Why should you become a franchisee?
As you are aiming to start up your own business, you should first recognize and weigh up the advantages and disadvantages of franchising with regards to your start-up plans before you set about choosing a suitable franchise system.
When building up their business, franchisees benefit from the brand awareness and image of a well established brand as well as from the synergies of an established network. » Read more
Franchisees are obliged to implement the business concept in accordance with the regulations of the system, to treat in-house know-how as strictly confidential and to pass on business data to the systems head office that is important for running the network. » Read more
Franchisees also face problems, which can be put down to the characteristics of franchising. » Read more
Is franchising suitable for people coming from another field of business with no knowledge of the branch?
One of the services generally provided by a franchise system is an intensive induction course for franchisees before they start up their business as well as accompanying training and support measures. This makes franchising particularly suitable for people coming from another field of business. » Read more