In the business process, the franchisee will be involved in financial management, personnel management, market development, peer competition and many other factors, and each franchise will be due to local customs, the market, the competitive environment, etc., with the headquarters of the existence of a great difference.
Research and analysis concluded that: in order to stabilize the profits, the franchisee must be the headquarters of the business philosophy, operational methods, etc. absorbed into their own available methods, to develop their own business management capabilities.
Opening a chain of franchises need to invest a certain amount of money a lot of time and effort. Chain franchise notes are as follows:
One, in the pre-franchise, pay attention to the reasonable financing, reasonable investment
Because of the eagerness to start a business store, some franchisees in order to raise the franchise gold, deposits, etc., everywhere, even borrowing loan sharks are also not afraid to do so. Once the store, although the business is also quite smooth, but every day in order to raise money to pay the debt, completely uninterested in the business of the operation. Should be at the head of the front leader of the operators, once because of the scheduling of funds and leave the front line, the other employees in the store will immediately be affected, so the quality of service gradually decline. Customers are also sensitive, and slowly will gradually away from the store, of course, the performance will not be able to move up again, the original business is still good store often therefore collapsed.
Mr. Feng, in order to raise money for the franchise and opening costs, borrowed money from people all over the place. After successfully joining and opening the store, business was very prosperous. See profitable, a debtor proposed to lend Mr. Feng 100,000 yuan into the shares, to participate in the management of the hotel and the distribution of profits, if you do not agree, then immediately repay the debt. In order to raise money to pay off the debt, Mr. Feng did not want to invest in the management of the hotel, and the quality of service gradually declined.
Therefore, the franchisee should act according to his ability and choose the franchise fee that suits his threshold, otherwise, the debt is high, and the whole day is full of worries, which has a great impact on the operation of the store.
At the same time, the franchisee should determine a reasonable proportion of the allocation of the entire capital investment, do a good job of overall planning. Do not wait until after the opening of the scenery, only to find that there has been no funds for the operation of the store later, will not make a big joke.
Two, control the operating costs, planning a good stocking strategy
The cost control of the business process is very important, less spending is equal to more than one point of profit, the cost compression in the lower range is absolutely necessary. However, excessive savings is also incorrect. For example, lighting effects for the sale of certain goods is essential to attract customers, if the spotlights will be turned off in order to save electricity, it will certainly not pay off.
At the same time, planning a good stocking strategy and regulating the speed of turnover is also an effective way to control costs. Stores should be avoided as much as possible to avoid the pressure of goods, many new bosses often appear funds accounted for a serious situation, the capital operation is stretched to the limit, and soon fell into difficulties. Seasonal slow-selling goods should be timely price reductions clearance, with new goods to supplement the original vacancy. After all, the goods are only sold is money.