by sadafestate 
If you have you ever considered investing your savings into a money-making venture, then congrats. You are a business-minded individual and have unknowingly or knowingly taken the first step towards putting your money to good use. While investing in shares, foreign exchange and other markets is a possibility, if you want to start a business and devote time and attention to the project to make it bloom, consider investing in a franchise in Pakistan.
PROS AND CONS OF INVESTING IN A FRANCHISE IN PAKISTAN
Wondering if franchising is the right model for you? Here are a few advantages and disadvantages of franchising for you to consider.
PROS
1. Tried and Tested Systems
Investing in a franchise essentially means investing in a preexisting system that is already bringing in revenues. This means that the biggest advantage of being a franchise owner is not having to spend long and tedious hours in developing your own business model. A ready-to-use system is generally handed down to investors for use in their particular franchise once formalities related to the investment have been taken care of.
2. Provision of Equipment and Technology
Since the brand is already earning a return from its current methodology, you will simply be required to replicate it to earn big. For this, you will be provided all the hardware and software technology and equipment that you need. It will be consistent across the board in all the franchises of the same brand.
3. Training of Staff
As a franchise owner in Pakistan, you will be provided with the required equipment as well as the business processes you’ll need to cater to your customers’ demands. However, consistent quality cannot be maintained unless your staff is trained to handle the equipment in the right manner. As such, most franchising opportunities also include a training session for new employees to make sure that the business processes and product quality remains the same in all branches (franchises) of the enterprise.
4. Established Goodwill and Customer Loyalty
Consumers are generally brand conscious, and many will show loyalty to specific brands by visiting them frequently. As such, when you open up a franchise of a well-known brand, half of your work is already done for you by the goodwill and existing customer base that the brand has built over time.
