2. Market competition risk: The hot pot market is fiercely competitive, and new brands and products emerge one after another.
3. Financial risk: Joining Yudingkang requires a certain amount of funds, including joining fees, store rent, decoration fees, raw material procurement, etc.
4. Management risk: After joining Yudingkang, it is necessary to establish a perfect management system, including personnel recruitment, training and assessment.
5. Innovation risk: The catering industry is changing rapidly, and franchisees need to constantly update their products and services to meet the changing needs of consumers.
6. Policy risk: The catering industry is greatly affected by policies, such as food safety, hygiene license and business license.