• 제목/요약/키워드: Business Model Franchise

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Franchising Practices in Selected Markets around the World: A Review

  • ADEIZA, Adams
    • 한국프랜차이즈경영연구
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    • 제10권2호
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    • pp.7-18
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    • 2019
  • Purpose - This paper attempts to provide an understanding of practice of franchising in eight countries - USA, UK, Australia, Brazil, China, Malaysia, South Africa and Nigeria. The bases of the review are: number of systems and outlets, employment generation, annual turnover, GDP contribution, legal and regulatory frameworks and country-specific franchise business practice nuances. Research design, data and methodology - the paper is descriptive, highlighting elements of the business practice that distinguish one country from another. Documentary data - mainly industry publications supplemented by empirical literature - was used for the review. Result - Although there are commonalities in the technical design and implementation of franchise business practice - especially the business model type - differences exist in terms of legal and regulatory frameworks guiding the industry across the eight countries studied. Conclusion - There are no two countries that have the same franchise practices. Franchise markets in the developed, and to some extent, the emerging economies have saturated. Franchise markets in African countries are at infant stage and thus, these countries are strategizing to attract foreign brands into their domains.

DEA 분석을 통한 프랜차이즈 기업의 평가 (An Assessing of Franchisor's Firm Performance Based on Data Envelopment Analysis)

  • 김선민
    • 대한안전경영과학회지
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    • 제16권4호
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    • pp.359-369
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    • 2014
  • Due to the severe market conditions, pre-entrepreneur seeks to start their business through franchise company. This paper, using the data envelopment analysis(DEA) method, examines efficiency of a group of franchise company in order to provide efficiency information with pre-entrepreneur. Output-oriented DEA model is applied in the investigation of efficiency, and the overall efficiency score is decomposed into pure technical efficiency and scale efficiency. The input variables selected to evaluate the efficiency are franchise deposit, franchise contribution cost and the output variables are sales and number of franchises, and length of business. The results of this paper show franchise industry have the low level of overall efficiency and the main sources of inefficiency is found technical rather than scale. As a result, this paper provides not only the current status of efficiency information of a franchise with pre-entrepreneur but also give warning when they sign-up with franchise business.

프랜차이즈 유통산업에서 환경 동태성이 가맹점의 경영성과에 미치는 영향에 관한 연구 (Effect of Environmental Dynamics on the Business Performance of Franchise Distribution Industry)

  • 박한성;김준호;우종필
    • 유통과학연구
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    • 제16권3호
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    • pp.59-68
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    • 2018
  • Purpose - This study empirically examines the effects of environmental dynamics(dynamics of one's own company, dynamics of competitors, and dynamics of customers), within the franchise industry, on the dependence and conflict(dysfunctional conflict and functional conflicts) and the business performances(financial and non-financial). Furthermore, we empirically examined the effects of the dependence of franchise on the conflicts(dysfunctional conflict and functional conflict) and business performances(financial and non-financial). Finally, we empirically examined the effects of the conflicts of franchise (dysfunctional conflict and functional conflict) on the business performances(financial and non-financial). Research design, data, and methodology - Our study conducted a survey on the managers and owners of the franchises located in Seoul, Gyeonggi, and Incheon. The total number of valid samples was 230, and the structural equation model was analyzed by using AMOS program. Results - First, the environmental dynamics(dynamics of one's own company, dynamics of competitors, and dynamics of customers) in the franchise industry were shown to have statistically significant positive effect on the dependence of franchise. Second, among the environmental dynamics in the franchise industry, the dynamics of one's own company and the dynamics of the customers were shown to have a statistically significant positive effect on the dysfunctional conflicts of franchisees. However, in the franchise industry, the dynamics of competitors did not have a statistically significant effect on the dysfunctional conflict of the franchise. Third, in the franchise industry, the environmental dynamics(dynamics of one's own company, dynamics of competitors, and dynamics of customers) did not have a statistically significant effect on the functional conflicts of the franchises. Fourth, the dependence of franchise was shown to have a statistically significant positive effect on the conflicts(dysfunctional conflict and functional conflict). Fifth, the dysfunctional conflict of franchisees was shown to have a statistically significant negative effect on the business performances(financial and non-financial). Sixth, the functional conflicts of franchises was shown to have a statistically significant positive effect on business performances(financial and non-financial). Conclusions - From the franchise industry researches, the environmental dynamics were selected as the preceding factors and the relationship leading to dependence, conflict, and business performance were constructed into model.

Antecedents of Acceptance of Social Networking Sites in Retail Franchise and Restaurant Businesses

  • Lee, Jung Wan;Kwag, Michael;Potluri, Rajasekhara Mouly
    • The Journal of Asian Finance, Economics and Business
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    • 제2권1호
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    • pp.29-36
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    • 2015
  • The paper examines the antecedents of acceptance of social networking sites in retail franchise and restaurant businesses. The success of retail franchise and restaurant business operators via social networking sites depends not only on organizational benefits but also on their behavioral intentions of using it. Three hundred and twenty four samples collected from South Korean retail franchise and restaurant employees are analyzed using factor analysis, structural equation model techniques and one-way analysis of variance. The results of the study identify the three constructs of organizational benefits, perceived tangible assets and perceived intangible assets as for important antecedents to accept social networking sites for their business use. Moreover, higher position employees tend to have more favorable perception of tangible assets and acceptance of social networking sites for their business use.

