Thursday, February 08, 2007

Painting Franchises- a brief outlook

Lots of webmasters, apart from doing biz online, have businesses in the offline world too. Both require hard work and dedication to suceed. Setting up a new startup in a particular field can be difficult. To make it an established player can be an even more difficult job. This is where franchising comes into place.

Franchising is basically a system where one pays a recurring sum to the franchisor in order to use his trademarks and products. The marketing and training costs of the franchisee are borne by the franchisor, and the franchisee can make use of the various facilities offered to cut costs. The earliest example of an attempt at franchising would be Isaac Singer- the man behind the Singer brand of sewing machines. In the 1800's , when Singer employed this model, it wasn't so common. Today, however we have franchises every where- in all fields possible. Let us take an example of paint franchises.

Getting your house painted properly is one of the biggest headaches for a house owner.People who do the job well are in great demand, and are often rewarded with multiple projects. In such a situation,a painting franchise opportunity is something most people would jump to take. You invest a certain amount ( every business requires an investment to set up, doesn't it ?), wait for them to set up everything, do a little spade work yourself, and sit and relax. Both residences and commercial properties are in need of painting, so there is quite a good market out there waiting to be tapped.

Some people manage to break even at the end of the first month itself. I stress on the word some, because it doesn't happen to all. But, if you are somebody who puts in decent effort, there is no reason why you shouldn't be among the ''some''.

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