In the business world, there is no definite answer about the existence of a franchise with a quick payback and a ready-made recipe for a franchise with a quick payback. The payback of the purchased franchise is influenced by many factors and criteria that can accelerate the franchise business to ‘full sail’ and provide an influx of buyers and clients. First of all, this is obtaining complete information about the franchise owner, how well the acquired brand of the franchiser is known in the region of residence or location at the address of the franchisee. The promotion of the franchiser's trademark and its popularity among the population, where the entrepreneur-franchisee, who has entered into a franchise agreement, lives, largely determines how successful the business will be at the place of sale of goods with the logo of the purchased franchise. The promotion of the brand name is influenced by such circumstances as the conformity of the consumer price, the level of income of the working population, and the sufficient density of population in the region for effective brand distribution. At the same time, the main question arises, how long will the received franchise pay off, how will sales go, taking into account the provision of extensive advertising activities, setting the final, maximum selling price with a wrap up of your margin and covering the costs of paid contributions in the form of a lump sum, royalties, advertising fees and other basic, as well as auxiliary costs.

A reliable business plan with an analysis of market relations and competent economic calculations, its practical implementation in production and trading activities, has a significant impact on the effectiveness of obtaining a quick payback of the franchise. Creating the right business plan and the ability to uncover a business project within a franchise is the main idea behind a quick payback of the franchise. When creating a business plan, it is of fundamental importance to indicate the size of the investment, what funds will have to develop mechanisms for the implementation of the franchise, it’ll be borrowed funds or own resources. Calculations should include project financial indicators for the amount of net profit, after taxes and deductions for the use of credit resources, if any, and the achievement of a break-even point in the calendar time of production or trading activities. The business plan should disclose the existence of own or leased trade payments, sales volumes and the amount of project daily and monthly cash receipts. The project plan describes the seasonality of the upcoming work, trade, and the provision of commercial and personal services, the continuity of work by the hour for one working day, and the calendar period of the production cycle per month, taking into account weekends, sanitary days, the workload of the main, service personnel and the workload of technological and production equipment. It is imperative to provide for the observance of labor protection of staff personnel and the prevention of overworking of the working day, in order to prevent the imposition of administrative fines and inspections by supervisory authorities and work inspectorates.

The effectiveness of working out a franchise with a quick payback depends on the accumulated practical experience of the entrepreneur-franchisee who paid for the franchise, his ability, and understanding of competing in the market of consumers and buyers of goods and services. If a beginner entrepreneur starts his business with an acquired franchise and start-up capital, then the commercial risk of not getting a quick payback is very high. An entrepreneur with experience, he is much better versed in difficult market relations, has the skill of interacting with his commercial rivals, the ability to timely protect himself from the competition and calculate in advance options for possible losses and losses in business. Accordingly, a merchant with experience is more likely to achieve a quick payback on the franchise. Marketing research, prior analysis of the market, service market, and consumer demand of citizens, before paying the franchise, make it possible to quickly put on the ‘rails' and recoup the franchise. The combination of these factors as a whole contributes to the quick acquisition of the purchased franchise, to establish a business process for the successful implementation of the set goals to achieve maximum profit in the franchise business. The main thing is not to stop at the difficulties that have arisen and the ‘barriers’ that have arisen, to continue the continuous process of education and training, to master new horizons and comprehension of buying a franchise, to move forward, and then a quick payback will come by itself.

Franchise and franchisee are very closely related concepts. If you are interested in a franchise, then upon acquisition you become a franchisee. This is a very profitable business, in the implementation of which you only need to follow the rules and provided by the franchise regulations. You don't have to come up with something new, re-composing a business process, carrying out other difficult operations. It is only necessary to purchase a ready-made business, which is called a franchise. A franchisee is a person who acquires the right to use the tools that any eminent company uses to build a business.

You don't need to come up with anything from scratch, you just need to use a ready-made concept. In addition, the name is already well-known, which means the costs of increasing the level of brand awareness are significantly reduced.

