Franchising is a method which is generally used to expand the business as well as for transporting good and services with the help of a license. In this, the franchisor not only specifies the product and services will be offered by the European Master Franchisees. They also help in providing them with the operating system, brand, and support. There are basically two kinds of franchising relationships: Business format franchising and Traditional product distribution. Business format franchising is the trending and most common amongst everyone. In this, the franchise provides to the European Master Franchisees, not just the tradename, products, and services but also the entire operating system. But in the Traditional product distribution, you will have large sales as compared to the business format franchising. One should understand that the main root cause for the long run franchising is based on relationships.
Eligibility criteria to find the right and appropriate European Master Franchisees There are some eligibility criteria to choose an appropriate master franchisee in the field of franchising. Several corporate franchisors also seek for the master franchisee. This overall is a very crucial decision as it will only make or break the growth of the business brand. Let's have a detailed look at all of them.
0 Comments
Leave a Reply. |
|