FUNDAMENTALS OF FRANCHISING
Course Details
Introduction to Franchising – What Makes a Business Franchisable?
In this workshop you will gain an understanding of what franchising is and its history. We will look at the different types of franchise models, the types of fees that most systems have, including initial/royalty and marketing fees. You will gain an understanding of the legal documentation -Franchise Agreement and Disclosure Documents and why it is critical to get expert advice. On the day we will also explore what makes a business franchisable.
LEARNING OUTCOMES
- What makes a business franchisable
- Identify the different fee structures within a franchise network
- The different types of franchise business models
- Advantages and disadvantages of franchising
- Franchising Code of Conduct requirements
- The different types of legal documents required in a franchise system
Who Should Attend
If you are looking to franchise your business and want to know more about the different structures, fee payments and legal documentation then this course is for you. This course is recommended for business owners, operations managers, senior management, franchisors and franchising professionals looking for insights into franchising.