Car Hire Franchise London (1) - PowerPoint PPT Presentation

About This Presentation
Title:

Car Hire Franchise London (1)

Description:

There are many individuals in the world who are interested in expanding their business and the best alternatives to build the income are the car rental franchise opportunities. It is one of the best chances to begin a small business to offer car hiring. – PowerPoint PPT presentation

Number of Views:41

less

Transcript and Presenter's Notes

Title: Car Hire Franchise London (1)


1
car hire franchise
2
  • There are many individuals in the world who are
    interested in expanding their business and the
    best alternatives to build the income are the car
    rental franchise opportunities. It is one of the
    best chances to begin a small business to offer
    car hiring. Many time individuals buy the wrong
    franchise or if get the correct then they dont
    know how to maintain that business even at some
    point many individuals dont locate the correct
    car hire franchise to begin their business.
    Before taking franchise one ought to deal with
    few signs, for example, where begin searching for
    the franchise business available to be purchased?

3
  • There is a better way to structure the car rental
    business model easily without having to reinvent
    the wheel. Franchise business simply needs to
    take the profit from all Departments and combine
    them and the entire management team at the
    Dealership is compensated with their respective
    percentage for hitting their benchmarks.
  • Every department in a car rental business is upon
    itself with a budget and income expectations.
    This in itself causes a great deal of friction
    within the franchise and most notably between the
    Pre-owned Department, the Service Department, the
    New Car Department and other Departments.

4
  • The New a car rental business is constantly
    putting higher values on trade-ins to hit the
    benchmarks set by the franchise to get that back
    end money and hit their bonus. This propagates
    the undesired effect of pushes at the end of the
    month by management to put even more into trades
    and often sell car hire franchise, way below
    their value and often times at losses to hit
    those numbers. Additionally, at many franchise,
    deals are back dated for days into the following
    month and counted in the previous month in order
    to hit those benchmarks set by the Manufacturer
    and by the Dealership for the payment of
    incentives and bonuses.

5
You Could End Up Buying the Wrong car rental
Franchise
  • As smart as you are, it could happen. You could
    end up buying the wrong car rental Franchise. And
    if you do, there are several really bad things
    that are going to happen to you.

6
Reasons Things Can Turn Out Bad
  • Lets say the car rental Franchise you purchased
    is turning out to be an absolute disaster- for
    one or more of the following reasons
  • You picked a horrible location for your business
  • Your skills dont match the kinds of skills
    needed to run the business
  • You didnt figure your household expenses when
    you put together your franchise business plan-and
    youre running out of money
  • The support you were promised to receive (from
    franchise headquarters) is almost non-existent

7
  • You should also be given a very complete book of
    instructions that you are expected to follow to
    have a successful car hire franchise business
    like the parent company. You must follow the
    rules and regulations set down by the franchisor,
    it is not an option. Your car hire franchise will
    have all the headaches and most of the risks of
    any other business, except you do have help. The
    parent organization does want you to succeed and
    will give varying levels of help and training.
    They would love for you to become a millionaire
    because it will likely make them much more money

8
  • Car Hire Franchise London
Write a Comment
User Comments (0)
About PowerShow.com