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Can you make money by opening a franchise store? How to start a franchisee
How to make money by opening a franchise store? Indeed, there are many new franchise brands on the market now, but they will not be sold after a while. Entrepreneurs are afraid to meet such a liar company. Can you make money by opening a franchise store? In fact, opening franchise stores can help entrepreneurs make money quickly, but many entrepreneurs will not choose formal franchise projects, leading to business failure. How to open a franchise store? Bian Xiao teaches you to choose to join a good project. How to open a franchise store? According to analysis, entrepreneurs should look for headquarters with certain experience in opening stores, and the number of chain stores will reach a certain scale or develop for at least five years, so competitive chain brands will be more secure. Some emerging franchise systems have not been developed in the market for a long time, have not experienced the market, and customers' consumption habits have not yet been developed, which is easy to cause the illusion of temporary business prosperity. When choosing a weak chain brand, although you can pay less for joining, you can enjoy less resources and help from the headquarters. Many things have to be taken care of by franchisees themselves, and their competitiveness is naturally weak. Can you make money by opening a franchise store? Competitive chain brands have good development prospects and naturally have high requirements for joining. However, it should be understood that the more stringent the franchise conditions, the more perfect the franchise system, the stronger the financial resources and strength, but also more capable of ensuring the profits of franchisees. Because of this, the more reputable chain enterprises are, the more rigorous they are when choosing franchisees. So what should I pay attention to when opening a franchise store? Choosing to start a business is to ensure profits, so if you want to open a franchise store successfully, you need to pay attention to the following aspects: first, friends who choose to join a business must understand the meaning and spirit of joining, and then they can screen out the final project agency partners based on this spirit and significance. What are the constraints of joining brands on agents? Let's take a look at how to choose a good franchise brand! How to correctly inspect and join the headquarters! How to correctly inspect the franchise headquarters when opening a franchise store? First, the franchise headquarters should be required to show the service identification registration certificate, because the so-called franchise is that the headquarters authorizes the franchise stores to use the brand. In other words, the headquarters must have a brand to authorize franchisees. In other words, the headquarters must first obtain the service label registration certificate issued by the Central Bureau of Standards. A while ago, there was a controversy about the chain system of China restaurants. The old and new systems entered the Fair Trade Commission. Later, the losing party was forced to change the brand name, and even the franchisees who had joined the system were forced to change their names. How innocent! Therefore, before joining, franchisees must first confirm that the headquarters really owns this brand, so that they can join with confidence. How to correctly inspect the franchise headquarters when opening a franchise store? Second, the payment method of royalties Generally speaking, the head office will charge three kinds of fees to franchisees, namely, franchise fee, franchise fee and deposit. The so-called joining fee refers to the fee charged by the headquarters to help franchisees with the overall store opening planning and education and training before opening a store. Royalty refers to the fees that franchisees need to pay for using the headquarters trademark and enjoying goodwill. This is a continuous charge. As long as franchisees continue to use the trademark of the headquarters, they must pay regularly. The payment period can be once a year, quarterly or monthly. As for the deposit, it is the fee charged by the headquarters to ensure the franchisees to effectively perform the contract and pay on time. Among them, due to the continuous collection of royalties, some franchise headquarters will require franchisees to write a check for the full amount of royalties during the contract period when signing the contract. For example, the contract period is five years, and royalties are paid annually. Some headquarters will require franchisees to pay royalties for five years with five checks at a time.