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the advantages of franchising
Business cooperation in the form of franchising has a series of advantages for all parties participating in it.
For the franchisee:
- The franchisee is released to a large extent from concern with organisational problems enabling the franchisee to dedicate himself to increasing and marketing sales.
- There are savings on the costs which would be required to develop the organisational infrastructure and know-how on his own.
- The solvency image in the market place is improved with positive repercussions in financial and commercial terms.
- There is access to a highly developed advertising and marketing system for products, i.e. the marketing and sales programmes.
- Business continues to be carried on as an independent enterprise.
For the franchisor:
- Rapid spread is achieved.
- Products are marketed via a highly productive network which consists of people with excellent training and a direct financial stake.
- Supervision and control of the network of stores created is retained thus avoiding the risk of wrong decisions being taken in respect of vital issues by system members.
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