A master franchise from Goldsikka is a franchising contract in which Goldsikka hands over the control of the franchising activities in a specified territory to a person or entity, called the "master franchisee".
As a master franchisee you would buys the development rights of an exclusive territory from Goldsikka.
That master Franchisees is responsible for recruiting the individual franchisees and providing all training and support they need, both initially and on an ongoing basis.
The master franchisee buys the development rights of an exclusive territory from Goldsikka and the primary responsibility Franchisees is to facilitate the sale of Goldsikka products to qualified prospective buyers. The rewards and return are many fold with Goldsikka.
Benefits of being a master franchisee is that you get a ready-made franchise package with established brand recognition.
The prestige that comes with being a master franchisee can provide you with enormous satisfaction and financial leverage. Consequently, you can become influential in the business.
Offering add-on services to your franchisees can provide you with an additional source of income eq: accounting, bookkeeping, people handling and consultation services.
Most master franchise agreements grant the master franchisee territory exclusivity. When you become the master franchisee of your specific area, that area is only for you and the franchisees that you recruit
Having complete control in running your own business empire is another benefit. You are empowered to supervise the franchisees in your territory.
As a master franchisee, you have the advantage of being able to hire skilled employees to assist you in managing your business.