Are you wondering why most franchise business today are successful? Of course maybe the manager is good and the service is great. But other than that, there is one secret thing why those franchise business in the Philippines are becoming more successful.
I read one story in the book of "Rich Dad, Poor Dad." And the author, Robert, told the story of the McDonald restaurant. Yes! One of the top best franchise business in the world. The secret of McDonald's is not in the its food nor the service, but perfect location of every McDonald branch. Yes! You got it. I admit that there are some burgers better than McDonald's, but the perfect location attracts more customers because its convenient to people.
If you will notice, every school, churches, park, mall or bus stations, there is always one McDonald branch near it. Whenever I want to eat, even though I used to save my money during my school days, I always end up eating at McDonald's. I don't know why, but I think that is one top secret of every franchise business.
Same with the food carts. It is very convenient to eat in a food cart. That's why the owner place their food cart franchise business to a place where most people are.
So, if you are planning to fracnhise business, you must know where the perfect locations are. be sure to place your franchise business where most people are, like schools, mall, or park. I hope it helps youa nd good luck to your business.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment