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THE FRANCHISE By: Austin Schmale

The Franchise

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The Franchise. By: Austin Schmale. How a Franchise works. Depending upon the type of a franchise, a franchise business is different than any other type of business due to rules and regulations set by the franchiser. What is a franchiser?. - PowerPoint PPT Presentation

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Page 1: The Franchise

THE FRANCHISEBy: Austin Schmale

Page 2: The Franchise

HOW A FRANCHISE WORKS

Depending upon the type of a franchise, a franchise business is different than any other type of business due to rules and

regulations set by the franchiser.

Page 3: The Franchise

WHAT IS A FRANCHISER?

A franchiser is the person who owns a franchise and is the boss

of that franchise.

Page 4: The Franchise

THE HISTORY OF FRANCHISING!!!

•The roots of franchising can be traced to the end of the Civil war

•Franchising really started to grow at the beginning of the 1900’s

• Modern franchising evolved during the 1950’s while expanding for the World War 2

Page 5: The Franchise

MORE HISTORY ABOUT FRANCHISING

•During the 1980’s franchising began a period of exponential growth

• In 1980 approximately 1600 businesses franchised

• By 200the number had more than tripled

Page 6: The Franchise

ADVANTAGES OF BUYING A FRANCHISE

When you buy a franchise, you are buying an established concept

that has been successful.

Page 7: The Franchise

MORE ADVANTAGESYou’ll get a lot of help when you start a

business and also afterwards. When you buy a franchise, you get all the

equipment, supplies, and instruction or training needed to start the business.

Page 8: The Franchise

EVEN MORE ADVANTAGES!

A franchise Business can be immensely profitable. It might already have built in customers. And it could

even have greater buying power!

Page 9: The Franchise

THE DISADVANTAGES

You have to do a franchise in the franchisers way. You can’t do it

any other way. It has to be done to the T.

Page 10: The Franchise

MORE DISADVANTAGES

Some Franchises are little known and will not be very successful.

However buying little known Franchises could be too expensive.

Page 11: The Franchise

EVEN MORE DISADVANTAGES

Some franchisers will not help you start a new franchise and will

leave you hanging off the end of a cliff.

Page 12: The Franchise

THE NEW INTERESTING FRANCHISE!

Bricks 4 Kidz is a new company that allows children to play, build,

and learn with Lego Bricks.

Page 13: The Franchise

ANOTHER INTERESTING FRANCHISE!

Kona Ice brings their trucks to events to sell shaved ice to

customers so they can flavor it themselves!

Page 14: The Franchise

YET ANOTHER INTERESTING FRANCHISE!

Smashburger franchising is a 20 year old restaurant industry that gives hamburgers to restaurant's like

McDonald's and Long John Silvers