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Like a former franchisor, and needing franchised my company to get over 10 years before I sold it, it seems opinion that I’d experienced in relation to possible scenario. Most people reckon that franchising is really cut and dry; you have a team agreement, people pay you will a certain amount to purchase their franchised outlet, and then they get the job done the business or store to get a 10 year term by means of automatic renewals.
Worse, this individual wasn’t following the proper procedures which were part of a large navy account we had with a nationwide company. Again because this individual didn’t have to follow happen to be confidential operations manual, which inturn he never read simply because as he said; “I never signed nothing. ” Nor did he truly go to our franchisor workout, which is also required of new managers which are sprinting our franchised business model, in case the owner is not involved in the day-to-day operations.
You see, in the franchise deal there are stipulations before you switch the business to someone else, the new franchisee has to then hint the latest franchise agreement, plus they have to be approved by the franchisor. It turned out the brother-in-law was not running the business as per our confidential operations manual, he had made quite a few improvements.
Yes, which usually sounds like a decent business model, nonetheless nothing is ever as straightforward as it appears in the franchising industry. Let me explain. Over time, I don’t think I ever had a perfect franchise sale where everything went exactly properly; where the franchisee qualified designed for the loans very quickly, experienced a perfect resume, had a wonderful location, didn’t care to negotiate any terms in the franchise agreement, and almost everything went perfect during the decade they were in business prior to renewal.
That really doesn’t happen in franchising, and although franchising is an extremely successful business model for distributing goods, assistance, and products; it isn’t Disneyland. I doubt any online business really is.
This is a serious concern, and it happens usually than people realize. Franchisors need to demand that the proper procedures are followed, also you run into all sorts of circumstances. Please consider all this and think on.
Let me give you certainly a crazy thing who happened to us. We a franchisee who been around on the border of Georgia and Alabama. We allowed them to have a joint territory in both states. As a result of type of industry we took part in in there were different rules on each side with the border.
One day, I occured to fill in for one our area representatives in that vicinity, and I went to go to the franchisee on the Georgia aspect. When I got there, I just was talking to his brother-in-law. Apparently he was right now running the business, and some of our franchisee had transferred this company to him without authorization.
I explained to him which usually he had to run the business a particular way, and he said that I was wrong, because he didn’t sign whatever agreement, and he was going to do it his way. Also great I thought, today I have a rogue franchisee on my hands, and they’re not keeping with the steadiness of our brand name.