GROWTH STRATEGIES: INCLUDING FRANCHISING, LICENSING, AND DISTRIBUTION

There are many ways in which a business can structure growth. Some examples include: (a) adding additional company-owned outlets; (b) mergers and acquisitions; (c) appointing distributors or dealers; (d) licensing; (e) partnerships and joint ventures; and (f) franchising. Each growth strategy has its own advantages and disadvantages, and each has its own legal ramifications. The below pages explore different growth strategies along with understanding business format franchising. The purpose is to make the business owner and their team aware of the scope of business growth laws and how they may affect the growth strategy sought  by the business owner. Hiring the right growth strategy company to help you through your expansions plans and help you avoid all the pitfalls is one of the most important decision you will make.

Centrinomics is your best company to hire!