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http://www.franchoice.com/franchise-information-guide/why-buy-franchise/franchise-system-failure.aspx
Franchise System Failure
How to Avoid Buying a Franchise That Might Go Under
Statistics show that your chances for success as an entrepreneur are greater if you start your new business as a franchisee rather than opening a business all on your own. However, there are times when even franchise systems aren’t successful and around for the long term. Of course there are no guarantees but you can boost your chances for finding a franchise with stability by doing some additional research.
A franchise company usually begins when someone has a desire to bring a product or service to a wider audience. One or more units, often called company stores, are opened so the product or service can be tested, refined, retested and improved. Once the company stores have experienced some success, the company will begin early franchising efforts.
http://www.topfranchise.net/
National Franchise Exhibition 2004 at the NEC 8 -9 October 2004
As always, the end of the franchising season will culminate at the Birmingham NEC on the 8th and 9th October where the National Franchising Exhibition (the highlight of National Franchise Week) will take place. Introduction to Franchising’ has been organised by the British Franchise Association and is aimed at aspiring business owners who are new to the franchising concept.
The seminars will address issues including the benefits of franchising verses other business formats; what the franchisor looks for in a franchisee; what a franchisee should look for in a franchisor; the size and the expected growth in the franchise market; the initial choice of franchise; the business plan; and the finance and how to get it.
8th-9th October 2004: The National franchise Exhibition incorporating the ‘Growing Your Own Business’ showcase and conference, Birmingham NEC
http://www.dwassoc.com/business-startup.php
In starting up your own business, you have several choices. You can purchase a franchise, a business opportunity, or start up a business from scratch. Purchasing a franchise gives you a ready made business. But what are the differences?
Franchise: The risks are lower and you can have a better chance of success. There is a quicker startup and less of a learning curve. You usually get training and ongoing support such as marketing, collective buying power and ongoing support.
Business Opportunity: A little higher risk and less support in terms of marketing, training and collective buying power. But you are runnining your own business and have more freedom to make choices and decide how you want to do things.
Start-up from scratch: This has the highest risk, the least structure, but the greatest freedom to run your own business the way that you want to.
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