However,
the franchisor knows that their money comes from their various establishments, so they are not interested in making sweeping changes, unless it is going to further maximize profits for everyone, or make things run more efficiently.
Not exact matches
Everything you could possibly want to
know about a
franchisor suddenly appears before your eyes.
Everyone
knows that researching the market is extremely important, but I would also recommend researching the potential
franchisor thoroughly as well.
Most
franchisors won't spend a lot of time with you if you don't
know your basic financial information.
I
know it sounds totally cliché but after building
franchisors for the last almost 20 years, «as the franchisees go, so does the
franchisor.»»
This much we do
know: Research done during the past 10 years shows top quartile
franchisors put an average of 40 and 45.6 percent to the bottom line in 2001 and 2002 respectively.
Today's increasingly sophisticated franchisees
know what most
franchisors want and may tailor their answers to suit the situation — even when the ultimate result isn't in their best interest.
If you
know how to read financial statements, this information will give you a good understanding of the
franchisor's financial health.
Hoon chose to work with NTY after meeting Ron Olson, NTY's cofounder, who'd started the
franchisor now
known as Winmark, a Plymouth - based company whose franchise brands include resale stores Once Upon a Child, Play It Again Sports and Music Go Round.
If you need a special license, the
franchisor will let you
know and may even help you get it.
This turned out to be a perfect fit: The Fortune 500 company is a multi-unit, multi-brand franchisee and
franchisor for more than 850 concepts and
knew exactly where to start.
For these reasons, the Ontario government introduced comprehensive legislation,
known as the Arthur WIshart Act, designed to ensure that potential franchisees are properly informed about the franchise system they are entering, and to provide protections and remedies when
franchisors engage in misrepresentation or operate in a way that is unfair to their franchisees.
In Franchise Canada's Spring 2013 «Viewpoints» feature, McInnes Cooper franchise lawyer Michael Melvin answers this question for
franchisors and franchisees: What do I need to
know about moving into new markets?
If you had a contract with a foreign controlled company that was incorporated in the U.S. (a well
known example of such a company would be the
franchisor of the 7 - 11 chain of convenience stores along with its company owned stores) then you could sue in the U.S. state where it was incorporated on any matter.
William has acted for a number of
franchisors, including a well -
known nationwide photographic shop business and a well -
known supplier of butane gas, in several cases concerning the enforcement of the terms of their franchise agreements against franchisees;
Hilton has 730 hotels comprising some 100,000 rooms in its development pipeline, the largest ever for the 87 - year - old
franchisor of Homewood Suites, Hilton Garden Inn, Hampton Inn and other well -
known flags.
Based on the success of the pilot, the
franchisor has plans to launch it in various markets across the U.S., offering a two - lane option for agents to present to sellers — the fast lane and the express lane, both backed with the transparency and security of a seasoned franchise, and both able to provide sellers with a degree of security in
knowing when their home will sell.
While other companies and
franchisors are working toward earning the attention of the industry, a growing number of real estate professionals looking for a new place to call home are seeking out the iconic CENTURY 21 ® brand, which is
known in the market as a community of like - minded entrepreneurs who ideate and share best practices.
, Other Information: Interstate Access, Appliances: All Stainless Steel Kitchen Appliances, Bath Amenities: Double Shower, Age: 41 - 50 Years, Disability Access and:
No, Garage On - Site: Yes, 1st Floor Bedroom, Offered for Sale or Rent:
No, Additional Rooms: Office, Additional Sales Information: None, Recent Rehab (Y: Yes, Additional Rooms: Balcony, Additional Rooms: Foyer, Balcony, Hardwood Floors, Porch, Cathedral Ceilings, Fireplace Location: Living Room, 2nd Floor Laundry, Bar - Wet, Additional Rooms: Walk In Closet, Laundry Flooring: Hardwood, Is Parking Included in Price: Yes, Appliances: High End Refrigerator,
Franchisor Feed (y:
No, Garage Ownership: Owned, Laundry Level: 2nd Level
Although each confines its official relationships with independent brokerage companies to that of
franchisor - franchisee, both are
known to be supportive — both financially and organizationally — of expansion of their networks through acquisition activities by their franchisees.
The previous article quoted was talking about a dream and a world where the Franchise Pyramid scheme
no longer exists, which now is impossible because all
Franchisors are publicly traded companies.
«As a leading global
franchisor, eliminating franchisees during the deepest downturn in the real estate industry since the Great Depression was a difficult decision, however, one we
knew would pay significant dividends in years to come,» says Davidson.
He was the first Canadian to be named to the International Franchise Association's prestigious Hall of Fame, joining such internationally well -
known franchisors as Ray Kroc of McDonald's, Dave Thomas of Wendy's, Colonel Harland Sanders of KFC, Dave and Gail Liniger, Re / Max International and Henry Block of H&R Block.