A franchise for a karting club is a promising business project, to implement it without difficulty, you need to thoroughly prepare. First, for your franchise to function properly, you need to perform a swot analysis. With its help, you will be able to determine exactly what threats may arise and what opportunities are available to overcome. Also, the strengths and weaknesses of the kart franchise will be on the face, which means you can use this information to succeed. Your club needs the best karts, so contact the franchise owner to find out where to get them. He can provide them himself at a reduced price, or he will need to purchase them on his own.
It all depends on the right of the title document under which you registered your rights and obligations. If you are interested in a franchise club and want to implement karting, or rather, services in their arena, within its framework, then you need to clearly define the target audience. These can be young people and children who are interested in this kind of service. This information will also help with advertising.
A franchise is nothing more than an opportunity to implement activities following a successful business project, the regulations of which will be provided to you. A go-kart franchise requires a variety of contributions. The first of them is lump-sum deductions, which are carried out at the initial stage of interaction. Further, when working with a karting club franchise, you are also obligated to pay monthly fees. As many as two monthly installments are provided so that the franchisor can continue to carry out his business activities. The first installment of a karting club franchise is royalties.
Its volume can be from 2 to 6% - this amount will be calculated depending on what kind of turnover or income you have. Further, an advertising fee of 1 to 3% can also be provided if you are selling a franchise for a go-kart club. This is a common rule with nothing special. And they just need to be observed when carrying out such a business project. Study the local laws so that you don't accidentally break them when carrying out your business plan.