FranchiseExpo.com

I was looking at CNNmoney.com this morning and in the corner of the homepage I saw something called Franchiseexpo.com. This is a website where people interested in buying franchises can start exploring what they want to buy. The good thing about franchise is that it carries less risk than an opening a new business. Just remember that ‘less risky’ doesn’t mean that it doesnt carry a risk at all. Some of the franchises offered are Filta Environmental Kitchen Solutions Franchise according to its own description, “Repeat customers, repeat revenues, multiple service offerings to each customer. Our services are set up to provide solutions to some of the most problematic areas of the kitchen. We remove the hassle and liability of some of the least desirable jobs, and do them in a safe, efficient, clean, and cost-effective manner. Customers enjoy benefits such as: cleaner fryers, longer oil life, less waste, more consistent food product, happier staff, less employee accidents and claims, reduction in insurance premiums, no more smelly waste oil bins out back, and an overall more efficient operation.” Another thing to remember about these franchises is that its expensive so if you lose money in a franchise there is no guarantee of return. For example Enviromental Kitchen Solutions has Franchise: $31,000 and an Investment Level:$50,001 – $100,000 plus royalty fees of $525/month. They are not cheap and still carry a risk so before you go on buying a franchise start thinking about what you will do in the event that it fails ( how much loss can you take). Afterwards, start thinking about who you would market the product to and where. Click here to read the full article.

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