Business Franchisee
In today’s world of endless competition, most well established companies prefer venturing
into franchisee business.
Have you ever wondered why a well established brand would
want to do so? There are three primary reasons for this...
More
Business Franchisee
In today’s world of endless competition, most well established companies prefer venturing
into franchisee business.
Have you ever wondered why a well established brand would
want to do so? There are three primary reasons for this growing trend.
They are paucity of
capital, lack of people, and shortage of time.
If the rival company has all the three, it can
slowly establish a lead over you and then leave you far behind.
The best way you can stop
another company from gnawing into your customer base, is by offering franchisee
business opportunities of your brand.
Franchising business opportunities help a small brand to grow without any liability
whatsoever.
Why so? It is because the franchisee bears most of the cost of the initial
investment.
This includes various other service contracts.
If so how does the franchisee
stand to gain? The cash register for the franchisee starts ringing no sooner than the business
kicks off because of the brand value of the produc
Less
