What issues should we pay attention to when joining the board franchise?

1. Reasonable allocation of funds

Due to the eagerness to start a business and open a store, some franchisees resorted to various means to raise franchise fees, deposits, etc., even borrowing usury loans. Once the store was opened, although the business went smoothly, in order to raise money to pay off debts every day, I had no intention of investing in the business. Once the operator who is supposed to be the leader leaves the front line due to capital allocation, other employees in the store will be immediately affected, and the service quality will gradually decline. And customers are also sensitive and will gradually stay away from the store. Of course, the performance cannot be improved anymore. Stores that were originally doing well often collapse because of this.

Therefore, franchisees should act according to their ability and choose the franchise fee that suits their own threshold. Otherwise, they will be in debt and worry all day long, which will have a great impact on the operation of the store. At the same time, franchisees must determine a reasonable allocation ratio of the entire capital investment and make an overall plan. Don't wait until after the grand opening to find out that you have no funds for the later operations of the store. Wouldn't it be a huge joke? The solid and beautiful wood veneer is closer to nature and is produced using imported steel plates. The wood grain is fine and feels more real to the touch.

2. Control operating costs

Cost control in the operating process is very important. One less expenditure equals one more profit. Compressing costs within a lower range is the most important. Absolutely necessary. However, excessive savings are also incorrect. For example, lighting effects are an indispensable condition for attracting customers for the sale of certain goods. If the spotlights are turned off in order to save power, the gains will definitely outweigh the losses.

At the same time, planning the purchase strategy and adjusting the turnover speed are also effective ways to control costs. Stores should try their best to avoid stocking up on goods. Many new owners often have serious capital constraints, and their capital operations are stretched thin, and they quickly fall into trouble. Seasonal slow-moving goods should be cleared at a timely price reduction and new goods should be used to fill the original vacancies. After all, money only comes from selling goods.

3. Learn to manage employees

Although after joining, the headquarters will provide a series of training on employee management and provide corresponding support to franchisees, but Yuanshui cannot save it. Near fire, franchisees need to find the problem from the source, truly understand it, and learn how to manage employees. From the examples of many entrepreneurs, it is found that many new bosses do not correctly understand this problem. They start from their usual thinking and do things according to their own temperament. Therefore, it is not surprising that internal employees are causing trouble.