Franchising Magazine USA

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

Newspapers in English

Newspapers from United States