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FRANCHISE BUSINESS IDEAS : Small Business to Franchise Owner6 months into her small business, Bev Halisky wanted to expand her "Driving Miss Daisy" transportation service for seniors and the disabled into a franchise. But she had no desire to hire employees and become responsible for their welfare. Nor did she want the expense and administration of purchasing and maintaining a fleet of vehicles. So with some thought and a bit of advice, Bev Halisky created a franchise operation. Bev's son-in-law was important in helping her choose a franchise lawyer, who in turn started the ball rolling on a trademark for Driving Miss Daisy in Canada, a 2 1/2-year process. She had a prospectus drawn up and was ready to sell franchises to people who wanted to provide the driving service in their area. People began coming forward almost immediately, wanting to become owners. They supported her belief that, if people really wanted to engage in this work they could buy into it. Initially, 4 people were lined up anticipating the final paperwork for the franchise, and each paid Bev $10,000 as well as a monthly $300 administration fee pervehicle to be part of this business. New franchisees were located in Edmonton at first. Nine months after starting Driving Miss Daisy, Bev found herself needing to focus on expanding the franchise. So she sold the "St. Albert franchise", her home base, to someone in whom she felt confident. She's always been particular about those to whom she offers her franchises: "I always say I hand pick my Daisies. If they don't seek me, I don't sell to them. I just feel we have to be a certain kind of person. You have to be doing this for the right reasons. If you're doing it to make a lot of money, then you shouldn't do it. You need to want to help people, and that's what it's all about. If you go out there to buy a franchise, and you actually turn a profit and make some money, then it's a bonus." Bev sells franchises only in Canada. But she's had a lot of interest from the United States, Ireland, Portugal and as far away as Australia. For people who want to mimic the Driving Miss Daisy concept outside of Canada, Bev offers a consultation package, since she can't sell them a franchise. She provides information to help people within international locations get up and running. She has estimated she's helped more than a dozen people in various places get started. Some add their services to other business offerings, such as home-care services. Most operate their businesses with different names. source: http://www.foxbusiness.com/story/personal-finance/women-in-business/fast-track-franchise/?utm_source=feedburner &utm_medium=feed&utm_campaign=Feed%3A+foxbusiness%2Fwomen_business+(Text+-+Women+in+Business) Franchise DefinitionFranchising refers to the methods of practicing and using another person's philosophy of business. The franchisor grants the independent operator...Franchising IdeasHere are your top 10 most requested business franchise ideas according to citizens in Toledo...Other related Articles: 4 Important Franchise Question to ask Before Investing Feb 26, 2010These are the 4 most important questions to ask before you invest in a franchise...Small Business to Franchise Owner Jan 30, 20106 months into her small business, Bev Halisky wanted to expand her "Driving Miss Daisy" transportation service for seniors and the disabled into a franchise. ...Successful Dog and Cat Grooming Franchise Business Jan 19, 2010The Youngs have grown Aussie Pet Mobile, an international franchise business, to groom an average of 50 animals per week. The time needed and the cost of the ...10 Things About Franchise Contracts September 12, 2009Many people are turning to owning a franchise business as an alternative to the standard corporate job. They’re attracted by the empowerment this business strategy represents ...Recession Proof Franchise Businesses April 23, 2009Talented people are simply victims of our current economic recession. Many people are looking into buying their own franchise business. In tough times like these ...Mrs. Fields Cookies Gives Marketing Tips April 1, 2009If the smell of fresh baked cookies isn't enough to draw customers in during a recession cookie franchise Mrs. Fields Cookies has some ideas to help. ...Franchise Family Photos BusinessLisa and KC Flynn are co-owners of a photography business that focuses on children and families. The studio opened in 2006 and is expecting its first franchise... |
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