Small business franchises are popular business deals. Small business is good because it is in demand both in megalopolises and in small towns. The choice of options can be called enormous without exaggeration. Probably, today it is difficult to name a branch of the economy and a line of activity (and not only a small one) for which franchises would not be offered. So the main thing is to make the right choice because the success of your enterprise will largely depend on this decision. The share of franchising in world GDP is growing every year, providing a significant contribution to the economies of various countries and the creation of new jobs.

The owners of successful companies and "promoted" brands are increasingly inviting newcomers to join their business and purchase a franchise, becoming part of a profitable business project. One of the main positive aspects of this way of doing a business project is stability. All technologies, schemes of processes and procedures, recipes, order of interaction with suppliers and customers, advertising policy, etc. have been worked out, tested in practice, and have proven their effectiveness. It is these circumstances that provide a reduction in the payback period of a business project and bringing it to a profitable level in comparison with the creation of an enterprise, as they say, "from scratch." It makes sense for entrepreneurs working with small businesses to pay special attention to franchises in trade, catering (coffee shops, small family cafes, bakeries, etc.), consumer services (dry cleaners, repair of shoes and clothes, leather goods, and household appliances) .

The popularity of franchises related to entertainment and travel, sports, medical services (including various types of massage, physiotherapy exercises, etc.), as well as car service, repair, and construction work, is growing every year. And even financial crises, pandemics, and similar negative circumstances often not only do not become an obstacle to small businesses on a franchise basis but even provide faster growth and development compared to quiet periods. An example of such projects can be preschool and school educational institutions that work with the use of modern information technologies. Various institutions for additional development and training are also in great demand during periods when there are various restrictions on the work of classical schools and higher educational institutions. The production of food to go and with delivery can also be an example of a franchise (both small and large) that will flourish during quarantines, restrictions on the movement of people around the city, etc. In general, all services related to the delivery of food, consumer goods, medicines, etc.

are highly demanded during such periods.

The success of a business project is ensured by a preliminary study of the key factors affecting small and large businesses, regardless of whether it is offered through a franchise, simply purchased from the owner, or created independently. First of all, it is necessary to assess the current level of development of the selected industry and its prospects, at least for the coming years. Of no small importance is the current severity of competition, the number of closest competitors, their pricing and service policy, advertising activity, etc. It will be useful to pay attention to the level of brand visualization: the presence and recognition of the logo, brand names, slogan, etc., the existence of a corporate website, rules, and principles of interaction with consumers (how satisfied they are with this brand in general) and other parameters. Having found a franchise in a specialized Internet directory, you can carry out at least a short search for various reviews and comments about it.

Perhaps some franchisees found it necessary to share their experience of cooperation and provide additional information about the franchisor to all interested parties. And, of course, the entrepreneur will need to perform all the calculations associated with the organization of the enterprise. The terms of a franchise usually imply the need for an initial payment, the amount of which depends on the value of the brand, determined by the success, fame, and profitability of the company. In addition, to organize a company, it is necessary to invest a certain amount of money in fixed and circulating assets (purchase or lease of industrial, retail, and other premises, purchase of production and office equipment, recruitment, hiring, and training of personnel, a campaign to bring products to market, etc.). P.).

So the franchisee should estimate the size of the initial investment in a small business project as accurately as possible when building a financial plan. It depends on how soon he starts making real profits. Monthly royalties are usually calculated as a percentage of turnover. Often, an approximate investment plan and a calculation of the payback period of a small (and not only) business is provided along with a description of the franchise in the corresponding online catalog. The experience of competing businesses operating under the same franchise or simply in similar market segments can also be a source of extremely useful information and help franchisees make the right choice. When choosing a franchise partner, it is necessary to take into account his willingness to provide advice in the field of production technology, marketing, promotion, optimal organization of daily activities, staff training, registration of points of sale, etc., provide the subsidiary with information materials and provide other assistance in terms of business development .

Usually, such consulting is included in the list of free services (within the framework of franchising cooperation). However, there are also options when each consultation is provided for a separate payment according to a special price list (some business owners value their information resources very highly and are not ready to provide them free of charge even to regular partners). By the way, consultations and advice regarding tax optimization, development of a system of corporate discounts, the possibility of a franchisor lending to a junior partner's business project can be of great importance for small businesses. By the way, there are also free franchises that generally do not provide for either an initial payment or monthly payments (mainly in small businesses in the sphere of public catering and consumer services).

In general, summing up all of the above, we can conclude that a small franchise business has a lot of advantages over classic business models. There are, of course, costs, risks, and problems, but they are not too noticeable and threatening the final result. With a properly organized and pre-calculated small business under the franchising program, an entrepreneur can feel confident both in a large metropolis and in a regional center or a small settlement of regional significance. The main thing is to choose the right market segment and make every effort for its successful development.

A taxi franchise is a modernization of the transportation business. Every person who has a car, with the threat of losing his job or as an additional income, at least once thought about transportation. This requires a license, a car, and an application on the phone. Taxi service is a new level of earnings. The old model of a taxi company is about buying a car, hiring drivers, and a bunch of other inconvenient nuances. Now everything is much simpler, it is enough to register as an entrepreneur, conclude contracts with third-party drivers and start working.

But in this case, the problem of high competition arises, and the acquisition of a taxi franchise may be the way out. This approach will allow you to immediately take a leading position in this business within your city. Since the franchisor company is a popular taxi service provider. People trust him and are ready to pay. You can also avoid potential risks; the franchisor knows the specifics of the market and is ready to share his experience. A novice entrepreneur may face the problem of state regulation of activities, with competitors, taxi drivers who do not work legally (and therefore constantly knock down tariffs). The franchisor knows how to deal with these problems.

