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Franchising Basics
One of the fastest ways to establish a business is to purchase a franchise. Historically, the concept of a franchised business became popular in the 1960s and has continued to increase in economic importance. Franchising involves drafting a contract between a manufacturer (franchiser) and a dealer (franchisee), which stipulates how the manufacturer’s or supplier’s products [...] .......
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Federal Government Launches Inquiry Into Franchising Industry
SmartCompany:
Just weeks after the collapse of the Kleins franchise chain, Federal Parliament has announced an inquiry into the franchising code of conduct.
The Parliamentary joint committee on corporations and financial services will examine the operation of the code and look at ways it could be improved. The terms of reference sets out four areas to be [...] .......
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Saudi ALJCSP Launches A New Franchising Support Program
MENAFN:
Abdul Latif Jameel Community Services Programs (ALJCSP) has launched a new franchising support program, which is aimed to create new job avenues by identifying franchising opportunities from international and local companies.
ALJ Small Business Fund will support potential franchisees. Saleh Yahya Mohanshe received a loan from Bab Rizq Jameel Franchising Program to start his own ‘7 [...] .......
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Air-Duct Firm Opens Doors To Franchising
The Detroit News:
As it approaches its 40th anniversary, Utica-based Safety King is looking to expand by franchising its business model throughout Michigan and the United States.
Known locally for its red trucks, the air-duct cleaning company hopes to have more than 50 franchises within the next two years, said founder and President Michael S. Palazzolo.
The new [...] .......
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Multiple Franchising
A variety of terms have been used to describe the techniques in franchising
known and described below as area development, subfranchising, area representation,
and franchise brokerage. The most common of these terms are “multiple-unit
franchising,” “multiple franchising,” “multi-tier franchising,” and “master franchising.”
Close analysis of these terms indicates that perhaps the term “multiple-unit franchising”
is the most appropriate to describe [...] .......
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Are U Hungry LLC is now Franchising as Sandwich University
FranchiseWire:
Are U Hungry, known to be the hottest late night spot at college campuses - such as Penn State University and West Virginia University, has announced that it will begin franchising its restaurants under the name Sandwich U.
Sandwich U is the answer for college students looking for unique sandwiches available for all day delivery or [...] .......
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International Franchising – Global Growth Continues
Franchising has taken root around the world with many franchises of all types now operating across the globe. Many popular American franchises – MacDonalds, Pizza Hut, KFC, and Subway – now have numerous stores in international locations.
The future looks bright for franchise owners, and prospective master license holders looking to establish new international franchise territories. [...] .......
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Franchising Tips For Entrepreneurs
MarketWatch:
Purchasing a franchise business has proven to be a smart business idea for many entrepreneurs pursuing the American dream. Entering the franchise arena isn’t without its risks, so it pays to carefully consider these franchising tips for deciding if it’s right for you.
“Purchasing a franchise operation with turn-key components can be a sound business decision [...] .......
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Case study talking tots
accountants and lawyers who understood franchising. They have also employed a local firmtheir website. They considered joining a franchising association but found them too expensive Related Links Franchising and how you can get into it .......
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Protesters save seven post offices from axe | News
the Crown post office in Essex Road, Islington, will now not go ahead as the Post Office is in talks with a retailer about franchising the branch. The Standard revealed yesterday that the decision to keep the Starch Green branch open came after.......
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Specialists: Franchising: HSBC Bank UK
Log on Find out more Franchising If you are thinking of starting aexpanding your business, you may wish to consider franchising. Franchising is a well established and successful method.......
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