How
it works - Franchise System
Franchising is the way for independent business people to
put the methods of a well known and successful business
concept to work in their own business enterprise and still
enjoy the freedom of independence. It will enable you, for
example, to introduce an already successful business name
and concept to your suburb or district and then to operate
that business on your own.
The most important business decision you will ever make
in your whole life is the decision to go into your own business.
The next most important decision will be whether to start
from scratch with an idea you think will work and build
it into a going concern or to buy an existing business and
build it into a better one, or to invest in a franchise
like a Night 'n Day Foodstore.
With a Night 'n Day Foodstore you will be working with a
proven, successful enterprise and you will be working from
a common pool of resources, ideas, information and experience.
Many successful owners of small businesses have discovered
that they can preserve their independence while growing
faster and more profitably than a traditional, totally independent
enterprise.
The cliche of being in business for yourself, but not by
yourself, is absolutely true. The Franchise Agreement obligates
the Franchisor through initial and ongoing training to provide
the knowledge and skills to enable you to be successful.
Management Service Fees - frequently confused with the
royalties - are related to the gross turnover of the business.
This confirms that it is in the Franchisor's interest to
ensure that the franchisee is successful to the maximum
degree possible.
The franchisor certainly doesn't want any of the network
to fail and Head Office support over the phone and in the
field is generally available merely by asking.