The main reasons for franchise failure
The Journal of Franchise
by F. Georges Sayegh
6M ago
F. Georges Sayegh, A.S.D., C. Adm., Fellow CMC of Quebec and Ontario, is an expert- consultant in franchising and technology transfer. He is also the author of 18 books on franchising and related businesses. To reach him: gsayegh@gsayegh.com; Tel: (514) 216-8458. When we talk about franchising, we often refer to the lucrative opportunities the industry offers potential entrepreneurs who want to go into business for themselves. In this article, the author takes a look at the combination of mistakes that can lead a potential franchisee to failure. From the franchisee’s point of view Franchis ..read more
Visit website
What a franchisee is looking for in a business relationship with a franchisor
The Journal of Franchise
by F. Georges Sayegh
8M ago
F. Georges Sayegh, A.S.D., C. Adm., Fellow CMC of Quebec and Ontario, is an expert- consultant in franchising and technology transfer. He is also the author of 18 books on franchising and related businesses. To reach him: gsayegh@gsayegh.com; Tel: (514) 216-8458. When we think of franchising, the first thing that comes to mind is a commercial relationship where a franchisor grants the franchisee the use of its brand, its commercial name, and assists in its operations in exchange for payment of an initial franchise fee for pre-opening services and a royalty payment for ongoing services. In ..read more
Visit website
What distinguishes franchising from business opportunities?
The Journal of Franchise
by F. Georges Sayegh
9M ago
F. Georges Sayegh, A.S.D., C. Adm., Fellow CMC of Quebec and Ontario, is an expert- consultant in franchising and technology transfer. He is also the author of 18 books on franchising and related businesses. To reach him: gsayegh@gsayegh.com; Tel: (514) 216-8458. Whether it’s home appliances, auto and truck services, soft drinks, children’s services, apparel, computer training, construction services, dating services, coffee machines, decorative concrete coating systems, education, food service, milk routes, potato chips, or decorative back patios, to name but a few, franchises and business ..read more
Visit website
EXPANDING A BUSINESS ACROSS THE BORDER
The Journal of Franchise
by F. Georges Sayegh
11M ago
F. Georges Sayegh, S.A.D., Fellow CMC, is an expert-consultant in franchising and technology transfer. He is also the author of 18 books on franchises and related businesses. To reach him: gsayegh@gsayegh.com; Tel.: (514) 216-8458. Multi-concept (multi-brand) franchises and multi-franchises are not new phenomena. Before delving deeper into the subject, the author has extracted a few definitions from his dictionary entitled “Dictionnaire et Lexique Français-Anglais de la Franchise”, including: “Multi-concept franchisor – Franchisor who creates, develops or provides multiple of franchis ..read more
Visit website
(Part 2) The impact of the Covid-19 pandemic on the labor shortage in franchise networks
The Journal of Franchise
by F. Georges Sayegh
11M ago
F. Georges Sayegh, S.A.D., C. Adm. A., FCMC of Quebec and Ontario, is an expert-consultant in franchising and technology transfer. He is also the author of 18 books on franchises and related businesses. To reach him: gsayegh@gsayegh.com; Tel.: (514) 216-8458. In conclusion Understanding the changes in the workplace caused by the pandemic is essential in order to successfully manage your business. The following four trends are shaping the franchise workforce in 2022 and can help businesses and franchise networks stay proactive in the current climate. Businesses should focus on the following: P ..read more
Visit website
How to determine whether a franchise investment makes financial sense
The Journal of Franchise
by Jeff Elgin
11M ago
What is a reasonable rate of return on investment in a franchise opportunity? Though the question seems simple, it is still an important one, so let’s analyze the factors involved in getting an answer. Usually computing the return on an investment is a fairly straightforward and intuitive process. When you invest in the stock market, for example, you know exactly how much money you paid for the stock. Your return usually consists of a combination of dividends paid to you while you owned the stock plus any appreciation in the stock value when you sell it. If you pay $100 for a stock that pays y ..read more
Visit website
EXPANDING A BUSINESS ACROSS THE BORDER
The Journal of Franchise
by F. Georges Sayegh
11M ago
F. Georges Sayegh, S.A.D., Fellow CMC, is an expert-consultant in franchising and technology transfer. He is also the author of 18 books on franchises and related businesses. To reach him: gsayegh@gsayegh.com; Tel.: (514) 216-8458. Prior to the Covid-19 pandemic, many companies took supply chain and personnel management for granted. Today, manufacturers, importers, distributors and franchisors are faced with both supply chain management and workforce management issues. In addition, the rising rate of inflation has forced the Bank of Canada to raise its key interest rate. This rate now affe ..read more
Visit website
EXPANDING A BUSINESS ACROSS THE BORDER
The Journal of Franchise
by F. Georges Sayegh
11M ago
F. Georges Sayegh, S.A.D., Fellow CMC, is an expert-consultant in franchising and technology transfer. He is also the author of 18 books on franchises and related businesses. To reach him: gsayegh@gsayegh.com; Tel.: (514) 216-8458. Expanding one’s business across the border is an exhilarating prospect for many — and a pressing, sometimes stressful, reality for others. New markets. Fresh revenue streams. High returns on reinvestment. Revitalized product development. “Going global” is a strategic maneuver opening the next chapter for many organizations seizing an opportunity to expand t ..read more
Visit website
(Part 1) The impact of the Covid-19 pandemic on the labor shortage in franchise networks
The Journal of Franchise
by F. Georges Sayegh
11M ago
F. Georges Sayegh, S.A.D., C. Adm. A., FCMC of Quebec and Ontario, is an expert-consultant in franchising and technology transfer. He is also the author of 18 books on franchises and related businesses. To reach him: gsayegh@gsayegh.com; Tel.: (514) 216-8458. The COVID-19 outbreak has had major economic, political and social effects around the world, causing global disruption affecting business, financial, health and education systems and, more specifically, the franchise industry. Franchises have not been as affected in the last 100 years as they have today. The disruption has impacted su ..read more
Visit website

Follow The Journal of Franchise on FeedSpot

Continue with Google
Continue with Apple
OR