Introduction to Florist Franchise and Tips of Franchising - Speaking Roses
1.
2. Index
Florist Franchise
Why Franchise
Tips of Florist Franchising
Committed Management Acquired
Rapid Growth
Increased Business Value
Penetration Of Other Markets
Reduced Expenditures
3. Florist Franchise
A florist franchise is a license granted by a flower
business to another flower business to make and sell
goods/services.
4. Why Franchise??
Legal and commercial arrangement concerning the
successful business of a franchisor.
Use of franchisor’s trade name, format, system and
procedure under license.
Means to raise capital and expand quickly.
Assistance to franchisee like marketing, management,
advertising, store design, etc.
5.
6. Tips of Florist Franchising
There are several tips of franchising which will provide
the success to your business. But today we will discuss
about some of them. These are:-
Committed Management Acquired
Rapid Growth
Increased Business Value
Penetration Of Other Markets
Reduced Expenditures
7. Committed Management Acquired
Many entrepreneurs always look for the experienced
when it comes to hiring and retaining reliable unit
managers. Sometimes they spend resources, training
and hiring a good manager, only for them to leave or
get noticed by a competitor. The franchisee has a stake
in the business, therefore they will be better and
committed managers.
8. Rapid Growth
Franchising allows you to determine the competitive
rate of other competitors in the market with a similar
concept and they find the much needed before their
competitors.
9. Penetration Of Other Markets
With the help of franchising, business entrepreneurs
can think about expanding to secondary and tertiary
market. Penetration to these market will be essential
in the development and can be done with the
increased capital for franchising.
10. Reduced Expenditures
When your franchises are absorbing the expense, your
cost is practically eliminated. Because your franchisees
are also consider the financial responsibility to make
the business work like real estate costs, equipment,
furniture, inventory, supplies and working capital.
11. Increase Business Value
Some factors like rapid growth and more profitability
contributes to improved valuations. When the
entrepreneur decides to sell the enterprise and have a
successful franchisor, will work in his favor.
12. Who We Are?
Speaking Roses is an international company who has
the authority and license of the flowers business. If
you want to start a new flower business, then you can
contact with us.