The Final Amount which remains in your hand after
deducting all the expenses like Rent, Salary, Electricity, Food Cost, Royalty,
Other expenses (Wastages, Packaging, GST, Marketing)
The time period required to get the investment amount
back which was invested at the time of starting Business.
Every brand charge a certain percentage on sales or
fixed amount from every franchisee. Basically, franchisor used this amount in
terms of R&D of new products, Centralized Marketing etc.
FOFO Stands for Franchise Owned Franchise
Operate. It means Franchisee will investment 100% of the Investment amount and
will run the store/outlet from his own.
FOCO stands for Franchise owned Company Operate. It Means Franchisee will
investment 100% of the Investment amount and the store/outlet will be run by
company end. Over here Franchisor pay a certain percentage to franchisee on
sales.
COCO Stands for Company Owned Company Operated. It means Franchisor will invest
100% of the Investment amount and same will be run the Company end.
FICO Stands for Franchise Invest company
Operated. It means Franchisee will invest 100% of the Investment amount and
store / outlet will be run by company end. Over here Company gives a certain MG
i.e., Minimum Guaranteed amount Or Certain Percentage amount on sales whichever
is higher
Master Franchise is completely a different term of
Franchise. Over here Franchisee take a entire state or district or city wise
rights from Franchisor. Master Franchise profits comes in different way like
certain sharing percentage on Franchise Fee and Royalty from those franchisees
which will open under his territory.
Franchisor will help the Franchisee to choose the
best location. Because Franchisor knows that on which location the product will
fit easily
Local
area Marketing means the awareness which will help your business to grow
locally. Franchisee can do many local area marketing activities like, distributing
leaflets, Running Offer Campaigns, Participating in multiple events etc.