The Master franchise holds a significant responsibility within the franchise network. You need to ensure that you have recruited the right master franchisor, because they are the one who is going to promote your vision and brand image. Master franchise is the ‘mini head’in the territory.
Master Franchise work includes recruiting franchisees in their territory, providing all the training and support to them, and running new franchises business successfully. They are the one who is going to develop sales and business standards for your business. They act as a link between the franchisor and franchisees.
The Franchise Recruitment process is not just about putting an ad in local newspapers and social media and to wait for the best. You need to have a precise job description, meet every single candidate in person, conduct many screening processes, explain to them about the nature of the business and analyze if they are capable of doing it. To do all the process, considering taking help from a Franchise Recruitment consultancy will be a smart choice.
Over the years of experience, we have got a deep understanding of all aspects of franchising and we can help you find the dedicated candidate who will fulfill the duties of a master franchise. We have our dedicated Franchise Recruitment team, who will consult with you, do the necessary research and find the well-qualified franchise to own your master franchise system.
Why to Hire Francat.co.in Recruitment Team?
Over the course of years, we have consulted 500+ brands and we know what works well for your business and we advise you the best. Our professional team will develop a Customized franchisee recruitment strategies according to your franchise business needs. The implementation of strategy goes through several phases and we assist in bringing the best in each phase. We also offer Franchise Management Training, Franchise Sales Training and Franchise Operations Training.
Get in touch with our sr Franchise recruitment today and hire the best master franchise. We assure you to save your time and cost and give you the best result rapidly.
A master franchisor is generally known as ‘Mini-franchisor’ for a particular territory. They have the right to sell franchises in that particular territory. Within that territory, the master franchisee recruits, trains, and provides ongoing support to each franchisee they sign. In exchange, the master franchisee receives a large percentage of the initial franchise fee and ongoing royalties.
Yes, there are two ways available to walk away from a Master Franchise Agreement.
1. Transfer of rights to a third party approved by the franchisor
2. The default/termination provisions of the master franchise agreement.
Yes, The master franchisee will develop marketing plans for each territory. The franchisor has the right to review and approve the marketing plan and any materials used for advertising purposes before implementing the plan.
The term of the Master Franchise is likely to be around 10 or 20 years along with renewal policy.