Post by account_disabled on Mar 9, 2024 4:38:57 GMT -5
The Power of Franchises as an Entrepreneurial Element October 1 2017 Deciding what to start or what company to create will always be a challenge for every entrepreneur That is why franchises are a strategic element for those entrepreneurs who want to minimize risk and go to market with a product or service already positioned in the market. Franchises are business models where through a commercial and financial agreement a company called the franchisor allows another company called the franchisee to use its business format by paying royalties .
The franchisor is the owner of the business model or format while the franchisee is the one who exploits the business format paying rights or Job Function Email List Neomarketing a deluxe edition book royalties in exchange according to Jorge Silva director of Ean University. Felipe Jaramillo is the president of the Colombian Chamber of Franchises Colfranquicias and in this regard he says that the rise of the Franchise business model occurs because while 80 percent of the ventures die in their first year 70 percent of The franchises that are acquired in the country survive more than five years . receives permanent advice and all the necessary training to follow the line of the business and be able to achieve very good results.
According to the newspaper la Repblica After Brazil Mexico and Argentina Colombia is the Latin American country with the most franchises. 56 are national while the remaining 44 are international. You may also be interested in 11 Tips from Mario Hernndez to build a Brand Advantages of Franchises for Entrepreneurs For those who start as an entrepreneur in the franchise modality it is very interesting for many reasons for example they start with an already proven business use the extended image of the franchise and receive corporate support from the franchisor. These are other advantages of franchises. Have a product or service positioned Rapid.
The franchisor is the owner of the business model or format while the franchisee is the one who exploits the business format paying rights or Job Function Email List Neomarketing a deluxe edition book royalties in exchange according to Jorge Silva director of Ean University. Felipe Jaramillo is the president of the Colombian Chamber of Franchises Colfranquicias and in this regard he says that the rise of the Franchise business model occurs because while 80 percent of the ventures die in their first year 70 percent of The franchises that are acquired in the country survive more than five years . receives permanent advice and all the necessary training to follow the line of the business and be able to achieve very good results.
According to the newspaper la Repblica After Brazil Mexico and Argentina Colombia is the Latin American country with the most franchises. 56 are national while the remaining 44 are international. You may also be interested in 11 Tips from Mario Hernndez to build a Brand Advantages of Franchises for Entrepreneurs For those who start as an entrepreneur in the franchise modality it is very interesting for many reasons for example they start with an already proven business use the extended image of the franchise and receive corporate support from the franchisor. These are other advantages of franchises. Have a product or service positioned Rapid.