The results of the study “Franchise in Russia” are summed up
20.04.2015 3124

The results of the study “Franchise in Russia” are summed up

One of the leaders in the sale of franchises in Moscow and the Moscow Region, Tatar Pirogi conducted a study on Franchise in Russia in order to identify key factors affecting the opening and running of a franchise business.

When choosing a franchise, 75% of the respondents chose the payback period, 70% is the probability of business success, 61% is the size of the initial investment, and 52% is the proximity of the business topic to personal interests as the most significant criterion.

The study identified the main risks when doing business in franchising: the key problem for the franchisee was the claims of the inspection organizations (sanitary epidemiological station, fire department). So answered 65% of the study participants. 60% identified problems with personnel as an equally important point when considering risks; 48% of entrepreneurs fear too much competition. An important subject of discussion is the interaction with landlords - 48% of respondents confirmed. And finally, problems with tax authorities concern 33% of respondents.

The study also evaluated the potential volume of investments in a franchise-based business: 44% of respondents are willing to invest up to 500 000 rubles, 40% will spend on a franchise from 500 000 to 1 million rubles, and only 16% has at their disposal more than 1 million rubles for starting a business.

The survey made it possible to determine the payback periods of a franchise-based business that are acceptable for entrepreneurs: 52% of respondents are ready to wait for a franchise payback period from 6 months to 1 year, 28% plan to return money in 3-6 months, and only 20% of respondents expect to “recoup” their investments after 1-2 years.

The research took place within the framework of the International Franchise Festival in Moscow on April 9-10, 2015. More than 200 guests of the event were interviewed, among whom 87% are residents of Moscow and the Moscow region, the majority of visitors from the regions represented the Central Federal District (Kaluga, Ivanovo, Yaroslavl) and the Volga Federal District (Nizhny Novgorod, the Republic of Bashkiria).

One of the leaders in the sale of franchises in Moscow and the Moscow Region, Tatar Pirogi conducted a study on Franchise in Russia in order to identify key factors that influence the opening and ...
5
1
Rating

Latest News

Puma Releases Collaboration With New York Rapper A$AP Rocky

This fall, the Puma brand is presenting a new, highly conceptual collaboration with American rap artist A$AP Rocky. The joint collection includes sneakers with a design inspired by…
10.10.2024 73

Clot x Adidas Collaboration Continues

In June of this year, Adidas and Asian streetwear brand Clot collaborated to release a radically updated version of the Superstar sneakers. The sports shoes were practically transformed into brogues and came out in black and white colorways. Now…
09.10.2024 158

Shanghai Fashion Week starts today

Dozens of local brands, as well as major global brands such as Vivienne Westwood and Moncler, will take part in the events of Shanghai Fashion Week. The fashion week will last 12…
09.10.2024 1193

The most spectacular shoes and accessories are in the new Dries Van Noten collection

The new Dries Van Noten collection, created for the spring-summer '25 season, oddly enough, is very much in harmony with the beginning of golden autumn, the most beautiful and colour-rich season of the year. In it, bright accessories are paired with very effective…
08.10.2024 1247

Adidas Releases Sneakers for Bob Marley Fans

Bob Marley was known to wear Adidas, and now Marley fans will have the opportunity to wear a pair of sneakers that feature the signature and image of the all-time reggae guru and…
08.10.2024 1202
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning