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7-Eleven began franchising in China in the 1990s and expanded to Shanghai in 2009 when Taiwan-based President Chain Store took over management rights. As the late entrant in Shanghai, 7-Eleven differentiated its offering with quick meal counters, prepared foods, and a city cafe. Franchising allows 7-Eleven to expand its brand nationally while reducing competitors, and gives franchisees a proven business model, training, and support but with less freedom and shared profits.
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Franchising sebagai peluang bisnis
Secara sederhana, franchise dapat didefinisikan sebagai metode menstandarkan seluruh sistem kerja bisnis yang anda jalankan dan telah terbukti kualitasnya untuk kemudian bisa diduplikasi dan dijalankan oleh orang lain(pembeli franchise). Pembeli franchise-pun dapat menggunakan brand dan sistem kerja tadi berdasarkan kesepakatan yang telah disetujui bersama.
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This document discusses franchising. It defines franchising as an ongoing relationship where a franchisor provides a licensed privilege to a franchisee to do business and offers assistance in exchange for monetary compensation. It describes the main types of franchises as commercial, industrial, distribution, and service franchises. It identifies the key parties in a franchise as the franchisor, who grants the franchise, and the franchisee, who is granted the right to market the franchisor's goods or services. The document outlines some of the main advantages and disadvantages of franchising for franchisees and franchisors.
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The document discusses the history and types of franchising. It began in Germany in 1851 when Singer Sewing Machine Co. began granting distribution franchises. There are several types of franchises including business format franchises, product or trade name franchises, dealerships, and unit franchises. The franchisor grants the franchisee rights to use its business system and sell its products/services in exchange for fees and royalties. While franchising provides benefits like name recognition and marketing support, it also has disadvantages such as high fees and restrictions.
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Introduction to franchising presentation oct 2017.pptxv1
Franchising your business with The Franchise Company. Learn all about franchising your business with The Franchise Company. We are London based franchise consultants with over 25 years experience of helping businesses franchise. We are British Franchise Association affiliated and have worked with UK and international businesses.
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In this presentation, we will help you understand about franchising, history, types, various advantages and disadvantages of franchising.
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This document discusses franchising, including its history and definitions. It provides background on how franchising began in the 1850s with Isaac Singer's sewing machines and later expanded with companies like McDonald's and Burger King. It defines a franchisor as the entity that owns the business concept being franchised and a franchisee as the individual or company that purchases the right to open and operate a franchise location. The document also outlines the growth of franchising in India and some of the first foreign franchises to enter the market. It notes benefits like lower capital requirements but also challenges in balancing the interests of franchisors and franchisees.
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Franchising sebagai peluang bisnis
Secara sederhana, franchise dapat didefinisikan sebagai metode menstandarkan seluruh sistem kerja bisnis yang anda jalankan dan telah terbukti kualitasnya untuk kemudian bisa diduplikasi dan dijalankan oleh orang lain(pembeli franchise). Pembeli franchise-pun dapat menggunakan brand dan sistem kerja tadi berdasarkan kesepakatan yang telah disetujui bersama.
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This document defines key terms related to business franchising. A business format franchise provides a complete business method including marketing and operations. The franchise disclosure document (FDD) provides information about the franchisor and franchise system. The franchise agreement is the legal contract between the franchisor and franchisee that outlines their responsibilities. A franchisor grants franchisees the right to use their name and system, while a franchisee operates under the franchisor's brand.
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In this presentation, we will help you understand about franchising, history, types, various advantages and disadvantages of franchising.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
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This document discusses franchising, including its history and definitions. It provides background on how franchising began in the 1850s with Isaac Singer's sewing machines and later expanded with companies like McDonald's and Burger King. It defines a franchisor as the entity that owns the business concept being franchised and a franchisee as the individual or company that purchases the right to open and operate a franchise location. The document also outlines the growth of franchising in India and some of the first foreign franchises to enter the market. It notes benefits like lower capital requirements but also challenges in balancing the interests of franchisors and franchisees.
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One in every seven business in the United States is a franchise business. Franchising is not just an industry in itself, it’s a way of doing business that can be applied in almost any sector. Today, approximately 3,400 established franchise brands operate in 29 sectors across more than 225 subsectors. For many small business owners franchise can turn out to be an ideal business expansion.