성공적인 수학 프랜차이즈 사업을 위한 가맹본부의 차별화된 표준화 시스템 구축방안에 관한 연구 (A study on the establishment of a differential standardization system for the franchisor for a successful math franchise business)

  • 홍희동
    • 한국융합학회논문지
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    • 제13권4호
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    • pp.63-70
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    • 2022
  • 최근 교육시장의 변화와 코로나로 인해 과외 시장 및 온라인 학습시장으로 소비자들이 이동하여 대형 교육 프랜차이즈 사업이 매출액을 중시하는 입장에서 수익구조를 극대화하는 비즈니스 모델로 재편되고 있다. 교육환경의 변화로 교수자 중심에서 학생 중심으로 개별 맞춤 서비스를 제공하고, 학생들 스스로가 자기주도 학습이 가능할 수 있도록 학습동기를 부여하고 학습기술을 배양할 수 있는 새로운 학습균형 모델이 요구되고 있다. 본 논문에서는 수학 교육서비스 프랜차이즈 사업을 운영하는 가맹본부 입장에서 최근 교육 트렌드와 소비자의 욕구를 만족하면서 기업의 수익구조를 향상 시킬 수 있는 새로운 수학 프랜차이즈 모델(K-MODEL)을 제안한다. K-MODEL은 차별화 콘텐츠 및 서비스, 학습 및 운영 프로세스, 학습 성취도 향상을 위한 다양한 프로그램을 개발하여 가맹본부와 가맹사업을 진행하는 가맹점사업자들이 안정적인 수익구조를 가질 것으로 기대한다.

A Study on Logistical System and Operational Models of Franchise Store Retailing in China

  • Li, Dong-xin;Kang, Tae-won
    • 한국프랜차이즈경영연구
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    • 제3권1호
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    • pp.130-143
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    • 2012
  • Franchise store retailing is taking on ever greater roles in business and commerce in China. The diverse product range, small-batch order, high frequency and time-specific requirements inherent in retail logistics make it the most complicated of all categories of logistics. In franchise store retailing, expanding business scales make trans-regional development a trend. Without a well-functioning logistic system, the standardized delivery of products would be held back, impacting trans-regional development strategy and operational costs. Therefore, the efficiency of franchise store retailing largely depends on logistical efficiency. The integrated and streamlined management of franchise stores depends in large measure on their logistical centers. As such, logistical centers constitute the key link and bears on core competitiveness in franchise store retailing. This thesis begins with an analysis of the current developments and four basic logistical models of franchise store retailing in China, proceeds to summarize developmental trends as well as focal issues and proposes an efficiency enhancing plan.

A Systematic Review Study on the Start-Up Sustainability Factors by Franchises Growth Cycle in Korea : Focusing on the ERIS Model

  • Kim, Insook;YANG, Jihee
    • 한국프랜차이즈경영연구
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    • 제12권2호
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    • pp.23-33
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    • 2021
  • Purpose: The purpose of this study is to provide basic data such as development of sustainable support policies and performance management evaluation to support sustainable management of domestic franchises by deriving the sustainable growth cycle of domestic franchises. Research design, data, and methodology: This study is based on systematic review study. We combined search terms such as "Start-up", "Sustainability" and "Success" with four databases, RISS, KISS, e-article and DBpia and searched a total of 1,219 articles published by April 21, 2021. In the process, 35 studies were selected and analyzed after an expert review, excluding documents whose overlapping documents, gray zones (e.g., reports, conference presentations, etc.), degree papers, foreign language literature, and dependent variables were not related to the Sustainability factors. Using ERIS model, which is applied to research on the results of startup, and the franchise's growth cycle, which reflects the growth stage of franchises, we analyzed the factors behind the sustainability of franchise. Result: The results of the study are as follows. First, research on the sustainability of franchise has continued since 2009 in Korea, and has been conducted in various fields such as social welfare in addition to venture, start-up and management. Second, sustainability factors of franchise were analyzed from the ERIS performance model indicating the performance of venture, and the 68 subfactors were derived. Third, it is confirmed that there are important factors that affect the sustainable growth of franchise startups in each franchise's growth cycle. Conclusions: It is significant that through this study, we provided better understanding of the factors that sustain sustainability of franchises, policy suggestions, and presented the direction of future study. Theoretical suggestion is that the main reason for the continuous growth of franchise in each domestic franchise is based on the ERIS performance model. The practical implication is that the headquarters and Franchisor can use it to establish and evaluate performance indicators based on the business growth cycle. The results of this study are expected to be used as basic data for development and performance management evaluation of franchise start-up support policies to support the sustainable management of domestic franchises.

