Business franchise is currently one of the most sought after form of business in many countries. Business franchise or franchise, in the language of Indonesia, is the development of the business by selling rights to the management of the business using the name and the product or service, with the same management and ownership of the franchise rights of the buyer are governed by requirements or guidelines based on the outline of the owner or seller of the franchise.
Advantage Business FranchiseUsually the company that would sell the rights to franchise is a company that already has a name and is widely known in the community. The main advantage is you can minimize charging franchise fee promotion for your business is already known.Other advantages: for those of you who are beginners in running a business, you’ll get guidance from the owner of the franchise even training on how to manage the business and develop it to be great. Thus you can simply run it alone without the need to conduct business trial-error or collect various information.Even the owner of the franchise were sometimes can help employees to your business and provide training that is enough for them, when you trouble.
Weakness Of Business FranchiseThe weakness of the franchise business is You have to pay a fairly expensive just to use the name of the franchise. It is quite reasonable considering you never have to bother doing the promotion by having the name.Using someone else’s name also means you are promoting other people’s business, and not your own business. It can also make you become less independent businessperson because everything on to the owner of the franchise. If either the buyer the right franchise doing so to the detriment of the customer, then most likely your business will be affected.The other drawback is that You can’t do the innovation, development, or expansion of Your business product/service if it is not in accordance with the guidelines provided the owner of the franchise.
In Order To Secure Franchise BusinessFor business startups, purchased the franchise is indeed a simple step. All the guides there, just run it. The name was already well known. But you need to remember is you need starting capital.Not only for the purchase of assets, capital goods and raw materials, but also bought the rights to use the name of the franchise for so many years. In addition, in order to secure Your franchise business, you need to provide funds for the calculation of working capital for 1 year. Because you never know if your business will run smoothly surf the other branches. Then you should be prepared to pay the salaries of employees, the cost of electricity, telephone, and others from working capital, for at least 6 months to 1 year.
Franchise Business in IndonesiaToday so many easy-to-business only sold the rights to franchise to the public. It has 1-2 new branches, he immediately offered the franchise. So you also need to study carefully business plan franchise before deciding to buy the right.
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