Franchising

[BossHK.com 商匯網]

Almost businessmen think they are the champion and believe on their
way of success. However in long term bias, 30% annual grow is the
maximum track record in SME.

By sharing your know-how with other investors, your business model
might get double within a year and triple by only two years in term of
scale. You may get higher profit margin with bigger scale of business
model. It is miracle and it is real.

There exist franchising business since nineteen century in American.
One out of twelve businesses in American is franchised nowaday. Such
as the well-known brand, McDonald, Starbucks, KFC, etc.
Reported that over 1,000 franchise enquiries per day was received by
McDonald for only 680 franchisee offer in China by last year.

Over 60% of business categories could be franchised. Different kind of
franchise could be work out. Like business franchise, product
franchise, dealing franchise. Also duel concept franchising, master
franchising, conversion franchising could be work out too.

Why unsuccessful ?
Quite often it is come from a non-matured management. It is easy to
identify by understanding the history of the experience of the
corporate. Most likely they will show you their success by having more
than two different shops location with years of history.

How to be a franchisor ?
Everybody want to get loyalty fee from the franchisee by doing
nothing, or simply just sound as a franchisor. Once they will found it
failed at last, or even they will be suffered by a bad image in the
market sooner or later. It is quite obvious that all potential
franchisee is looking for low risk business. They will talk about
their unhappy experience in joining a non-prepared franchise business.
Such as too much charges or constrain, learn nothing, no support, etc.
It is hard to get back when things get worse.

Business Cosultant of Busitrade Ltd
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will never get lost with our professional advisory.
Service scopes included legal advice, auditing, taxation, merger,
acquisition, re-structuring, IPO, financing, share transfer,
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