Training Franchise Opportunity



Training franchise opportunity Once you've done the research and decided that buying a franchise is the right business training franchise opportunity for you, the next step is choosing a franchise. But with so many franchises available in so many different industries, how do you narrow down the selection? First, think about your personal interests. No one wants to run a business he finds uninteresting. For example, if you hate math and crunching numbers, an accounting franchise probably isn't your best bet. Instead search for businesses that you think would be fun to manage. One such type of business is a gym. The American fitness craze is definitely here to stay. With $14.8 billion in revenue reported in 2004 and 41.3 million registered health club members as of January 2005, this industry offers franchisees the opportunity to get a slice of a very big pie. If you, like so many other Americans, are a happy passenger on the fitness bandwagon, a gym franchise might be the ideal business venture for you. Training franchise opportunity If you do decide on a training franchise, of course you'll want to choose one that has a good reputation for financial performance and franchisee satisfaction. A great tool to help you identify these franchises is Entrepreneur's Franchise 500. Entrepreneur uses the same objective and quantifiable criteria to judge all companies-regardless of size-and formulate a ranked list of the best franchise opportunities Some of the factors considered include: financial performance, growth rate and the size of the company, the number of years a company has been in business and the number of years it has been franchising, start-up costs, litigation, percentage of terminations and whether or not a franchisor provides in-house financing. Gold's Gym is the number one fitness club in the world as well as an immediately recognized brand in the fitness industry. Franchisees in this system pride themselves on offering all the latest equipment and services at their gyms. Newcomers to this franchise are provided with a comprehensive training and support system that includes programs such as the Gold's Gym University workshop. This five-day, 28 class training program is designed to integrate new business owners into the Gold's Gym franchise and help them maximize the potential of their units. Program is adaptable and can be made appropriate for all fitness levels. Franchisees in this system receive support in marketing, business, equipment and are even provided with yearly, on-site certification for staff members in a variety of fitness programs such as yoga and pre/postnatal workouts. Training franchise opportunity was developed with the help of world-class boxing and kickboxing champions. The physical training offered to customers at these locations is combined with nutritional counseling to help them meet their fitness goals.