Franchises are a really good opportunity to capitalize and make bigger my business model, but it has very specific challenges and risks, if you are not able to confront correctly, it would be a knightmare. That’s why it is important to make a good franchise strategy ensuring the success for the franchiser and franchisee.
WHY SHOULD I FRANCHISE MY BUSINESS MODEL?
- To capitalize my Know-how, brand and structure.
- To avoid other people copying my business.
- To support development and the generation of scale economies.
- To share the risk.
- Redefine your business model.
- Secure and protect your know-how.
- Give quality services to your franchisees.
- Evaluate your franchisees and support synergies and continuous improvement.