ADVANTAGES FOR A FRANCHISEE
ADVANTAGES FOR A FRANCHISEE
Advantages for a franchisee
Uniqueness
TRANSLATIONS-INTERPRETINGS.COM is the only from translators and interpreters developed and on translators and interpreters based franchise concept in the translation industry.
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Independence
TRANSLATIONS-INTERPRETINGS.COM franchising enables franchisees to conduct business independently. They can be their own boss and part of a multinational chain at the same time.
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A proven formula
Franchisees receive a systematic formula for success - our franchisees are fully trained and have access to the business manuals of the franchisor, who is always there to lend a helping hand. From the moment the business begins its activities, all elements that are needed for the successful management of an enterprise are arranged for the franchisee. This means that blunders at the outset can be avoided and the franchisee can fully concentrate on properly managing the firm.
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Image
Franchisees can exploit the image and name of an established and successful company. As a result, they can enter the multilingual communication services market very quickly.
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Training and continuous education
We provide new franchisees with comprehensive training at the start of cooperation and subsequently arrange regular educational activities for employees.
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An established system
We provide access to a system that is already up.
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A quick start
As a result of cooperation with established branches, franchisees can begin to conduct business and offer comprehensive services from the very outset.
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Marketing support
We carry out international marketing campaigns and promote the image of the multinational company ourselves, and allow franchisees the use of the business name, servicemark, company logo, printed materials, etc.
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Collaboration with established branches
You will be working together with the other TRANSLATIONS-INTERPRETINGS.COM branches and franchisees – you can offer their services to your clients and give them orders for processing, and they can offer your services to their clients and give orders to you for processing.
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Sharing expertise
There is a mutual exchange of knowledge between the branches and the franchisees.
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Reduced pressure from competition
Franchisees are in a better position to withstand competition if they do business as part of a multinational firm and not as an individual entrepreneur.
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Reduced risk
All of the support outlined above means that business can be conducted with considerably less risk. In addition to our own experience, we can also cite the following interesting statistics:
TestAccording to the British Franchise Association, 93% of franchise outlets make a profit. The European Franchise Federation has stated that only 8% of all small German firms who cease operations within 5 years of their existence due to insolvency are franchise companies. A similar ratio exists in the United States, where 88% of the firms that close down within five years are non-franchise operations, while the ratio for franchise firms is 12%.
Franchising therefore appears to be a safer way of doing business than non-franchise activity.