As a Head of Franchise Business Development at KarROX Technologies, individuals usually ask me what are the benefits of buying a franchise & how can we get some information about it. I say to them there are number of good solid reasons on why to buy a franchise. Usually if you see, the people who are enquiring about franchise business are the entrepreneurs wanting to start their own venture. They are sometimes confused about what has to be done to get your foot on the ladder & are they making the right choice. Opting for a franchise as a business will give them greater chance to become successful business owner.

Minimal Risk - This is one of the biggest advantages of going for a franchise business. A study suggests around 85% new business ventures fail in first 3-5 years. While buying a franchisee, you are actually buying the established brand & leveraging the benefits of the brand. Also investment wise, it costs a lot lesser than starting your own venture as the processes & systems are in place already.

Marketing Strategy - To develop a marketing strategy for a new business, execute it & make it work takes a lot of efforts & resources. Opting for a franchise will set you apart from totally developing the marketing strategy from scratch. With a proven marketing strategy & with right marketing assistance, marketing the franchise business in local area will be achieved with minimal efforts. Also the business will benefit from the marketing expertise of the parent company.

Proven Model - Starting a new business from scratch is very risky. While buying a franchise you are buying a proven business model or concept that is successful. Also it will benefit the owner in terms of having established operating systems, services, products, marketing, and brand name recognition that can save you invaluable time and money. All this will certainly increase your chance of becoming a successful owner of a franchise.

Support & Training - Once you decide to open up a franchisee, the franchiser will provide you full support on every aspect of business. The franchiser will have all the expertise which will be essential for the new startup. Also it’s in franchiser’s own interest to support you as the brand will be more successful with your efforts. All required trainings will be given by a franchiser for you to be equipped with the Do’s & Don’ts of the business.  The training will certainly benefit you in terms of the business & how to operate it efficiently.

Own your business - The whole idea behind buying a franchise is it’s a risk free, proven business owned solely by you, and it will be left to you on how to make it even more successful.

At KarROX Technologies we provide an opportunity to open a franchisee in IT training. We help students understand Information and Communication Technology and how to apply it better. Partner with KarROX and open up your own IT franchise by filling up the following form at http://bit.ly/ahikRf