WHAT IS FRANCHISING?

Franchising Is

According to International Franchise Association:

“Franchising is a method of distributing products or services. At least two levels of people are involved in a franchise system: (1) the franchisor, who lends his trademark or trade name and a business system; and (2) the franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Technically, the contract binding the two parties is the “franchise,” but that term is often used to mean the actual business that the franchisee operates”.

Franchising Vs New Business

Buying a franchise offers huge advantages to the entrepreneur – Perhaps the most significant is starting a business with a proven system of operation and recognizable brand. New franchisees can avoid a lot of the mistakes startup entrepreneurs typically make because the franchisor has already perfected daily operations through trial and error.Franchise can be a fresh new start for someone trying to set foot at the door of the business world or for someone looking for the second source of income.

Is Franchising for You?

Starting a franchise has its risks and rewards. The Franchisee will have a great deal of resources to help running the business, including marketing done by the Franchise owner, however it will require time and effort to make the business profitable

In addition, it is important to consider the pros and cons of owning a Franchise.

The Pros

  • There is a business system in place for you to use. Respect it and use it. That’s what you’re paying for.
  • You will receive a formal training program soon after you sign your franchise agreement.
  • As a franchisee, you’ll benefit from the technology that franchisors have in place, designed to help you manage your customers/clients.
  • Franchisors have marketing and advertising plans all ready to go.
  • Most franchisors have great support systems in place. From in-house personnel that man the phones and the central computer systems, to field reps that make in-person support visits.
  • There are other franchise owners who, like you, invested in the system. They have experienced things from the front line, and can help you out with problems that may arise.

The Cons

  • You’ll be required to pay a franchise fee, up-front. This one-time investment is the licensing fee. The franchise fee allows you to use all of the franchisors proprietary information-legally.
  • As a franchisee, you’ll be paying the franchisor a percentage of your gross sales each and every month you’re a franchisee. Percentages vary.
  • You must follow the franchisors’ rules. They are there to preserve the standards of the system. Franchise systems need rules. Rules are not put in place to aggravate you. Please keep in mind that the rules and guidelines are in place to protect the brand of AeroWest
    INDUSTRIES/AeroWest as a whole. While we are flexible and creative in our approach to how we grow our business we must strive to maintain consistent branding!
  • You’re required to purchase your products and supplies from your franchisor. Branding consistency – we are invested in the very best.

For more information about an AeroWest franchise, call us today or click here to complete our Franchise Request for Consideration form.

“Owning a franchise allows you to go into business for yourself, but not by yourself.”

Either way, franchising provides stability and security to new business efforts – an established business model, being a part of regional and national marketing campaigns of the Franchisor, access to customer leads database, and lower costs through group purchasing.

Call Us

Phone (225) 302-5570
Fax (225) 302-5575