An Empirical Analysis of the Influence of Entrepreneurial Orientation on Franchisees' Outlet Performance and Intention to Stay

  • Adeiza, Adams;Malek, Marlin Abdul;Ismail, Noor Azizi
    • 한국프랜차이즈경영연구
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    • 제8권1호
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    • pp.5-18
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    • 2017
  • Purpose - Although literature has established the relevance of entrepreneurial orientation(EO) in the performance of conventional firms, the constraining nature of franchise arrangement makes one wonders if the same relationship holds for companies operating under the business model. Research design, data, and methodology - Using Nigeria - a country with high potential for franchise growth - as a context, this study aims to explore the relevant entrepreneurial orientation skills exhibited by franchisees and show the extent to which these skills influence their business performance and intention to remain. 26 franchisees purposively selected from six local franchise brands in Nigeria were interviewed. Result and Conclusions - The three classic entrepreneurial orientation factors of innovativeness, proactiveness and risk-taking were found to have varying influence on franchisees' business outcomes. This study answers the calls for more in-depth understanding of the relationship between EO and firm performance generally and, franchise firm performance in particular. The value of this effort lies in the fact that it strengthens theory and updates literature on the subject. Based on the findings, specific recommendations are offered to help improve the practice of franchising in Nigeria.

프랜차이즈 본부의 가맹비용이 기업영속성에 미치는 영향: 가맹만족과 경영성과의 순차 매개효과 (The Impact of Franchise Costs at Franchise Headquarters on Corporate Permanence: The Sequential Mediating Effect of Franchisee Satisfaction and Management Performance)

  • 채희준;강병오;채희원
    • 한국프랜차이즈경영연구
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    • 제14권3호
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    • pp.37-52
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    • 2023
  • Purpose: This study is to investigate the causal relationship between franchise headquarters' franchise cost and franchise satisfaction and management performance, and to verify the structural relationship between franchise cost and corporate permanence. Research design, data and methodology: The data were collected from 200 medium-sized franchisees in Seoul and analyzed using confirmatory factor analysis (CFA) to test the validity of the measurement model and the structural equation model (SEM) to identify the impact of franchise costs on corporate performance with the Amos 28.0 program. Result: Franchise costs were found to have a negative effect on franchise satisfaction and corporate permanence. It was confirmed that franchise satisfaction had a significant positive effect on management performance and corporate permanence. Franchise costs had a sequential mediating effect on franchise satisfaction and management performance, which had a significant impact on corporate permanence. Conclusions: This study expanded the theoretical scope by applying the expectation confirmation theory to corporate transactions. In addition, the franchise headquarters proposes ways to create a culture of franchise business with trust by presenting appropriate franchise costs to improve management performance and corporate permanence through franchise satisfaction.

프랜차이즈 시스템의 평가 지표 개발을 위한 탐색전 연구 - 공생지수(symbiosis index)를 중심으로 - (An Exploratory Study on the Development of Evaluation Factors in Franchise System: Symbiosis Index)

  • 최성식;김홍석;구본혁;이원호;나화숙;한규철
    • 한국프랜차이즈경영연구
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    • 제1권1호
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    • pp.65-85
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    • 2010
  • 프랜차이즈 시스템을 기반으로 하는 하나의 가상기업인 프랜차이즈 기업(Franchise Enterprise)의 개념에서 이 프랜차이즈 기업이 프랜차이즈 사업을 지속적으로 성공하기 위해서는 sub-system 자체도 경쟁력을 갖고 가야하고, 이들 sub-system 간의 공생적 관계(symbiotic relationship)도 프랜차이즈 시스템의 목표인 공생(symbiosis)을 향해서 잘 유지를 해야 한다. 이런 관점에서 프랜차이즈 시스템에 대한 평가는 기존의 프랜차이즈 평가와는 다른 관점에서 진행되어야 할 것으로 보인다. 즉, 기존의 평가 시스템은 가맹본부 중심의 평가에 집중을 하고 있다. 물론 프랜차이즈 시스템의 중심은 가맹본부(가맹본부 시스템)가 되지만 프랜차이즈 시스템을 기반으로 하는 프랜차이즈 기업의 관점에서 보면 가맹본부 시스템과 더불어 다른 하위시스템(가맹점, 벤더, 고객) 간의 공생적 관계가 유지될 때 성공적이고 지속 가능한 사업성과를 기대할 수 있다. 따라서 본 연구에서는 기존 평가시스템을 고찰하고, 지금까지 가맹본부-가맹점 중심의 평가시스템의 관점에서 더 확대하여 4개의 하위 시스템 자체와 이들 간의 공생적 관계(symbiotic relationship)를 통한 공생지수(symbiosis index)를 도출하여 프랜차이즈 시스템의 새로운 평가 모델을 제시하고자 한다.