ADVANTAGES OF

PLANNING A BUSINESS AS A FRANCHISE

INTRODUCTION

• Owning a Franchise of any sort may more likely depend upon a

minor, yet a very eloquent question “Are You Really Ready to Buy a

Franchise at this Point? Of course, your attempts, determination and

working skills are the key points that a franchisee would always need

to be specific when it comes to selecting a suitable franchise.

• This may mainly include proper organisation and execution of

various business sources along with the most accurate market

surveys and synchronized organisational goals. In spite of strong

association with the franchisor, the franchisee would not be

disappointed if everything planned is well performed accordingly.

• This would certainly want any franchisee to have a thorough insight

on products or services targeted with sufficient field knowledge,

market experience and understanding of possible limitations and

legal prerequisites.

BRIEFLY DEFINING A FRANCHISE

Now What?

• Nevertheless, everything we deal with may

occasionally stumble across both positive and

negative sides, again depending upon how

we are tackling them and optimizing our

possible efforts and powers through a fruitful

franchise deal.

What is franchise?

• The franchise is a legal agreement, contracted between a

franchisor, the service supplier, and a franchisee, the service

consumer, at an amount levied by the franchisor, fixed as per

predefined rules and time period in order to use the banner and

relevant benefits of the franchisor; helping to set up business of any

kind (e.g. restaurant, real estate industry, garment shops etc.) and

sell the merchandise accordingly.

ADVANTAGES OF BUYING A FRANCHISE

• A franchisor would guide the franchisee through

Market Feasibility study to figure out proper market

demands and locations, precise Capital

Management to invest through, proper Staffing and

sufficient Service Information/Technical Skills with

necessary Marketing Strategies and Company Profits

set

• As a franchisee, you have the rights to largely avail

franchisor’s brand, trade name and operational

functionalities along with necessary ongoing

assistance termed

• A franchisee would largely enjoy the franchisor’s already earned and

rooted Market Identities, Brand Values, Operational Experience and

firmly Intersected Customer Reaches as well as Deepened Ties with the

Market Dealers and Promoters (e.g. Real estate agents or brokers)

• Unlike any unidentified or untrusted products or

services, the franchisee would get a quick

market recognition owning to the franchisor’s

previously gotten market reputation

• Establishment of Lawful Terms, Licenses and

Government Registrations along with other

Liabilities is hugely assured

• As an ongoing support, the franchisee would more likely be posted of

every update the business would come up with in future. Anything (e.g.

Promotional Events or Operational Advancements) requiring further

knowledge or training would be given flawlessly

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