Dry cleaning franchises are steady investment opportunities for prospering two-career families or for the single person. Those who invest in this type of business will find that it is like having a mentor working alongside them every step of their business's development. The owner of the training firm extends a business opportunity in which the management of that company has already done the planning and executing of all business strategies, so that the investor can avoid many of the pitfalls of the new business owner. The franchisee, or the one who buys the dry cleaning franchise, has access to the company name, which brings instant recognition, as well as to the system of business that the company has tested and established. The key to purchasing a successful franchise is to choose one that has proven its business record over time.
There are advantages to investing as opposed to starting a new business on one's own. Most dry cleaning franchises offer the advantage of helping the franchisee with start-up materials, training employees, choosing a prime business location, as well as marketing the new company in a new territory. It will also offer the franchisee instant name recognition. Because customers are more likely to gravitate toward a recognizable name, they more often than not will choose the well-known dry cleaning franchise over an independent store which is not familiar.
Furthermore, these investments offer advantages over other opportunities. First, this type of business is not a fad. Therefore, the owner realistically can expect steady business during good business cycles and poor ones. He can also expect repeat business, as many customers like to stick with what they know. If a customer tries the firm once and has a good experience, he likely will return. Third, these businesses can be run with a small staff, therefore it is easy to train sufficient employees. That means that finding experienced personnel is not always necessary. Finally, dry cleaning franchises do not require a heavy investment in inventory, which cuts down on the initial investment fee.
Anyone who has started a business will tell of the challenges and time it took to get the company up and running. However, purchasing one of these companies can eliminate much of the initial start-up struggles and guesswork. In the same way, these investments can offer the franchisee tried and true methods for servicing clothing and eliminating many try-and-fail methods that lose customers. The important aspect of signing a contract is to thoroughly research the practices of the dry cleaning franchise in which to invest. A good way to do this is to speak to owners of other companies in the area, asking them why they chose the particular methods they use.
If Christians are interested in exploring the possibility of owning a dry cleaning franchise, they should seek godly counsel. Philippians 4:6 says, "Be careful for nothing; but in every thing by prayer and supplication with thanksgiving let your requests by made known unto God." He is the first One we should consult when making a big financial decision. Then we can also consult with godly financial experts. They will advise us of the traps and the necessary skills to have before taking on the responsibility.
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Thursday, October 2, 2008
Dry Cleaning Franchise
Posted by
Mr Tran
at
10/02/2008 08:59:00 PM
Labels: Franchises
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Franchises
10/02/2008 08:59:00 PM


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