognition, what will you do then?

 

[Emmanuel24]

Having legal permission to sell products at a particular area or geography make a business to gain good ground in the market. Environmental factors in the business is very paramount in business because it has effect on the business.

 

[Corzhens]

A friend's daughter had a start up of a hamburger fast food. The recipe is unique and they did great promotion. After 6 months they sold 1 franchise. It's been a year only and they now have 3 franchises. The profits keep on coming that they are focusing on selling franchise.

 

[Razor1911]

A friend's daughter had a start up of a hamburger fast food. The recipe is unique and they did great promotion. After 6 months they sold 1 franchise. It's been a year only and they now have 3 franchises. The profits keep on coming that they are focusing on selling franchise.

Wow. That's what happens when our talent meet our luck. I mean, there might be 100s of such unique cuisine available, but to get a franchise really requires a lot of luck.

 

[delnovem]

Franchising your products is a good idea so you don't get the sole power of your product type. Any other system which is trying to do same will have to pay royalty with a fee to produce under your name.

 

[07Trinity]

ASAP change location,or find a way to market the product, that's why we don't just go buying product without doing research to know the outcome.

Many people start their business from scratch. They invest their time and energy to make it successful. After lots of hard work, thrle products of only a few of them get recognized in the market, and then the offers starting coming to franchise your product.

But will your prefer to franchise your product after all the hard effort you put to lift the product from ground level to that much high?

 

[Wisdom01]

If you see that the product have a huge future ahead I will advice you not to franchise it , so that you will not regret later in the future for doing so

 

[Emmanuel24]

There's nothing that someone needs to take for granted in running a business. Franchise is an opportunity for your product to be known formally and great. I will advise you to put in both your energy, time and franchise in bring up your product in the market.

 

[a_jerobon]

A friend's daughter had a start up of a hamburger fast food. The recipe is unique and they did great promotion. After 6 months they sold 1 franchise. It's been a year only and they now have 3 franchises. The profits keep on coming that they are focusing on selling franchise.

That shows how important it is to be flexible enough and franchise your business. You may end up earning such great profits. You just need to plan well before you franchise.

 

[Dav1d]

I think selling your products as a franchise is actually a great idea, it gives the people what to look up to and also increases their expectations as well. Let's take for example phone companies, when ever there is an unveiling of a new product in a series, there is always this excitement amongst it's users, they want to see what the latest edition has to offer.

 

[BALABALA111]

It all depends on how you picture your business I think for you to be able to sell out your franchise you will have to make your business grow to a particular level and for people to be interested in having your own franchise your business must have high level of publicity you must have a lot of traffic and consumer policy associated with your business before people can one come to locate the ones have a franchise then that will be your decision if you want to sell out franchise to them

 

[BALABALA111]

Everybody wants to achieve a particular level in his or her business for you to sell out franchise it is a nice idea but it should be all in the plan of your idea associated with your business if you want to sell out franchise it will go a long way in helping you promoting your business publicly and also give you a huge name in the market

 

[Balint098]

Not all products can be franchised, so it depends on what kinds of products you want to market. Also, before even thinking of franchising a product, you should first build a strong brand loyalty first, without it many companies failed their franchising business.

Everybody wants to achieve a particular level in his or her business for you to sell out franchise it is a nice idea but it should be all in the plan of your idea associated with your business if you want to sell out franchise it will go a long way in helping you promoting your business publicly and also give you a huge name in the market

Double replying before other people replying is not allowed on this forum. Please read the rule first.

 

[ashim kate]

The game of business might be very difficult but at the end of the day it is what it is. You are definitely going to encounter a lot of competition along the way and if it is something that you cannot deal with then it is better that you join them. It is far better than losing your customers entirely to them

 

[CyberPreNurse]

Franchising your product is not something bad at all provided you're sure that the person that is going to handle it is definitely someone who is reliable and can put in the best efforts to make sure that you end up with in or serves as possible that used to be when you're handling a business and product yourself.

 

[dorcasy]

You make it sound like franchising is a bad thing meanwhile it's just the alternative you are left with at that moment and there is nothing you can do except you want to incur further lose.
If I am in a difficult situation as this I won't hesitate to market the product at a franchise price.