Earn franchise through the co-created business entity!

Buying a franchise can offer you a jumpstart towards owning your own business. franchise is a method of starting a business with the benefits of minimizing risks by buying into an established concept that has proven successful. Statistics show that franchisees stand a much better chance of success than people who start independent businesses.

However, a lot of franchises charge too much for a business that doesn’t have enough value to justify the high upfront and ongoing costs. The first initiative, Gogme Learning Alfa seeks to provide aspiring entrepreneurs with an alternate way of buying a profitable franchise at affordable rates. In Gogme LA, new business ventures are co-created and co-managed by the community. Once the business ventures turn profitable and become sustainable, individual co-owners are encouraged to bid for franchises at affordable rates.

Gogme LA seeks to use franchises and business takeovers opportunities to reward co-owners for their active participation and contribution to the co-created business entity. The Gogme Points system rewards co-owners with points for submitting business ideas, participating in discussions, polls and other online activities. Points accumulated can be use to bid for franchises and business takeovers created under the co-created business entity. The cost of buying the franchises or business takeovers will be reasonable and evaluated by a third party professional. We are considering the possibilities of co-owners from the same country to bid for franchises as a group.

What are the advantages of buying a franchise from the co-created business entity? As a co-owner of the co-created business entity, you can participate and contribute in the business process of starting and running the business venture, you will learn how the business is managed and keep yourself updated on the daily business activities through blogs and twitters. Most franchisees get their training on the running of the business venture after paying a non-refundable franchise fee. What if along the way you find the business unsuitable? Through Gogme LA, you are part of the community that manages the business venture. We are optimistic that with the experience of managing the business venture with the community, you can run the franchise independently with greater confidence.

All the problems and business risks related to the business ventures will be sorted out collectively by the community before it reaches the stage of awarding franchises. The community will continue to provide you with on-going business support. Earning franchise from the co-created business entity is definitely a better and easier way to have a profitable business of your own.