The participatory franchise is often criticized

You practice the participatory franchise. Can you explain the reasons motivating you to make this choice It's a bit random. End of December 2009, a young man of 29 years came to see me to explain that he wanted to become a franchisee TheraCh'i. The concept he pleased and he had in mind to launch a wellness centre accessible to all since it had been his thesis topic. But he did not have the financial means, because he was working at the time in a Thalassotherapy centre and had little personal contributions. I decided to help and to put foot in the Stirrup on returning home in the capital of his company and renting equipment. He was able to open centre in Nantes in September 2010.

For you, the participatory franchise is therefore not a strategy, but rather a personal motivation This is true. 20 Years ago, when I came on the labour market, they gave me my chance. In a week, I was employed in Auchan with my single degree of IFG (French Institute of management) and quickly, I have responsibilities. Today, I think that young people have fewer opportunities and it is more difficult to climb to the top. They are also relevant. With the participatory franchise, I have to repay the debt of my generation and printing of their opportunity to young people. I see this formula as a social elevator. Is also not systematic network and practiced only on a case by case. On the eight centres currently in operation, only two are participatory franchise.

What are the terms and conditions of participations in the capital of your franchisees I remain still minority by entering up to 25-40 depending on the case, with the objective to go out after three years so that the franchisee then returns in a classic franchise system. It's me who buys the equipment and which then leases it to the franchisee, at a rent of 800 euros per month. In the end, the franchisee carries just the entry fee of 10 000 euros for the rental of the equipment and the monthly lump sum fee of EUR 400. The franchise agreement is identical to any other partner, but a shareholders Pact is included. He said the terms of output and redemption of shares.

The participatory franchise is often criticized. Are you concerned Absolutely not! I do not see that it is shocking that signs of wide distribution or fast food, investing sites N 1, secure their network. If in addition, this allows candidates to start, I do not what is the problem. Everyone has not 30,000 or 50,000 euros in his pocket. In addition, the financial participation of the franchisor is a significant asset to the banks. The franchisee of Nantes was able to see, because the Credit Agricole agreed immediately to provide financing to the project.

Don't you be afraid of losing money Well, I am obviously a financial risk and this is also why my catch of participation remain minority. I'll never go more than 40. But I also see this formula as an investment for the future, because it enables to develop my network.