Skip to main content

7 mistakes to avoid as a Franchisee



There are multiple franchisees who fail in the initial years of business. If you are planning to buy a franchise, or if you currently have a franchise, keep in mind these 7 mistakes that are commonly made, and avoid them to embark on a successful franchise journey.

No proper research — The first and the most important mistake committed is not researching about the brand or restaurant that you are buying franchise from. Remember that you brand should follow similar values that you follow and should provide a fair support. How to start and run a restaurant business should also be thoroughly understood to avoid pitfalls later.

Lacking experience — By experience, I mean two things — i. Hands-on restaurant handling experience. ii. Talking to the experienced. Either one of these is necessary to properly handle restaurant operations. If you don’t have prior food industry experience, do not hesitate to talk to the existing franchisees to learn more about coping up.

Bad customer service — A good customer service always stand out even if you lack other aspects of a good restaurant. Though your franchisor provides all the ingredients and things needed for the restaurant, putting a little extra effort to maintain a good customer service will take you that extra mile.

Finding a location — Not finding an appropriate and popular location for the franchise is a huge mistake committed by franchisees. The new franchise will flourish only at a suitable location because of the demographics in that area. It is also a good idea to keep in mind the parking requirement.

Employee dissatisfaction — Franchisees usually have an issue with hiring employees and holding them for long. Finding good employees and retaining them is not hard. Providing them with benefits and being friendly can work wonders.

Not devoting enough time — Franchises with regular absence of owners do not usually succeed. It is not a bad idea to hire mangers to handle restaurant operations, but it is always advisable not to leave the restaurant solely to the managers, and the owner should spend a considerable amount of time there.

Being too dependent — Franchisees usually expect their franchisors to provide everything that they need and handle any problems that arise. It is not wrong to expect a little support from franchisors, but depending a lot on them can slowly lead to failure. Try to take charge whenever needed and maintain a balance between everything to run a healthy and successful restaurant franchise.

Don’t forget to take a detour from these mistakes and you will surely be on your way to success. Also, you don’t have to worry thinking about what kind of franchise suits you or how to set up the franchise. SelectDine is always ready to help!

Comments

Popular posts from this blog

How to Safeguard Franchise Fraud

The case of buying, owning, and operating a franchise can seem quite compelling: You, at least in a sense, own your own business, but you are not alone during the operation. The product or service has already been fully developed; it's simply up to you to offer the product or service on your own terms.
There are people out there offering fraudulent opportunities; and while you may think that it could never happen to you, fraudsters are getting more sophisticated in their methods of deception. What is Franchise Fraud?Common forms of franchise fraud include misleading and fraudulent sales practices used to entice prospective franchisees to purchase and invest in a franchise. Misleading sales tactics can come in many forms. One of the more common forms of fraud in the franchise arena is the making of false or misleading statements about projected financial performance. It is, in fact, unlawful for a franchiser to provide any representations of potential or actual financial performance…

Own The Pulao Bowl in 10 Lakhs

The Pulao Bowl is a premium brand which is currently franchising in India. The Pulao Bowl headquartered in Hyderabad was established in 2017 and since then operates ten outlets across India. The Pulao Bowl has various types of outlets that you can open if you choose to invest, which includes both sit-down and quick service models.

The brand additionally offers operating manuals, expert guidance from head office, billing systems, and on-field assistance for the franchisee. Offering a high-profit margin at a low investment cost along with excellent support, you can own The Pulao Bowl in 10 lakhs, should you choose to invest.

To know more about this brand’s investment details, visit our website.

How to start a Restaurant?

At this point, I am guessing that you want to open a restaurant — and you have opened multiple tabs on Google that answer this question, asked questions on Reddit and Quora and are trying every bit to make sure you can gain as much information possible in a limited amount of time. I assure you, you can stop here. Here is everything you need to know about starting a restaurant/café in India. Without further ado, let’s dive right into what we will be looking over in this article. Step 1: Develop an IdeaYou need to have an idea of what you want to be doing. Are you going to start a sit-down restaurant? Are you going to start A café? Or, are you going to start a fast food joint? Alternatively, are you thinking about a specific type of cuisine? Maybe you like Italian cuisine but feel that the Mexican cuisine might run a better business. Perhaps, you just want to offer Indian cuisine — that is totally fine, but you need an idea. These are just some general ideas to get started with before pr…