Do you want to scale up a scale-up? Consider franchising
While the primary objective of a scaleup is to grow, executing your scaling plan can be a challenge. Any further expansions require serious commitment, a great deal of time, money, and official permits. Franchising might be the answer, as it enables the scale-up to grow while skipping most of these stressful tasks. So let’s take a look at the structure, and how it can help scale-ups turn into chains like Gong Cha’s bubble tea kingdom, Starbucks, or 7-Eleven’s omnipresent convenience stores.
