Challenges of a Supermarket Franchise
One of the primary challenges with the supermarket franchise is the high initial investment, which includes the franchise fees, store build costs, inventory and stocks, and other expenses, which can initially be a financial burden for new franchisees to set-up. Franchisees are heavily based on the decisions and policies of the owner wherein they have limited control over the business. Being aware about the competitors in the nearby locations and market is also needed for the business. Economic factors, such as recessions or supply chain changes, can lay its impact on sales and profitability.
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