Franchise Know-How
FRANCHISEE INFO
 
 
June 30, 2010  
Greetings!
 
 This issue has something for everyone. From starting a franchise to going international to the best franchise opportunities of the decade.
  
Now you can view past issues of Franchisee Info and review  previously published articles.  Click the link to visit our new Archive Home Page.
  
Franchising your Business? Start with a Financial Model
 
 
Individuals looking to franchise their business should start the process by building a realistic financial model. This article provides a blueprint for franchising a business with an emphasis on the importance of using a realistic and conservative financial model.
 
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Are You Ready to Franchise Internationally?

  
  
 At some point in time, franchisors will start receiving inquiries from international prospects.  For new and emerging franchisors, an interest in their franchise from other countries can be flattering. Before a franchisor decides to export their franchise concept to other countries they need to perform some self analysis and make sure they're fully prepared for this new venture. Here are the important steps to follow before entering foreign markets.
 
The Best Franchise Opportunities to Invest In 
 
 
 
Investing in the right franchise opportunity requires the gathering and analyzing of a great deal of information. Choosing a franchise based upon current or short term trends should not be the criteria. The demand for products or services during the next decade is more important. This article provides a look into the future and where the best franchise opportunities will be. Some of these may surprise you.
 
 
Attn: Franchise Industry: The  "Smart" Phones are Coming!
 
 

Get ready for mobile websites and promotional texting.There are a reported 285 million cell phone subscriptions in the United States. You'd be hard pressed to find someone in the U.S. without a cell phone.

Smart phone sales are projected to increase 34.5 percent this year, which is faster than the overall mobile phone market, that is expected to grow 4 percent, according to Strategy Analytics, a Boston based market research firm.

The new smart phones are basically mini computers, with the processing power of laptops from a couple of years ago. These smart phones can surf the Web, stream music, download apps ranging from navigation to news, update social networking pages and perform a myriad of other functions. When it comes to ordering products and food to receiving promos,  smart cell phones will increase in usage.Franchisors and franchisees will need to adapt in order to participate in this technological phenonum.

We hope you find our newsletter helpful. If you have any comments or suggestions regarding content please send us an e-mail. 
 
 
Sincerely,
 
Ed Teixeira
FranchiseKnowHow
 
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