Now large companies are seizing the markets for transportation services and the old agencies have no choice but to close their business or buy a franchise. Before purchasing a franchise, it is worthwhile to study the terms of cooperation well, so you can avoid inconveniences in the future. So you have purchased a taxi franchise. What are you getting? You can count on working under the name of a popular brand, on an operating cool center, a mobile application, as well as practical recommendations for working with drivers. In fact, the franchisee can only control the quality of the services provided, and all the administrative work is carried out by the franchisor. Also, the franchisor takes care of the well-organized work of the taxi service itself. He will help organize work in such a way that competitors cannot in any way influence the flow of customers and the demand for services.

What might the cost of a franchise depend on? The price is calculated based on the residents, the city in which the transportation will be carried out. Also, the cost is influenced by the state of the taxi fleet. In this case, the franchisee will need to invest in a taxi company and a lump-sum fee. Some franchisors do not provide for monthly payments (royalties). When concluding a contract with each client, the conditions are negotiated separately. So, the taxi franchise benefits: minimal investment (and sometimes they are reduced to zero); losses and risks are practically absent; in the future, you can receive a guaranteed stable income; the franchisee gets access to the software of a well-known company, automatically becomes its representative; no need to invest in advertising and software development; you get a steady influx of customers, due to the reputation of a popular company, you need to bother with pricing, opening a cool center; additional benefits from cooperation are provided, for example, the possibility of purchasing cars with discounts, preferential car insurance. What else can a franchisee count on? Training and ongoing support.

This means receiving explanations and training on working in mobile applications, providing training and special programs to improve organizational issues, service service. The franchisor can also assist in choosing a special business model, choosing a location for a taxi fleet, obtaining licenses, and building and maintaining a customer base. You can also count on legal support, assistance in recruiting drivers, and administration. How to choose an up-to-date, and most importantly, income-generating taxi franchise? First, you need to conduct a study of all the available proposals. What should you pay attention to? First of all, on the reputation of the company, is there any data on the Internet. Choose the suitable options, compare them and contact the franchise company. You can request from the company all permits for activities, licenses, certificates.

This will save you from interacting with scammers. An honest franchisor will not hide their constituent documents, as a rule, such players have everything transparent and accessible. When buying a franchise, there is a risk of acquiring a dummy in the form of a non-working Internet application or page. For a complete list of current offers, take a look at our online catalog. We have collected the most relevant offers for you, broken down by the cost of your investment. On our site, you will find only verified franchise sellers. Start your success with our catalog.

The royalty-free franchise has gained widespread popularity among entrepreneurs picking their business ideas, with a complete lack of interest in the sale received. The royalty-free franchise is provided by our company USU Software, providing partnerships with various enterprises. There are many royalty-free franchise applicants, but the main thing is to consider what kind of business idea you are taking. You are able to purchase a royalty-free franchise in partnership with our long-standing company USU Software. After purchasing a royalty-free franchise, the collected list of documents regarding the project is assigned to the entrepreneur, ready to use. You are able to develop the project actively, cooperating with representatives of our company, with a detailed implementation of the strategy, according to the profile of the desired form of activity.

A royalty-free privilege is the best turnkey project choice, reasonably reducing the various risks and expectations of failure. First of all, for a ready-made business, you need to go through the negotiation stages with our team, which help you understand the need to choose a specific point of view, with a detailed review of the project and translated documents. A royalty-free privilege goes a long way in growing your business as there are many areas of content in their arsenal that are sure to interest customers. Any franchise in the form of a project worked out in detail by our specialists, with the possibility of forming the most beneficial client plans. Using the opportunities to create a royalty-free privilege business, it possible to build a strategy that successfully shows what the leverage should be for fruitful work. For a gratuitous franchise, you can get additional advice on marketing and advertising nuances, with a list of information on raising wholesales. The best way is to buy a small idea from the manufacturer, tested with reviews, which you can read in the comments of our site.

Before buying any size project, you need to carefully prepare for choosing the right direction of the strategy with subsequent development in different directions. If you want to develop within the current trends, you should familiarize yourself with the royalty-free franchise offered by our company USU Software, in accordance with the availability of various programs and projects in a modern format.

In modern times, the franchise business in Thailand is very popular and has a massive distribution. The largest number of franchise businesses operate in the food, retail, and service sectors. The territory of Thailand, with the developed infrastructure of year-round international tourism, numerous resort areas, cheap and well-educated labor force is a good ‘soil’ for the rapid development of the franchise business and the opening of franchise outlets. More than 10,000 franchisee entrepreneurs work in Thailand, using trademarks of leading, sought-after, well-known, and popular trade brands, and more than 400 international franchisor companies operate under their own registered trade logo. The franchise biz in Thailand is not regulated by special strict laws. At the state level, franchising is protected and supported by general legislative law under the Civil and Commercial Code, and the conclusion of a franchise agreement is a mandatory requirement under the law, which enshrines the rights and obligations of the signers of the contract.

Under the franchise agreement, the franchisor company transfers to the franchisee entrepreneur the commercial business principle, skill, qualification, experience, and trademark, and the franchisee businessman undertakes to comply with all the requirements of the franchisor agency. The operation of tax legislation regarding a franchise in Thailand has specific features for the payment of royalties. The royalty amount of 15% intended for foreign franchisor enterprises not conducting their trading and production activities in such place is paid to local, territorial firms in the form of income tax. In addition to the number of royalties, franchisee entrepreneurs pay 15% income tax to the state budget.