Top Fitness Franchises For 2014 In CA Top Fitness Franchises For 2014 In CA: ift.tt/1f9xzbF Hi there! Bedros Keuilian here, and Im the creator and Chief Executive Officier of Fit Body Boot Camp, and today, I really want to talk to you about a long-overdue video that Ive been implying to make, which is how to find the very best physical fitness franchise model Top Fitness Franchises For 2014 In CA on your own. Ive done a great deal of study while producing the franchise model, and I wished to share this with you if youre out there looking for the very best physical fitness franchise model to get into. Here are some things you ought to look out for, and here are some things you ought to think about asking the franchisor before getting on board with them. Thing # 1 is, what is the buy-in cost, and what does the buy-in cost cover? Now, usually, every franchise has a buy-in cost, which is a source of earnings for them and its also a source of earnings for them to use for the deliverables theyre going to provide you from the beginning. Thing # 2 to look at is the equipment that youre going to purchase. Many franchise business out there will ask you to purchase the equipment through them, and when you purchase the equipment to construct out the franchise through them, theres a significant markup. Its in your benefit to find out what the equipment cost is going to be, in addition to the buy-in cost, and what your restrictions are-- whether you can shop outside for the very best price cut, or if youre committed to buying that equipment from them. Top Fitness Franchises For 2014 In CA Thing # 3 to ask and look out for is, what are my franchise royalty charges? Now, the basic practice out there is to charge in between 6 % -8 % of your gross monthly earnings, which relying on the service theyre offering and the support theyre offering you as youre on board with them, that may be a remarkable thing, but look at it by doing this-- if your franchise is doing $20,000 / month after, lets state, a year of two of being open, and theyre taking 6 % of that, theyre effectively making money $1200/month on the $20,000 / month that youre making. As you grow your business to $30,000 / month, that 6 % now means $1500/month. You have to ask yourself, Am I getting the equivalent of 6 % of my gross earnings of services, support, and aid from the franchisor? Are they helping me grow, or am I growing the business myself and offering them a larger dollar amount monthly with that franchise cost? Think about discovering a franchise business that has a flat franchise cost of a flat dollar amount. The # 4 thing that youre going to really want to look at is, how long is the term of this franchise? Now, if youre not comfy with the track record of that franchise-- they havent been around long enough and theyre not a huge, national brand yet-- you may not really want to think about signing that 8 or ten or even twenty-year franchise arrangement with them? Naturally, the # 5 thing you ought to think about when looking for an excellent physical fitness franchise model to be a part of is, what is the level of training and support they provide you? As a company owner, your troubles are going to always alter. When you first get on board with the franchise, the # 1 issue youre going to have is discovering a place and negotiating your lease for that location. As you grow, youre going to have marketing and sales troubles? Theyre all good troubles to have, good challenges to have, but if you have the support from the franchisor in helping you work out the lease, guiding you in the size of the location youre looking for, the demographics to open in, youre going to have a higher success rate from the beginning. As you get into your location and you grow your location, youre most likely going to need even more personnel. Is the franchisor capable and able of helping you to hire and train those actual employees that are going to help you out in automating your business so you can actually take a while off? Some of the top 5 Top Fitness Franchises For 2014 In CA, I guess, warnings that I would show you when youre looking for a franchise business model, particularly in the physical fitness market, to go into. Naturally, if you have any concerns for me, if theres any support that I could provide you, you can reach out to me by going to our web sites here:. Visit my blog: ptpower/. ift.tt/1zdp2dS Top Fitness Franchises For 2014 In CA TOP FITNESS FRANCHISES FOR 2014 IN CA : 00:00:05 Top Fitness Franchises For 2014 In CA 00:00:44 Fitness Franchise Opportunity In CA 00:01:24 Health Fitness Franchise In CA 00:02:04 Fitness Franchises For Sale In CA 00:02:43 Best Fitness Franchise In CA ift.tt/1pqFGSF
Posted on: Wed, 01 Oct 2014 17:27:46 +0000
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