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Introduction
History
Responsibilities of franchisor and franchisee
Merits
Demerits
McDonald Franchising
Franchising in Nepal
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Franchising has a long history dating back to medieval times, but is widely believed to have started with Albert Singer and the Singer Sewing Machine Company in the 1850s. Singer created a network of dealers who paid a fee to sell sewing machines within their territories, establishing one of the first franchise models. Franchising expanded in the late 1800s with industries like breweries and utilities. Modern business format franchising became popular post-World War II with chains like McDonald's. The Philippine franchising industry has grown significantly in the last 20 years from around 50 players to over 1,300 franchise concepts today, generating $11 billion for the economy.
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I am Tariq Bin Aziz, From Southeast University, Bangladesh. I made this presentation on E.coli. I think you will be benefited by my presentation. Thanks All.
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Franchising involves a contractual relationship between a franchisor and franchisee where the franchisor offers ongoing business support to the franchisee in areas like training and know-how. The franchisee operates under the franchisor's brand and makes substantial investments in their business. Franchising allows franchisors to expand their business model quickly while providing franchisees with assistance and a lower risk business opportunity. The document outlines different types of franchise models and discusses key dimensions of successful franchising like financial arrangements, marketing, license agreements, and ongoing franchisor-franchisee engagement.
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The document provides an overview of franchising, describing what franchising is, the various types of franchise opportunities available in different business categories, and some key factors to consider when evaluating franchise opportunities such as understanding the responsibilities of franchisees and franchisers, evaluating franchise disclosure documents, and asking the right questions of franchisers and existing franchisees.
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In this presentation, we will discuss about the importance and merits for giving franchise and becoming franchise, the various drawbacks of owning and giving franchise, and the different benefits obtained from franchisees,
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
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A presentation looking at the criteria for a business wanting to expand through franchising.
Looks at the various franchise models and also other business expansion models.
End result is that any succesful franchise is probably a mix of the various models.
There are as many models of Franchises as there are business multiplied by the different ambitions and desires of the owners of those bsuinesses.
Orignally given at Ortus Local Enterprise SAgency in Belfast as part of their Franchisor Business Development Program
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Franchising involves a legal agreement where a franchisor licenses their business model, trademarks, and brand to a franchisee. There are two main types of franchises: business format franchises, which provide a complete business model, and product distribution franchises, which focus on product sales. Franchises offer advantages like established brands and support systems, but also disadvantages like loss of independence and ongoing royalty fees. Legal issues involve disclosure documents outlining fees and responsibilities, and franchise agreements specifying the terms of the relationship.
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This document provides an introduction to franchising. It defines a franchise as an agreement between a franchisor and franchisee where the franchisee is granted the right to use the franchisor's trademark and operate their business using the franchisor's system. The two main types of franchises are business format franchises and product distribution franchises. There are also different franchise arrangements like single-unit, area development, and master franchises. The document discusses the advantages and disadvantages of franchising, alternatives like licensing and distributorships, common franchise terms, and the key legal documents involved - the disclosure document and franchise agreement.Franchising
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This document is a project report submitted by Sonu Kumar for their MBA program. The report focuses on the distribution strategy of Pepsi in Hajipur, Bihar. It includes an introduction to PepsiCo and its business segments. The report also provides profiles of PepsiCo, Varun Beverages Ltd which is Pepsi's bottling partner, and Jaipuria Group which is one of Varun's major franchisees. It then discusses PepsiCo's operations and strategies in India. The bulk of the report appears to be analyses of primary data collected from retailers and distributors regarding Pepsi's distribution network in the target region.
Pepsi hajipur
This document is a project report submitted by Sonu Kumar for their MBA program. The report focuses on the distribution strategy of Pepsi in Hajipur, Bihar. It includes an introduction to PepsiCo and its business segments. The report also provides profiles of Pepsi's bottling partners in India - Varun Beverages Ltd and Jaipuria Group. It then covers the research methodology used, data analysis from retailers and distributors, a SWOT analysis, conclusions and recommendations. The overall aim of the report is to analyze Pepsi's distribution strategy and identify opportunities to increase their market share in the region.
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Is franchising still a viable business opportunity for your clients?
At our Wednesdays With Redchip event in September, our experts provided key discussion points for your clients considering buying or starting a franchise, particularly in the booming health and fitness sector.
