Choosing a franchise requires careful examination and collection of relevant information, do not impulsively and one-sidedly listen to some exaggerated advertising. Should be considered from the following aspects:
Franchise brand: choose a mature and famous franchise brand, can be greater to reduce the investment risk.
Operation with characteristics: a franchise with characteristics can reduce the risk of vicious competition and improve the chances of success.
System management training: mature franchise system has a good management system, can reduce operational errors. Mature franchise system system includes pre-training and ongoing training; business management system and the implementation of the process of strong supervision system; marketing and customer management continuity and effectiveness; manpower, material and financial resources, such as the daily operation of the system support and so on.
Franchise conditions required: usually the first to take into account the return on investment, not the lower the price of the franchise the better, the key is to invest in the franchise can bring long-term stable income.
Business location selection: there can not be too many competitors around, the same franchise system should be an appropriate distance between the area separated from the business.
Precise calculation of return on investment
Chance of success: to examine other franchises of the same system of business conditions, if a franchise system to close the store, must be cautious; if a franchise system to more than one store closure, whether it is an individual business mistakes, or for any other reason should be considered to give up.
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