Choose Ge Man Ting Women to join you to help you successfully choose a location and open a store!

Not all locations are suitable for opening branded women's franchise stores, especially for various types of women's franchise stores. Whether the various practical factors that need to be considered can meet the requirements. It fits your position well.

Based on location assessment registration, area size, time factor, building structure and appearance, rental price of similar properties in the business district, etc., determine whether the asking price of the owner or economic person is reasonable. The rent or selling price of the location has a greater impact on the new store’s future revenue generation capacity.

After conducting business district survey and location analysis, select similar specialty stores for comparison, estimate the hourly, daily, and weekly turnover of the new store, and then consider the seasonal and holiday operating income differences to estimate the new store monthly Turnover. If opening a new store may affect the turnover of the company's other specialty stores, we must also consider the impact of the new store on the old store's specialty stores.

Financial status prediction and analysis is a very important part of the new store location. In this step, we must focus on evaluating the new store’s financial indicators, including profitability, total development cost, return on investment, investment recovery period, turnover , Contributing profits, cash flow, etc. After the new store is opened, compare the estimated turnover and various financial indicators with the actual situation to check whether the various steps in the location of the new store are correct, if there is any correction, and accumulate experience for the opening of the new store in the future.

To open a shop and do business, only the choice of the store location is expected to be successful, so for the operator of the women's clothing store, you must do everything before opening the store, so that you can better manage your business. Women's clothing franchisees do not have to worry about site selection.