• 한국컴퓨터정보학회논문지
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• 제23권10호
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• pp.189-201
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• 2018

This study analyzed the effect of core competence of supervisor on the satisfaction, loyalty, business performance of franchisees and business performance of franchisor. And the purpose of this study is to solve the most problematic issues in franchise business such as poor sales of franchisee, inadequate measures for activating sluggish stores, closing rate increase of franchisee, dispute between a franchisee and franchisor. The results of this study will be used as data for the success of Franchisor's business operation and for the change and development of the franchise industry. In this study, 168 CEOs and employees in the franchise industry were surveyed. Through previous research and expert interviews, we designed the core competency factors of franchise supervisors into seven areas: check, consulting, coordination, promotion, counseling, communication, and control. In order to verify the hypothesis of the research, the relationship between variables was verified by simple regression analysis and multiple regression analysis. Key result of the study are as follows. First, the core competency of the supervisor has a positive relationship with the franchisee's satisfaction. Second, the core competence of the supervisor has a positive relationship with the franchisee's loyalty. Third, franchisee's satisfaction has a positive effect on loyalty. Fourth, franchisee's satisfaction positively affects the business performance of franchisee and franchisor. Fifth, franchisee's loyalty positively affects the business performance of franchisee and franchisor.

• 유통과학연구
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• 제13권4호
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• pp.65-76
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• 2015

Purpose - This article aims to present and test a model regarding franchisors' supporting activities that may positively influence franchisees' attitude toward the franchising headquarter and their own business performance. Moreover, the authors examine the moderating effect of competitive intensity between franchisee attitude and business performance. Most previous research focused on behavioral performance measurements such as satisfaction, trust, and commitment. There are few empirical studies that focus on financial performance data because it is difficult to determine a relational mechanism between behavioral and financial performance. Moreover, financial data is confidential and difficult to collect in many cases. However, this study measures financial performance (e.g., sales revenue per square meter) differently than most previous research, which is mostly focused on the behavioral performance measurements. Research design, data, and methodology - To test our hypotheses, we selected 137 franchisee managers who are running chains of one of the foremost bakery franchise brands in South Korea. This study carefully investigated the reliability, content validity, convergent validity, and discriminant validity of the proposed instrument by analyzing the data obtained from the samples. The data was analyzed using the AMOS structural equation modeling program. Results - The results indicated that: non-financial support activities (e.g., information exchange and communication) had a positive impact on the franchisee attitude toward the franchising headquarter. The franchisee attitude in turn had a positive effect on the headquarters' business performance. Furthermore, competitive intensity could enhance the relationship between franchisee attitude toward franchising headquarter and business performance in a local franchise market. However, financial support activities (e.g., rewards and promotional support) and training had no relationship with either franchisee attitude or business performance. Conclusions - This study provides some practical implications to franchisors in terms of franchise operation and store opening strategies. With respect to the franchise operation strategy, franchisors need to focus on non-financial rather than financial support. Most franchisees consider the necessity of financial support activities and not their sufficiency because these activities are specified in their franchise contract. In addition, it is important for franchisees to maintain a positive attitude for the franchise headquarters. The franchisees with a positive attitude for the franchisor can show a high degree of solidarity for various support activities, and it consequently determines franchisees' sales performance. In terms of franchise store opening strategy, this study suggests an additional criterion that can be considered in determining the location of direct and non-direct management stores (e.g., franchisees' stores). In this research, franchise stores located within high level of competitive intensity are shown to have a high relationship between franchisee attitudes of franchisor support activities and business performance compared to the franchisees located within low competitive intensity level. This result shows that opening non-direct franchise stores is more effective than direct stores in higher competitive market situations. Research contribution, implications, and further research directions are discussed at the end of the paper.

• 한국프랜차이즈경영연구
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• 제6권2호
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• pp.67-85
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• 2015

This study attempts to measure the performance of franchise brands using the Enterprise Contract Management(ECM) and Franchise Contract Management Leverage(FCML). The data were collected from 14 chicken franchise brands and 16 coffee franchise brands. This research suggests some implications as follows. Chicken franchise brands are confronted with the slow growth, but coffee franchise brands still have the potential growth. According to FCML, as well, it shows that chicken franchise brands should focus on qualitative performance through franchise store management to achieve sustainability, and coffee franchise brands need the managerial strategies to maximize franchisees' sales profit, which leads increasing franchisor's business performance ultimately.

