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Selasa, 01 Maret 2011

Do Not Assume That a Franchisor's Training Is Worth As Much As Proclaimed

Often franchise buyers think about purchasing a franchised outlet because they don't know much about the industry that they require to get in to, and they don't have ten years to take out of their lives to learn all about it. They also recognize that the franchisor has an ideal business model, that they have honed over the years and adapted to fit nicely in to a specific niche. That is all well and nice, but let me tell you there is more to this story. In the event you have a few moments I would like to report.

First, you ought to not assume that the franchisor's training is worth as much as they proclaim. You see, the first thing a franchise consultant will tell a new startup franchisor who wishes to franchise their business is that they must provide adequate training, and it should not be over or weeks. That is of the criteria to franchising a business, and that is usually accepted throughout the industry. Now then, it is  impossible to teach someone how to run a positive type of business in only or weeks.

Now then, how do know if the franchisor's training program is all that it is billed as? Well, the first thing you can do is go asked the franchisees who are currently in operation what they think. Ask them in the event that they learned all they needed to in the coursework of the franchise training period. I would submit to you that times out of you will get a slightly different story from current franchisees than you will from the franchisor's sales team.

Most franchisors in their franchise agreements say that you will go to the corporate training headquarters for or weeks, and then someone will shadow you after you open your outlet for or weeks to get you situated in to your new business. So you can learn all the ropes. Is that ? Sometimes it is and sometimes it is not, it depends on how comprehensive the franchisor's training program is. I would submit to you that lots of new franchisors don't have sophisticated training, and they are not that nice at the training part.

In the event you look at a franchisor's display commercial,  all of them have a bullet point in their adverts that says something like; Comprehensive Training Program. Positive, that makes sense, because as a franchise buyer that is important to you, but I ask; how comprehensive is this training program anyway? I hope you will ask that same query, and I hope you will think about all this and think on it.

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