| |
A
safe and proven business method.
Statistics from the International Franchise Association
(IFA) demonstrate that in a period of 5 years only
5% of the independently owned businesses survive,
while in the case of franchises this percentage
is of 95%. For this reason, franchises are considered
to be an investment form that helps minimize the
risk of entry into different types of businesses. |
| ¿What
should a Buyer consider in order to increase his
chances of success when he invests in a franchise?
|
- What are my personal
goals and characteristics?
- What is the maximum
amount of investment that I wish to expend?
- What is the flow of
income that I can expect to receive from the
business that I wish to establish?
- In how much time will
I recuperate my investment?
- What are the franchise
options that I have for the city in which I
live in?
- What type of commercial
space do I require so that my future business
is successful?
- If I own a commercial
space, what is the surrounding market in terms
of where it is located (socioeconomic level,
requirements and characteristics of the local
population, accessibility, surrounding streets,
etc.)?
- What are the advantages
and risks of the Franchising Company that promotes
the type of business I am looking for?
|
| Consider
some of these statistics… |
- Approximately 65 business
categories have been developed under this format.
- The average investment
in a franchised business is $85,000 dollars.
- Franchise contracts
on average are awarded for periods of between
5 and 10 years.
- Most franchises charge
between $15,000 and $25,000 dollars for their
franchise fee.
- Royalties for technical
assistance or support are of 5% of gross sales
on average and 2% for advertising fund.
- Most franchises offer
the recuperation of your investment in a period
of between 2 ½ to 3 ½ years.
- Worldwide, franchises
grow at an annual rate of between 10% to 12%
in franchised units.
- In the United States
1 out of 12 businesses is a franchise and 1
out of 3 dollars that are spent on retail sales
are in franchised units.
|
Take a look at our Franchise
listings.
|
| EMPIRE
continuously updates the franchises that it lists
in order to offer investors and future entrepreneurs
choose between options that best suit their tastes
and preferences, as well as their investment possibilities. |
