Information and advice

Franchise is a way to own store with the global-known mark. It’s used by the world’s largest brand, so it is worth to know what business with franchise license.

Own business, even by the franchise carried out with someone else’s banner is one of the best ways to high earnings. And very importantly, the risk of loss in their own economic prowess is lesser with the franchise. When we read about the franchise webs, usually we associate them with food restaurants such as McDonald’s or TelePizza. These businesses actually operate on the market as a franchise icon, in the end are the giants of this market, by the way, well-known franchise brands is considerably more.

By purchasing the license franchise we declare to conduct business at each own risk, however still under the banner of the franchisor. Global-known brand is intended to encourage more end-users and substantially reduce the risk of bankruptcy. Decide to cooperate on a franchise basis, (SFA system) both parties confirm the agreement imposes mutual obligations. The main responsibility of the franchisor is licensing the brand and the resource of knowledge about developing the business on a constant base throughout the length of the agreement and the main thing of the franchisee is to follow a common web-wide rules for conducting business and covering franchise fees.

Another issue is to have attractive logistic and in that issue good way is to use direct store delivery. Franchise is not just about selling the confirmation to use the snare logo or brand, it’s about the entire networkof doing deals. The word “system” is the key to understanding the principles of business based on the franchise- . Recipient license might in fact possess from the giver licensing systemand regular care – train for himself and crew on marketing campaigns to help the sale or know-how for the industry for example acquaintance about the particulars of billing and accounting.

For this help provide the franchisee franchisor so initial fee for granting a license and then – for the duration of the contract – to pay the giver a certain percentage of their turnover. This finances is used to benefit the whole snare and serve all receivers a license – they are allocated among on marketing research, growth of new commodities and adv campaigns. Composing it with (see double wood bed with mattress) direct store delivery is the best method.

To sum up: the franchisee possess in its business experience, knowledge and methods upgrading by the donor licence.