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Investing in a Computer Franchise: 3 Figures You Must Know

Are you thinking about investing in a computer franchise? It’s obviously a significant business decision to make, so you need to ensure you’re in possession of all the relevant facts and figures.

This article lays out three of the figures you MUST be aware of before you invest in a computer franchise.

Comparing 3 Computer Repair Franchises

Are you in the process of investigating computer repair franchises with a view to starting a business of your own? This article introduces three of the most well-known computer repair franchises, and provides a brief introduction to each.

Invest in an IT Franchise or Start from Scratch?

Are you unsure whether you should invest in an IT franchise or start a business from scratch? This article doesn’t seek to answer the question for you, but instead presents you with five questions. The answers to them should help you gain clarity on which option is most suited to you.

  1. Do you have a clear idea of the kind of work your business will perform? If not, then the structure of a franchise business could help you find focus.

  2. Do you already know how to begin your sales and marketing campaign? If you do, you could quickly begin to build a client base. If not, the sales support an IT franchise operator could provide may help you get started.

  3. Do you prefer to work alone? If you don’t like being “managed” and given a process-driven way to do things, an IT franchise probably isn’t right for you.

  4. Are you certain you’re “in it for the long haul?” If working for yourself is more of an experiment, the financial commitment of a franchise investment is perhaps best avoided.

  5. Do you have much capital? Most IT franchise opportunities require substantial up-front capital. It is arguably less expensive to start a small business by yourself.

 

What other questions do you think are important when choosing between an IT franchise or starting a business of your own? Share your ideas in the Comments box below

 

And to follow-through on the ideas introduced in this short post, be sure to download your free copy of the quick reference guide to the 13 Computer Franchises that Start Up and Support Computer Repair, IT Consulting, and Managed Service Provider Businesses

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Creative Commons Image Source: flickr Allan Ferguson

Investing in an IT Franchise – Three Questions to Ask

Are you wondering about investing in an IT franchise business? If you’re getting close to “signing on the dotted line” and handing over some investment money, here are three essential questions you should ask of the franchise operator, if you haven’t already.

  1. Can I speak to some existing franchisees? It’s essential that you get some feedback from existing franchisees to get a good idea of how they feel about working with the franchise operator. You may find out some information that puts you off. If at all possible, try to speak to some franchisees independently – the franchise operator is sure to only put you in contact with franchisees that they know will have positive things to say.

  2. What are the ongoing costs? Many IT franchise businesses have ongoing costs above and beyond your initial franchise fee. Make sure you get all the details of everything you will have to pay for – now and in the future.

  3. Who will I be dealing with? Make sure you know who you will be interacting with on a daily basis once your business is underway. Make sure you speak to these people and form a good relationship with them. The team who deals with the initial franchise purchase may not necessarily be those you will deal with operationally – so ensure you’re clear on this important detail.

 

What questions do you think are essential to ask before investing in an IT franchise? Share your views in the Comments box below

 

And to follow-through on the ideas introduced in this short post, be sure to download your free copy of the quick reference guide to the 13 Computer Franchises that Start Up and Support Computer Repair, IT Consulting, and Managed Service Provider Businesses.

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Creative Commons Image Source: flickr i_yudai

Computer Franchises – 5 Essential Qualities for Success

If you’re currently researching computer franchises, it’s wise to consider whether such an investment is right for you. This article examines the kind of people who typically make a success of computer franchises, and lists five of the personal qualities they usually possess.

  1. Drive and determination. A computer franchise is like any other business, in that it takes time and effort to establish something that is well regarded and profitable. This often means late nights hunched over a keyboard and weekends spent working.

  2. Business Acumen. Running a successful computer franchise isn’t just about technical skills – there’s bookkeeping, sales, marketing and admin to think about too. Successful computer franchise owners have wide skillsets and are competent with these other tasks too.

  3. Flexibility. Computer franchise owners have to sacrifice some control, compared to those who run completely independent businesses. Sometimes things have to be done in set ways, as prescribed by the franchise operator. Successful franchisees are flexible enough to comply without complaint.

  4. Resilience. All businesses have good times and tough times. Successful franchisees, like all successful entrepreneurs, need the resilience to continue on despite the inevitable awkward customers, late payers and cash flow problems.

  5. Technical Skill. Last but not least, owners of the most successful computer franchises possess strong technical skills. Even though some franchise operators state that technical knowledge isn’t mandatory, it certainly makes life easier when the proprietor possesses it.

 

Do you feel that you have the essential qualities required to make a success of computer franchises? Let us know in the Comments box below.  

 

And to follow-through on the ideas introduced in this short post, be sure to download your free copy of the quick reference guide to the 13 Computer Franchises that Start Up and Support Computer Repair, IT Consulting, and Managed Service Provider Businesses

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Creative Commons Image Source: flickr schani

Why Rescue Geeks Differs from a Traditional IT Franchise

If you’re researching the array of IT franchise opportunities out there, you may have come across Rescue Geeks

Rescue Geeks isn’t an IT franchise in the traditional sense, mainly because you can get involved without paying any up-front franchise fees. The Rescue Geeks operation instead makes its money by outsourcing work to you and taking a portion of the revenue.

What Work is Involved?

The Computer Troubleshooters Franchise – Some Facts and Figures

A Computer Troubleshooters franchise is a popular business choice for many technical entrepreneurs. With over 400 individual franchise operators across 28 countries in 2012, Computer Troubleshooters is one of the most well known IT franchise opportunities globally. This article explores some of the key details about this franchise.

How to Make Your IT Franchise a Success

If you’ve recently partnered with an IT franchise firm, you’re obviously keen to do all you can to make your new business a success. Here are three simple tips to help you do so.

  1. Accept the long hours. An IT franchise business is neither a job, nor a moneymaking investment; it is your OWN business. As such, you shouldn’t be surprised when you have to invest time developing it into a success. Obviously, it’s important to maintain your work/life balance, but starting a business takes time and effort—so be ready for some evening and weekend work.

     

  2. Work with the franchise operator. The support you get from your IT franchise operator is essentially why you invested money in a franchise rather than simply starting an IT business from scratch. So make sure you work with the operator and not against them. It’s in everyone’s interests that your franchise is a success.

  3. Make use of all marketing and training resources. Again, these IT franchise resources are part of why you paid a franchise fee, so make sure you utilize everything you’re offered. Training courses, for example, are worth money, and will bolster your CV in the future if your career takes a different direction.

 

What do you think is essential to make an IT franchise a success? Share your views in the Comments box below

 

And to follow-through on the ideas introduced in this short post, be sure to download your free copy of the quick reference guide to the 13 Computer Franchises that Start Up and Support Computer Repair, IT Consulting, and Managed Service Provider Businesses

Click me

 

Creative Commons Image Source: flickr StockMonkeys.com

 

Computer Franchises – Three Different Types

If you’ve begun to look into the various computer franchises offered as business opportunities, you’ll know you’re spoiled for choice.

If you’re finding it hard to decide on the right opportunity for you, then it’s useful to break things down a little: Fundamentally, there are three different key types of computer franchises, all specializing in a slightly different area of IT services. This article explains the three types, which will hopefully help you to narrow down your choices a little.

Computer Franchises For Sale – Where to Find Them

There is no shortage of computer franchises for sale all over the world, and there are so many different opportunities out there that it really is in your best interest to shop around before you decide which business is right for you.