• 한국프랜차이즈경영연구
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• 제6권1호
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• pp.42-68
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• 2015

As franchise industry has grown, the role of a supervisor who is a contact point between franchisor and franchisees has become more vital to success of the business. This research, focusing on his/her specific role, explores communication type, leadership type, and followership type of the supervisor in relations with the organization, franchisor, and franchisees, respectively. Furthermore, we compared performance of franchises by the three types above through the franchise contract management leverage (FCML) which reflects business performance both qualitatively and quantitatively. According to the analysis on supervisors of a franchise business, 'Ganiyeok', the majority of supervisors' communication type were either supportive style or directive style. For the leadership type, team-type and impoverished-type leaders were the majority, while effective or passive followership appeared highest in followership type. In addition, supportive supervisors in communication style, team-type supervisors in leadership style, and effective supervisors in followership had highest FCML, while reflective and directive styles, impoverished style, and passive style had lowest FCML. Primary goal of a franchise business is stable profit generation. This study not only examined what characteristics supervisors need and which style is insufficient, but also proposed tailored solutions for each style. Thus, we confirmed that debates on franchise can be approached in perspective of both communication and business, and we further suggest diverse approaches on future franchise business.

• 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.

• 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.

• 한국프랜차이즈경영연구
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• 제13권4호
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• pp.39-48
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• 2022

Purpose: COVID-19 has negatively influenced the financial performance of restaurant firms. Previous literature suggests that the franchising strategy effectively helps restaurant firms recover from difficult business conditions through various methods for expanding business size and enhancing business efficiency. According to risk-sharing theory, restaurant franchisors may minimize operational risks by sharing the risks with their franchisees. For instance, restaurant franchisors could generate more stable cash flow using franchise fees from their franchisees. However, research on the effect of franchise's risk reduction factor on business performance during pandemic is scarce. Thus, this study aims to examine the positive moderating effect of franchising between COVID-19 and restaurants' financial performance. Research design, data, and methodology: Panel data including financial information and franchising status of restaurant firms were collected for analysis. In order to control for unobserved firm-specific factors, generalized least squared estimation in fixed effects model was conducted. Huber-White robust standard errors were used to deal with heteroscedasticity issues. Results: It was found that COVID-19 pandemic has a negative effect on the restaurants' financial performance such as ROA (return on assets), ROE (return on equity), and PM (profit margins), which confirms the findings from existing literature. More importantly, results show that the degree of franchising has a positive moderating effect on the relationship between COVID-19 and financial performance of restaurant firms. This suggests that more active engagement in franchising may decrease negative impacts of COVID-19 on the restaurants' financial performance. Conclusions: The study supports existing literature related to risk-sharing theory, by confirming that pandemics, such as COVID-19, negatively affect financial performance of the restaurants. Furthermore, it was found that franchising strategy can help lessen negative impacts of pandemics on the firm performance. These findings can contribute to the franchise and restaurant management literature by suggesting the role of franchising in reducing business risks, thereby positively affecting financial performance. Moreover, this study offers business managers of franchisors and franchisees insights for utilizing franchising in restaurant risk management. Policymakers may also gain information on aiding restaurant firms during global crisis, such as COVID-19.

• 한국프랜차이즈경영연구
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• 제3권2호
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• pp.39-54
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• 2012

