All About Franchising: Types of Business Services Franchise | business services

One of the profitable types of franchise you can choose is rendering a service. In this type of franchise, you don’t have to worry about manufacturing and marketing a product. What you have to focus on is the service that you must provide for the customers using the methods provided by the franchisor. There are different types of business services franchise available nowadays, namely: direct mail, cleaning, shipping, printing, staffing, and financing.Direct MailSimply put this type of business services franchise refers to the delivery of advertising materials through mail. Direct mail began in the 1950s and has survived the recession pretty well. Compared to other forms of advertising, direct mail is relatively more affordable. E-mail advertising can also be considered as direct mail which has lower costs than print advertisement. Franchisers of direct mail can make their business more cost effective by using recycled paper and employing cheap printing technology.

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CleaningThis type of business services franchise is considered labor-intensive, because it relies on the work of employees for success. Although you won’t be doing the mopping yourself, you have to supervise a team that will do the job. You have to train them according to the methodologies provided by the franchisor. As of July 2011, cleaning services franchisors can earn as much as $36,000 per year.ShippingBusinesses who require shipping of products are the usual clients of a shipping franchise. This type of business services franchise uses carriers for picking up the goods and bringing it to its destination. Shipping franchisers may negotiate with existing carriers to give their customers better rates on shipping.PrintingAlso known as commercial printing or quick printing, this type of franchise became popular since the introduction of quick printers in 1960. Printing franchises use large printing technology to print commercial photos and graphics mostly used for advertisement. As of 2010, there are 6,640 quick printing franchises in the United States, generating annual revenue of $2.9 billion.Staffing

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Considered as the largest sector in business services franchising in the United States, staffing generates $170 billion as its total annual revenue. It usually comes in three types, namely: temporary help services, professional employer organizations, and placement agencies. Among the types of staffing franchise, temporary help services account for 40% of the total revenue.FinancingAlso known as cost reduction franchise, financial service franchise may cater to individuals, small businesses, or large corporations. One of the services offered by a financial service franchise is financial planning for retirees. The franchise employs a team of financial advisors who will provide financial information to customers regarding different types of investments.

Home Based Business Tips To Become Wildly Successful

So you’re living the dream and have your very own home business. You can wake up whenever you want, do as much or as little work as possible, and have ultimate freedom! Unfortunately, this is rarely the case for the majority of home business owners, many of which struggle to make ends meet. If you want to reverse this condition, make your business wildly profitable and experience ultimate freedom, then pay attention to the following home based business tips…

Tip One – Choose Your Vehicle And Stick With It

There are many different vehicles that will get you to the same destination. It’s up to you to choose the one that is right for you and your unique goals. Whether you have an affiliate business, an eBay business, a freelance writing business or anything in between. You need to carefully choose the vehicle (the specific business model) and give it 100% of you focus. If you jump between a whole variety of business models, then you will be spreading yourself too thin.

Focus on one method of making money via a home based business and stick with it until it’s profitable. Don’t be tempted to bounce around and try too many different things all at once, otherwise none of the businesses will end up profitable. Focus is the key to success with a home business.

Tip Two – Have A Set Schedule

When you were an employee, dreaming about owning a home based business, you may have thought how amazing it would be to work from the comfort of your own home. Although there are many benefits to doing this, there are also many distractions that can hinder your progress. This is why it’s essential to have a set work schedule.

You should have a daily schedule that you persistently follow. If you don’t do this, you could find yourself checking Facebook one minute, watching television the next, and then chatting on the phone to one of your friends. Eliminate all distractions during your work schedule and don’t do anything else but work on your business during the designated time!

Tip Three – Seek Knowledge + Take Action

To make a home based business wildly successful, you will need to do two main steps, accumulate up-to-date knowledge and take action on what you have learned. If you can do these two steps over and over again, your will be amazed at how profitable your business can become.

The trick is to never stop accumulating knowledge. The moment your mind becomes shut is the moment when all progress forward will stop. It’s also important to realize that if all you do is continuously learn without taking any action, then you will never become successful. So you must strike a balance between learning new things and also taking action on what you have learned.

Even though running a home based business can be challenging, it’s a very fulfilling challenge that can completely revolutionize your whole life. Just make sure you follow these three home based business tips so that you can make the entire experience run smoother, be more enjoyable, and ultimately become wildly profitable!

Even though running a home based business can be challenging, it’s a very fulfilling challenge that can completely revolutionize your whole life. Just make sure you follow these three home based business tips so that you can make the entire experience run smoother, be more enjoyable, and ultimately become wildly profitable!