Franchising.net.au:
Franchisees are like all business owners – looking to make a profit out of their investment and their daily labours. Yet there is a surprising absence of focus on profit margins and how they can be increased within the franchising industry.
It’s a matter that concerns some franchisors and franchisees. It is also an issue which has been raised in surveys by 10Thousand Feet, a franchise-friendly research company. In the latest Franchisee Satisfaction Survey franchisees were asked whether their franchise system provided ongoing financial guidance with a view to better profit at franchisee level. Read on…