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Requirements for being a franchisor
Published at 10/04/2012
Profitability within your corporate location(s) Operations Manuals that spells out in detail how to operate the business A comprehensive training program that gets franchisees 100% ready to operate the business A Franchise Agreement and Disclosure Document that conform to applicable legislation An Application Form- also known as Request For Consideration Form-for perspective franchisees ...
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Tips about Master Franchising
Published at 10/04/2012
Master franchising is a form of the franchisor-franchisee relationship in which the master franchisee essentially becomes a mini-franchisor for a specified territory. Within that territory, the master franchisee recruits, trains, and provides ongoing support to each franchisee they sign.Master franchising is most commonly used for international expansion. Finding a qualified master franchisee ...
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Multi unit franchise increases
Published at 10/04/2012
Right now, more than one out of ten franchisees operate more than one unit. Many of them operate more than one concept. There is growing evidence of a trend toward multi-unit and multi-brand ownership. The advantages to both franchisors and franchisees are clearly compelling, and dramatic growth in multi-unit and multi-concept franchising is expected over the coming years. The primary benefit ...
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Four steps to become a franchisee
Published at 10/04/2012
A) Choosing the Right Franchise. The first step in becoming a franchisee is to choose with franchise you’d like to pursue. A franchise should fit with the franchisee’s schedule. If the franchisee is uninterested in working nights and weekends, franchises that are open non-traditional hours probably aren’t a good choice. The franchisee’s available budget to start the business is also a major...
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Romanian Franchise Market (Market Research)
Published at 05/04/2012
The increasing importance of the private sector, opening out of new industries and the upward evolution of investments along with the impact of Romania’s accession to EU are instrumental in fostering the development of the franchise system in Romania. In 1998, the Romanian Government created the legal framework for this sort of business by issuing the Franchise System Law, which is designed to ...
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Franchising “The answer to the challenges of crisis”
Published at 05/04/2012
According to the research of FRANCHISE SUCCESS magazine for 2010, franchising is resistant to the crisis while at the same time it offers great opportunities to the well organized networks. The champions in development are those companies that reorganized their network in time, leveraged their human resources, saw the opportunity in the crisis and invested in Multi Unit and Multi brand concepts...
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FRANCHISE SUCCESS The way for successful expansion
Published at 05/04/2012
FRANCHISE SUCCESS is the first Greek franchise magazine since 1998 and constitutes the portal to the Greek franchise market. It addresses franchisees, franchisors and most types of networks. Through the magazine (4 issues per year and one annual edition, PANORAMA FRANCHISE), the web site: www.franchise-success.gr and the portal: www.franchiseportal.gr, FRANCHISE SUCCESS is the most reliable ...