Tuesday, May 10, 2011

entrepreneur franchise weakness

entrepreneur franchise is currently popular, someone who just established restaurant business, it occurred to immediately make the franchise business. Likewise with business workshops, reflexology, to computer software. Almost certainly, all are thinking what else can business franchise.

Although this is not an absurdity, but community businesses should be aware that a business can franchise if it has been determined eligible. Not a mere trend. Conditions, according to the book Franchising the Most Practical and Excellent Way of Succeding: Dissecting the Local Franchise Indonesia Bids Scholastic Press published writings Bambang N. Rachmadi, McD franchisee outlets in Indonesia, said that the franchise is a business system or business that has been standardized by default and proven success. Then the system was sold the license to another party in exchange fee to the owner of the system.

Remember, in the definition above there is a sentence given the emphasis on purpose, that is proven success. Bambang N Rachmadi even define specifically, that a franchise business because it has superior performance because it is supported by knowledge-based resources and entrepreneurial orientation are relatively high, with good governance, which can be exploited by others to perform the contractual relationship to conduct business under the format business in exchange for an agreement. The description above clearly illustrate why a particular franchise business, which has a reputation of success, have a standard by default both management and service procedures. So whether the businessman enough to understand these requirements and understand the criteria?

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