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Milan Rabari

Way for the future • 5m

hello there,I am a tea shop owner and our tea shop is since 1982 now I want to go for my tea shop as franchise model, can anyone guide me??

Shaikh Maaz

#business • 5m

1. Standardize Your Operations 2. Develop a Franchise Model: a. Franchise Fee b. Royalty Structure c. Supply Chain 3. Legal Framework 4. Training and Support 5. Branding and Marketing 6. Franchise Recruitment 7. Launch a Pilot Franchise If you need

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Anshu Z

Hey I am on Medial • 5m

what about sop bro? it's also help to scale global

Shaikh Maaz

#business • 5m

You're absolutely right! Standard Operating Procedures (SOPs) are crucial for scaling a franchise globally. SOPs ensure consistency, quality control, and efficiency, allowing your tea shop to maintain the same high standards regardless of location.

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Anshu Z

Hey I am on Medial • 5m

important is implementing

Shaikh Maaz

#business • 5m

yeah you are right

Anshu Z

Hey I am on Medial • 5m

well it's very competitive market so I believe thay Should Figure out there Entry Barrier & Exit Barrier among with Some Advantages.

Shaikh Maaz

#business • 5m

You're absolutely right! In a highly competitive market like the tea industry, it’s essential to understand both the entry barriers and exit barriers to create a sustainable and scalable franchise model. These barriers, along with certain advantages, can help you protect your market share and ensure that your franchisees succeed. 1. Entry Barriers: a. Strong Brand Reputation: Your shop's legacy since 1982 gives you a head start. Focus on building brand loyalty and recognition, which can be a significant entry barrier for new competitors. b. Standardization of Products: By offering a unique tea blend or recipe that is hard to replicate, you create a barrier for others to copy your quality and taste. Patenting a secret recipe or sourcing unique ingredients can add to this. c. Initial Capital Investment: Franchises often require substantial upfront investment, including franchise fees, setting up the shop, and sourcing materials.

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Shaikh Maaz

#business • 5m

d. Economies of Scale: As you grow, you'll have stronger purchasing power for raw materials (tea leaves, sugar, packaging), which will lower your costs per unit and give you a price advantage over smaller competitors. e. Supply Chain Control: Establishing a reliable supply chain and centralized sourcing will ensure consistent quality and pricing. Competitors may struggle to match this without similar supply chains. f. Franchise Support Systems: Offering ongoing support in training, marketing, and operations will make your franchise more attractive to potential franchisees compared to a business that lacks this infrastructure. g.Location Exclusivity: By offering exclusive territories to your franchisees, you protect your market and limit competition within certain areas. This can act as a barrier for new entrants trying to establish themselves in those markets.

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