Tips for Starting Business Franchise

Currently business franchise in Indonesia growing.  The name was already well known so it doesn’t need much doing business promotion, as well as the return of capital corresponding to the amount of invested capital, make business more easy and berprospek well. The complete guide to operating a business by franchisees is also able to interest novice businessman bought the rights to franchise.

Many foreign companies to open business franchise in Indonesia, including McDonald ‘s, Popeye, KFC, and Starbucks. But little did the domestic companies which enliven the market. The exhibition is held each year in franchise located in Indonesia, Senayan, Jakarta JCC.

According to organizers, 50% of a dozen of thousands of visitors the exhibition which took place at the end of the year 2009 have been declared to be invested in business there and 40% of the participants get a new contract to open a branch. Entry fee $ 50 thousand imposed per visitor for 3 days of the exhibition was shattered our intention enthusiasts venture franchise in Indonesia to come have a look at franchise business opportunity.

Tips On Starting A Franchise Business

Some beginners mistakes when buying a franchise business is less selective in choosing franchisees, underfunded operation, too relied on franchisees, and can’t determine the right business location and strategic as a place of business.

Please be aware that it is currently the franchise business was booming in Indonesia. But you don’t easily dazzled by promises of grandiose franchisees. If you are indeed properly lay within the business problem, invite your colleagues or your relatives who is more familiar to accompany You.

Currently the company’s new open and only have 1-2 branch alone is able to offer the right franchise. Choose the franchisees really experienced doing business in Indonesia. That’s been proven that their business products and services is indeed reliable and berprospek both on economic development in Indonesia.

Learn the correct projection and investment capital they show behind. Ask for a detailed business plan. See if they are realistic in estimating market and sales.

Lack of operational funds could also be one of the causes of the immediacy of the roll mat business franchise. It has a famous name, You do not need to mention the high cost of promotion. But don’t forget, the more famous and more a business name in Indonesia, his franchise fees were higher.

On the part of the franchise, You have to pay a royalty fee every month. Royalty fees are usually charged a percentage (between 5-10%) of total sales or your bottom line. So the greater your income the greater the royalties that you have to pay.

Do not let this mandatory fee that you paid at the beginning as well as routine, reducing your ability to pay the costs of business operations like to hire employees, the cost of electricity, and phone charges. Estimate true everything, provide cash hard at the beginning of the business to secure operations for 1 year.

If you are too rely on the guidelines of the franchisees, you could lose your customers. Remember, not only you have the same business, but also other terwaralaba. If you are less innovative in running a business, Your customers will not be impossible to run business belonging to other franchisees.

The other thing that is absolutely worth noting in running a business is its location. The difference in just a few feet can make your sales go up dramatically or plummeted. Ask franchisees to help guide the survey locations. However, some franchisees have put the cost of the survey location in the package of your initial investment.

Business Opportunities Franchise Has Always Captivated

Low levels of absorption of job postings in Indonesia against the works which are not comparable, and varying saturation people work in a company triggers a desire to open up his own business. For some people who already have a business background in the family may not be a problem. But for those who haven’t experienced, try business franchise can be a viable option.

Today so many business opportunities franchise available in Indonesia. You just choose to suit yourself, whether you like it moves in the field of culinary, educational, or other services such as printing and delivery. The following are some examples:

Foods & Beverages

This is the kind of franchise business the most. Choose a franchise that fits Your budget. Some franchise provides a variety of foods You Kiwi forms of cooperation.

Starting form the stall only requires the x 3 meter, roving trade using a bicycle or motorcycle, mini cafes which need area 4×5 meters, up to a restaurant that requires a minimum area more broadly.

The area is needed, the greater the cost of the franchise, and the more are the employees you need. It all depends on You. In order to run a business with more fun, select also a menu suited to your tastes.

Menu foods & beverages currently offers many opportunities for franchise burgers, meatballs, kebabs, bubble tea, coffee, and crepes. With a capital of 3-5 million dollars you can already have a franchise foods & beverages.

Business Education

Currently in the field of education also open business opportunities franchise. That much is education for early childhood, musical courses, courses in mathematics, and language courses United Kingdom. Because it is the kind of education is currently a lot of interest. Its Target audience is middle to the top because the cost of his education are quite expensive and the type of secondary education was included.

In addition you should also purchase the curriculum, have permanent buildings with all amenities, and a faculty as well as a certified professional. Hence fees you need to open a franchise business education is very high, ranging in number hundreds of million to 1 billion rupiah.

Service Delivery

Online business in Indonesia is now more minority following. An easy way of living, the buyer paid for accessing the internet and find an item that is needed. After looking at the photo and its specifications, then perhaps ask a little to the seller, the transaction can occur immediately.

The buyer transfers the amount to be paid including shipping, then the seller will ship the items ordered via courier service deliveries. So sort of shipping business franchise business opportunity is promising and berprospek good.

A Glance At The Business Franchise

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.