RISK OPTIMIZATION

Your Retail Coach

7. RISK OPTIMIZATION

 With reduced demand for consumption, the risks of running an existing business or expanding during or after the COVID crisis has increased drastically  When existing businesses are fighting to survive, franchising models can give them a helping hand in recovering and getting back on their feet

 A well-defined retail franchise business plan will help ensure that the existing supply chain network of the franchisor is accessible to the franchisee businesses

 The risk of losing out on sales and market share reduces with a franchise model business plan