Franchise Share’ intranet service improves business values

The communication system of the Franchise Share business provides vital franchise information. The IT & Communications business helps businesses identify and manage important areas in establishing new stores or restructuring. With the help of the Intranet service provider, franchisors can assign tasks and watch the progress on the system.

The communication system will generate automatic email alerts and reminders. Franchisees will be informed quickly of any changes effected in the policy and procedure manuals of the franchisor.

Generating royalty invoices through manual process is costly and subject to mistakes. To avoid this, Franchise Share offers royalty module that automatically calculates the royalty payment due from each franchisee. The royalty invoice module will provide details of the royalties to the corporate accounting system to generate invoices.

The system will allow separate configurations for each store according to the royalty and other levy percentages. The communication system avoids faxes, paper-checks, and errors that arise out of manual royalty collection processes. Franchise Share offers sales data collection and analysis, which will inform the franchisor about the best selling products, customer mood and performance of franchisees.