This document discusses franchising. It defines franchising as granting the right to use a business's model and brand for a set period of time. The key parties in franchising are the franchisor, who owns the business model, and the franchisee, who pays fees to use the franchisor's brand. There are advantages for both parties: franchisees gain an established brand and business support, while franchisors can expand their business with less capital and risk through the franchisee system.
What is franchising?
Terms regarding franchising
Basic Ingredients of franchising
Purpose of franchising
Types of franchising
Advantage and disadvantage
What is franchising?
Terms regarding franchising
Basic Ingredients of franchising
Purpose of franchising
Types of franchising
Advantage and disadvantage
it a presentation of the type of retail business known as franchising. is has discription about the members and process of franchising. also it explains the different types of franchise like starbucks , KFC, dominos etc.
An Employment Franchise offers individuals the opportunity to establish their own business within the dynamic field of staffing and workforce solutions. As a franchisee, entrepreneurs gain access to a proven business model, comprehensive training, ongoing support, and a recognizable brand name in the industry.
Advantages of Salon franchise in Delhi-NCRMonsoon Salon
The franchisor is providing a structure for the franchisee to follow, yet its up to the franchisee to take responsibility for his or her business growth and success.
it a presentation of the type of retail business known as franchising. is has discription about the members and process of franchising. also it explains the different types of franchise like starbucks , KFC, dominos etc.
An Employment Franchise offers individuals the opportunity to establish their own business within the dynamic field of staffing and workforce solutions. As a franchisee, entrepreneurs gain access to a proven business model, comprehensive training, ongoing support, and a recognizable brand name in the industry.
Advantages of Salon franchise in Delhi-NCRMonsoon Salon
The franchisor is providing a structure for the franchisee to follow, yet its up to the franchisee to take responsibility for his or her business growth and success.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
3. FRANCHISING
Franchising is the practice of the right to use a firm's
business model and brand for a prescribed period of
time.
It is a deal between a franchisor and franchisee. Here
franchisor agrees to share his trademarks, copy
rights, technological knowhow, with franchisee. In
return of which the franchisee has to pay a fixed
amount of royalty to the franchisor.
4. CONT…
Essentially, and in terms of distribution, the franchisor
is a supplier who allows an operator, or a franchisee, to
use the supplier's trademark and distribute the
supplier's goods. In return, the operator pays the
supplier a fee
5. PARTIES INVOLVED IN FRANCHISING
The parties involved in franchising are franchisor and
franchisee.
Franchisor is a person who has an existing business
and wants to expand or diversify it.
Franchisee is a person who wants to invest his capital in
the existing business of franchisor.
7. ADVANTAGES OF FRANCHISING
• Enables franchisee to use brand name of the franchisor.
• Enables the franchisee to enter the well-established business.
• Enables the franchisee to get marketing support from
franchisor.
• Franchisee can be aware of the new technologies used by
franchisor.
• Franchisee can use reedy made business plan developed by
franchiser.
10. THE FRANCHISOR'S PERSPECTIVE
1. Lesser capital needs
2. Shared risk
3. Quicker expansion
4. Local motivation.
5. Opportunity and risk
6. Effective division of work generates less overhead and
less risk
11. FRANCHISEE’S PERSPECTIVE
• Get to know the local growers
• Promote a healthy lifestyle
• Grow with the industry
• Embrace the innovative concept that is the driving
force
12. CONCLUSION
For the franchiser, the franchise is an alternative to
building "chain stores" to distribute goods that avoids
the investments and liability of a chain. The franchisor's
success depends on the success of the franchisees. The
franchisee is said to have a greater incentive than a
direct employee because he or she has a direct stake in
the business.