Economic development in the past was primarily controlled by high-end business professionals and the power of the banks and governments. This they did by monopolising the market and keeping small traders from expansion with cut down prices and utilising resources. The end result was that big businesses stayed big and prospered, while the small trader stayed small dependant on the services and resources controlled by the big companies. In many cases, the small trader was out priced and ended up closing their business.
Now is the time of technology and the internet, where anyone can set up in business for hardly a fraction of the cost of setting up in a conventional business. No premises are required, no stock is needed to buy and storage is not required. Even transportation is not required, which is a saving of thousands every year. All you need is an idea, a good business plan and a ready-made market. The only outlay is the cost of a computer, even though you could start off using a friend’s computer or internet café. However, it does make sense to own your own computer. On top of that is connection to the internet, primarily broadband, but to start off with you could use dial up if you are on a tight budget.
So initially, you have what you need. Apart from that, there is the added cost of web space, which can range from totally free on various free websites. The only downside you are subjected to the site’s own advertising from partners, whom pay the site’s owner advertising fees/commission on sales. It is possible to rent web space from as little as £20 - £30 a year if you look around but that would in most cases involve doing your own webpage designs and uploading them to the site, but some do have in-built software that allows you to use pre-designed templates. Therefore, it is possible to set up in business for a small price.
One factor that could stop you from succeeding is reputation and getting your business known and always changing to the needs of the market or economic change. Therefore, unless you are well transverse in the business area of your choice you could come unstuck or end up running a stagnant enterprise.
So how are people coping with change and always having the experience on hand to use when needed and on the first day of business, have a ready-made market?
The answer to that is in the area of business franchises. This is where a person/groups of business people have a very good business and want to expand their market position. Instead of investing thousands or even millions on their expansion, whether in their native country or on a global basis, they offer people a replicate/copy of their business to set up in an area of their choice. Normally the same country where they live.
So why is this better than setting up in your own business with your own idea?
The benefits of setting up in a franchise operation is that you don’t have the hassles of building up your contact lists, making long, trustworthy and reliable business networks. The suppliers are already in place and offer reduced rates because of the level of business brought to them.
In addition, you will have advisors and an unlimited 24/7 resource area to assist you. The company will endeavour to make you successful, because your success is their success. Therefore, even though you may have invested your own time and money into it already, years of experience and millions would have been invested by the company. Therefore, in reality the only person that can let you down is yourself.
The only problem you face in the first place is what franchise to take on and how much you can afford to pay for the franchise. Franchises can cost anything from 10k upwards to millions. You also have to pay for it in full upfront before you actually start and make any money/profit from it. So then, that could put you off the entire idea before you start, because at the end of the day, no business can be guaranteed to succeed and can fail. So your investment could be lost and if you have borrowed the money, that means you will be in debt.
Now one company that realised this addressed the problem full on. They worked out, that to offer someone a franchise operation, they themselves had to have a system in place where advertising was done on a 24/7 basis on a global scale without costing millions at the same time. When that was in place, they then realised that once someone had decided to take on a franchise they first had to make sure that the individual was ready to run a franchise and represent the company properly. Therefore, this meant providing advisors round the clock all over the world. Once this was covered they quickly realised that not too many people actually had the finance to pay for a franchise in full, but did have the drive, enthusiasm and background to take one on.
So they decided to setup a training period where the individual would lease the franchise at a fraction of the full cost and then and only when they were in a profitable position, take on the full cost and responsibilities of the franchise. With this in place, many people have successfully owned and run successful and profitable businesses with this company. Obviously, the success, level of profit and expansion, of the individual’s business is down to them, but the company does boast a 99.99% success rate.
In the business world, there are not many companies that can boast that.
If you want to find out about what this company has to offer and how they can help you in your franchise purchase, contact:
Mr Stephen Banks
Franchise Advisor General Manager (For QYAO)
Email: qyao.stevebanks@btinternet.com
Alternatively, request an information pack on the various franchises that are available at
Franchise Request Form Page
http://qyao.com/signup_br.php?REF=57739