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The Way To Do Is To Be
Lao Tzu
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Franchisor Services ::
From its inception in the 1950s,
business format franchising has quickly grown to become a globally
accepted business strategy of formidable economic significance.
Today there are reportedly over 17,500 franchise systems around
the world, supporting over 1.2 million franchisees and over 12.5
million employees. These franchise systems collectively generate
an estimated $1.4 trillion dollars U.S. in retail sales annually
and control up to 40% of total retail sales in many industrialized
markets.
Although franchising is not necessarily
the most suitable method of expansion for every business, franchising
growth strategies are being applied to more and more businesses
and industries every year. While franchising has traditionally
dominated the food service and retail sectors, this highly adaptable
strategy is now being applied to such diverse industries as business
- to - business services, health care, education, information
technology, steel fabrication and water purification, to name
a few.
Whether your business is already
franchising or only considering franchising as a possible means
of expansion, Northern Lights can bring its expertise to bear
at every stage of your business growth.
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