Funding for projects – Funding opportunities for various projects in the initial or advanced stages of their development up to the value of 1 million euro. Projects can include complex construction, touristic resorts, land development, industrial complexes, etc. (photo)
License and franchise – Homeplus agency provides to the individuals or companies interested in profits, Albanian contracts or franchise exclusive international brands possibility of mediation, enabling the transfer of international success in Albania. Run your own business with the support of an established brand! Develop your business with the help and support of a well-known international brand!
About Homeplus International Franchise Service.
One of the HPIFS main roles is to help businesses get involved in franchising system to secure their own position amongst the “bests”. The HPIFS is formed to act in the interests of the industry as a whole in assessing and accrediting franchising companies as those which meet its criteria for the structure of the franchise business, the terms of the contract between franchisor and franchisee, the testing of the system and its success as a franchise. Franchisors and professional advisors to the franchise industry must put themselves forward to be tested against its strict and extensive criteria. Only if they successfully pass accreditation are they then able to join as our network member, gain access to the benefits of membership and become represented by HPIFS. As with any business venture you must thoroughly investigate every franchise proposal before committing yourself. This is why we try to provide as much objective information as possible and help guide you towards the right information about franchising.
What is franchising?
Business format franchising is the granting of a license by one person (the franchisor) to another (the franchisee), which entitles the franchisee to own and operate their own business under the brand, systems and proven business model of the franchisor.
The franchisee also receives initial training and ongoing support, comprising all the elements necessary to establish a previously untrained person in the business. The legal contract, or franchise agreement, between the two parties sets out the obligations and rights of both franchisor and franchise, and determines how long the franchise arrangement will last (including renewal options).
The principle is simple – rather than developing company-owned outlets, some businesses instead expand by granting a franchise to others to sell their product or service. There are clear advantages to both franchisors and franchisees, just some of which are:
-You don’t have to come up with a new idea – someone else has had it and tested it too!
-Larger, well-established franchise businesses will often have national advertising campaigns and a solid trading name
-Good franchise businesses will offer comprehensive training programmes in sales and, indeed, all business skills
-Good franchise businesses can also help secure funding for your investment as well as, for example, discounted bulk-purchases for outlets when you are in operation
-If customers are aware that you are running a franchise business, they will understand that you offer the best possible value for money and a consistent quality of service – although you run your ‘own show’, you are part of a much larger organisation
-You grow the business and, when you are ready to move on, can sell it for a profit
-It is your business and you are the owner, providing you follow the system, you decide what goes.
-The major banks are very supportive of good franchising.
What are the cost implications?
The franchisor will receive an initial fee from the franchisee, payable at the outset, together with ongoing management service fees – usually based on a percentage of annual turnover or mark-ups on supplies. In return, the franchisor has an obligation to support the franchise network, notably with training, product development, marketing and advertising, promotional activities and with a specialist range of management services.
Joining a franchise
If you’re looking at various franchise opportunities there are some key considerations that you need to bear in mind; you need to take the time to understand franchising and appreciate where the opportunities and pitfalls are. This robust business model, fuelled by dedicated individuals, encompasses many different skills and backgrounds – opening up a multitude of opportunities for people looking for a new start. Research is the first step you need to take.
You first need to find out whether franchising is right for you before you start looking at the individual businesses. You will then need to look at the businesses that franchise and see which franchise opportunity is suitable for you (if any). With hundreds of different brands, investment levels and business types, we hope that the information here will help you take the right steps in franchising.
Lands on the coast area – investment opportunities in the area of the Adriatic an Ionian coast line for sale, up to 80,000 m2.