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從連鎖化模式來設計單店股權結構
發布時間:2024-09-05 來源:http://m.lfttpm.com/
很多連鎖品牌的套路都是先做一兩家旗艦店,然后就開始大力推廣自己的品牌加盟服務。這類商業模式在餐飲行業最為常見,本質還是整個餐飲市場的容量足夠大,受眾廣,而且可選擇的細分品類也很多,對于小白創業者來說,算是門檻較低,容易入行的。因此,對于一家餐飲企業,“加盟”可以說是最快擴張與實現盈利的連鎖經營模式。
The routine of many chain brands is to first establish one or two flagship stores and then vigorously promote their brand franchise services. This type of business model is most common in the catering industry, essentially because the capacity of the entire catering market is large enough, the audience is broad, and there are also many segmented categories to choose from. For novice entrepreneurs, it is considered to have a low threshold and easy entry into the industry. Therefore, for a catering enterprise, "franchise" can be said to be the fastest expanding and profitable chain operation model.
由于這類加盟普遍是先收取一筆每年固定金額的品牌授權費,然后還有設備、原材料、技術指導等費用,因此,對于企業品牌方來說,這種加盟更像是提供一種服務,本質是交易的邏輯。
Due to the fact that this type of franchise generally charges a fixed annual brand authorization fee, as well as equipment, raw materials, technical guidance, and other fees, for enterprise brand owners, this type of franchise is more like providing a service, essentially the logic of the transaction.
品牌方通常是不會再占加盟商的股權的,這類加盟模式在小吃、飲品的細分類目里較為常見。而許多品牌之所以會選擇加盟這種合作模式,還得看企業自身產品的競爭力和差異化,在產品沒有充分競爭壁壘的情況下,賺一波加盟商的錢也是明智的選擇,但是通常這種品牌生命周期為2~3年不等,加盟商也基本是資金雄厚的小白創業者。但在相對投入較大,且依賴服務與管理的快餐、火鍋、烤肉、披薩等大店餐飲類目中,聯營或托管的模式是更為普遍的。
Brand owners usually do not hold equity in franchisees anymore, and this type of franchise model is more common in the sub categories of snacks and beverages. And the reason why many brands choose to join this cooperation model also depends on the competitiveness and differentiation of the company's own products. In the absence of sufficient competitive barriers in the product market, it is also a wise choice to earn a lot of money from franchisees. However, the lifecycle of such brands usually ranges from 2 to 3 years, and franchisees are mostly financially strong novice entrepreneurs. But in large restaurant categories such as fast food, hotpot, barbecue, pizza, etc. that require relatively large investment and rely on service and management, the joint venture or custody model is more common.
相當于加盟商承擔資金投入,總部品牌方負責人員培訓、經營管理,通常這種加盟模式更像是合伙或投資的關系,總部公司占這家店的一小部分股權,加盟商占多數股權。這樣雙方的利益綁定就更加緊密,總部品牌方也能更好的把控產品與服務質量,保證品牌發展的可持續性。由于餐飲行業畢竟還是依托于產品的,因此,穩定的原材料供應鏈與加工運輸,就成了連鎖餐飲品牌在復制擴張中最重要的競爭力。
It is equivalent to franchisees bearing the capital investment, while the headquarters brand is responsible for personnel training and business management. Usually, this franchise model is more like a partnership or investment relationship, with the headquarters company holding a small portion of the store's equity and franchisees holding the majority of the equity. In this way, the interests of both parties are more closely bound, and the headquarters brand can better control the quality of products and services, ensuring the sustainability of brand development. Due to the fact that the catering industry still relies on products, a stable supply chain of raw materials and processing and transportation have become the most important competitiveness for chain catering brands in replicating and expanding.
這種聯營與托管的經營模式,正越來越多被一些新興品牌運用。這種經營模式更像是一種新型的融資手段,靠外部加盟商來承擔新店的投入成本,不僅減輕了資金壓力,也降低了投資風險。一般在設計這種聯營托管的股權架構時,對于總部來說,“控制權”是最核心的訴求,而對加盟商來說,“短期收益”則更加重要。其次還有關于財務的規劃問題與退出違約的問題,也要考慮進去。
This joint venture and custody business model is increasingly being used by some emerging brands. This business model is more like a new type of financing method, relying on external franchisees to bear the investment costs of new stores, which not only reduces financial pressure but also lowers investment risks. When designing the equity structure of this joint venture custody, for the headquarters, "control" is the most core demand, while for franchisees, "short-term gains" are more important. Secondly, there are also issues related to financial planning and exit defaults that need to be considered.
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