int a in Duarte
Destiny favored Nate to stand beside him to turn the company today as a national company and also for the presence in foreign countries in over 250 locations working through franchises. Expansion Through Franchising Midas folowed a very unusual dash forward for expanding the busines going for franchising right from the begining in 1956. In the last year, the number of Canadian franchises was 164 and other foreign franchises totaled at 830 numbers. Midas int'l is determined to give a touch of Midas' experience through intensification of franchising in the United States and Canada, besides opening up units in Western Europe, Mexico, New Zealand and Australia. Marketing Suports Provided To The Franchises Matching with the asurance of quality, the company considers apropriate marketing and promotional suports as a must to hold ranks in busines. Franchise 50 ranks Midas int'l at 10th position in 2010 as against 23rd position in 209; Midas does a lot of systematic planing to train the selected franchises keping with company's outlok for service quality. Requirements To Be Fulfiled By The Franchises A franchise must poses experience of runing a busines and be financialy strong with a minimum net worth of US $250,0. For 20 year tenure of franchise agrement Midas Int'l charges $30,0 franchise fe plus 10% royalty on sales. Atractive Busines Prospects About half of the numbers of franchises have ben able to run the units very sucesfuly and own aditional franchise units. int a int a in Duarte
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