Exciting Business Opportunties

Licensing represents an opportunity to practitioners to utilise a proven product or business format with a minimum financial risk. Below are four key risk- reducing advantages of licensing :

 

1.  Access to Established Business Systems

     A license provides access to an established and proven  business system that supports you to get started  immediately.

 

2.  Developed products and services

     There is no need to spend time or money developing products  or services for your business which saves you enormous  costs.  You                have immediate access to an established  business system and products that have already proved to  address specific development                  needs.

 

3.  Training and Business Advice

     Ongoing training and business advice are readily available in a  License system.

 

4.  Advertising and Marketing

     A License system gives you the benefit of being part of a  larger organisation and increasing credibility in the consumer  environment                The advertising and marketing activities of the  bigger group, allows your business to increase its target market in a more cost                             effective manner

 

These advantages by themselves will not guarantee success. However, they are attractive in the light of the risks associated with starting a new business.