Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · Preparing for Tomorrow's Workplace Skills
How should you evaluate the benefits and risks of becoming a franchisor?
How should you evaluate the benefits and risks of becoming a franchisor? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · Preparing for Tomorrow's Workp…
Ideas in this flowchart
- Swim-Clean's expansion through franchising and related presentation
- You and a partner co-own a successful pool supply and cleaning service.
- Sales have tapered off, creating interest in expanding to a town 10 miles away.
- The high cost of expansion makes direct expansion difficult.
- You decide to sell Swim-Clean franchises.
- The franchising idea succeeds, producing 25 units throughout the region.
- The success leads to an invitation to speak at a local Rotary Club luncheon.
- Prepare a brief presentation about the franchising experience.
- Evaluate the benefits of becoming a franchisor.
- Evaluate the risks of becoming a franchisor.
- Describe the problems encountered during the franchising expansion.
- Explain how good working relationships with franchisees were established.
