Gift Basket Business Blog

Franchising: The Original Basket Boutique

June 2nd, 2006 at 12:47pm Lorie Obernauer

Thinking about starting your own gift basket business? Then think about franchising!

Franchise Development Services describes franchising as a “business marriage” between an existing business (the franchisor) and a newcomer (the franchisee). It provides an opportunity for a new business owner to start a new business and take advantage of “tried and true” methods that have already been worked through by the franchisor.

I recently came across a company called The Original Basket Boutique that offers franchising opportunities in the gift basket industry. Check out their web site to get more information about the details of franchising: your commitments, their commitments, benefits, training and support, costs and a thorough description of how their franchising process works. On the web site, you can also email the company to request information from current franchisees who have been willing to share their stories and experiences with franchising.

Today one new franchise outlet opens every eight minutes of each business day, according to the International Franchise Association. Franchising directly, or indirectly generates $1.53 trillion per year, and creates 18.1 million jobs.

There is also a lot of information about franchising on the internet. Following are some great resources to help you understand how franchising works and decide if it’s right for you.

Wikipedia

Franchise Development Services

International Franchise Association

Entry Filed under: Uncategorized, Business Tips