Why should you become a franchisor?
Being an entrepreneur, you should first recognize and weigh up the advantages and disadvantages of franchising with regards to your expansion plans before you start setting up your own franchise system.
By choosing franchising, franchisors can expand more quickly as the new business locations are financed by the franchisees. » Read more
It is the duty of franchisors to support their franchisees and help them to run their business by providing suitable measures as well as training measures. » Read more
Franchising involves various sets of problems which franchisors must overcome. » Read more
If branches or franchise businesses are to be built up true to the original then the essential elements of the management system must first be identified. » Read more
The dynamism of franchising can essentially be put down to the increased process of services and services in return which mark both the growth and the collapse of a system. » Read more
Whilst fears of the future and the levels of hierarchy often slow the process of adaptation in classic companies down, franchise systems are able to react in a far more flexible manner to changes. » Read more
Most of the new activities for franchise systems have resulted from changes in framework conditions. » Read more
Franchising offers companies the opportunity to rapidly increase sales using a limited amount of their own capital as well as of their own working capacity. » Read more
As well as offering their franchisees an innovation, franchisors also offer them a further factor. They sell them certainty. that their kind of business has been successful in at least the pilot business. » Read more
More and more companies are finding themselves being limited by traditional distributive channels. A possible solution to this is to build up one’s own sales network. » Read more
Following to ignorance, misjudgement and lack of proficiency numerous franchisors have to give up their activities every year. » Read more