Rewire said:
Most of us here are not trying to franchise our business that doesnt mean it couldn't be done,.
I believe most of us here couldn't franchise our business even if we wanted to.
I'm not saying it couldn't be done though.
Just that most of us don't have a business that operates smoothly enough, with systems in place to be able to franchise it.
In order to franchise a business you have to have a business model someone is willing to pay for.
Rewire said:
the problem with franchises is you very seldom see the true failure rate.Franchisees first must meet certain financial standards ,standards that help maintain potetial for sucsess of those that do run into trouble they are usually purchased by someone else so that they don't actually show up as a failure sometimes they are bought back by the franchiser.
I wonder how many of these failures were caused by the franchise owner not following the systems and business practices that were provided to them?
Rewire said:
Most of what Mr Sparky or Mr Electric does is nothing original its just a flashy package that sells to people who think it is the fast track to sucsess,lets see if they are around in ten years.
I wonder if other hamburger joints would have been saying the same thing about McDonalds on the hamburger forums if they had them back then.
I really doubt Patrick Kennedy the founder of Mister Sparky is too concerned. He's already made more money and accomplished more than most of us ever will. Poor guy, I sure hope he's not broke ten years from now.
It would be a shame to have a successful business, have someone purchase it and retire wealthy only to have the business disapear ten years later.
I'm not sure it would be the end of the world for me. I think I could live with it.