As the old saying goes, there is no shortcut to success. We all know that hard work and talent are the two most important things for success. But we have to admit, fortune and opportunities are essential as well. Why can Bill Gates be the wealthiest person in the world? Not only is he talented and hard-working, but he also knows when is the right time to seize opportunities. That is how he created things most needed by everyone. Additionally, he got support from his father, which was also a vital source of motivation for him.
The same principle applies to the business world. With the rapid development of economic globalization, it is not as easy as before to found a company. Though there are more opportunities than in the past, there are also more risks than you can imagine. So is there an opportunity with low risks? The answer is yes. You can buy a franchise, which is a more effective and safer way to start your business.
The franchise business is a business model in which the original business owner (franchisor) signs an agreement with the third party(franchisee), and provides he or she with monopoly rights and management technology (trademarks, names, patents, intellectual property rights, etc.). While enjoying the above rights, the franchisee pays some fees for using business rights and fulfills other duties.
There are many franchise brands in our daily lives, such as KFC, McDonald’s, HEYTEA, and NAYUKI. Based on this, franchising is not made of a single example but is extremely popular worldwide. Most franchise brands become a huge success since they have earned a high reputation among people from their global stores.
Not only food or tea shops can be bought as franchising, but some consumer goods chain can become franchise stores as well. XIMIVOGUE is a great example. It is a store selling more than 7000 high-quality products, including health and beauty products, household items, office series, and more. Over 800 products are updated monthly. It pays great attention to the consumers’ shopping experience and devotes itself to creating a culture of high-quality service.
Its mission is to work hard for providing comfortableness, health, leisure, quality, and happiness through its shopping experience. So if you buy a XIMIVOGUE franchise store, the quality of its products is the last thing you need to worry about. Apart from its excellent products, its pricing is friendly as well, so you don’t need to worry about the revenues.
Buying a franchise store has another advantage, which is that you can enjoy the reputation of a well-known brand. You don’t need to spend most of your budget on advertising since a famous brand is a stronger form of advertisement that can attract many customers to your store. Taking XIMIVOGUE as an example, it has reached strategic cooperation agreements in more than 77 countries and regions, including the United States of America, Canada, Mexico, Australia, and others.
The average monthly growth rate varies from 80 to 100 new stores. Through its franchisees, XIMIVOGUE has more than 1,500 stores around the world. Since there are many stores, people are familiar with this brand and are more likely to buy its products. So, you don’t need to worry about the sales volume if you buy a XIMIVOGUE franchise store.
All in all, start a business is not that easy. You have to consider the location of the shop, how to run it well, how to increase the passenger flow, how to ensure the quality of products, and more. There’s a high risk of failing if you don’t consider everything thoroughly. But if you find a professional franchise brand and buy it, the issues mentioned above won’t bother you anymore.
Nicola Holder 