Contact Information:
Jo Dalton
Dynamis
Head of Communications
6-8 Sycamore Street
London, London
UK EC1Y 0SW
Voice: 020 7324 1948
Fax: 020 7324 1931
Visit Our Website



Kredyty mieszkaniowe Kredyty mieszkaniowe

Sprawdź aktualny ranking najlepszych kredytów mieszkaniowych w Polsce - atrakcyjne kredytowanie nieruchomości.

PRESS-NEWS.org - Press Release Distribution
FREE PRESS RELEASES DISTRIBUTION
RSS - Press News Release
Add Press Release

Franchise Buyers Confident of Business Success, says Franchise Portal FranchiseSales.com

Franchise industry survey reveals confidence in the marketplace and favourability towards flexible web based businesses that can be run from home.


2010-08-21
LONDON, ENGLAND, August 21, 2010 (Press-News.org) Sixty percent of aspirant franchisees believe now is a good time to buy a franchise, says a survey of over 200,000 franchise seekers and franchisors by http://www.FranchiseSales.com.

Only 11% are reticent, saying it's a bad time. At a time when the economic climate is plagued with uncertainty this represents a big vote of confidence to the franchising model.

Lifestyles

The survey pointed towards franchise buyers being tempted to burn the candle at both ends - 35% of franchise seekers are currently in employment and 48% are self employed or already a business owner. And a whopping 40% of all surveyed said they planned to continue with their current job/business if they bought a franchise.

Two in five respondents (40%) wanted to run a franchise to supplement an existing income, whether a part-time job or existing business.

In particular web based businesses have been at the fore of this revolution - there are 28 internet-based franchises on FranchiseSales.com. Before the internet came along, running a business and working a separate job in tandem was largely unthinkable without significant help.

Online businesses have lower overheads and can operate autonomously to a large extent, so are more conducive to being run part time or from home.

Younger Buyers

The majority of franchise seekers are aged between 31 and 50, accounting for 57% of respondents. Interestingly, the mean average has dropped from 43 years to 39 over the past two years.

Jeremy Mandell, Head of Marketing at Dynamis, the owner of FranchiseSales.com who ran the survey said: "There are two overarching reasons why franchise seekers are, on average, younger.

"Firstly money - with less disposable income or savings, few younger people can afford the higher costs associated with buying a business. On average a franchise seeker's budget of GBP79,500 is about a third of that of the businesses buyer's GBP208,000.

"Secondly - the lack of need for experience. Whereas nearly 60% of buyers of non-franchised businesses said the number one factor in their decision to buy a particular business was their experience in the sector, many (though by no means all) franchises require little or no industry experience from prospective franchisees."

Franchise buyers also prefer the security and revenue possibilities from a franchise, as opposed to if it matches with their experience.

Starting a business where the brand is already established was the most common reason for buying a franchise, cited by 46% of respondents. The next most important factor, with 29% of responses, was the lower risk associated with buying a franchise, next came the support and training that is always on hand for franchisees from an experienced support team, attracting 13% of replies.

Just over a third of franchise seekers said they know which sector they want to invest; gaining their independence and being their own boss were given as the main drivers for the other 62%.

No experience required

Of those that did know which sector they wanted to go into, food was overwhelmingly the most popular field.

Nearly half of respondents declared an interest in food-related franchises, particularly coffee and fast food. These types of businesses offer a number of advantages, not least that they tend to require no or little previous experience, making it a great option for a broad pool of buyers.

The next most popular sectors were web franchises, health and beauty, automotive and retail.

It's perhaps no surprise that the least popular sectors, including care, pet, dating service and pest control, are more expensive, require specific industry experience or a passion for the field.

Shop-based businesses were the most popular workplace type, cited by 46% of respondents, followed by home-based with 37% and office-based with 33%. Twenty-seven percent professed not to mind where their place of work would be, suggesting income and being their own boss enjoyed primacy in their motivations. Van or car-based environments polled 15% and 6% respectively.

Finance

Sixty-three percent of aspiring franchisees have finance in place before they approach franchisors. Of these, 23% are already working with a local bank and 19% plan to work with the franchisor. Only 20% said haven't thought yet about finance.

Not only do banks see franchises as low risk and therefore offer favourable terms in these credit-straitened times, but the amounts borrowed are also comparatively modest.

