In a brief session with some automobile industry investors in Jacksonville, it became vivid to me that one of the most challenging decisions is relates to whether investing in automotive franchises opportunity in Jacksonville is really worthwhile. Everybody seems to be interested in being certain that the form of business in which they are channeling their valuable time, energy and resources has the potential of allowing them get adequate ROI. Indeed, majority of the entrepreneurs in Jacksonville have been advised in several occasions by various experts to be keen on discovering whether the available automotive franchises opportunity will help them grow immediately and in the long term perspective. As has been pointed out by one prominent investor in the area, taking into account such vital considerations as the durability of the franchises is a very clever move because that is the only way the franchisee is going to be sure that they will remain relevant in the event of the franchisor deciding to pass on, scale or sell the business.
After carrying out a quick survey in Jacksonville, I noticed clearly that not many franchises are practically capable of taking into consideration all the factors mentioned above. Nonetheless, there is one particular franchise in the area that is acknowledged as the first to offer automotive franchises opportunity for the residents in addition to reliable and standardized automobile services. According to analysts, this venture’s operations are guided by a business model referred to as ‘hub and spoke’. In other words, aside from automotive franchising, it engages in several other active operations most of which are in relation to automobiles. This corporate model allows one to have full control over their venture, implying that the franchisee is offered the freedom of spreading their wings and establishing links that could come along with high levels of profitability. It is proper to have in mind that the difference between this particular franchise and many others in Jacksonville comes in the sense that it puts a lot of concentration on the integration of a wide range of special automotive solutions in the industry that is characterized by fierce rivalry. This is guided by the goal of offering franchises opportunity that comes along with reasonable earnings and retains uttermost relevance in spite of the existing economic status. It is notable that a very large part of this venture’s franchisees is made up of second-generation entrepreneurs, and this is a proof of the huge benefits that come with this franchises opportunity.