Investments

You would like to own a franchise, because you believe that is one of the most secure investments a person can make in a business. You want to invest in a stable, popular business. You wonder how much does Baskin Robbins cost to franchise.

Baskin Robins A Proven Business Leader

There is no doubt Baskin Robins has grown from modest roots to become a worldwide industry leader. Irv Roberts started his small ice cream parlor in the 1930’s and served only traditional flavors like chocolate and vanilla. After World War II, his brother-in-law Burt Baskin joined. Today there are locations in 50 countries serving favorite flavors that now total more than 70, yogurt, sherbet, cakes, and drinks.

What Are the Total Costs Involved in Opening a Baskin Robins Franchise?

What does Baskin Robins cost to franchise, what would be your total investment? According to the official website of the store, there are 2,700 stores in the United States and more than 3,100 worldwide. There are several costs to consider:
• Your total investment would be $145,700 to $527,800.
• The initial franchise fee is $30,000.
• The royalty fee is 5.9%.

How Much Actual Cash Will I Need to Open My Own Baskin Robins?

You have seen the Baskin Robins costs to franchise. According to the company’s website, you will need a net worth of at least $300,000. You will need $100,000 liquid assets, or cash, checks, and securities that can be easily converted to meet any number of emergencies you might experience.

Are Financing Options Available?

If the cost of owning your own Baskin Robins franchise store of $145,700 to $527,800, an initial franchise fee of $30,000, scares you, there may be financing options available. The company works with a variety of approved lenders. Baskin Robins itself does not provide financing. The business may be financed through business acquisition loans, equipment loans and leases, real estate loans, construction loans, and other means.

How Do I Apply for a Franchise?

According to the official website of the business, you can apply online. If you do so, you will be contacted by a Franchising Specialist for an initial interview. You will have go through a process that includes having various documents to complete, have a credit check completed on you, have a criminal background check, and prove your assets and your citizenship.

What Kind of a Commitment Would I Be Expected to Make, if I Bought a Baskin Robins Franchise?

Company officials do not expect you to run the company all by yourself. They know you will have to hire others to help you, but you would be expected to be involved. Even if you have another job or business interest, it would be expected that you could leave any other business interest to attend to something important in your franchise.

Is it Right for You?

Owning a Baskin Robins franchise can be profitable. You will have to consider all the facts to decide such a business is right for you.

Popularity: 33% [?]

Technorati Tags: Franchisee, Franchises, Franchising, Franchisor, Free, hot dogs, hotdog carts, invest, investing, vending business

Tags: Franchisee, Franchises, Franchising, Franchisor, Free, hot dogs, hotdog carts, invest, investing, vending business

Would you like to go into business for yourself, but are not sure where to start? Many franchising opportunities exist that will give you a head start and also provide help in building your own business. If you are ready to work for yourself and have the drive and desire to succeed, here are some great franchising opportunities for you to choose from!

Top Franchises in 2008:

1. 7-Eleven: Named the top Franchise of the year, this company will provide you with support and training.
Fees and Costs may vary, but the company provides great marketing and national exposure. For further
information, call (800) 255-0711.

2. Subway: With a nationally recognized name, this sandwich shop is a great opportunity for those looking to own their own business. Fees are approximately $15,000 and you can expect to invest between $80K -$310K
to open your own store. Please call (800) 888-4848 for further information.

3. Dunkin Donuts: If you are looking for a more moderate investment, consider starting your own Dunkin Donuts shop. Fees and Costs will range from 40K-80K, but will give a great return on investment. For more information please call (781) 737-3000.

If you desire to find great franchising opportunities, but are dealing with a limited income, here are some ideas to consider!

1. Liberty Tax Service: Known as one of the fastest growing businesses, Liberty Tax Service provides a proven
success format. Fees and Costs will range from $53K-67K.

2. Closetmaid: If you enjoy helping people to get organized, consider Closetmaid. Learn to design, sell and install custom closets. Fees and Costs are moderate at up to a $25K investment. Business can be run from home and materials are easy to assemble. Company provides a one week intensive training program as well as extensive start-up materials.

3. Coffee News: Does the thought of running your own newspaper interest you? Check out Coffee News! Originating in 1988 in Winnipeg, Manitoba (Canada), you will be given your own territory and be able to reap the benefits of a popular newspaper. Place your product in restaurants, motels, beauty shops, etc. Company provides great support and training. For more info, please visit http://www.coffeenewsusa.com/.

4. PaintBull: Are you looking for a business with minimum investment and a turn-key proven system. PaintBull is your business. Start up costs can be as little as $5K and the company will train you from the start. They offer a great apprenticeship program and follow-up support. PaintBull also offers a financing plan and can be run from your home. For further information, go to http://www.paintbull.com.

These are just a few ideas of franchising opportunities to choose from. Running your own business can be very gratifying and rewarding. Just because you have to work doesn’t mean you shouldn’t enjoy what you do. With all the businesses available, you are sure to find something that will make you successful.

Popularity: 24% [?]

Technorati Tags: Franchisee, Franchises, Franchising, Franchisor, Free, hot dogs, hotdog carts, invest, investing, vending business

Tags: Franchisee, Franchises, Franchising, Franchisor, Free, hot dogs, hotdog carts, invest, investing, vending business