Posts Tagged ‘franchise’
Buying an Existing Business: Franchise or Non-Franchise?
April 24th, 2009 | Author: Noobpreneur | 2,652 views
If you are Noobpreneur.com long time readers, you might noticed that I once invested in franchise units. However, I have divested today.
I will always looking for lucrative opportunities and businesses for sale, because I divested not because my previous businesses are bad businesses. Thanks to the recession and economic crisis, customers’ buying power is all-time low, which have a direct impact to my franchise units that are in business service and retailing.
My mistake, at that time,…
Posted in Why Brand Management is Paramount in Franchising
July 19th, 2008 | Author: Noobpreneur | 1,195 views
In relation to my previous blog post about my guest post that seems being unpublished, I decided to publish the post here.
I think I guest the post myself, for you to enjoy :)
Why Brand Management is Paramount in Franchising
Brand management is important for any businesses. However, it is paramount for franchise businesses.
You know what really troubles me in running my franchise units?
No, it’s not really my franchisor who troubles me. Surprise, surprise – it’s…
Brand Management in Franchising – My Guest Post at Small Business Branding Blog
July 10th, 2008 | Author: Noobpreneur | 2,562 views
I wrote a post for Small Business Branding, titled Why Brand Management is Paramount in Franchising. Thanks, Vera, for having me as a guest in your excellent business blog!
I basically highlight the importance (and the real challenge) of managing brand in franchising. I say ‘real challenge’ due the fact that the brand name is not only built by the franchisor, but also by the franchisee.
Please do check my guest post out…
How to Choose the Right Franchise – Episode 2
May 23rd, 2008 | Author: Noobpreneur | 1,300 views
Franchising is hot. It is, in fact, hot for decades.
Why would people buy a franchise unit? What make a franchise appealing?
The number one reason people buy a franchise unit is to cut his/her way into entrepreneurship.
Yes – buying a franchise brings you a few steps ahead of other entrepreneurs. While other entrepreneurs work long hour to trial-and-error their business concepts, not mentioning the amount of resources to push their ‘baby’ to grow, franchisee unit buyers cut right…
How to Choose the Right Franchise
April 12th, 2008 | Author: Noobpreneur | 1,393 views
If you read my previous post about franchise, you might already know that I have several franchise units.
Having a plunge into franchising without much knowledge about it teach me a lot about choosing the right franchise for me.
I have a few tips for those of you interested in owning a franchise unit:
- Don’t buy a franchise unit because it involves your hobby – Your hobby is fun, and running a franchise is hard work, although it can
…
Buying a Franchise – If You Think Owning a Franchise Unit is Easy, Think Again!
March 19th, 2008 | Author: Noobpreneur | 2,632 views
I owned several local franchise units. To tell you the truth, the first time I buy a franchise unit is my effort to cut my way into entrepreneurship. I thought it was easy. It’s not.
I learn franchising the hard way. Many people, just like me, buy a franchise unit with a wrong reason – mainly, they want to take a short cut into the world of entrepreneurship and to live an American Dream – fast cars, house with pools,…
