Why Retail Chains Will Continue to Outpace Franchises; Unless…
When I stepped into a senior management role in 1999 to manage a national franchise, the (pre-existing) Strategic Plan that I reviewed to “get my bearings” as far as SWOT (Strengths/ Weaknesses/ Opportunities/ Threats) was concerned trumpeted a very clear message: “the chain stores are dominating the retail space in the N.Z. market“. Why is it that where brand awareness and market share is concerned retail chains tend to consistently outpace franchises in most cases ? The answer lies in…