A video production franchise is one that provides video services for legal marketing, individual family events, live productions, duplication, commercials, small and large businesses and video specialization. If on a smaller scale, it can be operated out of the home full or part time. Once the business becomes larger, then some sort of property is usually leased to house all the equipment and can possibly contain a production studio. When purchasing a video production franchise, it is not necessary to have a great deal of experience in the field. Most offer extensive training programs for the experienced and inexperienced owner.
These companies commonly focuses on the areas of video production ranging from corporate videography services to preserving a family's memories. Video production franchises can also be dealers or distributors for most major brands of equipment. Advantages for potential owners is the low start up initial fee. Naturally, this fee does not include the equipment, but if money is tight, the equipment can be rented on a job by job basis. Some video production franchises offer very low royalty fees, usually a flat payment annually. Those interested in starting their own company should carefully consider the options.
The demand for these services is growing by a minimum of 25% per year and is expected to continue that growth pattern in the decades to come. A potential video production franchise investor should seek out an established company franchise with a proven track record. This chosen franchise should have a highly effective training and marketing plan. If starting any franchise sounds too risky, then a business of this type might be the answer for the entrepreneur. This type of franchise can be started at home part-time. There is no reason to quit a day job, until the profits from the home based video production franchise match those of outside employment.
It is advised that those interested in getting more information on these companies contact other franchise affiliates to assess the quality of the training and marketing plans. The FTC or Federal Trade Commission regulates franchises in the United States. Video production franchises are no exception. They must provide all interested investors with a UFOC or Uniform Franchise Offering Circular. This UFOC provides principal background and financial information as well as a copy of the current agreement. It is highly recommended that a potential investor not overlook their rights to accessing this important information. "The words of his mouth are iniquity and deceit: he hath left off to be wise, and to do good" (Psalm 36:3).
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Thursday, October 2, 2008
Video Production Franchises
Posted by Mr Tran at 10/02/2008 06:23:00 PM
Labels: Franchises
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Franchises
10/02/2008 06:23:00 PM
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