refranchising

Franchising has provided a big opportunity to major conglomerates doing business since decades and further booming. But with changing times, many new players are entering the industry, creating opportunities and expanding their business. Allowing everyone to focus on what they do best, franchising is now regarded as the best model for showcasing your business skill. ...

The concept of selling an operational company owned outlet to aspiring franchisees is termed as ‘Refranchising’. Retrofranchising, another name for refranchising provides an opportunity to the existing franchisees to buy a company owned outlets. Thus, refranchising not just motivates the aspiring entrepreneurs to take up the franchise but also encourages the existing franchisees expand by ...

The terms ‘Refranchising’ and ‘Conversion Franchising’ are considered as the best and secure way to expand and succeed in the franchise industry. In refranchising, the franchisor converts his/her company owned outlets into franchised outlets whereas in conversion franchising, an established businessman is offered the opportunity to convert his independent business into a franchised business. Many ...

Refranchising is a process when a brand starts franchising its company owned units for boosting income. For many companies it has proved to be a source of reduced overheads, new source of income and increased performance too. But refranchising is not a cup of tea for many.  We tell you a lot more on refranchising ...