Franchising (Franchise) 1. root words from the language of France is "which means" special rights "Franchir" "Franchise" that parent company the privileges granted to those who participated in this promotion by joint venture will cover almost all systems so that those who participate in its affairs. Be able to do business even if you are not experienced at all. 2. "the franchise" means a business strategy or market in the distribution of goods or services to consumers by business unit, which was successful, and want to expand their services or products (the parent company) through the retail unit (company membership), which is an independent practitioner, and both sides have made a contract or an agreement together. Under the trade mark or service. Marketing techniques and the power of the parent company. In the business unit control gain to be paid fees and royalty (royalty) from the Member companies.Franchising (Franchise) means a business system that consists of three main characteristics: 1. must have owner rights (Franchisor) convey the science business payee permission for everything closely. 2. user permission (Franchisee) will have to pay the fee. The trade name is used as a charge. Initially (Franchise Fee) 3. the recipient permission to pay compensation (Royalty Fee) continuously according to the proportion of the performance may be collected as a percentage. Per week, per month or per year from the sale, or maybe it could be obtained from the order amount.1. Franchise Brand or Product as a Wholesaler license to franchise systems distributor (wholesaler), as well as the Franchisor's products provide the right to use the trade mark of the manufacturer.2. a Business Format Franchise Retailer systematically granting franchise to distribute the product without having to live in the way of doing business, the standard store (retail)3. Conversion is a leading business-to-Business Franchise that has already come together to create a network that will aid in the negotiation, mutual benefit in the field of advertisement, known as consumers increased business. Business car rental company, tour, etc.Adi business system franchise (Franchise)1. reducing the risk: that many people are saying that it wants to buy both packages want to buy anything that is finished is to buy a franchise (Franchise), then no losses cause a misunderstanding. Shi's franchise (Franchisee) to expect that if a certain profit must be purchased, but did not see what factors, there must be several market research first.2. taking advantage of the trademark and the composition of the market: for example, if he will make a restaurant. See this tag, and then to the tongoroi he must benefit.3. save time and money: using the accounting system is the First in – First out. Money comes in, we need to keep for as long as possible, but the money will be released to try to pull for as long as possible, such as Bill.4. shortcut to gain business knowledge: 1 learning in the Sun, on the other hand, 1 week later, is.5. get an item and business systems with a new research and development: Research and Development is required to buy a franchise shine (Franchisee)The disadvantages of the system business franchise (Franchise)1. There are restrictions to work. Lack of freedom to be yourself: is a specific contract terms.2. the expenses incurred in the payment of fees and compensation: this is important because each buyer/finance franchise (Franchisee) has already paid what he was going to come back to help, he does what he has to advertise? Because everything that the buyer pay franchise He will look at whether there is anything back to him?3. an opportunity given, contracts are easy: If the franchises (the Franchisor), there are no defined notion of insurance sales, you would be a problem, as the same.4. crash of the franchises: the franchises (the Franchisor) good business opportunities that will see accelerated sales franchise (Franchise) without a valid system support as we will sell the franchise (the Franchisor) we will have to look at whether people bought the franchise, we will see him (the Franchisee), however, we have seen what can plan. What he sees is that the owners had, however, vision. Vision to see in the short term. The long term so that he can ensure that the franchise (Franchise) that he bought with a valid business development plans.Benefits of franchising1. to rely on name/branding2. to rely on marketing expertise3. training and administrative support.4. product quality that is standard.5. product and business model has been proven.6. financial support7. protected territories ActSelecting a franchise business.1. study the information, the company makes it clear that any kind of business. Who is the target of a local business that we will open the store in this business or not, and this business is saturated with "we" anyway?2. the company has been expanding and how management established how long. Product quality and market or not. The company's financial performance and coverage groups (ReqGroup) form. Management systems, and business development goals, how Experienced and talented management team to do?3. a member of the franchise is how progress should listen to the opinions of members in several franchise network as supporting the business assessment and its own decisions.4. the assistance received from the companies, especially in terms of management and operation, as well as guidance and consulting of new members, including helping members expand ...5. expenses that the company collected from franchise China Sea. Between the participating franchise, reasonable or not.6. content of the contract and the terms of cooperation. Who will invest in the business franchise should fully understand the terms and conditions that the parent company proposed. By studying the contents of the
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