Buying a franchise could be a handy alternative to starting an enterprise from scratch. The franchise owner will already have the model, products, value and marketing supplies ready for you to use. Retail and hospitality companies were fast to realize and embrace an agile means of managing operations remotely, that is far less reliant on person-to-person contact. That’s where distant retail store visits and audits came into the equation.
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The paper ends with proposed implications especially aimed in path of managers of franchise businesses in Greece. We represented a serious sleeping merchandise manufacturer and distributor in reference to the creation of the initial disclosure documents and the franchise settlement as a half of the initial offering for a model new franchise alternative. We are assisting with the development of the operations manuals and coaching program; and providing advice as greatest practices within the promotion of the FDD to potential franchisees and maintaining effective compliance information.