Why
The franchise:
an overview
A
franchise is defined as authorization granted to someone (the franchisee) to
sell or distribute a company's goods or services in a certain area. The Beehive
Co-op franchise is a 10-year contract, renewable by mutual agreement, during
which time you are authorized to use the Beehive Co-op name and identity,
operation methods and procedures, and marketing and promotional materials. In
addition, a franchisee is required to pay a Royalty fee which provides the
system with funds for on going research and development, systems improvement,
and national advertising.
With the brand and operational structure in place, a franchisee can get up and running in as little as 3 months. In addition, with economies of scale and a dialed in business plan, franchisees are able to achieve profitability much more quickly than a business that is starting up from scratch.