Joining an established and well-managed franchise system can be rewarding, profitable and provide a level of security that may not be available to non-franchisees running their own independent businesses. As a franchisee, you are responsible for the day-to-day management of your business in accordance with your franchisor’s brand standards.
Not all franchise opportunities are equally sound investments. When you make the decision to become a franchisee, take a close look at what the franchisor can provide you:
- A proven and reliable method of doing business
- A clearly defined brand promise and a recognized brand name that you can leverage in the local market
- An extensive library of operating manuals and training programs for you and your management team, as well as support to train your other staff
- A headquarters and field support team that is focused on improving your bottom line performance as well as maintaining your brand standards in each of your company-owned and franchised locations.
- An active research and development program aimed at developing new products and services to keep you ahead of the competition
- A local and national advertising and marketing program that supports your business
- Opportunity to invest in additional locations
- Return on investment that meets your expectations
WHAT IT MEANS TO BE A FRANCHISEE
A franchisee does not actually buy a franchise, although he or she owns the underlying assets of the business, which may include land, building, and equipment. As the owner of his or her business, a franchisee enters into a license agreement with the franchisor and is granted the right to operate the business using the franchisor’s methods of operation, trademark, brand name, and service marks, offering the system’s products and services.
Use a recognized franchise lawyer as your advisor. We will help you to choose the best franchise and prepare everything for you to make your business work efficiently!