And isn’t it preferable that your to your criteria?
But now let’s get to the real errors :
Believing that franchising is an economic shortcut (this applies to both the franchisor and the franchisee).
As a franchisor you cannot think of doing business only on the money from affiliations: your initial investment is NECESSARY!
And the same goes for the franchisee
if it is the first time that a potential affiliate enters the entrepreneurial field, his inexperience can become economic weakness and, consequently, he will not know when his investment will become productive, thus putting himself at risk.
By combining these two weaknesses, the franchisor telegram data who wants to do business with other people’s money and the franchisee who enters your sector with little entrepreneurial skills and few resources, you risk creating a fragile franchise.
The mistake is to be or not to be an entrepreneur in one’s soul.
You need to understand that you are no longer selling a product or service but a contract: your core business will be different.
You will no longer be a very
good restaurateur but a restaurateur who sells a atb directory franchise contract.
A second mistake is not being clear that activities must become real procedures.
You need to step outside your personal realm and make the tasks you manage duplicable.
An excellent piece of advice for those who want to become a franchisor is to operate through multiple points of sale: there is a substantial difference between main features to look for in an email marketing tool managing a single point of sale in your country where you have been working for decades and are known, and one in a different neighborhood or city.