As part of a franchise, the franchisee must only convey to their consumers the fact that a local representative office has opened in the region. It is much cheaper than promoting an unknown brand from scratch. A franchise can be coffee you buy nearby cafe in the morning, a shop where you buy, a pizzeria that has a world name and is located in the neighborhood of a local consumer.

Franchises are everywhere and growing in popularity. A ready-made business opening a franchise model permits the franchisee to simply invest the available financial resources into an already tested and functioning business model. You just need to correctly implement provided by the franchise prescriptions. The franchisee almost does not risk anything, since there is a business behind it, a well-known brand, a huge experience that has been collected over many years or even decades of vigorous activity.

Franchising is characterized by a high level of popularity in any country. A person who decides to become a franchisee can simply invest financial resources, recruit personnel according to criteria, build business processes, and get a result. Even the products are often sourced from the country of origin of the franchise. This is very convenient as you can save labor and financial resources. There is no need to create a strategy or work on a brand. All this is already available to you and remains is to launch a ready-made biz model that definitely brings financial resources as a bonus.

The franchisee able to effectively use the acquired franchise, receiving a significant share of financial resources at his disposal. The terms of the franchise are discussed directly with its supplier and may be different. For example, you can constantly deduct a share of the profits, or you can agree on other conditions, it all depends on the owner of the exploited brand.

It is enough just to buy a franchise and use all the experience that has been gained by previous generations of people when it comes to the old trademark. You should be extremely careful and avoid mistakes because any inaccuracies in creating a franchise can be noticed and then the franchisee receives problems instead of profit. But this is not a very common scenario, thus, you need to focus on the correct implementation of office operations.

Following a franchise and adding consistent additions to your company's competitive edge. After all, many franchises use the localization method, when, for example, in McDonald's they sell pancakes if it is located in Russia. If the corresponding McDonald's franchise opens on the territory of Kazakhstan, then the fast-food cafe offers a choice of burger options that contain horse meat for the local population.

A home franchise or an agreement on the use of a certain business idea, implemented in fact in one's own house (apartment, utility room, etc.), has both its advantages and certain disadvantages associated with various organizational and legislative risks. By itself, any franchise, even a home franchise, according to several reputable international organizations, is a kind of way to expand a business. Indeed, if the creators of a profitable and promising entrepreneurial project want to enter new markets and do not make special organizational efforts or waste resources at the same time, they may well do this by concluding franchise agreements with local entrepreneurs. This is beneficial for franchisors since they not only do not bear the costs of developing new markets but also receive an initial payment and monthly royalties from using the trademark franchisee. Those who buy a franchise actually get at their disposal already promoted goods and services known to many customers include tea recipes, production technologies, logistics, and sales models, promotional materials, and even, if necessary, assistance in the selection and training of personnel.

However, in the case of so-called home franchises, additional complications can arise. On the one hand, such franchise agreements, designed for small, sometimes artisanal, businesses, as a rule, involve a small down payment and insignificant monthly royalties. This can be home mini-bakeries, beauty and care services, repair of various equipment, clothing or leather goods, consulting, etc. At the same time, the franchisee needs to know exactly the legislative field in which he is going to work. This issue should not be neglected. Unfortunately, many aspiring home entrepreneurs forget about this and they are forced to scale back their undertakings, for example, because of the protest of neighbors who are hindered by this business from living in peace. It would also not hurt to calculate the tax burden in advance.

Even if you plan to handle the case only by the efforts of their family members, taxes still have to be paid. It is also worthwhile to study the market at least superficially. Of course, baked goods (specially made at home) are a product with a fairly low elasticity of demand. It is always in demand and, it seems, the bakery should just be profitable (especially in a residential area). However, if there are three more similar ones within the next few quarters, fourth prospects are already dubious. But in general, the home franchise is very attractive, given the low costs of acquiring them and setting up a business. With sufficient activity and entrepreneurship of the franchisee, they can cease to be small enterprises and turn into a large business project.