Which would you rather be? a franchisee, or a franchisor?

by chewmike

Posted: 13 years ago 18 replies

INTERNET MARKETING

Hello to all warrior members,

I would just like to to hear your opinion. Operating one of the free stores, is kind of like being a franchisee, but focusing on building a network of people who buy the products, do the business or get free stores is kind of like being a franchisor. Which would you rather be? A franchisee, or a franchisor?

#ecosway #franchisee #franchisor #free store #network marketing

LegitIncomes

13 years ago

Originally Posted by chewmike

Franchiser. No doubt. Easy Answer.

Thanks
2 replies

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Johnny Optimo

13 years ago

A 'franchiser' or affiliate program is generally in a much better position than 99% of its affiliates

Thanks
2 replies

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Jackson62

13 years ago

Totally agree.

Being a franchisee is just like buying a job.

Being a franchisor is being a business owner and entrepreneur.

Thanks
3 replies

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Shawn Anderson

13 years ago

I agree with all the above posts, but they both do have their own merits.

Pros

Franchiser-

You are at the top of the food chain
Ability to sell off the brand as a whole if you chose to
Unlimited scaling availability
Set your own price point

Franchisee-

You are walking into a proven system
Branded right out of the gate
You know exactly what your profit rates are to start
Exact blueprint of what to do

Cons-

Franchiser-

HUGE risk on a non proven business
Unbranded to start
A new business usually takes 4x the amount to start than anticipated

Franchisee-

Never TRULY your own boss
A % of your revenue will always go to someone else
Selling your business you don't necessarily get to do
You now not only have a boss, but employees as well

-Shawn

Thanks
2 replies

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AprilCT

13 years ago

I'd love to choose franchisor. For instance, creation of a chain of pizza/wings/pasta etc.-type family-oriented restaurant. I've always been able to be very creative with normal, every-day foods and put my own ideas to work. A franchise would stifle my abilities and would make me very unhappy.

A lot depends on whether you like to follow rules or make your own. My preference would be the rule maker with food (and a few other, different things.)

Primarily, your interests and abilities would determine which way to go, not which way you want.

Thanks
1 reply

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chewmike

13 years ago

Originally Posted by AprilCT

Thanks for your opinion. A good and inspiring idea.

Thanks

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chewmike

13 years ago

Originally Posted by myshovel

I agree with all the above posts, but they both do have their own merits.

Pros

Franchiser-

You are at the top of the food chain
Ability to sell off the brand as a whole if you chose to
Unlimited scaling availability
Set your own price point

Franchisee-

You are walking into a proven system
Branded right out of the gate
You know exactly what your profit rates are to start
Exact blueprint of what to do

Cons-

Franchiser-

HUGE risk on a non proven business
Unbranded to start
A new business usually takes 4x the amount to start than anticipated

Franchisee-

Never TRULY your own boss
A % of your revenue will always go to someone else
Selling your business you don't necessarily get to do
You now not only have a boss, but employees as well

-Shawn

Thanks Shawn for sharing your ideas. You have your points. Cheers.

Thanks

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dadamson

13 years ago

Originally Posted by Jackson62

Totally agree.

Being a franchisee is just like buying a job.

Being a franchisor is being a business owner and entrepreneur.

Agreed.

Most people here on this forum are here to change their lives, they're here to take CONTROL of their lives.

IM is the ultimate 'job' - you set your own rules and live your own way.

IMO, If you're answer is 'franchisee' you are probably less likely to go full time in IM, your mentality would keep you in a 9x5

-Dave

Thanks
1 reply

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chewmike

13 years ago

Originally Posted by dadamson

Thanks Dave for your opinion. Most importantly, we must take CONTROL of our lives and set by our own rules and own way, flexible hours and much freedom.

Thanks

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chewmike 13 years ago

Originally Posted by Jackson62

Totally agree.

Being a franchisee is just like buying a job.

Being a franchisor is being a business owner and entrepreneur.

Yeah, i agree with you, too.
- Thanks
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chewmike 13 years ago

Originally Posted by Johnny Optimo

A 'franchiser' or affiliate program is generally in a much better position than 99% of its affiliates

I agree with you.
- Thanks
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chewmike 13 years ago

Originally Posted by LegitIncomes

Franchiser. No doubt. Easy Answer.

I totally agree with you.
- Thanks
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Psst Banned 13 years ago

Is it a matter of choice?
- Thanks
- 1 reply
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- chewmike 13 years ago
  
  Originally Posted by Psst
  
  Is it a matter of choice?
  
  Yes, it is a matter of choice. I think most people would prefer for the better choice.
  
  Thanks
  
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JamesGw 13 years ago

I'd say franchiser, easily. You can make a lot more money that way.
- Thanks
- 1 reply
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- chewmike 13 years ago
  
  Originally Posted by JamesGw
  
  I'd say franchiser, easily. You can make a lot more money that way.
  
  Yes, totally agree with you. That's the main drive in making a lot more of money!
  
  Thanks
  
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pmbrent 13 years ago

Definetely franchisor, I like the idea of sitting back collecting royalty checks and not have to run the business.
- Thanks
- 1 reply
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- chewmike 13 years ago
  
  Originally Posted by pmbrent
  
  Definetely franchisor, I like the idea of sitting back collecting royalty checks and not have to run the business.
  
  Hmmm, totally agree with you. That's the ideal model one is hoping for.
  
  Thanks
  
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Which would you rather be? a franchisee, or a franchisor?

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