Hi All,
When I was planning to purchase a franchise for sale, I had little information about the ongoing relationship between the franchisee and the franchisor. However, down the line I understood the close bond shared by the two. They must be constantly in touch and fulfil their set of responsibilities towards the franchise as well as each other. Also, franchisors keep a close watch on the performance of the franchisees. It is a given since it affects the image of their brand and they need to be sure that every unit is performing well. There are various criteria of performance measurement. Here is an article that will give you all the details about how franchisors monitor their franchisee’s performance. https://www.franchise2sell.com.au/blogs/franchise/how-do-franchisors-monitor-their-franchisees-performance
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February 2024
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