There are also examples of failure in the door and

2022-07-22
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Franchising is popular all over the world, and the concept of "chain operation" goes deep into Chinese business circles. Door and window franchising is also an important industry. However, no matter how excellent the chain model is, it also fails, which should attract the attention of every investor

there are also examples of failure in the franchise of doors and windows

as early as the 1980s, franchising was popular all over the world, and the concept of "chain operation" went deep into the Chinese business community. Door and window Alliance http://www.yidunmc.com/agent/Chain operation is also an important industry. However, no matter how excellent the chain model is, it also fails, which should attract the attention of every investor

1. Joining doesn't mean letting go.

many examples of failure are like this, thinking that once you join the door and window, you can lie down and do nothing, and everything is managed by the headquarters. Chain headquarters have some successful achievements in other places, but the successful examples of others (Headquarters plus franchisees) in other places do not mean that you and the headquarters will succeed in local operations. It must be borne in mind that the headquarters and the franchise store are two completely different business entities. What the headquarters provides (sells) to you is only a set of franchise operation portfolio. You must follow its experience and guidance and implement it step by step and practically in order to be successful

2. There are many examples of failure without detailed investigation before joining. Some franchisees don't know the chain headquarters they will join clearly, and they always think that they will join in first. If there is a problem in the future, the headquarters will naturally come forward to help solve it. As a result, after opening the store, the headquarters did not have any business guidance, and there was no reply to contact the headquarters if there was any difficulty, so we found that we were deceived

3. Success in the early stage of franchise and failure after success

at the beginning of opening the store, the franchisee worked hard according to the guidance of the headquarters, and his career was booming. The initial investment was recovered, so he was satisfied and began to look for other opportunities to make money. Unfortunately, the new business didn't know the tricks, so that all the money it suspected was lost. The original store also failed because it couldn't take both sides into account, resulting in a decline in performance, and finally failed because of the lack of capital turnover

joining a chain business must first get the consent and support of the other half. If you can get the consent of the whole family, including parents, wives and children, it will be better, because once something happens, these people are your backup forces, and will play the role of "internal help"

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