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How to manage the money for starting a partnership?
Advantages and disadvantages of opening a store in partnership

Nowadays, many people are keen to find partners when they open stores. These partners are either friends or relatives. Opening a store in partnership can not only raise more funds, give full play to everyone's strengths, but also reduce risks. After the comprehensive selection of partners, the daily management of enterprises can be much easier. Partners developing their own specialties and skills can not only improve the management level of enterprises, but also make the development prospects of enterprises better.

Partnership ensures more sources of funds. With sufficient sources of funds, the scale, grade and grade of the enterprise will naturally increase accordingly, and we can brainstorm and do more things. Therefore, the partnership financing model can be said to be the best way for small and medium-sized catering enterprises to expand their operations and give full play to their potential.

Of course, the disadvantages of partnership are also obvious. Restaurant owners should be prepared for this. Because for a business operator who has a long-term plan, any influence must be guarded against.

1. The partnership has unlimited debts. Because the funds involved in the opening from the preparation and decoration to the procurement of various items are tens of thousands, not a small sum. Therefore, if the operation of the funds is opaque, or some people doubt the whereabouts of the funds, or some people want to take the opportunity to occupy the public funds of the partnership, then there will be loopholes in the funds and the ensuing debts will continue.

2. The life span of hot pot partnership is limited. The behavior, illness and death of each partner will have an impact on the enterprise, and the death or bankruptcy of any partner will lead to the demise of the partnership.

According to years of experience in hot pot catering, Laozi and Zhuangzi's spicy health hot pot put forward some suggestions for opening a store in partnership. Please refer to them.

One: everyone's division of labor must be clear. Find a trustee among the partners. When managing the operation, shareholders shall not participate in order to avoid management confusion, but not participating does not mean that they cannot supervise. Problems found in management and operation should be solved and corrected in time to avoid the expansion of the problem.

Two: the use of funds is transparent, ensuring that the whereabouts of each fund are clear and everyone knows when auditing the accounts. At the same time, we should audit the accounts regularly or irregularly to let all partners know the profit and loss of the store.

3. Dividends and currency reserve. In the process of store operation, to generate benefits, the purpose of partnership operation is to share dividends. In the process of dividends, we must consider the continuous operation of the store. Therefore, some funds must be reserved to ensure the normal operation of the store.

Four: when one or some shareholders in the store have special circumstances (such as stock withdrawal, accident, equity transfer, etc.). ), it is necessary to take various preventive measures in advance. In order to avoid differences at that time, the store will be closed.

Five: each partner must have a thorough understanding of the partner's reputation and financial security. Those with a bad reputation are determined not to cooperate with them. Otherwise, you can only lose yourself.

Six: After selecting the manager, the partners should trust the manager, distinguish the nature and difference between the investor and the manager, and shall not interfere with the work scope of the manager.

Generally speaking, as long as comprehensive consideration is given, the advantages of opening a store in partnership outweigh the disadvantages.

I wish you success!