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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?. - PowerPoint PPT Presentation
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THE FRANCHISEBy: 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?
A franchiser is the person who owns a franchise and is the boss
of that franchise.
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
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
ADVANTAGES OF BUYING A FRANCHISE
When you buy a franchise, you are buying an established concept
that has been successful.
MORE ADVANTAGESYou’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.
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!
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.
MORE DISADVANTAGES
Some Franchises are little known and will not be very successful.
However buying little known Franchises could be too expensive.
EVEN MORE DISADVANTAGES
Some franchisers will not help you start a new franchise and will
leave you hanging off the end of a cliff.
THE NEW INTERESTING FRANCHISE!
Bricks 4 Kidz is a new company that allows children to play, build,
and learn with Lego Bricks.
ANOTHER INTERESTING FRANCHISE!
Kona Ice brings their trucks to events to sell shaved ice to
customers so they can flavor it themselves!
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
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