Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.
Additionally, having a structured franchise resale program will give a great deal of comfort to the franchisees in knowing that there is a structured exit process. A franchise resale program encourages franchise owners to manage their business in a way that is focused on building long term value and encourages them to continue to grow their business. This is mutually beneficial as the franchisor will benefit from additional fees from increased revenues.
Franchisors typically promote “Being in business for yourself, not by yourself”. A franchisor that includes a structured franchise resale program as part of their franchise system enhances their value proposition. Franchise candidates will typically give weight in their decision to a brand which has an effective resale program that addresses the fact that franchisees will eventually exit the system.
