If you are considering the possibility of expanding your Business to build a National Network of opportunities you should already have the basic ingredients in place. A successful business model that already exists in at least one or two Outlets. If you have the dream to expand but are without the financial backing or the managerial manpower to staff these new locations, then maybe you should think “Outside of the Box” and consider the modern, Franchise My Business method of expansion, with the help of a professional, experienced reputable Company such as ashtonsfranchise.com/franchise-my-business/ This slightly more unorthodox method of expanding your business could allow you to achieve your dream of several outlets Nationwide, even if you don’t have the capital Investment or the management infrastructure.
The easiest way to understand how a Franchise works is to look at a multinational company like McDonalds, each outlet is run by an independent manager or manageress, they are allowed to use the Brand Name and sell the same burgers, fries and children’s “Happy Meals” as every other McDonalds but they pay a regular sum and a percentage of their profits in order to do so.
You will become the Franchisor and anyone who runs an independent Outlet for you, using your Brand is called a Franchisee. They can use your Name, Brand, Business Model and Trademark but they must pay you a set fee and percentage of their profits on a regular basis.
