Category: Business

Franchise is your opportunity to set up your own business under a famous brand used by major international companies, so it is good to know what a franchise business is and what is the difference between the grantor of the commercial franchise and the one granted to him. Franchisor Franchisor Granted to him Franchisee Expanding markets Franchisor's involvement in success Invest without paying capital Leveraging the competitive potential of the donor Low risk returns Make profits with little risk Benefits and features of a business franchise Less investment risk Provide continuous support and support from the franchisor who has long experience and knowledge The opportunity for continuous development and modernization Less trial and error because you get ready-made results and proven, corrected and improved methods for a long time that are rewarding Utilizing the capabilities of competition and marketing, and these are the basics of success Utilizing the donor experience and ability to reduce operating and marketing expenses Obtaining a well-known brand name and a presence in the local and international markets Proven Marketing Capabilities New ideas for development and improvement from the franchisor Provide quality control and control by the donor Availability and review of qualitative and continuous training programs Provides information systems, and operation manual Provides international quality specifications Provides a regulated and efficient supply chain Factors that achieve success for the franchise partners success factors Mutual trust Good reputation and credibility The extension and inheritance of the main company's work experience Continuous learning at the lowest cost from the donor Knowledge and acceptance of the product or service and its presence for a time in the market Maintaining a world class quality Existence of a suitable commodity demand and market study Competitiveness from the start Ease of knowledge transfer Provides a complete mental picture of the work The presence of advanced management and operation systems Operation manual Provide good training Address problems quickly What is required at the beginning of the work and implementation of the franchise Defining the responsibilities of the franchisees Defining the duties of the franchisor A study that determines the size of the investment and the levels of revenues and profits for both the franchisee and the grantor Selection of franchise package components Determine the franchise fees Laying down the foundations for technical and administrative support and training fees How to place the logos, decorations, colors and designs of the parent company Establishment of the owning company and legal procedures Preparing the franchise contract Development of operating manuals Preparation of manuals and initial training programs Marketing and promotion programs Promotion of franchise Develop pre-opening work plan and budgets Building the operational and technical support system Review the conditions of the sites agreed upon Opening plans Marketing programs Training programs Cycle of products and services customers service Daily operation Security and maintenance HR Administrative systems Time Management These matters are done by the franchise setup consultant in UAE who has long experience by a company that has fulfilled the conditions of the Emirates Association for Franchise Development and was granted membership of the Association as a consulting company in the franchise in the country.