China’s "public entrepreneurship" has become a new trend, the new trend. Most of the early entrepreneurs are willing to choose to join in the form of their own entrepreneurial path. Investment can allow you to enjoy the high quality of treatment, for those who have no entrepreneurial experience this is undoubtedly the best way. But investment is really so simple? If you think so, that’s wrong. As a franchisee, the following essential knowledge you know?
careful selection of industry and brand
choose a right to join the project, is undoubtedly a good start to join the cause. The first thing you need to do is ask yourself what your strengths are and what your weaknesses are. In terms of industry and brand choice, the following methods can be used:
one is to focus on market research, market analysis and forecast. To examine the status of local shops with business, in a good market background will flow easily entrepreneurial wealth more than contrarian.
two is to choose their own familiar with the industry and knowledge of the industry, as the investment objectives, should give full play to their knowledge and skills, regard it as a favorable condition for the choice of investment projects.
three is if you can not choose a familiar industry to start a business, then choose a good fit for their own, can give yourself a shop and can continue to support the headquarters of the chain has become very important. Good brands and poor brands tend to have a big gap.
when you initially selected to join the project, and then to solve the problem is to raise funds. Because raising money is bad, there are a lot of people will be the idea of a shop. So, how to raise funds? First of all, personal deposits are the main source of funds. Therefore, if there is ready to shop, usually pay attention to save, as much as possible to store some start-up funds.
followed by relatives and friends. If you have friends or relatives who get rich first, they are the best people to borrow money. However, when borrowing with them, they should be introduced in detail to your shop plan, so that they will have confidence in your future repayment ability. Clear the best agreed repayment term and interest, write IOU, otherwise it will damage the feelings of contradictions.
if you need more money to shop, you can also consider bank loans. However, in general, it is not easy to apply for bank loans, you need to have real estate, real estate, as collateral.
in addition, the choice of some of the early investment is less, the industry outlook is more prosperous, after the shop can quickly get the money back