Low price franchises may be present in nearly any and all industries. Low price can imply many issues corresponding to, low price relative to that business and low price relative to an unbiased enterprise begin up. So, the query is are you able to earn a living with low price franchises? The reply is possibly 프랜차이즈 창업!
As with every franchise, it’s crucial that potential franchisees full an in depth investigation of the franchise firm. Primarily, you wish to discover out as a lot info as potential concerning the franchisor earlier than you make investments. You wish to ask them questions corresponding to;
– How lengthy have you ever been in enterprise?
– Do you have got any places/territories offered in my space?
– What precisely are the beginning up prices – even past the franchise charges?
– What number of franchisees do you have got in your system?
– Who’re your opponents?
– What units you aside out of your opponents?
– What number of franchise places have you ever shut down previously?
– Why had been they shut down?
– From the franchisees which might be profitable in your franchise system – what makes them profitable?
– What are the success elements for this franchise/business?
– What sources and helps do you present for the primary yr, after first yr?
– How a lot royalties am I anticipated to pay?
– Is there an promoting fund that I have to contribute to? If sure, what sort of promoting is the fund used for?
If a potential franchisee investigates the franchise and determines that they nonetheless wish to make investments on this franchise, the subsequent necessary query to ask is; Is the low franchise begin up prices sufficient to develop the enterprise. Do you know that among the many most typical causes for any enterprise – together with franchises – is under-capitalization or just put, not having sufficient cash to proceed working the enterprise. The very last thing you wish to do is use your self confronted with a state of affairs the place you need to put extra money into the enterprise that you simply didn’t finances for or must shut it down!
I assume the ultimate lesson right here is that this; do your homework, crunch the numbers (all of the numbers – do not miss any prices), and be sure to have sufficient money to develop the enterprise till it’s making sufficient cash to assist itself and also you! Keep in mind you must earn a living out of this deal as effectively.