Starting a Franchise Business To Be An Entrepreneur

In a closely connected world, many people have been in jobs that needs round the clock attention. But without the uncertainty of promotion, pay hikes, it leads many to think if they are ready to walk out of their corporate job and start a new business in their professional career.

Many people have taken interest in becoming entrepreneurs and significantly, a franchise owner as they grow desire to take control over their schedules and professional outcomes.

As per the International Franchise Association (IFA), approximately 1.7 percent increase is expected in business franchises that will lead to a 3.14 percent job increase in 2016. Additional 2,78,000 jobs will be accounted within this year. These positive projections ensure that starting a franchise business can be a brilliant choice for those in the pursuit of entrepreneurship.

Franchise business that offers freedom and security of an already established brand will be of great opportunity for many people who wish to explore. The reason behind the franchise entrepreneurs to be independent, initiative, innovative and adventurous is said to be that they are prepared to face new challenges, solve problems and build networks on national and local levels. These are the universal acceptable characters and if you have these, you could be on your way to being an entrepreneur. If you feel you are awarded with these traits, it can be a positive sign to start a franchise business on your own.

The first initiative to start a franchise business is to identify the one that best suits your personal talents and professional needs. Although the options are countless, know that there is a franchise that can define where you are now—and where you want to be in the near future. While researching, pay more attention to the franchises that boost up your success, both professionally and economically. Most of the franchises, like LEXY, take pride in participating and guiding new entrepreneurs every step on their way. These steps can be, but not limited to, site selection, factory design, business development and training. Through focusing on the new franchisee, an experienced franchise acts as a support channel that will make new business owners feeling well-trained, confident and empowered as long as they are in the business.

If you are intuitive to have more control over your schedules, professional outcomes and financial stability, starting a franchise may be the crucial decision for you. Walk in to the LEXY franchise development member to get your doubts cleared and find help in accomplishing your goal of becoming an entrepreneur.

Starting a Franchise Business is Easier and Safer Forever....

Are you ready to be the owner of your business and take control of your financial situation? But starting from the scratch requires innovative ideas, developing a brand, formulating a marketing plan, and establishing a business system. If you are interested in getting started and running profitably quicker, franchise can be the better solution. Starting a LEXY franchise may be the best option and the right choice too.

Opening a franchise business is same as starting your own business, setting up of an established brand can give you kick start on success. The LEXY franchising opportunities are backed by ongoing support and training by our experienced representatives. The LEXY franchise also has an established business system. This proven business system will give a way to achieve your business success easily.

Still not satisfied in investing on your own the LEXY franchise? Apart from the potential benefits of building on a well-known and experienced brand, running your own franchise business with the LEXY can be truly easier than you think.

Good Time to Start

The initial and easiest step is to contact the LEXY. One of the LEXY franchise development members will guide through the local opportunities and helping you take your first initiative.

Once decided to open your franchise business, you will participate three weeks of on-site training help to develop the necessary skills and technical knowledge to manage and drive your business. The LEXY state-of-the-art training program that includes production, machines and tools handling, chemical handling and safety measures, as well as lively classroom instructions and interactive workshops to run the business efficiently and effectively.

Easy Steps to Set Up and Running

Once you have been granted your own franchise, one of the first steps will be finding your factory location. You can join hands with LEXY franchise team to find your suitable location to start your franchise business. After selecting your site, LEXY may help your grand opening. From marketing campaigns to public relations, the resources that come with the LEXY franchise are engineered to accelerate growth and create brand awareness and set you on the pathway to assist you to achieve your business goals.

Financing Your LEXY franchise

Like any other business, starting up the LEXY franchise requires an up-front investment. For those who wants to achieve their business ownership dreams, the LEXY financing advice allows you to pick the best financing options for you, your business goals, and your personal situation.

Benefits of Investing in a Franchise

Owning a LEXY franchise claims you to be your own boss and facilitate to meet the work – life balance. It assures you to make business decisions with proper guidance and prompt support from the experience brand.

