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The guide to starting a franchise

2021-10-05T21:49:39.597Z


The special edition of Figaro, partner of Franchise Expo Paris, the next edition of which will be held from March 20 to 23, 2022, analyzes and deciphers all the practical aspects of the franchise.


Franchising is the other way to start a business.

The franchisor, who has created a brand and developed know-how, offers to make them available to the franchisee, for an entry fee and the payment of a royalty.

In this contract that binds them, everyone finds their account.

The franchisor develops its network while minimizing its financial commitment.

The franchisee saves time: if he remains an independent entrepreneur, he is not starting from scratch.

From the start, he has a well-known brand and proven know-how.

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The keywords of the franchise

The special edition of

Figaro

, partner of Franchise Expo Paris, the next edition of which will be held from March 20 to 23, 2022, explores all the avenues offered by the franchise.

This will be of interest to candidate entrepreneurs whatever their profile: young people wishing to start after a first professional experience, managers in retraining, women concerned about independence to better reconcile their activity and their family life ... Franchising offers the opportunity to undertake in the most diverse activities, whether it is the trade of goods or the provision of services.

What counts above all are managerial and commercial skills rather than technical knowledge specific to a sector.

Likewise, the most ambitious can gain scale by opening several points of sale.

As a team

Although it takes place in a network, the franchisee is nonetheless an entrepreneur, with all the risks that this entails. The

Figaro entrepreneurs

special guide

analyzes and deciphers all the practical aspects of the franchise.

In particular, he dissects the key concepts to master in order to fully understand the contract and help the future franchisee to measure his commitments.

Through the testimonies of franchisees interviewed in this special issue, a strong point emerges: if they are independent business leaders, they play within a team and this has proved useful since March 2020. During the Covid crisis, they too suffered but they did not feel isolated.

They benefited from the support of their franchisor but also that of other franchisees.

This capacity for collective resistance is the franchise's great asset.

“Le Figaro entrepreneurs” special franchise special issue, 116 pages, 6.50 euros, in newsstands and on

boutique.lefigaro.fr (“other magazines” tab).

sdie

Source: lefigaro

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