Ensure Salary Satisfaction For Franchisees

Franchising.net.au:

Research from 10 Thousand Feet, a market research consultancy, examines from a franchisees’ perspective what salary can be drawn through the business and the return on investment available for capital invested from the start.

Ian Krawitz, who heads up 10 Thousand Feet, explains. “Survey on survey we have seen an improvement across the industry with franchisees’ believing they will be able to get a good return on investment; up five percent across the board and two percent up on their belief that they can draw a larger salary than they could receive elsewhere.”

Krawitz says franchise companies who continue to perform well in this area are most likely to have a good business model, have realistic expectations of the work involved during the franchisee recruitment process, and a good idea of the potential profitability of the business. They will also have strong systems in place to educate franchisees on how to maximise their returns, he suggests.

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