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Small businesses and Start-ups have a very high failure rate compared to Brands
Business Facts:
Over 80% Small businesses cannot survive in 1 st year*
To build your own brand, it takes huge time, investment and hard-work
However, operating a branded business through franchising is a better way to manage risks and own and operate a successful business
80%OF BUSINESSES WILL SURVIVE THEIR 1ST YEAR
70%OF BUSINESSES WILL SURVIVE THEIR 2ND YEAR
50%OF BUSINESSES WILL SURVIVE THEIR 5TH
30%OF BUSINESSES WILL SURVIVE THEIR 10TH YEAR
Branded business are tried and tested concepts, which can enable cash flows reduce risk of failure viz-a-viz your own business
Only 40% small businesses are profitable and the rest struggle due to higher expenses and lack of revenues
Business Facts:
Over 30% small businesses loose money, 30% businesses enableto achieve breakeven and 40% manage to deliver profits*
However, when you operate a branded business through franchising your chances to successd are higher and the risks for failure are lower
30%OF BUSINESSES LOOSE MONEY
30%OF BUSINESSES WILL BE ABLE TO ACHIEVE BREAKEVEN
40%BUSINESSES TURN OUT TO BE PROFITABLE
Branded business have a higher success rate rather than a small business. Contact us for a consultation.
Over 82% small businesses fail due to cash flow problems
Business Facts:
Top reasons* why businesses fail based on published research*
Several business run out of cash, don’t have the right team or fail to market their products and services effectively
However, operating a branded business through franchising provides you with a better opportunity to succeed
80%OF BUSINESSES EXPERIENCE CASH FLOW PROBLEMS
70%OF BUSINESSES FAIL TO MARKET THEIR SERVICES
50%OF BUSINESSES DON’T HAVE THE RIGHT TEAM
30%OF BUSINESSES FAIL DUE TO TOUGH COMPETITION
Branded business are tried and tested concepts, which enable stable cash flows. Contact us for a consultation.
Top 3 reasons, Why businesses fail?
Business Facts:
Top reasons* why businesses fail based on published research
Capital and Cash flows are the lifeline for any business and therefore it is crucial to ensure that adequate provisions are maintained to ensure continued success.
The right awareness and marketing can assist the business keep and acquire new customers as revenues are vital for sustainability.
People with the right skills are core to the success of any business
36%OF BUSINESSES FAIL DUE TO LACK OF CAPITAL
34%OF BUSINESSES FAIL TO LACK OF AWARENESS & MARKETING
30%OF BUSINESSES FAIL DUE TO LACK OF RIGHT EMPLOYEES
Branded business can create awareness, cash flows and attract right talent. Contact us for a consultation.
At Brandmart, we enable value for both brand owners as well as brand builders.
For Brand Owners, we get partners or franchisors to expand the brand and monetize
For Brand Builders, we get partners or franchisees to enable them access the brand for their market, build the business and monetise
