Franchises as an option for employment

vickylass By vickylass, 17th Nov 2015 | Follow this author | RSS Feed
Posted in Wikinut>Business>Business Opportunities

Before one is to spend savings on a franchise business, one should do market research to find the best place to establish it and if it's needed or not.

Franchises as an option for employment

Does anyone have a feeling that there's no variety at all? When I stroll in the streets, I'm amazed and at the same time disgusted to see the number of franchises opened to the public.
There are bars, low cost bars, restaurants, clothe shops, shoe wear as well as these trendy shops that sell a variety of allegedly items that are, in fact, useless and unnecessary in the house.
These shops are established all over city centres if the owners can find a premise or as a cheaper option within shopping centres.
There is always one at a hand's reach for whatever one's need or fancy.
It seems that nowadays everyone of us can be an entrepreneur, provided one has the money that a given franchise company requires.
One will think that by opening its own business that is already well known, they'll get rich overnight. Yet, the cash flow of many of these franchise shops is very little on most days.
Whenever I pass by one of these trendy shops, I see that they aren't full of shoppers and more often than not, I can see the shop assistants talking to each other or tidying their items for umpteenth time waiting for customers, especially in clothing shops.
Many people, when they can have a sum of money, will think that franchises can be an excellent option to go into business and perhaps to get rich. However, at the turn of a year, they see it isn't as they had thought. They've to pay for rents if they don't own the premise, electricity, insurance, taxes, providers and, of course, staff and in the end, the cash flow isn't plentiful, except for some special days such as Christmas.
Many people may think that franchises is the future on retail business and a way to have a business, but I find it a bore to see the same shops everywhere. It doesn't make a difference if one is in Madrid, Paris, London or the most distant place on Earth. One will see the same type of shops wherever one is What a bore!

© Copyright. Vicky Pino. November 16th 2015

Tags

Cash, City Centres, Companies, Premise, Shops

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author avatar vickylass
Feature article writer whose motto is that inspiration does exist, but it has to meet us at work.

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