there are franchisors
Business Design – A Look into the Future
When the Developer of an investment project, on the instructions of the Customer, is working on the next business plan, as a rule, the “depth” of calculations, forecasts, business development strategies does not exceed three to five years, in rare cases more.
And no one, no one, in principle, wants to look “beyond the horizon”, look for a longer period … But what will happen to this “conditional investment project” in 10-15 years? Devastation or prosperity? Will this business exist in the future? If so, in what form? And the most interesting … And how much can it (business) cost in 5, 10, 15 years?
Increase sales without investment! Continue reading
Where and how to find dealers: 6 best ways
What are the pros and cons of various ways to find potential dealers and wholesalers? We select the most effective methods for creating and expanding the dealer network.
Sooner or later, any entrepreneur striving to develop his business, comes to the conclusion that the market in one region has a limited number of consumers. One of the most budgetary ways to expand sales channels is to create a dealer network. But the question arises, where and how to find dealers? And, most importantly, what methods will give the greatest return? Below we have presented the 12 best ways to find and attract dealers.
1. Take part in exhibitions
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Franchise Agreement: Avoiding Pitfalls
Trend product 2019. Developed by the psychological center “1000 Ideas” in conjunction with the team of the business portal.
Recall that, being a legally contract of independent equal partners, in reality the franchise agreement nevertheless presupposes the concentration of most of the powers in the hands of the franchisor (franchise owner). At the same time, an entrepreneur who wants to open his own business under a franchise agreement is forced to either accept the terms and conditions or seek another partner.
Nevertheless, if at the stage of concluding the contract special attention is paid to certain provisions of the agreement, this will help to avoid many pitfalls in the future. This is especially important to remember, since almost all agreements are developed by franchise owners, which means that they are created in the interests of the franchisors themselves. Continue reading