Investing through franchise

Investing through franchise

What is franchise?

Franchising is one of the greatest inventions of commerce that was introduced for the first time by a person called Singer in 1850. The Singer is the one familiar to many Iranians with their tailor-made wheels.

However, more important than his product and his company is a fundamental concept born in the 1850s. In the five-volume English-Persian language, Arianupour, this term has been translated into business by (monopoly).

The franchisee is a business partnership relationship that holds a brand, a right to obtain a bachelor’s degree, or his brand, for a specified period, to the applicant for that brand. In the field of organization, training, material supply, marketing, and management, the franchisor is assisted by the receiver, and in It receives a sum of franchise receipts.

If launching a new business does not sound rational to you, or because you are afraid of a high probability of failure or if you do not have the ability to pay for a large business, you should consider Franchise’s model.

The franchise system has expanded rapidly throughout the world due to its high profitability and assurance. The countries of America, France, Germany, is among the leading countries in the field of franchising in the world.

Three main elements of the franchise:

Brand:

Only a successful brand that is globally lucky can implement the franchise system. Because only a global brand can be a guarantor of high profits in the business, and people are considering this option to enter into the contract.

Laws and regulations:

In the franchise system, according to the terms and conditions provided by the franchisor, the contract is set up, according to which the right to sell the products and services, with the same quality of the original company, which has led to the attraction of loyal customers of that product or service, is specified therein.

Cost of the franchise:

In Franchisee, the recipient Franchise will pay a fee for receiving a trademark that gets a right to pay for this right, including the right to sell popular products and services, the use of franchise business techniques and methods, and training Initial support and ongoing support by the franchisor.

Similar to these contracts, if the company does not request a fee for the grant of its brand, it means that the brand is not capable of trading in the trade and, if continued, does not provide sufficient support and protection system from the collection, and the recipient It must earn its profits from selling its products, which means that the price of its products and services must be higher than it allows, in order to profit from it.

With many consulting and franchising experience from famous brands of Turkey and the world for our customers, AYLA is ready to provide advice to our dear compatriots.