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Franchise

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Franchise - A Realistic option

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Franchise

  1. 1. A REALISTIC OPTION FOR EVERY BUSINESS
  2. 2. What is a Franchise ?
  3. 3. Exclusive right to sell a brand
  4. 4. Who is a Franchisor ?
  5. 5. Owner Of the Company
  6. 6. What is a Franchisee ?
  7. 7. Person who Purchases the Business Name
  8. 8. What is It All About ?
  9. 9. <ul><li>A contractual long-term relationship </li></ul><ul><li>Grant of a licence to franchisee </li></ul><ul><li>Franchisee gets: </li></ul><ul><ul><li>Tried and tested product/service </li></ul></ul><ul><ul><li>Profitable proven business model to follow </li></ul></ul><ul><ul><li>Experience and know-how of the franchisor </li></ul></ul><ul><ul><li>Entitlement to use the trade name / mark </li></ul></ul><ul><ul><li>Entire package </li></ul></ul>
  10. 10. Four Elements of Franchising
  11. 11. 1 Brand Name Associated
  12. 12. Operating System to re-collect
  13. 13. Customer Support
  14. 14. Individual Thinking
  15. 15. Top 10 Reasons Why Franchises Are Purchased?
  16. 16. <ul><li>People want to buy into an idea that’s already proven to be successful. </li></ul><ul><li>The management of the business has already been formulated. </li></ul><ul><li>The support network is already in place. </li></ul><ul><li>The chances at receiving business financing are greatly improved. </li></ul><ul><li>They buy a company which has a “Brand Name.” </li></ul>
  17. 17. 5. Collective buying power. 6. Local and national advertising. 7. Supervision, training programs and consulting. 8. Managerial, operational and accounting systems. 9. Stay current with legal issues.
  18. 18. Basic Types of Franchises
  19. 19. Single Unit Multi Unit Multi Exclusive Area Unit Region Area Developer
  20. 20. Single Unit Multi Unit Multi Exclusive Area Unit Region Area Developer
  21. 21. Single Unit Multi Unit Multi Exclusive Area Unit Region Area Developer
  22. 22. Single Unit Multi Unit Multi Exclusive Area Unit Region Area Developer
  23. 24. Initial Meeting
  24. 25. Research and review
  25. 26. Analysis of Client
  26. 27. Franchise Structure
  27. 28. Types of Franchise Offered
  28. 29. Territory of operation
  29. 30. How much money should be spent?
  30. 31. Training for a proper Start-up
  31. 32. The first ever Franchise given

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