Introduction to franchising and its importance to entrepreneurs & small & medium enterprises by Xaytkulova Sevara

BUSINESS FORMAT FRANCHISING

• Examples of famous business format franchises include:

BUSINESS FORMAT FRANCHISING -

• outlet in
• Sale, Australia

• outlet in
• Marseille, France

FRANCHISING IN SINGAPORE

• About 350 active franchises, such as

FRANCHISING IN SINGAPORE

• Feasibility of Franchising
• Franchising is a more feasible option of business expansion than starting own outlets

FRANCHISING IN SINGAPORE

• Success of the Franchise

FRANCHISING IN SINGAPORE

• Success of Franchising
• Franchisors’ Improvement in Average Monthly Sales since Franchising

FRANCHISING IN SINGAPORE

• Success of Franchising
• Franchisors’ Improvement in Average Monthly Net Profit since Franchising

FRANCHISING IN SINGAPORE

• Success of Franchising
• Franchisors’ Improvement in Average Monthly Sales since Franchising

FRANCHISING IN SINGAPORE

• Reason for Franchising
• 2/3 of franchisees felt that economies of scale in bulk purchasing encouraged them to consider franchising

FRANCHISEES IN SINGAPORE

• Generally young and well educated
• 62% below 40 years old
• 57% had post-secondary education
• 32% own their own outlets
• 46% occupy the outlets as tenants