|If you are the person who is looking for something new in your life and you want a new job then you may have heard about owning your own business. One such business is the Colortyme franchise. Colortyme is the nation’s oldest franchise company that is specializing in electronics, furniture, appliances and computers.
This franchised store provides the home furnishings, appliances, electronics and computers to buy and it also provides the weekly and monthly payments to the customers. It was basically established in 1970. The Colortyme helps the people to afford the things they need in their daily life. The Colortyme is successful for so many years because it is very affordable for both the customers and franchisees.
The Colortyme is the leading franchise opportunity among all the franchise opportunities available. There are possible 3 options to choose in the Colortyme franchise in which two are in the area of furniture, appliances and electronics and the third one is in the automotive service group. The Colortyme deals with their customers on the personal level. Products are delivered and setup to the customers with no down payment. Customers are able to lease bedroom furniture, living room furniture and any more.
Currently the Colortyme has provided more than 150 franchises locations across the whole country. The Colortyme franchise is expanding at the national level these days. And there are certain features due to which one should go for the Colortyme franchise:
- Colortyme is ranked as one of the best franchisee among all the franchisee opportunities.
- When someone wants to buy his own business then he can easily go for this franchise because the process of opening the business under this franchise is very simple, fast and straightforward.
- Support system is provided at any stage of the business when once it is started.
- No experience is required to have in this field when a person starts the business under the Colortyme franchise.
- By purchasing the Colortyme franchise the franchisee get the facility of free training also.
- This franchise can be purchased at a very affordable cost.
- Colortyme is an independent franchise and one of the largest rent- to own company in the world.
- When some person buys the Colortyme franchise then a complete FDD (Franchise Disclosure Document) is provided to the franchisee after the receipt of franchise application.
- Franchisee can open more than one unit of the business those will be under the Colortyme franchise name.
- This business is a recession overcome business for the franchisees.
- Various kinds of support are provided from the Colortyme Company. These supports includes the following supports:
2. Ongoing support
3. Marketing support etc.
1. Training: in the training support when a person buys the Colortyme franchise if he does not have the knowledge of this business and he is new in this field then a proper training is provided to the franchisee. The training is provided by a special team of the Colortyme Company. The training program is of the period of 2 weeks. The training is conducted at the company’s headquarters but and this period is of 2 weeks. But the training can also be provided at franchisee’s place and the training period at franchisee’s place will be 2 to 4 weeks. All the training including how to manage the business is provided to the franchisee.
2. Ongoing support: Ongoing support includes the support regarding the ongoing operations of the business. In this support the company helps in the grand opening of the Colortyme store. Then the newsletter service is provided from the company side to get the customers online. Various kinds of meetings are being conducted by the company in which the franchisees are also getting involved. Where various techniques to grow the business are discussed with the franchisees. Internet services are also provided to manage the business online. Various field operations and evaluation methods are provided to the franchisees. Field operations include the various functions which are performed to run this business in a successful manner to earn more revenue from the business.
3. Marketing support: if some person who has not the knowledge of marketing i.e. he does not know how to promote the business in a successful manner then there is marketing support which is provided by the company to the franchisee. More ad slicks are provided by the company to promote the business. These advertisement methods are provided to promote the business at the national level as well as regional level. Co-operative advertising support is also provided under this marketing support. The franchisee does not need to worry about the customers as company provides full help to get the customers for the business.
The person who wants to start his own business and he has not so much money to start a very expensive business then Colortyme franchise is the best option for that person. He can buy the Colortyme franchise as this franchise provides various benefits to the franchisees and can be purchased at a very affordable cost. So with less amount of investment one person can earn the more profit from this business.
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