FRANCHISE SUPERMARKET

Preparing To Buy A Franchise

If you're reading this, you already know that franchising is a different business model. That it involves paying the franchisor an initial franchise fee, as well as ongoing royalties and, often, paying into an advertising fund. And that you're willing to pay those costs for the privilege of using a recognized brand name and an operating system with a successful track record. Not to mention the initial and ongoing training and support the brand offers.

All good franchisors will offer these things, but how do you choose which one to buy? And once you have chosen a brand, what are the things you must do to minimize the risk of your investment--often your life's savings plus whatever you're about to borrow?

You (The Franchisee)

First, let's look at choosing a brand that's right for you. While many variables play a role in choosing the franchise brand that fits, experience has shown passion is often the most important. If you love what you do, success is more likely (all other things being equal). And what are some of those other things?

How much money you're able or willing to beg, borrow, or steal
Job skills required for success (technical vs. people skills)
Hours of operation (business-to-business vs. late-night fast food)
How many units you want (single unit vs. many vs. area developer)
Your management style (hands-on operator vs. running a business)
A succession plan (have one in place before buying)

What is your personality/temperament? Are you better off working on your own, or with others? Do you like to set your own hours or show up at the same time every day? Can you obey a franchise system's rules, or do you need to chart your own course? Do you like managing people or being left alone to do what you love? And finally, are you willing to commit for the next 10 or 20 years?

PRESENTATION OF FRANCHISE

PRESENTATION OF FRANCHISE

“ROYAL BRITISH SCHOOL”® is a New brand at ESL market!

PRESENTATION OF FRANCHISE

WORLD’S №1 BRAND IN BUSINESS EDUCATION FOR KIDS AND TEENS.

BUSINESS EDUCATION for children and teenagers of the International Education Network MINIBOSS BUSINESS SCHOOL is a new trend in the new world!

Lump-sum payment (franchise cost): from € 150,000
The amount of investments to start: from € 2,000
Royalty: from € 1,000
Payback period: from 6-12 months

Other indicators:

• High profitability: ROI = 700%!
• Easy start: in 1-3 month

FRANCHISE SUPPORT:

PRESENTATION OF FRANCHISE

“LEONARDO”® CREATIVE SCHOOL - PROFESSIONAL CREATIVE SCHOOL

FOR CHILDREN AND TEENAGERS.

Drawing. Painting. Arts and Crafts. Oratory. Creative games

FRANCHISING CODE OF ETHICS

Introduction

This Code of Ethical Conduct in franchising takes as its foundation the Code developed by the European Franchise Federation. In adopting the Code, the Federation recognised that national requirements may necessitate certain other clauses or provisions and delegated responsibility for the presentation and implementation of the Code in their own country to individual member National Franchise Associations.

The Extension and Interpretation which follows the European Code has been adopted by the British Franchise Association, and agreed by the European Franchise Federation, for the application of the European Code of Ethics for Franchising by the British Franchise Association within the United Kingdom of Great Britain and Northern Ireland.

European Code of Ethics for Franchising Preface

The European Franchise Federation, EFF, was constituted on 23rd September 1972. Its members are national franchise associations or federations established in Europe.

The EFF also accepts affiliates, i.e. non-European franchise associations or federations, and other professional persons, interested in or concerned with franchising. Affiliates have no voting rights and cannot be appointed officers of the EFF.
The objectives of the EFF are, among others, the ongoing unbiased and scientific study of franchising in every respect, the co-ordination of its members' actions, the promotion of the franchise industry in general and of its members' interests in particular.

The EFF also comprises a Legal Committee, composed of two lawyers from each national member association or federation who are highly qualified in franchise matters.

The EFF has, furthermore, installed a Franchise Arbitration Committee which is at the disposal of parties preferring to submit their disputes for the latter's determination.

The evolution and the ever-growing importance of franchising in the EC economy as well as the EC Block Exemption Regulation for franchise agreements, entered into force on 1st February 1989, prompted the EFF to revise its existing Code of Ethics.

This Code of Ethics is meant to be a practical collection of essential provisions for fair behaviour for franchise practitioners in Europe, but not to replace possibly related national or EC law.

This Code of Ethics is the end-product of work carried out by the European Franchise Federation and its member associations (Austria, Belgium, Denmark, Germany, France, Italy, the Netherlands, Portugal and the United Kingdom) in conjunction with the Commission of the European Community. It shall replace the previous European Code of Ethics as well as all national and regional Codes existing at that time in Europe.

By subscribing to the EFF, its members accept the European Code of Ethics and undertake not to delete or amend it in any way. It is, however, recognised that national requirements may necessitate certain other clauses or provisions and, providing these do not conflict with or detract from the Code and are attached to the Code in a separate document, permission to do this will not be withheld by the EFF.

By adhering to the EFF its members commit themselves to impose on their own members the obligation to respect and apply the provisions of this Code of Ethics for Franchising.