Esquires Coffee has been sharing its advice for franchisees with big ambitions looking to grow their business.
Entering into franchising gives anyone the chance to become their own boss, but for the most ambitious, there are chances to take their operations to the next level with franchises like Esquires Coffee. The coffee shop franchise has been outlining how those with big dreams can become a regional franchise license holder to bring the business to new territories and areas.
In a post on its website, Esquires explained exactly what a regional franchise license entitles you to.
“A regional franchise licence gives the holder exclusive ownership of a territory. In a particular territory, the regional developer possesses the rights to open multiple outlets within the area. There are two ways a master franchisor may want to increase the number of outlets, either by the setting up of franchised stores or by procuring candidates to sub-franchise. With the support of the franchise, the developer is responsible for the setup of sub-franchises which may include business strategy, training, management advice and procurement.”
The franchise explained that many of its regional developers begin their journey as a single-unit franchisee and work their way up to operating multiple units. Once they’ve generated enough capital and gained enough experience, Esquires advises you’re ready to take on the challenge of becoming a regional developer.
It also outlined how, as a regional developer, each franchisee will continue to develop their expertise and knowledge of the business.
“A principal area of development for regional licence holders is the enhancement and learning of new and existing skills. With the training and support of the franchisor, the developer will procure extensive skills including marketing, management, communications and strategy.”
If you’d like to learn more about becoming an Esquires Coffee franchisee, click here.
Sophie Cole, Point Franchise ©