When choosing a franchise store, you need to carefully investigate and collect relevant information, and don't listen to some exaggerated advertisements impulsively and unilaterally. We should consider the following aspects:
Franchise brand: Choosing mature and well-known franchise brands can greatly reduce investment risks.
Featured management: Featured franchisees can reduce the risk of vicious competition and improve the chances of success.
System management training: A mature franchise system has a good management system, which can reduce business mistakes. A mature franchise system includes pre-training and continuous training; Management system and strong implementation process supervision system; Sustainability and effectiveness of marketing and customer management; System support for daily operations such as manpower, material resources and financial resources.
Joining requirements: usually the return on investment should be considered first. The lower the price, the better. The key is whether the invested franchise stores can bring long-term stable income.
Choice of business location: there should not be too many competitors around, and there should be an appropriate distance between the same franchise systems to separate business areas.
Accurate calculation of return on investment
Probability of success: We should examine the operating conditions of other franchisees in the same system. If a franchise system closes stores, it must be cautious; If there are many closed stores in a franchise system, whether it is the mistake of individual operation or other reasons, we should consider giving up.
Hope city pizza brand's answer can help you, wish you a happy life ~