Russia / Franchise / Company suggests new conditions of the franchise program
Retailer Retail idea reduces the magnitude of investments needed to open the gift shops Gift Idea. Similar conditions were made possible by reducing the size minimum initial purchase of goods - from 500,000 to 300,000 rubles (for store), from 400 000 to 250 000 rubles (for the island pavilion).
Advanced Retail idea increases the size of possible retail margins for potential partners to 250.
Today franchised network of Retail idea consists of 22 existing stores and 4 stores that are in the discovery phase. Due to new conditions and improve the service company Retail idea is going to increase the size of the retail network from 25 to 50 franchised stores by the end of 2010.
New conditions have a positive effect on return business. Estimated payback Retail idea of business should be reduced from 6-8 months to 4-6 months.
Source: http://www.liveretail.ru/
More news on franchising is available here:
http://www.franchising.org.ua/chtivo/novosti-franchajzinga.html
0 comments:
Post a Comment