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Franchising

Franchising refers to the practice of using a successful business model of another company. For the franchisor, a franchise is a substitute to developing ‘chain stores’ to distribute goods and avoid liability and investment over a chain.

1,429 Questions

Which is the most expensive sport franchise in 2010?

Its probably a team in the New York area such as the Yankees or Knicks.

What is agricultural entrepreneurship?

Agricultural entrepreneurship is when a person starts a business in agriculture. They can become a farmer or they can start a produce stand and rent booths out to others.

How to get franchise of levis?

Levi Strauss & Co., in business since 1853, is one of the largest name-brand jeans manufacturers with a global presence. The company's name recognition makes it a vital contender for franchising, and as of 2011, Levi's Jeans had more than 200 franchise outlets. These outlets illustrate the company's success, but also make the available markets for new franchisees very limited. To open your own Levi's Jeans franchise store, you may have to be flexible in what markets you are willing to do business.

Step 1

Find out about available markets. Levi's Jeans may only have available franchising markets in developing countries, such as India. Research the market where you plan to open a franchise to see if there is a need for a Levi's Jeans store and whether it is a prime location for this type of business.

Step 2

Gather the funds for the associated costs. Levi's Jeans requires an initial franchise, advertising and royalty fees.

Step 3

Meet the requirements. Levi Strauss & Co. requires that you not only have access to the funds for the franchising cost, but you must have prior business experience as an owner or manager. Levi Strauss & Co. doesn't specify whether or not you need retail experience, only that you have successfully run a business. You must also be able to afford the ups and downs that come with owning a business, especially in the first year when the business may not be generating much profit.

Step 4

Complete the application. Fill it out and submit it with all of your accompanying documents that verify your finances. The application will ask about your financial situation and employment background. You must also list the details about the market where you wish to open your franchise.

Step 5

Attend your scheduled appointment at the Levi's Jeans corporate office in the country of your target market. After reviewing your application, a franchise representative will contact you if you are a good fit as a Levi's franchise. You can expect more information about the franchise and what is expected of you as a franchise owner at your business franchise meeting. You will also learn what steps to take to complete the application process. Have your financial documentation handy.

Step 6

Hire a franchise attorney to look over the Levi's Jeans master agreement before signing. Have the attorney review the terms with you, covering any legal ramifications on your part, before you agree to anything. Once you and your attorney are satisfied, sign the master agreement and return it.

What do you mean by adult franchise?

The right exercise by which people elect their representatives is called to right the vote or right to franchise

Difference between subsidiary and a franchise?

Subsidiary and franchise each have several different meanings. In business, a subsidiary is a company that is totally under the control of another company. A franchise is a business that is operated with legal permission to sell or distribute a particular company's goods or services.

Is Nike a franchise and why?

Yes, as they have many shops and branches in different areas and countries.

Does The Fresh Market franchises?

No, Fresh Market stores are company owned with no franchise opportunities.

What is a franchise owner?

A Franchise Owner, is a Franchisee - a person who purchases the rights of the business from the Franchisor, or the Founder of the Business in other words, and pays ongoing royalty's based on a percentage of Gross Sales, such as owning a McDonald's Franchise for instance.

Is quiznos a profitable franchise to buy?

While Quiznos has been ranked on Franchise Magazine's '500 Franchises' list multiple times, they are generally considered to be a much less profitable franchise than their primary competitor, Subway.

Due to many demanding pre-requisites and an overall lack of support from the corporation, not to mention the lack of recognizability and slipshod advertising, Quiznos is not the ideal franchise to buy.

What are popular things to sell door to door that are homemade?

I've found that people love fudge.

Another big seller that is fairly easy would be to make candles.

How much does an Anytime Fitness franchise owner make a year?

Franchise owner not make more profite ,beacuse per person cost is very low in Anytime India Fitness. It is good for those person how can join for fitness, per person montly cost is 750 only.