🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

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

See More

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.

See More

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.

1 replies1 like
Replies (1)
Image Description

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.

1 replies1 like

More like this

Recommendations from Medial

Image Description
Image Description

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??

21 replies38 likes
5
Image Description
Image Description

Keruthikaa S

Be independent • 8m

[This post has been deleted by the creator]

9 replies4 likes
Image Description

Nikunj Patel

Hey I am on Medial • 28d

I make very good tea. The tea in my city is very famous. Every day we make 300 to 400 litres of milk tea. We add water separately. My next idea is to start a franchise.

1 replies4 likes
1
Image Description
Image Description

Shashank

Be a Unicorn • 4m

I have some doubts on franchise business. How it works. how it make profit . single time profit or multiple times pays. take exmaple of a small Tea Franchise cost 1 lackh how much he can earn through one franchise.

5 replies2 likes
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITE INDU... • 10m

Idea for you implement now So guy's we all know that ,we Indian's love tea so much but currently we don't have much options for tea and tea is getting old and people shifting towards coffee and other beverages because tea is not looking so good in

See More
7 replies10 likes
2
Image Description
Image Description

Dhanush

Just wanted to do so... • 7m

What's your thoughts on franchise business? Is it worth to start a franchise business?

3 replies3 likes
Image Description

CV RAMAN

Hey I am on Medial • 7m

I want to build a startup regarding natural herbal tea could anyone help me about this idea.... How to start... Budget issues... Normal startup or franchise...

2 replies4 likes

Vishal

Hey I am on Medial • 2m

Hello, my name is Vishal. I have developed a unique and special recipe for vada pav that stands out in terms of both taste and quality. My dream is to start a food café where people can enjoy this recipe and create memorable dining experiences. To tu

See More
0 replies3 likes
Image Description
Image Description

Arkit Karmokar

Optimistic, Futurist • 11m

What's your thoughts on starting a gym franchise share your thoughts

10 replies5 likes
Image Description
Image Description

Shrinivas Bhalerao

Founder @KraftBags.s... • 10m

Do you know about this place?? The Tea Factory and Tea Museum in Ooty, is one of the best place I visited in South where the museum showcases the evolution of tea processing and the cultural significance of tea and visitors can witness the tea-makin

See More
4 replies12 likes
1

Download the medial app to read full posts, comements and news.