You have a successful career and are now looking for a new challenge? On the other hand, do you have school-age children and would like to take to the morning, take to the education time to re-establish? Then steering an own can franchise company maybe you for an interesting alternative to return to the employee.
Especially against the background that, despite a required quota of women and equality regulations are still large differences in average wages between men and women in similar positions, may be worth quite a franchise partnership. For here takes the franchise partner, whether male or female, the same risk and the same responsibilities – with identical earning potential. The decisive criterion for the long-term success here are the personal skills of the boss or the boss and not the transport strategy of the company in which you are employed or gender. However, a self as a franchise partner offers women additional benefits. Many franchises are designed so that they can be exercised in part time.
Thus, a simple balance between work and family is guaranteed as your workday within certain limits can adapt to the needs of your family. Ms. Hugger, franchise partner, describes the advantages of a franchise partnership as follows:
“I’ve always had fun at self-employment with personal responsibility and flexibility … The support was always very helpful. In addition, all of the material (manuals, educational materials, advertising templates, posters, flyers, etc.) is great and a huge relief in the early stages. ”
In the following list taken from indipendente-mente.it/franchising, we have put together the short character traits, thanks to which women typically win in this endeavour:
- Even during a normal day women also play at home very different roles (e.g., as a mother, partner, organizer, treasurer, etc.) – use this ability can also be wonderful in your own business
- Women find it easier in general, delegate specific tasks as needed also to take care of everything themselves always want – way to tackle over-exposure to the self-
- Women pick up faster than your male colleague’s council picks – and so often avoid errors
- Women are more consistent when it comes to meeting important decisions
- Women have better communication skills
The first part of our article we talked about the franchise founder Isaac Singer. Once he began to develop their business in this new way, his company grew steadily. The fees, which he asked for the license rights, helped him to finance his production costs. Besides, it was Singer possible – because each franchise itself was funded – say in the corporate characteristics of its licensees.
This franchise model has been copied in various industries. So it was Coca Cola used to expand throughout the United States by Coca Cola the burden created by production, storage and distribution of products, the local businessmen transferred, which had acquired the bottling rights.
Automakers that by equipping their mounting volumes wasted huge amounts of money found out that they could develop the commercial distribution networks, because they used the capital of independent dealers. For oil companies, such as Standard Oil and Texaco in the U.S. are granted licenses to convenience stores and car mechanic workshops. In the 50-s, Ray Kroc saw the potential of a successful franchising hamburger stand. They compared him to Herny Ford because Kroc introduced the assembly line in the fast food industry. Whether coffee and sandwich bars, chicken, pizza and taco stands – many markets in the food industry are now licensed.
In 1954, Ray Kroc bought the agent the license to market a restaurant in San Bernardino in the western U.S… On 2 March 1955, he started his own company. The entry in the commercial register was McDonald’s system, Inc. the restaurant in a sleepy provincial town a worldwide chain with over 30,000 farms has become – of which three quarters are Franchise operations.
Currently, there are over 800 franchises in Germany, according to franchising.kikiamo.it about 75% of all franchisors are in the DFV (German Franchise Association) organized. He tries with strict inclusion criteria and a comprehensive code of ethics, the serious disconnect from the dubious providers.
Experts cannot even tell you exactly how many franchise systems there are now worldwide. It is certain that the number of franchisors grow. Franchising is all over the world in every industry on the rise. The American futurologist John Naisbitt predicted: “In the year 2010 be the most successful franchises worldwide distribution channel.”
A franchise system is a partnership of independent contractor. The franchisor develops, multiplies, optimizes the performance proven operating model and leads continuously through innovation. The independent franchisee takes over after a comprehensive initial training under the name / brand of the franchisor that relates to the respective operating type concept and applies it in the local market.
Franchising is often described as a “partnership for profit” (“Partnership for economic success”). This means that independent contractors “under one roof” work together for mutual benefit. In this way, the benefits of a strong brand and a sophisticated approach combined with the dedication to the company site.
There are three different options for you to own in Franchising:
- As a franchisor
- As a franchisee
- As a master franchisee
- Of franchising development
The word “franchise” was used both in France and in the UK. Later in the United States understood in an expansion of its importance as a granting of a privilege, the king or the state of reliable personalities awarded, which was thus a monopoly-like rights granted, paid one in public interest or the commercial production to operate with certain products.
In the later meaning of the word is then in the Anglo-Saxon to the granting of permission to use in a commercial way, the rights granted to another. Also in France, the word franchise has received next to the original meaning of the commercial character of a use and distribution law.
Franchising, as we know it today, was born with the Singer Sewing Centre, which was founded in 1858 by Isaac Singer. Having invented the sewing machine, Singer was when he brought this to the market, faced with two problems. The first problem was that the customer had to become familiar with the new invention before they ever bought. The second problem was that Singer had sufficient capital to produce their machines in large numbers. He then came up with the idea to sell the rights at local businesspersons, so they sell the sewing machines and the buyer was acquainted with the operation of the machine could.
After he had gone down this path, his company grew steadily. The fees, which he asked for the license rights, helped him to finance his production costs.