A franchise helps in finding and retaining the employees who are quite good but a business spends enough while doing this. When a business owner hires a manager and provides all the necessary training that are required and after some time they come to know that the manager has left the company or have been hired buy their competitor. This problem is not faced by a franchise. The legal help hotline San Francisco is someone who is best in helping people with any sort of problem.
Overcoming the problem
The Franchising will allow the start-ups or the entrepreneurs to overcome with these problems by opting for a franchisee who is quite motivated. As the franchisee has both an investment as well profits, the unit performance of the business will definitely improve. And as the franchisor's income is also dependent on the franchisee's sales and not at all on the profitability, monitoring the unit level expenses has become quite less.
Is the business you are doing is franchise able?
Any type of business can be franchised depending upon certain criterions which needed to be fulfilled which are stated below.
Needs to be credible: Does the business have an experienced management? Have you ever achieved public acclaim or good local press?
Needs to be Unique: Can your business be differentiating from the others? The business which you are operating, does it have a sustainable competitive advantage compared to any other business?
Needs to be teachable: The operating procedures that you are following are documented or not. Is it possible to learn your business in less than three months by a person who does not contain any idea about your company?