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Top 8 Benefits of Franchising a Business!

By AFA on 05/25/2010

Franchising represents the perfect "next step" for growing a company.  Here are just a few of the reasons why a company might franchise:

  1.  Lower Capital Investment
  2.  Rapid Expansion
  3.  Market Dominance
  4.  Better Managers
  5.  Profitability
  6.  Buying Power
  7.  Greater Name Recognition
  8.  Shared Advertising and Marketing Expenses

 New Revenue Streams including:

  • Franchise license fees
  • Franchise and advertising royalties
  • Services provided to the franchisees
  • Sales of products and supplies to franchisees
  • Rebates from vendors and suppliers
  • Sales of logo and signature products
 
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