There are regular reports in the media about the benefits of Instagram. But to what extent can franchisees really use the social media network? The platform offers entrepreneurs many opportunities to increase their own sales. In this context, it is crucial to correctly assess the advertising and legal hurdles. Success on Instagram depends on it.
Do you want to fall back on a crisis-proof business model when starting your business? Find out why franchising holds its own better even in economic crises. The corona crisis has already had a strong influence on many Businesses: Many Franchising companies had initially close to the spread of the coronavirus stem largely on legal arrangement. Further
Franchise License Sales vs Lead acquisition At this point, we will briefly go into the definition of these two terms, as both are often lumped into “one-pot”. In view of the success of both measures, we consider it extremely important to make a clear distinction here. A lead is a contact with a prospective franchisee.
Partner managers (or partner supervisors) are in constant contact with the franchise partners. They are the link between the head office and the partners and an important interface for a functioning communication and a successful network. Partner managers are closer to the Franchisee, know more about their business and also about their private issues than anyone else
You don’t know? What else is there to consider? The advantages of a restaurant franchise are obvious. You do not need To start with Adam and Eve, but can Jump right in. Instead of taking on a questionable successor elsewhere, it is better to rely on the tried and tested with a guarantee of success that will secure your sales so
2020 is already in full swing and will bring a breath of fresh air to the franchising world. Franchise 2020: What can we expect this year? New year, new resolutions. Anyone who claims they didn’t plan for 2020 is probably not entirely honest. Anyone who thinks it is time to completely turn life inside out and
Franchisors determine the course of a franchise system – and can quickly achieve success. The job has many advantages, but also some disadvantages. The Advantages Of The Franchisor Expansion Force In a pure branch system, the founder has to raise significant financial resources to finance the expansion. On the other hand, as a franchisor, the entrepreneurial risk in
A well-engineered business idea seeks rapid dissemination: this is a franchise from the franchisor’s point of view. What is a franchisor? As a franchisor, you are an entrepreneur like everyone else – but with one important difference: you grant the right to exercise your business concept to franchisees who are also independent entrepreneurs. Seen in this way, the franchisor
