Maybe you’ve seen a franchise that is quite famous in a quiet location visited by the buyer. Though in some places with similar brands, the effort is decorated passing shoppers. Who thought then of course, where the drawbacks? Could be it was because the location of the business that is not appropriate.
Despite plans to buy a franchise license has been famous, do not forget that you still have to think about the business location that will be taken. Do not be taken lightly, a mistake in choosing a business location will be fatal to your efforts later.
There are several ways that undertaken by the prospective franchisee in determining the location of the business. Usually the prospective franchisee will be given the opportunity to determine the choice of location to be selected.
Furthermore, the franchisor who sends his staff as an envoy to conduct feasibility survey locations.
But in some cases there was indeed a franchisor who removed a hand in determining the location of the business. Instead maybe you should be more careful for this.
To be sure you should choose a location jelly of course adapted to the target market. The market in this case is who the prospective buyers who will be offered a product or service. For that concept clear about whom the market has had to clear first.
For example, if you want to sell food for school children, then you should choose a place selling food near schools. Similarly, if you want to sell food to office workers, then you should just take place in the office.
And so on. Site selection is not tailored to the target market will usually make the food business to be faster to close.
Especially for such a retail franchise, is a good business location that provides access to a large target market group. Good facilities, adequate customer traffic, dense population demographics need to be assessed.
There are several things to consider in determining the location, among others: safety, infrastructure, local government regulations, availability of human resources etc..