WHAT ARE THE BENEFITS OF MULTIUNIT FRANCHISING?
To Franchisees
• Greater earning potential – the more franchises you own, the more money you can make
• Lower operational costs – franchisor may provide discounts for running secondary units, like lower fees and royalties
• Staffing flexibility – access to a larger pool of staff, making it easier to cover absences and manage leave requests
To Franchisors
• Less training required – only one initial training course required to manage several outlets
• Lower franchisee risk – granting additional units to a tried and tested franchisee means less risk than selecting a new franchisee to operate a location
• Faster growth – time-saved on recruitment and training allows business to get up-and-running faster leading to quicker growth and higher profits