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Japanfoodculture wasabi12022015
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Franchising, Types of Franchising, Merits of Franchising, Demerits of Franchising, Outsourcing, Merits of Outsourcing, Demerits of Outsourcing, Strategic Reasons of Growing Outsourcing in India, Business Process Outsourcing (BPO), Knowledge Process Outsourcing (KPO), Merits of KPO and BPO, Demerits of KPO and BPO, E-commerce, Features of E-commerce, Types of E-commerce Models, Merits of E-commerce, Demerits of E-commerce, Digital Economy, Features of Digital Economy, Merits of Digital Economy, Demerits of Digital Economy, Business Process Re-engineering (BPR)
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Franchising has become a popular path for many entrepreneur oriented executives to following when it is their time to take control of their own destiny. Learn more about franchising, how it works and how to find the right one for you.
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Entrepreneurship : franchising.pdf
This document discusses several topics related to franchising:
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The Pitch
This document provides guidance on creating an effective pitch presentation for investors. It recommends that the pitch be no more than 16 slides and 8-15 minutes. Key elements to include are: (1) introducing the problem and solution, (2) describing the business model and sales strategy, and (3) presenting financial projections tied to milestones. The pitch should tell a story to help investors visualize the solution and market opportunity. Presenters should rehearse extensively and be prepared to answer questions about the competition, risks, team, and exit strategy.
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Jollibee Foods Corporation International Expansion
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20108115337211
- 1. outline • The introduction of franchising • The introduction of 7-eleven • Case Study: 7-eleven Franchising in Shanghai • Advantages and disadvantages of franchising • Conclusion
- 2. The introduction of franchising • Brief introduction: The idea of franchising • History & development • Types of franchising
- 3. What is franchising? Franchising is the practice of using another person's business model.
- 4. History & development • came to prominence until the 1930s in the United States • the rise of franchise-based food service establishments
- 5. Types of franchising • Trade Name Franchising eg: international hotel chains. • Product Distribution Franchising eg: the brewery industry's sales of international soft drinks • Business Format Franchising
- 6. The introduction of 7-eleven • History and development • 7-eleven franchising in China
- 7. introduction • Founded in America in 1927(South Mainland Ice Company) Milk,eggs,bread Opened 16 hours per day Changed its brand name to 7-11 in 1946 Open the age of convinient stores! cover 18 countries
- 8. Franchising in China • In 1992 in Shenzhen • In 1995 in Guangzhou • (restriction of foreign investment on franchising-----failed to develop rapidly) • Guangdong Saiyi convenient stores Company ltd • Got a passport of setting up 300 stores in Guangdong
- 9. 7-eleven Franchising in China In 2005 in Beijing • Registered fund:35million dollars • Till August over 590 shops • 512 — Guangzhou 75 — Beijing In 2009 in Shanghai • Franchiser: Uni-president Company ( 台湾统一企业 )
- 10. 7-eleven Franchising in Shanghai
- 11. When: 2009 Who: Taiwan President Chain Store 台湾统一超商 (right of management ） Why: (late) Japan-based strategic consideration
- 12. 1 、 mature convenient chain store management ( 成熟的便利店业态） 2 、 fierce competition
- 14. 1 、 Kuai can dao/quick meal counter ( 快餐岛服务） 2 、 hao dun/good stews ( 好 炖） 3 、 7-Eleven’s City Cafe ……
- 16. Advantages and disadvantages of franchising for the franchiser for the franchisee
- 17. 1.National expansion of the brand 2.Reduction of competitors’ abilities 3.Attraction of entrepreneurs 4.Improvement of market share 5.Unique services the customers Key advantages for the franchisor are:
- 18. Key advantages for the franchisee are: 1.Access to a proven business concept 2.An operating blueprint 3.Training 4. management support 5.Exchange ideas and experiences
- 19. Key disadvantages for the franchisor 1.mistakes of unsatisfactory franchisees. 2.difficult to control franchisees. 3.have to share profits with franchisees,.
- 20. Key disadvantages for the franchisee 1.Less freedom and creativity 2.many costs, restrictions and obligations 3.no guarantee
- 22. outline • The introduction of franchising • The introduction of 7-eleven • Case Study: 7-eleven Franchising in Shanghai • Advantages and disadvantages of franchising • Conclusion