TUTO: How do I become a NACHOS franchisee?
Franchising is an increasingly popular form of entrepreneurship. It offers the opportunity to launch your own business while benefiting from the support and expertise of a recognized franchise.
If you are considering becoming a NACHOS franchisee, you are embarking on an exciting and promising entrepreneurial adventure. As a future franchisee, your role will be central to the success of your business. You'll be the face of the brand in your region, responsible for creating a unique experience for your customers. As a franchisee, you'll enjoy entrepreneurial autonomy, while benefiting from the support and expertise of the NACHOS franchise.
As a franchisee, you will be responsible for the day-to-day management of your outlet, and for meeting the brand's quality and service standards. What makes you special is your ability to embody the NACHOS values while adapting the sales strategy to your local market. The success of your franchise will depend on your commitment, your dynamism and your ability to offer your customers an authentic experience.
Become a franchisee with tailored support in 6 steps
Discover a simplified path to make your entrepreneurial project a reality. Follow these personalized steps to become a successful franchisee.
Step 1: Choose your business sector
The choice of business sector is crucial when making the transition to entrepreneurship. You can make your entrepreneurial dream come true, even by changing fields. Whether you have 20 years' experience in car distribution and want to start a fast-food business at the age of 50, entrepreneurship offers this flexibility. Or you can build on what you've learned and stay in the same field. Whatever your decision, the choice of business sector marks the starting point of your entrepreneurial adventure.
Step 2: Choose your franchisor
Choosing the right franchisor is crucial to becoming a franchisee. Use four key sources of information: specialized books, the Internet (sites such as L'Express Franchise), trade shows and personal recommendations. Choose based on support, training, coaching tools, internal communication, meetings and conventions. Make sure you match your objectives and your affinity with the sector and the brand. Meet the franchisor's criteria, because joining the network is like a serious job search, indicating the franchisor's seriousness in the franchisee selection process.
Step 3: Market research
Your franchisor provides you with a general market survey (EGM) and a local market survey (ELM) in the Pre-contractual Information Document (DIP). Companies carry out in-depth studies, analyzing supply, demand, the catchment area and the location sector. These studies summarize the strengths and weaknesses of the location, analyze the existing offer, and estimate foreseeable sales. At the same time, a personal survey is essential. It includes a demographic analysis of the area, consultation of the Chamber of Commerce, collection of data on income, socio-professional classification, and town planning projects. Field research involves asking questions about competitors, their opening hours, clientele, prices, capacity, online customer reviews and so on. It's crucial to avoid complacency in this study, by maintaining an objective distance and avoiding prior confirmation of your business ideas.
Step 4: Investments & Start-up costs to be financed
To draw up a forecast, it's essential to define your financial requirements and resources. Needs include intangible assets (fees, leasehold rights), tangible assets (machinery, offices), financial assets (security deposits), initial stock, small equipment and miscellaneous supplies. Resources come from founders' capital, bank loans, associates' current accounts, municipal or European subsidies, crowdfunding, leasing, and honor loans. Crowdfunding takes place via platforms such as Ulule or KissKissBankBank, often involving future customers. Leasing is used to acquire goods on a rental basis, with an option to purchase. Honor loans, at zero interest, are managed by organizations such as Initiative France or Réseau Entreprendre, offering support, financing and follow-up without guaranteeing the borrower.
Step 5: Estimate Cash Requirements
To assess your cash flow requirements, draw up a provisional annual financing plan. This plan details month-by-month forecast cash receipts and disbursements, including income and expenses, taking into account payment deadlines (customer receivables, supplier credits, VAT recovery). The plan enables you to anticipate potential difficulties, making it easier to work out solutions with your bank. It's crucial to estimate working capital requirements by knowing the value of inventory, and payment times for customers (receivables) and suppliers (supplier credit). Your chartered accountant can use software to draw up and monitor the cash flow plan, ensuring optimum financial management.
Step 6: The field
Once the business plan has been finalized and financing obtained, the "field" phase begins. Training is crucial at this stage, and is carefully designed by the franchisor to pass on essential know-how. During this period, you need to be totally concentrated, asking all the necessary questions, even if work is in progress on your premises or you're far from home. This detailed training is the only time you'll learn your new job in depth, because once you're in your own establishment, you'll be on your own and responsible for managing your teams.
Support from the network head is also essential. You can count on the support of the network management, marketing communication and central purchasing teams. However, it's important to understand that, as an independent entrepreneur, you remain responsible for your business. The head office teams are there to advise and support you, but they can't replace your role and responsibilities.
Franchisee testimonial
Frédéric, NACHOS franchisee in Toulon
"I'd always dreamed of opening my own restaurant, but I didn't have the necessary experience or skills. I discovered NACHOS and was seduced by the innovative concept and the healthy, tasty cuisine.
I followed the training provided by NACHOS and benefited from personalized support throughout my project. The opening of my restaurant was a success and today I'm very satisfied with my choice.
I'd recommend NACHOS to anyone who wants to take the plunge into entrepreneurship with a project for the future."
The advantages of becoming a NACHOS franchisee
The advantages of becoming a NACHOS franchisee
Before opening
- NACHOS helps you find your premises with Global Consulting and Smart Retail.
- Financing assistance with partner banks and mutual guarantee.
- E-learning and 5 weeks training with our trainer in one of our pilot restaurants.
During opening
- One of our network coordinators will be on hand to help you prepare for your opening.
- Our communications department will set up a dedicated plan for a successful opening.
After opening
- A virtuous HR policy to build team loyalty: training courses, tailor-made e-learning, internal development, well-being at work, benefits, etc.
- Efficient management tools to make your day-to-day life easier: inventory management, payroll management, margin management, cadencing, mystery customer management...
- Dynamic marketing: new products, loyalty program, review management, Google referencing, local communication, especially on social networks...
An innovative concept
The NACHOS concept is innovative in several ways. Firstly, it allows customers to personalize their dishes to suit their own tastes. This responds to the growing demand for personalized catering.
Secondly, NACHOS offers healthy, tasty cuisine. Dishes are prepared with fresh, high-quality ingredients, ensuring a gourmet, balanced offering.
Finally, NACHOS is an evolving concept. The network regularly offers new products and services, enabling it to meet customer expectations and remain competitive.
Becoming a NACHOS franchisee is an ambitious project that offers many opportunities. If you'd like to start your own business and benefit from the support of a recognized network, NACHOS is a franchise that could be of interest to you.
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