At WiseGEEK, we're committed to delivering accurate, trustworthy information. Our expert-authored content is rigorously fact-checked and sourced from credible authorities. Discover how we uphold the highest standards in providing you with reliable knowledge.
In order to buy an international franchise, one should first contact global companies in an area or industry of interest to find out what international franchise opportunities exist. Next, investors should decide what investment amount is realistic and if this will be handled alone or as part of a team of other investors. Make sure to thoroughly check out each opportunity to determine if it is a legitimate opportunity and if there are any legal, regional, or operational limitations to being involved before investing any money in an international franchise or home-based business.
International franchises are similar to other franchises, which are the opportunity to invest in or buy a branch location of a larger international corporation. Just a few examples of international franchises include fast food restaurant chains, golf franchises,and hotel management companies. Franchise buyers also can invest in retail stores, travel firms, green franchises, home based businesses, consumer service and cleaning companies, and even financial and insurance corporations.
These investments offer the opportunity to start or buy an existing branch of a much larger, well established international franchise company that has already been branded and become popular among consumers. Being a franchisee gives you permission to use a trademarked name and take advantage of established resources like training, marketing materials, and ongoing support. That means there is less time spent with start-up aspects of business ownership and more time reaping the rewards.
Franchise businesses allow owners to expand to a much larger market of consumers. The franchise may already be well-known and will be selling established products and services that are in demand, so it’s not as difficult to earn customers and earn a profit. This system can create revenues much faster than trying to start a business from scratch and marketing it to a worldwide market without knowing if it will catch on with consumers.
In some cases, international franchise opportunities are made up of a network of investors who each pay special dues that enable all to earn a percentage of the entire revenue generated by the international franchise. In this way, franchisee teams also share in the various aspects of running the business, from paying business taxes and purchasing equipment to finding vendors. This allows some franchise owners to stay in the background, handling various administrative aspects of the company while others work directly with consumers or vendors.