OFFSHORE
Offshore Dubai
Offshore BVI
Other Offshores
 
   
FRANCHISING SERVICE
 

Franchising is an effective and fast way to establish a new business it substantially reduces the gestation period and entrepreneur shall be embarking on the tried and tested products and services. AGN MAK can offer franchise from UK, USA, Europe, Canada, Australia etc for any major Products or Services

Franchising is the most dynamic method of business expansion ever devised. By franchising, many business have grown from a handful of units (or even just one unit) to hundreds or sometimes thousands of units within a few years. No other approach even comes close to the market scope and growth rate offered by franchising. Franchising is a method of marketing and distribution. It works by cloning a successful business. Basically, franchising is an arrangement whereby one party (the franchisor) grants another party (the franchisee) the right to run a business using the trademarks and business system (format) developed by the franchisor. For this right to copy the successful business, the franchisee pays a front-end franchisee fee. The franchisee also pays a franchise royalty, which is a percentage of sales ranging from about 3% to usually not more than 8% of the franchisee revenue.

Advantages to the Franchisor :
By franchising, one can:-
Expand the business more rapidly
Since the franchisees contribute to an advertising fund, one can expand brand awareness with out financial commitment

The franchisees provide the capital for expansion, which allows a high degree of financial leverage

Franchisees are far more motivated to to maximize sales and profits than salaried branch managers

Franchisees are also more responsive to local markets than salaried managers
Finally, franchisees are an important source of new marketing and product concepts, which can benefit entire franchise network and increase the royalties received

Advantages to the Franchisee:-

The franchisee buys into an already proven business concept- he does not have to “reinvent wheel”
Through training and manuals, he has a well defined track upon which the business can be operated.

As issues arise, he can turn to the franchisor for advise and expertise

As the franchise network expands, he receives the benefits of enhanced brand recognition

Franchisees are also more responsive to local markets than salaried managers
When the franchisees as a group gain experience, they can provide ideas and answers to each other's questions
In short, the franchisee is in business for himself, but not by himself

Despite these powerful advantages, franchising, like any other business activity, does carry risks and requires significant effort. It is not without challenges and risks.

AGN MAK International Consulting helps you to minimize the risks and maximize the chances of success for all involved.  AGN MAK renders professional guidance of franchising business through out Middle East and particularly in UAE.


..........................................................................

Copyright 2006 © AGN MAK INTERNATIONAL CONSULTING
Site designed and developed by kiteindia.com