Franchise is your opportunity to set up your own business under a famous brand used by major international companies, so it is good to know what a franchise business is and what is the difference between the grantor of the commercial franchise and the one granted to him.
Franchisor Franchisor
Granted to him Franchisee
Expanding markets
Franchisor's involvement in success
Invest without paying capital
Leveraging the competitive potential of the donor
Low risk returns
Make profits with little risk
Benefits and features of a business franchise
Less investment risk
Provide continuous support and support from the franchisor who has long experience and knowledge
The opportunity for continuous development and modernization
Less trial and error because you get ready-made results and proven, corrected and improved methods for a long time that are rewarding
Utilizing the capabilities of competition and marketing, and these are the basics of success
Utilizing the donor experience and ability to reduce operating and marketing expenses
Obtaining a well-known brand name and a presence in the local and international markets
Proven Marketing Capabilities
New ideas for development and improvement from the franchisor
Provide quality control and control by the donor
Availability and review of qualitative and continuous training programs
Provides information systems, and operation manual
Provides international quality specifications
Provides a regulated and efficient supply chain
Factors that achieve success for the franchise partners
success factors
Mutual trust
Good reputation and credibility
The extension and inheritance of the main company's work experience
Continuous learning at the lowest cost from the donor
Knowledge and acceptance of the product or service and its presence for a time in the market
Maintaining a world class quality
Existence of a suitable commodity demand and market study
Competitiveness from the start
Ease of knowledge transfer
Provides a complete mental picture of the work
The presence of advanced management and operation systems
Operation manual
Provide good training
Address problems quickly
What is required at the beginning of the work and implementation of the franchise
Defining the responsibilities of the franchisees
Defining the duties of the franchisor
A study that determines the size of the investment and the levels of revenues and profits for both the franchisee and the grantor
Selection of franchise package components
Determine the franchise fees
Laying down the foundations for technical and administrative support and training fees
How to place the logos, decorations, colors and designs of the parent company
Establishment of the owning company and legal procedures
Preparing the franchise contract
Development of operating manuals
Preparation of manuals and initial training programs
Marketing and promotion programs
Promotion of franchise
Develop pre-opening work plan and budgets
Building the operational and technical support system
Review the conditions of the sites agreed upon
Opening plans
Marketing programs
Training programs
Cycle of products and services
customers service
Daily operation
Security and maintenance
HR
Administrative systems
Time Management
These matters are done by the franchise setup consultant in UAE who has long experience by a company that has fulfilled the conditions of the Emirates Association for Franchise Development and was granted membership of the Association as a consulting company in the franchise in the country.
https://scopeconsult.ae/2020/09/23/%d9%81%d9%88%d8%a7%d8%a6%d8%af-%d8%a7...