Article provided by: College Hunks Hauling Junk Franchising
Starting any business is a challenging process. According to Bloomberg, 80% of entrepreneurs who start their businesses fail within the first 18 months. If anything, this statistic is a perfect reminder that giving your business a solid footing is an enormous task. But what if there’s a business model that allows you to build on the solid foundation others have created? Franchising is that business model and many entrepreneurs have enjoyed the immense benefits of investing in a franchise rather than starting their own similar business. Here are some of the reasons why we think you should buy a franchise in New Orleans
When you invest in Louisiana franchise opportunities, you’re investing in a business model that allows you to collaborate with other business owners. Although you’ll be managing your business independently, collaborating with the franchisor and other franchisees typically brings the following benefits:
- Group advertising resources
- Some decisions are guided by the experience of people who have built successful businesses
- Selling a proven service or recognized product to a customer base that has been anticipating the arrival of the product or service
- Access to training programs that may have otherwise been too expensive or inaccessible for small business owners
- Access to diverse sources of credit facilities
- Operational support before and after launching the business
You have a better chance to succeed when you buy franchises for sale in Louisiana
Research by both the government and private organizations has shown that franchisee-owned businesses have a markedly better success rate than their non-franchise owned counterparts of comparative sizes. When you buy franchise businesses for sale, you have a statistically better chance of survival than establishing your own business, even if you offer similar products or services.
The reasons for this are not far-fetched. When you buy a franchise in New Orleans, you’re becoming a part of a business that already has a well-defined organizational structure. The business is already past the incubation stage and has overcome most of the challenges that prove fatal for small businesses. Furthermore, the product or service is well-known already, and a lot of potential customers are already anticipating the arrival of the business. These factors make it easy for franchisees to quickly plant their feet on the ground and get the business running.
You can make more money by buying a business for sale in New Orleans, LA.
Most people are skeptical about buying a franchise in New Orleans because they believe they’ll be sharing their profit with the franchisor. As much as this is true, you should also know that businesses do not turn a profit overnight. If you can key into a franchise opportunity that fits your skills and interest, you have the potential to make more money, even after taking the profit-sharing into account. Moreover, franchises are known to experience explosive growth, and in no time, you can move from owning one store into managing multiple outlets.
Contact us to buy a franchise in New Orleans
Are you looking for the most promising New Orleans Louisiana businesses for sale? Do well to get in touch with us at Franchise Mentor. We have been handling franchise negotiations for more than 15 years, and we’re proud to be among the top franchise consultants in the country. We recognize the potential inherent in buying a franchise, but we also know that prospective franchisees need all the help they can get before taking the giant step. Get in touch with us today, and we’ll walk you through everything you need to know to make the right decision.
Buy A Franchise New Orleans
View Larger Map