We begin the story with a young cleaner working hard out in California. He created a unique idea of a brand new app which allowed better and more flexible communication between himself and his friends. Even though he had this great idea, he had no savings to draw upon in order to put his plan into action. So, he needed help and called on his close friend Brian Acton to help pursue his dream.
Let’s move forward 22 years, and this young cleaner has now become one a millionaire. Not only is he a millionaire, he is now one of the richest people in the world. This cleaner was in fact the founder of WhatsApp, the app many of us use each and every day to keep in contact with friends and family.
Sure not everyone can come up with an idea like this, but it goes to show that if you have a good work ethic and veer off the career pathway that a normal nine to five job provides, there are great opportunities out there.
For many of us, entrepreneurship does seem like a path that other more adventurous people do, and it can be quite scary to take that first step. You might have a great idea, but you question yourself with thoughts such as “What if I go bankrupt?”, “What if I fail?”, and these thoughts might keep you awake at night, preventing you from taking the leap that you need to take to get going.
So, this is why franchising is such a great idea, which is backed up in this article here. It is a business model that can allow you to have the freedom to be your own boss, whilst having the security of having a support network there for you when you most need it.
Trends in Franchising
Franchising has always been a popular business pursuit. In fact, studies have found that one new franchise business opens every eight minutes in the US.
Let’s take a look at our franchise example – a company called XIMIVOGUE. They are quickly becoming a well-known fashion brand and are one of the finest success stories when it comes to franchises. Their stores can be found as far away as Madagascar and Laos. They have stores opening at an incredible rate of 80-100 stores a month. This is because they make it as easy as possible for new franchises to get started. Plus, they have excellent real-time support when their franchises need it.
How to Get Started and Open your Own Franchise Store?
You may think that you need thousands of dollars to get started. You don’t need millions to open a franchise store, according to https://www.ximiso.com/. Franchising is a great way to get started in the world of business if you don’t have a massive bank balance.
When you start a franchise, you can instantly have the know-how, products, and brand to take to market. You can imagine how much this would cost to create if you didn’t have this expertise at hand.
Sure, not many people are mad about the idea of creating yet another Starbucks or McDonald’s. So, why not consider XIMIVOGUE? They have an “All for one, one for all” sort of mindset which makes this particular lifestyle brand a viable franchise that will resonate with customers.
XIMIVOGUE are quite unique in the fact that they have 24/7 customer service. They have had some excellent success stories in the last 10 years. They have 1400 franchise stores throughout the world, with these franchises earning just under $300 Million between them. As you can see, there is so much potential.
Of course, the success of each franchise store depends on many different factors (explained more in detail at https://sloanreview.mit.edu/article/factors-for-new-franchise-success/) such as customers’ preferences in the area in which you serve, as well as the location and the management decisions that are made.
With XIMIVOGUE, you have access to around 7000 products, so there is an extensive range of excellent household items and digital accessories to sell, aswell as other items such as health and beauty items. As you can see, taking measures to open your own XIMIVOGUE franchise store offers you a lot of opportunities. Ximivogue take measures to ensure their product range is constantly refreshed, by introducing upwards of 800 new items per month.
So, what are you waiting for? Get in contact with XIMIVOGUE by going to their official website.