Business Information  >  Bidding knowledge >High threshold for joining time-honored brands deters investors

High threshold for joining time-honored brands deters investors

Source: International Business Daily Release date: 2011-05-19 17:21:00 Reading volume:

WeChat sharing

Scan WeChat

If the franchise chain stores have the highest brand reputation, "time-honored brands" can definitely be one of them. Many investors focus on "time-honored" enterprises, but it is not easy to join "time-honored" enterprises. The reporter learned that&ldq

    【 Building materials network 】If the brand reputation of franchise stores is high, "time-honored brand" can be one of them. Many investors focus on "time-honored" enterprises, but it is not easy to join "time-honored" enterprises. The reporter learned that "time-honored" enterprises have relatively high requirements for franchisees. If you have no business experience and you have just started business, you will be difficult to become a franchisee of "time-honored" enterprises. It is the high requirements of "time-honored" enterprises for franchisees that make some investors flinch.
  
Chinese time-honored brands have a long history, have products, skills or services passed down from generation to generation, have a distinctive traditional Chinese cultural background and profound cultural heritage, have won widespread social recognition, and form a brand with good reputation.
  
At the 13th China Franchise Exhibition, Quanjude, Donglaishun and other "time-honored" enterprises set up their own booths. The reporter found that few investors came to inquire about these "time-honored" enterprises, and the booths of these "time-honored" enterprises seemed relatively deserted.
  
The reporter noticed that, other In the exhibition hall of small brand catering enterprises, there are more investors asking about joining, which is more popular than "time-honored" enterprises. "Time honored enterprises have relatively high requirements for franchisees, and the franchise capital is relatively high, which is not as low as the investment cost of new brands, which may be one of the reasons that restrict the number of franchisees of time-honored enterprises." A catering industry exhibitor told reporters.
  
Then the reporter interviewed several investors to further understand their "time-honored" enterprises. "Brand reputation is more reassuring to join time-honored enterprises, and time-honored enterprises are living signboards with broad profit prospects. However, these time-honored enterprises have relatively high requirements for franchisees, which is also the reason why there are relatively few investors." Mr. Fang said that he would not consider joining time-honored enterprises in this exhibition. "There is still great pressure to invest in time-honored brands." Ms. Wu said that some time-honored enterprises will restrict door The number of stores, so the pressure will be greater when operating time-honored enterprises. Wei Ning, the sixth generation successor of Wei, a century old "time-honored brand" cheese in Beijing, said, "We do not open more branches but better. We would rather open fewer, and we must succeed in opening them. We must ensure that no matter where we are, no matter when we arrive, the taste of our products is the same. This is a commitment to customers."
  
In order to deeply understand the necessary requirements for joining "time-honored brand" enterprises and their future profitability, the reporter contacted Ms. Wang, a franchisee in Donglaishun, Changchun. Ms. Wang said that seven years ago, Ms. Wang began to join Donglaishun. After a month and a half of preparation and six months of cost recovery, she believed that joining time-honored enterprises was the right choice. "The common practice for many foreign brands to develop and join is that they generally do not require franchisees to have experience in catering industry, but they will provide franchisees with a mature store after in-depth training for franchisees. Dong Laishun's approach is just the opposite. The franchisee's store can start from scratch, but the franchisee itself cannot be zero. The franchisee needs to have some experience in catering management." Ms. Wang introduced that it is not easy to enter the threshold of joining time-honored enterprises, but once you become a franchisee of time-honored enterprises, you will get much more substantial benefits than other enterprises.
  
According to Ms. Wang, after the store is put into operation, Donglaishun will provide daily distribution services, including equipment, mutton, beef, drinks, spices tableware There are more than 200 kinds of meat, and the meat delivery price will remain at the same price level in both off season and peak season, which ensures that the franchisee can steadily earn the price difference profit; For vegetables and drinks, franchisees can purchase nearby. This management mode allows franchisees to play a large role freely.
  
  

  • Hot search:
Disclaimer: Hangzhou Shangyi Information Technology Co., Ltd. does not declare or guarantee the correctness or reliability of all information published on the building materials website; You hereby accept and acknowledge that you should bear the risks arising from reliance on any information. You should measure the authenticity and security of relevant information according to your risk tolerance. If you release wrong information through the platform, the platform has the right to delete it.
Extended Reading tabloid

Submitted successfully

We will 10 minutes I'll call you within, please keep the call unblocked

got it

Building materials website provides you with free recommendation guidance

Already today 12 people Get in touch with interested brands through Building Materials Network

Get joining guidance
  • 1 minute ago Mr. Lang from Hangzhou, Zhejiang wants to obtain the joining materials of Meitu Paint
  • 2 minutes ago Mr. Li from Qingdao, Shandong wants to get guidance on joining the waterproof material industry
  • 4 minutes ago Mr. Jiang from Xinyang, Henan wants to evaluate the joining budget of waterproof materials
  • 7 minutes ago Ms. Hezezhuang, Shandong Province, wants to obtain information about joining the door and window industry
  • 10 minutes ago Ms. Cai from Handan, Hebei wants to obtain the joining information of Deji premium products
  • 18 minutes ago Mr. Ge from Yancheng, Jiangsu wants to know about the joining budget of the smart lock industry
  • 20 minutes ago Mr. Xu from Shenzhen, Guangdong wants to get guidance on joining flooring brands
  • 22 minutes ago Mr. Zhang from Xigaze, Tibet wants to get guidance on joining the door and window industry
  • 31 minutes ago Mr. Wei from Xi'an, Shaanxi wants to obtain the joining information of Dawang Coconut Plate
  • 33 minutes ago Zhejiang Shaoxing Hua wants to obtain the joining information of lightweight bricks
  • 38 minutes ago Mr. Wen from Xuzhou, Jiangsu wants to know about the joining budget of smart home
  • 42 minutes ago Mr. Lei from Hefei, Anhui wants to get guidance on joining the building materials industry
  • 46 minutes ago Ms. Wang from Ningbo, Zhejiang wants to obtain the joining information of Millennium Boat
  • 52 minutes ago Mr. Xing Zhuowen from Zhejiang wants to know about the joining budget of floor panels
  • 59 minutes ago Mr. Ni from Zhengzhou, Henan wants to obtain the joining guidance of pipes
Top ten brands
Building materials index: Building materials map Collection of Building Materials Archiving of building materials products List of building materials Building materials enterprises Building materials news Hotspot search Building materials entry Popular category Classification of building materials

Submitted successfully

We will 10 minutes I'll call you within, please keep the call unblocked

got it

Building materials network has accumulated to 10000+ Agents found satisfactory building materials brands

  • 1 minute ago Mr. Lang from Hangzhou, Zhejiang wants to obtain the joining materials of Meitu Paint
  • 2 minutes ago Mr. Li from Qingdao, Shandong wants to get guidance on joining the waterproof material industry
  • 4 minutes ago Mr. Jiang from Xinyang, Henan wants to evaluate the joining budget of waterproof materials
  • 7 minutes ago Ms. Hezezhuang, Shandong Province, wants to obtain information about joining the door and window industry
  • 10 minutes ago Ms. Cai from Handan, Hebei wants to obtain the joining information of Deji premium products
  • 18 minutes ago Mr. Ge from Yancheng, Jiangsu wants to know about the joining budget of the smart lock industry
  • 20 minutes ago Mr. Xu from Shenzhen, Guangdong wants to get guidance on joining flooring brands
  • 22 minutes ago Mr. Zhang from Xigaze, Tibet wants to get guidance on joining the door and window industry
  • 31 minutes ago Mr. Wei from Xi'an, Shaanxi wants to obtain the joining information of Dawang Coconut Plate
  • 33 minutes ago Zhejiang Shaoxing Hua wants to obtain the joining information of lightweight bricks
  • 38 minutes ago Mr. Wen from Xuzhou, Jiangsu wants to know about the joining budget of smart home
  • 42 minutes ago Mr. Lei from Hefei, Anhui wants to get guidance on joining the building materials industry
  • 46 minutes ago Ms. Wang from Ningbo, Zhejiang wants to obtain the joining information of Millennium Boat
  • 52 minutes ago Mr. Xing Zhuowen from Zhejiang wants to know about the joining budget of floor panels
  • 59 minutes ago Mr. Ni from Zhengzhou, Henan wants to obtain the joining guidance of pipes