|
Franchising
|
Franchising Companies Relationship Strategies
Franchising Corporations need to maintain an iron fist when it comes to certain things in order to maintain absolute integrity of the system; Consistency, Quality, Cleanliness and Customer Courtesy or Service. Ray Kroc in his book; “Grinding it Out” made that point perfectly clear, some called him a hard ass on the details and indeed it served him well and turned 11,000 franchisees into millionaires along with some 1500 executives early on.
|
|
Franchising Looks Like Easy Money:Want the Truth?
So often I read in business journals some business consultant telling folks that they should franchise their businesses. Well sure franchising looks like easy money but it isn’t at all. Would you like to talk about the truth?
|
|
Benefits of Franchising
As with any other business, franchising has a number of advantages and disadvantages. Keeping these in view, an investor can decide whether they want to open an independent business or a franchise.
|
|
Franchising and New Franchisee Set-up
Many new franchisors fall down in the franchisee set-up phase. This is the phase where the new franchisee has paid their fees and is now entering the system. They will either be getting equipment or building out a location.
|
|
Manager Training Requirements in Franchising Companies
Franchising companies must be very specific with regards to manager training and requirements for their franchised outlets. It is ultra-important to maintain consistency, quality and customer service in a franchising company. The name brand depends on it.
|
|
Name Infringement, Trademarks and Franchising Companies
Franchising companies have her responsibility to insure that their trademarks are not infringed upon. Just because a franchise company has properly registered the service Marks and trademarks with the proper state and federal agencies does not mean that some one will not try to use such Marks without permission.
|
|
Franchising and National Account Servicing Across Borders
In the franchising industry many service firms can excel by collecting national accounts, which have outlets in many states. Each franchisee can help with the over all multi-state National Corporate Account. Only one problem; many franchising companies purposely choose not to do business in certain states such as WA, CA, MD, NY and IL.
|
|
Top 7 Secrets to Franchising Your Existing Business
Many business people who are quite successful wish to franchise their businesses and sell additional outlets under their business name; brand name. It is an obvious method of expansion and makes a lot of sense, but it is not easy to build a franchise company, especially with all the rules and regulations, lawyers and bureaucratic debris out there. It might be easier to defeat Hezbollah than to franchise a company.
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
18 |
19 |
20 |
21 | 22 |
23 |
24 |
25 |
26 |
|