News

Posted 1.25.05

A book by Scott Shane, PhD

Unlike competitive books, From Ice Cream to the Internet focuses squarely on the strategic issues and challenges faced by franchisors. Shane answers key questions such as: What do the winners do differently? How does franchising affect your ability to compete with firms that don't? Shane then presents proven principles for every facet of franchising success: designing the system, recruiting, selecting, managing and supporting franchisees; establishing territories and pricing; managing expansion; and more.

Clear and engaging, this book brings together previously inaccessible research on a wide range of crucial issues, from establishing margins to navigating the legal and institutional challenges of franchising. It will be the definitive guide for every business leader responsible for evaluating, planning, implementing, or managing franchise relationships.

  • • Is franchising right for your business?
  • • Evaluate your industry, your competitive position, and your competencies
  • • Building the foundation of a successful franchising system
  • • Establish winning policies, support and assistance mechanisms, and more
  • • Pursuing growth, without the risks and pitfalls
  • • Define territories, price franchises, and plan expansion
  • • Law, internal politics, and other hassles
  • • Navigate the unique legal and political issues associated with franchising
  • • Finding and nurturing the right franchisees
  • • Recruit and select the franchisees most likely to succeed-and build "win-win" relationships with them

For businesses seeking new paths to growth, franchising offers immense promise-and unique risks and pitfalls. All too often, decisions about whether and how to franchise are made based on anecdotal or unrealistic information. This book brings together the field's best research, helping you to decide whether to franchise, to understand the key factors associated with long-term success, and to build systems that work for franchisor and franchisee alike.

Drawing on studies of hundreds of franchise systems in dozens of industries, Dr. Scott A. Shane identifies proven principles and techniques for the entire franchise system development process: defining products and services, planning support, establishing royalty rates and advertising programs, mapping territories, recruiting and managing franchisees, and much more.

Read a sample chapter: : Is Franchising Right for Your Industry?

For more information about Professor Scott Shane, click here.

Interested in buying this book? Weatherhead has made arrangements for our students and friends to get a 30% discount off the price of the book and free shipping. Click here to buy the book now.*

*Note: Weatherhead School of Management and Case Western Reserve University do not endorse any vendor. Links to vendors are provided as a convenience to our students and friends. If Case receives a referral fee from a vendor, the fee will be used towards serving Case's charitable mission.

News Archives: