It often happens that very approximate calculations are made, where it is hoped that in the future with the growth of the network, the sale of products and the income from fees and royalties one will certainly earn money.
This is the right path to failure!
In fact, many important aspects are left out, such as the costs involved in managing the network. It could therefore happen that, having not calculated the costs correctly at the beginning, you end up with a network that expands quickly but, without sufficient staff and resources ready, implodes on itself .
The second element to study is the Operations Manual, the tool business owner data designed specifically to prevent the network from imploding. Many manuals, however, focus on the technical aspects of the work, but do you think that is enough?
For example, if one day you find yourself in front of a franchisee who has always worked as an employee, do you think.
In most cases, no, because he has not developed certain entrepreneurial skills.
This is why a good Operations Manual includes not only the technical explanation of the work inside the point of sale, but also all the managerial and economic aspects.
capable of managing one of your stores on his own?
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