Summary
The franchise, a way to become your own boss
For a long time, you wanted to become your own boss and manage your team. You also want to choose your collaborators, supervise them, motivate them and thus develop your business.
The franchise allows you to take charge of all the operational and commercial part of your company within a framework pre-established by the franchisor. If you are a good manager and have a good business sensethe model should suit you.
Franchising: a tested concept and a proven model
Your choice of sign is generally motivated by theoriginality of the concept it has put in place and above all your desire to develop it.
The concept has been tested by the franchisor and several dozen franchisees. It is often a commercial success. You were able to test it as a consumer.
You now have market elements and feedback of franchisees who support your choice.
In addition, your franchisor’s business model is well established. Over the past few years, sometimes several dozen, it has refined its figures (entry fee and royalty, training cost, etc.) in order to allow its franchisees to impose its concept on a territory to conquer.
Permanent assistance
Your franchisor supports you in your franchise process. It will help you settle in, train you products, services and management. You are its commercial relay. He will therefore pay attention to your comments.
It will also offer you tools to boost your sales on your local market. Franchising is a true win-win partnership between franchisor and franchisee.
Ability to plan for the long term
Franchising has enabled many franchisees to change their lives. You were an employee and you become a business manager.
Very often, after successfully setting up a franchise, the franchise is tempted to develop another, or even several others. Some franchisees open a new franchise all the 3 Where Four years. The franchise has a future.
Franchise is also the strength of a network
By joining a franchise, you are joining a network of which the franchisor is the head.
You not only ensure the support of the franchisor, but you also access a database of exceptional experience data.
Regular meetings are held between franchisees to discuss problems and successes. They will provide answers to many of your questions. Solidarity oblige!
Our tips:
Before you get started, consider asking established franchisees about the drawbacks they have had or still have to overcome.