4 Different Contractual Franchisor/Franchisee Relationships – Episode 1 – Part 1
Are you wanting to franchise your company? Are you wanting to grow your company to the next level? Are you wanting to have a good relationship with a potential new partner? Are you wondering what boundaries you and your partner should have? Do you need specific steps to help you with the franchise and franchisor relationship? If you are looking to expand the growth of your company by franchising and wondering what the steps are to have a great relationship with your franchisees then you should watch this video! Learn the different steps for contractural franchisor and franchisee relationships with this three-part series.
Join Clay Clark, the former U.S. Small Business Administrator Entrepreneur of the year, and Terry Powell (not related to Colin Powell) who has helped 10,000 entrepreneurs invest in franchises throughout his 30-year career deep dive into the different contractual relationships of a franchisor and franchisees. He will deep dive into what matters and what you need to spend your time focusing on the most. He starts the video off by listing off the different types of relationship that you can have with your franchise. They begin with the most common relationship is the Direct Franchise Agreement. To find out more about this relationship, press play and enjoy and the fun!
Clay Clark explains that you have to define your boundaries between the franchisor and franchisee. However, you want to make sure there is a win-win with the two parties. Clay and Terry discuss why the Direct Franchise Agreement is the most common and why other agreements are not as popular and what the trade-offs are. In this series, you will learn what most business college student don’t know but should know. If you want to learn a massive amount of information and laugh a lot, then keep watching this series of the different contractual relationships with franchisees and franchisors.