Advantages of a franchise (part 3/3)

Advantages of Owning a Franchise The main advantage of owning a franchise is the feeling of freedom that being self-employed brings. This freedom is enhanced by the knowledge that the owner has invested in a proven system and has the training, support and encouragement of other franchisees and the franchiser. Owning a franchise could also [...]

Franchise/licence/distributor? (part 2/3)

How does it Work? In a basic franchising arrangement the franchiser has developed methodologies and practices for conducting business. The system, on the whole, has been found to be successful but there is no guarantee of the “level” of individual franchisee success! The franchiser, wishing to emulate the success of the original business system, usually [...]

Franchises (part 1/3) – to buy or not to buy

Franchising is a system of business that has grown steadily in the last 50 years and is estimated to account for more than one-third of the world’s retail sales. There are few of us how who are not aware of some form of franchising. Franchises range from the ubiquitous McDonalds to valet services, medical, dental [...]