프랜차이즈 시스템은 제2차 세계대전 이후 유통경로의 중요한 한 분야로서 미국을 시작으로 급속한 성장세를 보여 왔다. 미국과 일본을 거쳐 국내에는 1979년에 도입되어 비약적인 성장과 발전을 이루었다. 현재 한국의 프랜차이즈 시스템은 미국적 계약문화에 의한 지적재산권으로 정착되기 보다는 한국문화에 맞는 사업경쟁력 강화시스템으로 변형, 발전 되었는데 한국의 프랜차이즈 시스템은 가맹본부가 가맹점으로부터 로열티를 받는 대신 대량구매와 공동물류, 마케팅을 활용한 경쟁력을 높여 이에 따른 이익을 발생시키는 독특한 시스템으로 정착되었다. 이러한 한국적 프랜차이즈 시스템의 국내 성공에 힘입어 최근 국내의 많은 프랜차이즈 업체들이 한국적 프랜차이즈 시스템에 의한 국제경쟁력을 갖추고 해외 진출을 본격적으로 전개하고 있다. 이런 한국의 프랜차이즈 기업의 해외진출은 한국 내에서 지역을 넓혀가는 것에 비해 훨씬 많은 시간과 조사, 노력, 자금이 필요하고 이에 따르는 위험도도 높다. 즉 진출하고자 하는 국가의 문화, 관습, 생활수준 및 관련 법규에 대하여 충분한 조사를 행한 후에야 진출 여부에 대한 의사 결정을 내릴 수가 있다. 최근 카페베네가 미국 뉴욕 맨해튼에 진출하고 번 전문업체도 미국 현지에서 성공적으로 안착하는 등 국내 토종 프랜차이즈 기업들도 해외 진출을 통하여 사업을 확대하고 있는 추세다. 그러나 영국시장에서 우리나라 프랜차이즈 진출은 전무한 상태다. 영국의 경우는 개인 서비스 영역의 프랜차이즈의 성장세가 높아지고 있고 웰빙 열풍으로 동양의 식음료에 대한 정보도 유입되고 있는 상황이다. 또한 유럽국가 중에서도 인터넷 보급률이 높으며 2012년 런던올림픽 이후 IT 산업 육성 등 홍보나 마케팅 정보의 유입이 예전에 비해 좀 더 쉽게 다가갈 수 있게 되었다. 이러한 상황에서 영국 시장에 프랜차이즈 진출을 위하여 사업 환경은 어떠한지 어떠한 업종으로 진출할 것인지의 전략수립을 통하여 세밀하게 성공 요인을 분석하고 벤치마킹함으로써 한국의 프랜차이즈 기업이 영국 시장 진출에 큰 시사점을 얻을 수 있는데 그 목적이 있다.

• 한국프랜차이즈경영연구
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• 제3권2호
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• pp.20-38
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• 2012

본 연구의 목적은 예비가맹사업자가 창업을 준비할 때 프랜차이즈가 성공할 수 있는 가맹본부를 선별할 수 있는 기준을 살펴보고, 프랜차이즈 사업의 위험요소 감소와 성공적인 방향을 제시하는데 의의가 있다. 특히 공정거래위원회에서 제시하고 있는 정보공개서 분석을 중심으로 도출된 2922 표본 중 2개년도, 가맹점 10개 이상 등의 조건과 결측치를 제외한 511개의 표본을 대상으로 분석하였다(2012년 8월 20일 기준). 선행연구를 통한 프랜차이즈 특성을 도출하였고, SPSS 18.1을 통해 빈도분석과 회귀분석을 실시하여 특성분석과 가맹점 사업성과 간의 영향을 살펴보았다. 연구결과, 첫째, 프랜차이즈 본부 특성은 전반적으로 소상공인이나 중소기업 규모(총점포 수, 재무재표 등)로 운영되고 있으며, 대부분 업종이 기타 외식에 집중되어 있었다. 특히 프랜차이즈의 영업지역의 보호라는 관점에서 비보호를 대부분 채택하고 있다. 둘째, 프랜차이즈 특성과 성과간의 관계에서 연평균매출액과 당기순이익에서는 영향을 미치는 것으로 나타났으나 성장률에 해당되는 가맹점증가율 지표에는 영향을 미치지 못하는 것으로 도출되었다. 마지막으로 프랜차이즈 특성들과 성과간의 차이분석에서는 업종구분을 제외한 대부분의 특성들이 연평균매출액과 연평균당기순이익에 차이가 있는 것으로 나타났으며, 가맹점증가율에는 차이가 없는 것으로 나타났다. 연구결과를 통해 지속가능한 성장이 될 수 있는 방안이 마련해야 하며, 프랜차이즈의 권익보호를 위한 발판을 마련할 필요가 있다. 본 연구는 공시된 데이터를 바탕으로 관계에 관한 연구를 해보았다는 점에서 의의가 있다.

• 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.