Business Development Manager
2 weeks ago
Fusionhub Marketing is a growing start-up company in Singapore with an established global presence in Philippines and Taiwan. We are looking for :-
Business Development Manager, Franchise
The incumbent should have an existing experience in managing Franchisees with hands-on franchise management in a F&B concept. He or she should have successful track record in managing franchisee regionally. This position will be reporting to the CEO.
Market Research:
- Scout and conduct market research to identify potential markets and locations for franchise expansion.
- Analyze competitive and industry trends in the countries to optimize franchise development strategies.
Franchise Partnering:
- Act as the key responsible contact for Franchise business
- Track, Identify and target potential franchisees on regular basis
- Develop and implement effective strategies to engage and recruit qualified franchise partners.
- Conduct thorough evaluations of prospective franchisees, assessing their financial capacity, operational experience, and commitment to the brand.
Frachnise procedure:
- Guide potential franchisees through the entire sales process, providing information, addressing inquiries, and facilitating due diligence.
- Negotiate terms and conditions of franchise agreements while ensuring alignment with company policies and standards.
- Collaborate with legal team to finalize and execute franchise agreements.
Frachnise Relationship:
- Cultivate strong relationships with potential and existing franchisees, providing ongoing support, fostering a good relationship and facilitate smooth communication within the franchise network.
- Collaborate with internal teams to ensure that franchisees receive the necessary training, resources, and support for successful operations.
- Managing and monitoring Franchise business on their performance and aiming at continuously business collaboration with the partners.
Financial Analysis:
- Evaluate financial performance and feasibility of potential franchise locations.
- Work with financial analysts to develop financial models and projections to support decision-making.
- Work within the budget allocation.
Marketing/ Branding:
- Work and collaborate with our internal customers to ensure that franchisees uphold the company's standards and guideline.
- Represent the brand at industry events, trade shows, and conferences to attract potential franchisees.
- Contribute idea and assist in the events and projects that are related to the Franchising business
- Collaborate with marketing teams on all marketing issues and materials
Documentation Procedure:
- Maintain accurate records of all franchise development activities, including partners' correspondence, negotiations, and legal agreements.
- Prepare and present weekly regular reports on franchise development progress and key performance indicators to the management
Qualifications:
- At least a Bachelor's degree in Business Administration, Marketing
- Minimum 5 years sales or marketing experience in related to F&B industrial
- Proven experience in franchising sales.
- Strong understanding of franchise operations, legal requirements and industry best practices.
- Excellent communication, negotiation, and interpersonal skills.
- Analytical mindset with the ability to assess financial data and market trends.
- Self-motivated, results-driven and able to work independently and hands-on experience.
- A good team player
- Travelling is required
If you are the one that we are looking for, send your resume to us and be part of the family.
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