Franchising is the most popular system for growing a business
anywhere. According to every government survey, franchising has
experienced explosive growth since the mid-70s and is expected
to be the leading method of doing business in the new century.
Only in the United States, there are over 2,500 franchise systems.
These systems have in excess of 534,000 franchise units, which
represent 3.2% of the total businesses. This 3.2% of all businesses
controls over 35% of all retail and service revenue in the U.S.
economy.
As a matter of fact, franchising is one of three business strategies
a company may use in capturing market share. The others are company owned
units or a combination of company owned and franchised units.
Franchising is a business strategy for getting and keeping customers.
It is a marketing system for creating an image in the minds of current
and future customers about how the company’s products and services
can help them
Franchising is a network of interdependent business
relationships that allows a number of people to share:
• A brand
identification and related promotional investments
• A
method of doing business following
common strategies
• A
marketing system
In short, franchising is a strategic alliance between groups of people
who have specific relationships and responsibilities with a common goal
to dominate markets, i.e., to get and keep more customers than their
single competitors.
Franchising means to share advertising costs (for example) and/or reach
more customers with the same investments, franchising means to provide
to Customers a widespread service wherever they are, franchising means
to work in team sharing a philosophy that brings to success and satisfy
the market request. Joining now “Ayudhya” Franchising Project
means to start up a new business reducing the entrepreneurial risks.
In order to support and stimulate the expansion of our network we’ll
provide to first candidates all the necessary conditions to start a new
stirring business with a very low investment.
For further details contact us now!!
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