However, even though franchise seekers appear to have less difficulty getting bank loans than regular business buyers and certainly those starting businesses, 76% of respondents still wished for more attractive franchise promotions and offers when asked what they most wanted franchisors to offer over the next 12 months. Better financing scored highly too, with 31%, followed by the expansion of franchising into new sectors with 19% and more territories with 18%.

Flight to safety

The availability of so many recession-resilient sectors, along with the comparative ease of securing finance and the reliability of the franchising model, means that franchising represents a flight to safety in tough times.

That 90% of franchises make it past three years compared to just one in three conventional start-ups certainly backs this up. There are few other business models who can boast such a track record.

FranchiseSales.com is published by Dynamis plc.

Dynamis plc is an online publisher, repsonsible for BusinessesForSale.com, FranchiseSales.com, BusinessWings.co.uk and BusinessOpportunities.com. The titles are all in the business transfer market and look to inspire and educate entrepreneurs and provide them with a marketplace in which to find and buy business opportunties.

ELSE PRESS RELEASES FROM THIS DATE:

OrionGadgets Launches LG Ally VS740 Accessories: Design Cases, Holster, Clips and Screen Protectors

2010-08-21
OrionGadgets is a retailer and manufacturer of cell phone accessories with over 10,000 listings available for the most popular new smart-phones, PDAs, iPod / iPad, and e-readers. The latest addition to OrionGadgets' list of available models is the LG Ally VS740. LG Ally accessories include plastic cases in ten different designs and colors and two styles of leather case to protect and personalize the Ally. The plastic cases snap on the outside of the phone providing an extra layer of protection from everyday scratches and keeping the phone's surface pristine. LG VS740 ...

As Students Return to School, Dr. Eric Siani Cautions Parents about School Diets, Flossing and Hard Candy.

2010-08-21
While most parents focus their attention on school clothes and supplies, Dr, Eric Siani prepares for student examinations, teeth under attack from junk food and damage from the hard candy that kids love. Dr. Eric Siani has his calendar marked. With Palmdale schools starting back, his schedule fills up with appointments for checkups. Most parents coordinate routine checkups like dental and eye exams with the school calendar. In the case of Dr. Eric Siani, a summer of poor hygiene, junk food and infrequent flossing brings a steady stream of cavities through his office. Another ...

Jeff Davis Bank Now Rockin' Kasasa Tunes

2010-08-21
Jeff Davis Bank, one of the first financial institutions in the country to launch Kasasa , the first and only collection of bank accounts that actually takes an interest in account holders, today introduces the most innovative account on the market, Kasasa Tunes . Kasasa Tunes is a free checking account that gives consumers free downloads from iTunes every month. It is designed for those with a passion for music and media, who want to be rewarded with free downloads, including music, books, movies and iPhone or iPod applications. "For those that want something different ...

Assisted Living Locators Lawrenceville Sponsors ACMA Georgia Hospital Case Management Conference

2010-08-21
Assisted Living Locators Lawrenceville is a Lawrenceville based service enterprise announced the sponsorship of the ACMA Georgia Chapter Hospital Case Management Conference. Assisted Living Locators helps families within the Lawrenceville Community dealing with assisted living needs. Assisted Living Locators Lawrenceville is a free service that acts as a guide in the sea of choices by providing assessments, analysis of options and guidance throughout the selection process of assisted living services no matter what your needs are. Assisted Living Locators Lawrenceville will ...

Health Market Science Named to the Deloitte Fast 50 for Greater Philadelphia

2010-08-21
Health Market Science has been named to the 2009 Deloitte Fast 50 for Greater Philadelphia. A 211% increase in revenues from 2004 to 2008 resulted in a 27th place ranking for Health Market Science. The Greater Philadelphia Fast 50 award program is sponsored by Deloitte and recognizes the fifty fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Greater Philadelphia region based on percentage of fiscal year revenue growth over five years. To qualify, operating revenues must be at least $50,000 USD for 2004 and ...

The NC Center For Women In Public Service Announces Women In Office Institute Graduates

2010-08-21
Dana Jennings, CEO of The NC Center for Women in Public Service (NCCWPS), a nonpartisan organization that prepares women for elected and appointed offices statewide, hosted its 7th annual Commencement Ceremony for the graduates of its Women in Office Institute on July 17. The Women in Office Institute is an interactive, skills-and-confidence-building program spread over two extended weekends where North Carolina women hone their leadership skills, prepare for political campaigning, and develop tools for effective and ethical public service. The 2010 Graduates are: Holly ...

