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The Franchise

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15 diapositives · 377 Views · Jul 29, 2014

The Franchise. By: Austin Schmale. How a Franchise works. Depending upon the type of a franchise, a franchise business is different than any other type of business due to rules and regulations set by the franchiser. What is a franchiser?.

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The Franchise
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  1. The Franchise By: Austin Schmale

  2. How a Franchise works Depending upon the type of a franchise, a franchise business is different than any other type of business due to rules and regulations set by the franchiser.

  3. What is a franchiser? A franchiser is the person who owns a franchise and is the boss of that franchise.

  4. The history of Franchising!!!  The roots of franchising can be traced to the end of the Civil war Franchising really started to grow at the beginning of the 1900’s Modern franchising evolved during the 1950’s while expanding for the World War 2

  5. More history about franchising  During the 1980’s franchising began a period of exponential growth In 1980 approximately 1600 businesses franchised By 200the number had more than tripled

  6. Advantages of buying a franchise When you buy a franchise, you are buying an established concept that has been successful.

  7. More advantages You’ll get a lot of help when you start a business and also afterwards. When you buy a franchise, you get all the equipment, supplies, and instruction or training needed to start the business.

  8. Even more advantages! A franchise Business can be immensely profitable. It might already have built in customers. And it could even have greater buying power!

  9. The disadvantages You have to do a franchise in the franchisers way. You can’t do it any other way. It has to be done to the T.

  10. more disadvantages Some Franchises are little known and will not be very successful. However buying little known Franchises could be too expensive.

  11. Even more disadvantages Some franchisers will not help you start a new franchise and will leave you hanging off the end of a cliff.

  12. The new interesting franchise! Bricks 4 Kidz is a new company that allows children to play, build, and learn with Lego Bricks.

  13. Another interesting franchise! Kona Ice brings their trucks to events to sell shaved ice to customers so they can flavor it themselves!

  14. Yet another interesting franchise! Smashburger franchising is a 20 year old restaurant industry that gives hamburgers to restaurant's like McDonald's and Long John Silvers

  15. The end and my sources http://www.entrepreneur.com/franchises/topnew/index.html http://sbinfocanada.about.com/od/franchiseinfo/a/buyfranchise.http http://franchises.about.com/od/franchisebasics/a/history.htm