In some operational practice scenarios, the question arises of later entry into a franchise system, to some extent retroactively, when the actual establishment and launch of the business in question lies some time in the past. In fact, the adoption of a franchise concept in the second instance is anything but unusual and has various advantages for franchisees and franchisors. What it is about in detail, and in which cases the investment is particularly worthwhile is something you will learn in the following article by your real estate agency Engel & Völkers.
Why franchisors incorporate existing businesses into their franchise system
The fact that existing holdings are companies that already have a certain profile makes them particularly interesting for franchisors. Unlike new founders, the ability to work, the organizational performance and the economic success of the future franchisee can be estimated in a much better and more precise way, as they have had to prove themselves on the market since the foundation date. This way, the franchisor minimizes his own risk when entering into a franchise partnership and at the same time enables the franchisee to benefit from a number of important advantages ...
Become a franchisee as an existing business - reasons for the investment
If you have already set up a business and are looking for ways to improve its efficiency in the long term, switching to a franchise system may be a good option. Since you already have the necessary premises, have put together a workforce and entered your target market, the main hurdles on the path to self-employment are already behind you - but you can still benefit from the advantages of franchising: As a franchisee, you adapt the business model, the offer and the organizational structure of a franchisor, who will be responsible for the further development and optimization of the franchise concept. This way you can save time and money on important development processes and can also fall back on the franchisor's training offerings.
Would you like to use the advantages of franchising for your start-up or via a system change? We are happy to inform you about the high-performance franchise concept by Engel & Völkers - just contact us by e-mail or phone.