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Showing posts from October, 2020

The Main Secret of Success and the Reason for Franchise Failure

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It doesn't matter who you are: a potential franchisor just about to start his franchise, a businessman already selling it, or a potential buyer. In any case, it will be useful for you to know the answer to the most important question: "How to choose the right franchise or what should be a successful franchise?" The Right Franchise must meet the following Simple Requirements: ü The buyer's investment and potential profitability must meet the expectations of its buyers. This means that the franchise offer must meet the needs of the person who can buy the franchise. ü Territorial restrictions should allow obtaining the expected sales volumes, taking into account the parameters of this territory (population size, the presence of a sufficient number of target buyers, the location of competitors, etc.). ü Legitimacy and veracity of the franchisor's promises, that is, the reality of the cash flows declared in the franchise offer, calculated, for example, by th

Is it possible to count on a high income with minimal investment with a franchise?

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The basic concepts of such a commercial concession as franchising are a lump-sum fee or one-time price and royalties. In essence, this is the amount of the contribution that a novice businessman usually pays to a partner, and is several orders of magnitude higher for help in the initial stages of starting his own business. In most cases, these contributions are large sums. Of course, a novice investor is always looking for an opportunity to invest as little initial funds as possible. Based on this, free franchises that do not require an initial investment are what you need. In the field of education services, you can also sometimes find great school franchise opportunities where you should not need to worry about having huge capital. Great proposals are offered by the Satluj Franchise to its clients who want to start their career in the education sector. There is no big payment required for people looking to open their schools under the Satluj Brand. Of course, you can't