Common Mistakes Made by Most of the Franchisors - PowerPoint PPT Presentation

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Common Mistakes Made by Most of the Franchisors

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Franchisee and the customer, the beauty of franchising is that it creates a win-win situation for all players involved Franchisor. – PowerPoint PPT presentation

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Title: Common Mistakes Made by Most of the Franchisors


1
Common Mistakes Made by Most of the Franchisors
https//www.haldiramsfranchise.in/
Mobile 91-7596886192
2
  • Franchisee and the customer, the beauty of
    franchising is that it creates a win-win
    situation for all players involved Franchisor. A
    lot of new Franchisors make some basic and common
    mistakes, with all the great advantages
    Franchising brings to a franchise brand to the
    end of their brand which sometimes leads to
    abandoning their franchise expansion program in
    the initial stage itself and in worst-case
    scenario.

https//www.haldiramsfranchise.in/
Mobile 91-7596886192
3
Which most of the budding franchise brands make
in their initial stages of expansion here are
some common mistakes?
  • Getting too excited with the inflow of Franchise
    inquiries
  • Simply because they get frequent franchise
    requests may be from their family or friends, we
    have seen brand owners getting curious to
    franchise their business. Such franchises neither
    give any return to the Franchisor nor they have
    control over their systems for these locations,
    we have seen in most cases.
  • Franchising without planning one need to
    strategically plan while making the decision to
    franchise his business, Franchising is not an
    impulse decision. Processes and ends up losing
    control of their franchises and even
    misappropriate use of their proprietary marks and
    confidential procedures, in most cases, the brand
    owners start inviting franchise enquiries without
    having worked upon documents.

https//www.haldiramsfranchise.in/
Mobile 91-7596886192
4
  • Recruiting wrong franchisees
  • wrong franchisees in your franchise eco-system,
    the most dangerous step in franchising is to
    recruit. Sometimes for the sake of entering new
    locations and sometimes for earning the initial
    franchise fee, most franchise brands fail to
    filter such candidates and recruit incompatible
    franchisees. However, it can even pose a serious
    threat to the brand in the future they dont
    realize that such franchises will only be
    liabilities for the brand.

https//www.haldiramsfranchise.in/
Mobile 91-7596886192
5
  • Selecting wrong locations
  • A strong franchise system, a good franchise
    partner but a wrong location, just imagine you
    have a good brand. To carry out a feasibility
    study and market analysis, this happens mostly
    when the franchisor and franchisees fail.

https//www.haldiramsfranchise.in/
Mobile 91-7596886192
6
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