The covid19 has brought many entrepreneurs to their knees in Italy and abroad. Among the many sectors affected by the health emergency, franchising has also suffered from a crisis in terms of falling turnover.
All this weakening of the company cash registers is due to the fact that most of the businesses have had to close and since they were unable to sell their products or services to customers, the sale was canceled.
This crisis was dramatic for many entrepreneurs who had recently opened their shop and who hoped to start cashing in to recover the investment.
In addition to being a real economic crisis, Covid19 has greatly influenced the psychological aspect of people. Many entrepreneurs have lost their motivation and desire to do business. Even some have definitively closed their businesses.
The goal of this post is to give some tips to help franchise entrepreneurs get off to a good start after the Lockdown
The first rule is: to set achievable goals
If you are the head of a network of franchise stores and want to develop your business in other countries, or you are a franchisee who would like to bill more, the first thing to do is to set achievable goals.
Think about how to prepare your business in case of any future blockages
It is true at this time in Italy all commercial activities can work regularly. But what will your company do if the emergency returns and you will be forced to close? Analyze all possible solutions well in order not to block the sale of your products or services, for example an idea could be to develop an online e-commerce area to increase sales and obtain partnerships with logistics agencies for shipping of the products.
Spend your time well, for example take training courses
Training is an indispensable element for an entrepreneur who needs to grow his business, especially franchising.
Entrust your projects to an experienced franchise manager
Do you want to expand your franchise project in other countries, for example Italy? The first thing to do is to rely on those who are competent in this sector. You can’t improvise, developing a franchise network requires a lot of skills and experience in the field.
Entrust your franchise to me, I am an expert as well as a franchisor
My name is Gerardo Taglianetti and I am a franchisor of two franchise brands. I have a lot of experience in the field and for this reason I deal with developing franchise brands in Italy and abroad.
My job is highly specialized and I move a lot on the field. I don’t like to sink my professional method on theory but I love pragmatism to quickly achieve results.
Contact me now and I will tell you how I can help you grow your franchise in Italy and abroad.