Franchising is a marketing system of various products or services based on a close and continuous collaboration between the franchisor and the franchisee.
Franchises are within the legal framework of a law that requires companies that develop a franchise or other forms of partnership to provide prior information document. This law allows to bring more transparency to the prospective franchisee.
Franchises industries: multiple choice
You can choose your franchise in many industries such as catering and fast food franchises, food franchises (bakery, ice cream parlor, supermarket, bio, etc.), commercial franchises (automobile, computer, florist, clothing, optics etc.).
Franchises: what location?
You have several options of location to open a franchise: store franchise, home franchises that allow to operate the franchise directly from home, international franchises that allow the export of franchisors abroad.
Steps to take to create his franchise
Create a franchise or resume an existing franchise involves different steps: choose the franchisor, choose a type of franchise, take notice of the prior information document of the franchisor, sign a franchise agreement, provide a personal contribution to the franchise, provide for the payment of royalties to the franchisor.
Transmission of franchises?
Regarding franchise transmission, there are two cases: buying a franchise or sell a franchise. In both cases, a certain number of aspects have to be verified and validated before making a choice: accounting and legal aspects, evolution prospects, advantages and disadvantages, caller reliability...
Franchises: who to contact?
You want to become a franchisor, creating your own network, or you have the soul of a manager and you want to become a franchisee, or you simply want to convey your business? In all cases, specialized franchise consulting firms are available and give you the means to complete your project.
Becoming a franchisor: how?
Becoming a franchisor is a major project that requires thought and a very well organized project. After having correctly selected a carrier industry, it will be necessary to establish a business plan, to work on the feasibility of the project and its strategic development. It is advisable to seek advice from specialists.
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