Running a franchise network, or any business spanning across various geographical locations can be a challenge these days. It is not only the franchisees or other types of partners, the logistics, personnel, and marketing aspects that are critical and require constant attention; the competition is also severe for any industry, and both new entrants to…
Category: franchise
How to manage your franchise business successfully
5 Experts share their tips and experience You have probably heard and read numerous stories about the benefits of franchising. Usually, they are about how to successfully get under the umbrella of a bigger company, which allows you to reap the financial rewards of a well-known brand name. But what about the hurdles involved in…