Trends and Facts About Computer & Internet Franchises
Asia is home to some of the largest and most successful computer brands on the planet: from Samsung and Sony to Huawei and Acer.
Whether it’s manufacturing or sales, computers are big business. The computer has become an essential part of life for both businesses and consumers alike.
Computer and internet franchises extend into the hugely popular and profitable mobile phone market: trading and repairing everyone's favorite gadget.
It's hard to imagine a world without household names like Amazon and Alibaba who took a risk on the internet when nobody really knew what it was.
Indeed, all you need is a great idea and a lucid vision to create a global empire.
Ready to dream?
So, whether you want to build and sell components, trade online, or invent and innovate, get ready to break into one of the planet’s most successful growth industries.
Franchising
Franchising is one of the most stable paths to going into business for yourself. Adopting a recognizable brand helps immediately establish your new business by taking on the reputation of existing, trusted companies.
Embrace a proven history of profit and sustainable business growth with companies that can guide you to success and continued expansion.
Franchising provides entry into existing markets with a willing customer base, making the franchise model an attractive one for entrepreneurs and funders alike.
Banks Lend To Franchises
Banks are willing to lend start-up funds to franchise businesses because of the stability of the associated parent company that brings a proven, profitable business model.
Private investors and banks alike consider franchise businesses less of a financial risk because they come with:
- A record of profit
- A tried-and-tested business model
- Economic potential to return the investment.
Other stats:
- Almost 4 billion people have internet access - that’s over 50% of the world’s population.
- Mobile technologies and their associated services generated 5.4% of Asian GDP in 2017 - that’s $1.5 trillion.
- 60% of the world's population resides in Asia.
- Asia’s dominance in the financial world is increasing more quickly than any other continent in terms of GDP, earning $65.5 trillion in 2019.
What types of businesses can I find in computer and internet franchises?The manufacture and trade of business and consumer computer equipment extends to household appliances, mobile phones, cars, digital currencies, and the Internet of Things (IoT).
As the market develops, we find new ways of integrating internet capability into everyday functions and - as such - the reach of the computer and internet franchise market is exponential.
Digital innovation shows no bounds, as the development of faster processors and more accessible equipment reaches into practically every facet of modern life.
Franchise vs. Independent
A worryingly high percentage of independent companies fail in their first two years. Many companies struggle to build a reputation for quality, reliability, and customer satisfaction before they hit critical mass.
But franchise businesses offer a higher degree of stability right from the start.
Consumers recognize and trust existing brands, which helps lower the financial risks for young companies.
Nearly 50% of independent start-ups go bust before completing their first two years of trade. Franchising, on the other hand, offers a more reliable and trustworthy route to growing a business.
Ready?
Explore our computer and internet franchises, and find your new business idea today.
Purchase a franchise today from Franchise Direct.