Posts Tagged ‘Types’
Fundamentally there are two types of franchises. They are Product distribution franchises and Business format franchises. The most significant portion of the product distribution format is that the product itself is manufactured by the franchisor. Many times some sort of pre-sell preparation is necessary on the franchisee end before their sale.
One more important difference between these two types is that in product distribution type of franchises, the franchisor licenses their logo and trademark to the franchisees however he/she does not provide the complete system necessary to run the business successfully. However in the business format type the total system is supplied by the franchisor for running the business. Nowadays most of the franchises are of the type business format franchises. If you look at United States, almost 80% of the totals of 770,000 franchise businesses are of the business format franchise type. Lets have a close look at these two types of franchises.
Product Distribution Franchises: In this type of franchises, the franchisees sell manufactured products to the franchisor. This type of business can often be found in industries such as automobile, drinks and automobile accessories. These franchises are similar to the supplier-dealer kind of relationships. However in the product distribution franchises, franchisee has the benefit of getting more services from franchisor than compared to what dealers will get from their suppliers.
Types of Part Time Franchises
The fact that part-time franchises have become very popular among the prospective franchisees in the UK is because of the various advantages they provide. The part-time franchise option has spread to diverse wings of the franchising industry today. This has given rise to many such part-time franchises that have been put on offer by the franchisors from different arenas of business operations.
Though there are numerous instances of franchisors providing a part-time franchise opportunity to interested franchisees, there are some arenas which are more lucrative part-time franchise options and have thrived exceptionally well. As an amateur franchisee, you may try out these arenas to start up on your part-time franchise business career.
We have listed the most popular types of part-time franchises in the UK below:
Internet Services – Services such as web designing, SME marketing, newsletters and other similar services are high on demand but a bit low on supply. Therefore, most franchisors (such as Active Web Design and Loyalty Matters) provide these services as part-time franchise options for individuals who excel in such skills but cannot afford to work full time because of other obligations. With flexible working hours and a fantastic reward for services offered, such part-time franchise options have rocketed to the peak of popularity in no time.