Should You Consider Franchising Your Business? Do you have a new concept to introduce, or operates an existing business in need of faster growth, or just more demands on capital than you can satisfy with existing resources? Lack of capital is the major impediment to expanding your business. To expand takes money. Whether you are driving an 18 wheeler, an SUV or a passenger car, you need fuel. Money is the fuel you need to expand you business. Of course, you can raise the capital from borrowing the money. But you are face with the dilemma of raising sufficient capital to invest for a new unit or many more without having to stumble upon the never-ending list of financial institutions who might not share the same enthusiasm of your winning business idea as you are. And payback can be really tough when you are putting money into a new business that will probably lose money in the first year and barely break even in the second. The bottom-line is you still end up with a truck load of debts and sky rocketing interests to dwell with when you can only borrow up to your net worth which is simply too low to allow an expansion at a level aggressive enough to capitalize on market opportunities. Well, the fact that you never really make any real money that is liquid enough to help you open several company owned units out of cash flow makes it inevitable to raise capital funds to expand your business if you have the vision to grow your business idea and reach out to the world. The better your business does the more money you will need to invest or borrow to fuel your expansion. Hard to believe? Let’s take a look. Review your own financial statements from last year. Are your profits reflected in your bank account today? Probably not. Why? Because you continue to put cash back into your business to add inventory, hire people, advertise, and update equipment. In doing so, you do increase the value of your business. If only there were a way to get the job done without excessive risk? So what are the options? If you own a business and are reading this article to learn more about franchising, you have already answered that question.
Click here to receive a download link for the most detailed description ever published on how a complete franchise program is created. Keywords: Franchise Consultancy Dubai, Franchise Program Development, Franchising Services, Franchise Middle East ABOUT FRANCORP MIDDLE EAST: Francorp速 Middle East is the largest Franchise Consulting firm in the MENA region. Being a renowned franchise company established in the US, Francorp Middle East provides franchise opportunities to companies with their comprehensive franchising resources including but not limited to Franchise Program Development, Strategic Planning, Legal Services, Franchise Operations Manual, Franchise Marketing and Sales Training through the seamless and coordinated efforts of an in-house team of expert Franchise Consultants. Over the years, Francorp has assisted more than 14,000 companies plan for expansion and to open new franchise through franchise business concept and have developed more than 4000 full franchise program including coffee shop franchise in Dubai and the UAE.
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