The five Dating Secrets That Fellas Make With Women
Like a former franchisor, and having franchised my company meant for over 10 years before We sold it, it seems in my opinion that I’d experienced in relation to possible scenario. Most people believe franchising is really cut and dry; you have a franchise agreement, people pay you will a certain amount to purchase their franchised outlet, and then they get the job done the business or store to get a 10 year term with automatic renewals.
This is a serious concern, and it happens again than people realize. Franchisors need to demand that the the right procedures are followed, otherwise you run into all sorts of situations. Please consider all this and think on.
One day, I appeared to fill in for one your area representatives in that vicinity, and I went to visit the franchisee on the Georgia side. When I got there, We were talking to his brother-in-law. Apparently he was today running the business, and some of our franchisee had transferred the business to him without authorization.
Worse, this individual wasn’t following the proper types of procedures which were part of a large navy account we had with a nationwide company. Again because the guy didn’t have to follow will be confidential operations manual, of which he never read since as he said; “I never signed nothing. ” Nor did he ever before go to our franchisor workout, which is also required in new managers which are sprinting our franchised business model, in the event the owner is not involved in the day-to-day operations.
That really doesn’t happen during franchising, and although franchising is an extremely successful business model for distributing goods, assistance, and products; it isn’t Disneyland. I doubt any industry really is.
Yes, which usually sounds like a decent business model, however nothing is ever as straightforward as it appears in the franchising industry. Let me explain. Through the years, I don’t think I ever endured a perfect franchise sale when everything went exactly correctly; where the franchisee qualified for the loans very quickly, possessed a perfect resume, had a wonderful location, didn’t care to help you negotiate any terms with the franchise agreement, and all sorts of things went perfect during the decade they were in business prior to vitality.
Let me give you certainly a crazy thing the fact that happened to us. We a franchisee who been around on the border of Atlanta and Alabama. We allowed them to have a joint territory in both states. As a consequence of type of industry we participated in there were different rules on each side with the border.
You see, in the franchise arrangement there are stipulations before you switch the business to someone else, the new franchisee has to then sign the latest franchise agreement, plus they have to be approved by the franchisor. It turned out the brother-in-law was not running the business much like our confidential operations information, he had made quite a few changes.
I explained to him who he had to run the business a certain way, and he said that I was wrong, since he didn’t sign any kind of agreement, and he would definitely do it his way. Oh yeah great I thought, today I have a rogue franchisee on my hands, and they are not keeping with the regularity of our brand name.