The benefits of LEXY franchising can be profitable and help you figure out potential operational cost savings, you can better manage your prioritized expenses. Moreover this is the right time to invest in LEXY franchise as the international Franchise Association has given out statement that the financial output for franchisees will grow by $52 billion in 2016 and this figure may be doubled in 2017. So be confident in taking a franchise business to drive business profitably quicker and faster.

Starting a LEXY franchise isn't as difficult as you might think. With The LEXY, you will have the support of a national brand with a proven track record, convenient financing options, and state-of-the-art-training programs to assist you on your business journey. It may seem like a big challenge, but LEXY franchise is with you in every step towards your success path.

If you are ready to take the first step toward opening your own LEXY franchise, please visit www.lexy.in for our opportunities and benefits.

3 challenges keeping new franchisees to stay back and how to succeed them

In the changing economical scenario, running a franchise is a challenging Endeavour for any entrepreneur. It creates a great opportunity to run your own business with proven business model that has been proven to be successful. But it doesn’t mean running a franchise business is out of bets or challenges. Several questions will arise in your mind about the challenges of getting started and carry growth: such as Am I ready to run the franchise business? Can I achieve success on my own? Will I have any free time? Although many challenges may cause you concern, these are the primary bets or challenges that can be succeeded easily than you think. Once you understand the benefits of franchising and take the right approach, you can face any bets or challenges that you come across in your business runway and turn them into better business opportunities.

Before making an investment, ensure that you have the answers to the common startup questions. They will be useful at the time of facing the biggest possible challenges as a startup franchisee.

1. Do you have enough time to spare with your family?

Like any other businesses, running a franchise needs time and effort to be successful. Before taking in to ownership, make sure you have enough fund to dedicate to your investment. Because you purchase a franchise with an already established brand, you can’t think your startup franchise will suddenly grow as it depends upon the time and hard work. Keeping this in mind, you may start working and wonder if you will ever have time to see your family.

Apparently, you are the own boss of your owned franchise business. You can set your own time schedule and close on any holidays you want. Even though growth requires continued efforts, you can prepare your time schedule flexible- especially at the beginning. When you feel like you are not spending enough time with your family, plan to work hours when children are at school or play.

2. Every growth will have a back support. Do you have it?

Starting a franchise business on your own can be an extremely awesome task. Although your family supports your efforts by encouraging you along the way, do you have the tools needed at your disposal?

As stated earlier, the franchisee is the sole determinant of his business success, many franchisor will provide adequate resources and services to assist you in the operation of your business. Before opening your franchise, make sure what is available to you from the franchisor and decide it will be enough to run your business. Most franchisors offer a variety of support options, such as financing options, marketing and technical support.

3. Are you trained enough in taking up a franchise?

If you have never owned a business before, you may not know where to start. Attending franchisee training before picking a location is a smart idea.

Whether you have owned multiple business or just left the corporate job to start you won business, knowing what you were doing before will yield tough experience. Make sure you participate in training that will educate you what to expect, when to start, how to handle it and which business system and procedure will make you successful. An established franchisor will generally offer some kind of business management training program to assist you in making your own platform to run your business.

After becoming a franchise owner, every little thing needs your attention to perform. Even if you have previous business or management experience, there may be new skills you should master to be successful. Your training session should be included in all aspects of running your own business.

As a new franchise, it is common to have untold fears about what bets or challenges you

Will face and how to succeed them. After all, Owning and running your own business needs hard work with no guaranteed success. However, if you join hands with an experienced and supportive brand having large scope of franchise opportunities, such as those with Lexy Franchise, you will have adequate resources and proper guidance you need to run your business that is profitable and rewarding. 

Advantages of Buying a Franchise

1.  Higher Success Rate - Franchise that you are buying is an established concept and successful. Moreover statistics reveals that franchisee succeeds better than the people who start their own business. 
2.  Buying Power - Inventory and supplies will cost less than if you were running an independent business.
3. Star Grade: Both new and established franchisor would gain brand-name recognition quickly.
4. Help with Start Up and Beyond: As a new franchisee, you would get all the equipment, supplies, and instruction or training needed to start the business. In many cases, you also get ongoing training and support with management and marketing.
5. Profits - A franchise business will yield more profits than individual business.