Experience: 3+ Years Location: Sector 82, Mohali. Note \xe2\x80\x93 This profile includes travelling PAN India
The Business Development Executive (BDE) for Franchises is responsible for spearheading the growth of the franchise network. Their primary duties typically include:
Franchise Expansion: Identify, evaluate, and establish new franchise opportunities in line with the company\xe2\x80\x99s objectives and target markets.
Networking and Relationship Building: Cultivate relationships with potential franchisees, investors, and stakeholders to promote brand awareness and secure partnerships.
Market Analysis and Research: Conduct market analysis, assess competition, and identify growth opportunities for the franchise business.
Negotiation and Contract Management: Lead negotiations, finalize terms, and manage contract agreements with potential franchisees while ensuring compliance with company policies and standards.
Support and Training: Provide guidance, support, and training to franchisees to ensure successful implementation and adherence to brand standards, operational procedures, and business strategies.
Performance Monitoring: Monitor the performance of franchise outlets, identify areas for improvement, and implement strategies to maximize profitability and operational efficiency.
Reporting and Strategy Development: Prepare regular reports, analyze performance metrics, and collaborate with the management team to develop strategic plans for franchise expansion and enhancement.
Compliance and Regulatory Adherence: Ensure adherence to legal and regulatory requirements, including franchise laws and regulations.
This role demands excellent communication skills, strategic thinking, negotiation abilities, and a thorough understanding of the franchising business model. Additionally, a BDE for Franchises should possess strong leadership qualities and the ability to work collaboratively across departments to drive business growth and maintain brand consistency.
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