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Franchise Information for Successful Business Ownership

Merlin franchise is a multinational company that deals in repair and maintenance of vehicles. Merlin offers the following services like air conditioning and general maintenance of the vehicle.

Merlin franchise has many branches that offer these services. The franchisee benefits from the brand name of the company. The franchisee benefits in the following ways:

·         Higher volume of tools-The franchisee is being supplied with large amount of tool and equipments he or she will need to use in the business. The spare-parts are available to provide the service. Higher volume of tools and equipments increases net profits.

·         Thirty years history of sustained sales growth- Merlin has been growing steadily due to stable market. The growth is still predicted to happen due to large demand.

·         Marketing approach to the business- The franchisors has marketing strategies and conduct market research to find new market outlets.

·         Training program- The franchisee is trained for a period of six weeks. He or she is trained how to manage and motivate his or her staff. Franchisee only opens a franchise after completion of training.

·         Focuses in individual shop success- The franchisor ensures that franchisee’s business brand is promoted. This increases the number of customers thus bringing the business to success.

·         Ongoing support- The franchisee is informed of new services and equipments offered. His or her staff is trained to help him or her run the business.

Merlin franchise is profitable since most people are dependent on automotive transportation. The vehicles are important in our lives. The average age of cars and light duty trucks in use currently increases each year. The distances covered by vehicles is long and destroy them. This makes it necessary for the vehicles to be repaired.

To start a Merlin franchise, you will need a total investment of $222,550-$392,000. The franchise fees are $30,000 and ongoing franchise fee is 6.9% of the gross profits. You should have a net worth of $75,000 and a liquid cash of $25,000-$60,000 to be allowed to purchase Merlin franchise. The term of agreement lasts for a period of 20 years but it can be renewed. You should also have the following:

·         Good oral and written communication skills

·         Management and administration skills

·         Excellent understanding of business concepts

·         Sales and marketing skills

·         Ability to multi-task work

·         Ability to train and motivate workers

·         Trustworthiness

·         Dedication to the customer

Merlin franchise offers support, training, promotion, assistance in selection of a site and marketing to the franchisee.