Precious Metal Coins in Stephenson's Aug. 20 Auction are on Investors' Radar

2010-08-21
When Wall Street heads south, investors head straight to precious metals - especially silver and gold coins like the ones to be auctioned by Stephenson's Auctioneers & Appraisers on Friday, Aug. 20th, commencing at 4 p.m. Eastern Time. More than 500 lots will be offered in the sale, with the great majority being the types of coveted American gold and silver coins that are so highly sought after by today's collectors. Highlights among the gold issues are an 1899 $10 coin, as well as 1880-S, 1886-S, 1897 and 1881 $5 coins. Other important gold coins to be auctioned are ...

People's Financial Advisor offers investment advice for IRA account holders

2010-08-21
People's Financial Advisor (PFA) http://www.peoplesfinancialadvisor.com , a leading provider of online fiduciary financial planning services, today unveiled that its Financial Plan includes specific guidance which investments to make inside people's IRA accounts. Mr. Robert Schumann, Chief Advice Officer at People's Financial Advisor explains: "Employees that change jobs and roll over their 401k plan or other employer sponsored retirement account to an IRA account are lost. While employed they could get help with investment decision through their employer. Now they ...

Central VA MS Society Dances Multiple Sclerosis Goodbye

2010-08-21
The Central Virginia Chapter of the National MS Society is hosting its third annual Women on the Move luncheon, sponsored by Sheltering Arms Rehabilitation Center, on Thursday, September 16th at the Jefferson Hotel from 11:30am to 1:30pm. The two-hour event, dubbed "Dancing MS Goodbye," will have a ballroom dancing theme, a silent auction and a holiday party wear fashion show presented by Wardrobe. Amy Lacey, host of Good Morning Richmond on WRIC-TV8, will be a guest model for the fashion show and the keynote speaker will be Leslie Shelton, who will share stories of her ...

SureFlap helps Cats Protection respond to kitten fever

2010-08-21
Cats normally breed between February and October but the mild winter of 2008/9 extended the season and this summer's warmth and long daylight hours has accelerated the breeding cycle. Pregnancy lasts 63 days and can result in an average of four to six kittens per litter. Cats Protection recommends neutering cats from four months of age to prevent litters of unwanted kittens and keeping up to date with parasite treatment and vaccinations to ensure cats stay healthy. But not all of the cats at shelters are abandoned as, during the summer, pets also go walkabout. Maggie ...

LAST 30 PRESS RELEASES:

How your brain decides blame and punishment -- and how it can be changed

Uniquely human brain region enables punishment decisions

Pinpointing punishment

Chapman University publishes research on attractiveness and mating

E-cigarettes: Special issue from Nicotine & Tobacco Research

Placental problems in early pregnancy associated with 5-fold increased risk of OB & fetal disorders

UT study: Invasive brood parasites a threat to native bird species

Criminals acquire guns through social connections

Restoring ocean health

Report: Cancer remains leading cause of death in US Hispanics

Twin study suggests genetic factors contribute to insomnia in adults

To be fragrant or not: Why do some male hairstreak butterflies lack scent organs?

International team discovers natural defense against HIV

Bolivian biodiversity observatory takes its first steps

Choice of college major influences lifetime earnings more than simply getting a degree

Dominant strain of drug-resistant MRSA decreases in hospitals, but persists in community

Synthetic biology needs robust safety mechanisms before real world application

US defense agencies increase investment in federal synthetic biology research

Robots help to map England's only deep-water Marine Conservation Zone

Mayo researchers identify protein -- may predict who will respond to PD-1 immunotherapy for melanoma

How much water do US fracking operations really use?

New approach to mammograms could improve reliability

The influence of citizen science grows despite some resistance

Unlocking secrets of how fossils form

What happens on the molecular level when smog gets into the lungs?

Using ultrasound to clean medical instruments

Platinum and iron oxide working together get the job done

Tiny silica particles could be used to repair damaged teeth, research shows

A quantum lab for everyone

No way? Charity's logo may influence perception of food in package

[Press-News.org] Franchise Buyers Confident of Business Success, says Franchise Portal FranchiseSales.com
Franchise industry survey reveals confidence in the marketplace and favourability towards flexible web based businesses that can be run from home.
Press-News.org is a service of DragonFly Company. All Rights Reserved.
Issuers of news releases are solely responsible for the accuracy of their content.