This requires the enterprise's middle management

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Thanks to the company's systematic organizational structure, the financial management of the business becomes more convenient. Personnel and administrative organization To sustainably develop a chain business model, businesses must develop according to a chain business model that can step up step by step.  team to be competent. In fact, many employees holding the above positions lack management capacity , so the chain's operations are not really effective. This makes it easy for employees to lose motivation, lack enthusiasm, and not be able to develop. Frequently asked questions about chain business Example of chain business in Vietnam? Some popular store chains in Vietnam include: - 1.


Circle K : A convenience store chain present in Vietnam since 2008. Currently, Circle K Email Data has more than 400 stores nationwide. – 2. Family Mart : A Japanese convenience store chain, present in Vietnam since 2009. Currently, Family Mart has more than 1,000 stores nationwide. – 3. B's mart : A Korean convenience store chain, present in Vietnam since 2018. Currently, B's mart has more than 200 stores nationwide. – 4. Ministop : A Japanese convenience store chain, present in Vietnam since 2011. Currently, Ministop has more than 100 stores nationwide. – 5. Satrafoods : Is a supermarket chain of Saigon Trading Corporation (Satra), present in Vietnam since 2017. Currently, Satrafoods has more than 100 stores nationwide.



In addition to convenience store chains, there are also milk tea store chains that also operate in the form of chain business, such as Starbuck, Phuc Long, Gong Cha,... What is the difference between an independent company and a chain business? – In a chain business, one parent company owns all business locations. In contrast, independent owners operate individual stores under a franchise business model. Is McDonald's a restaurant chain or an independent company? – McDonald's is the world's leading global foodservice retailer with more than 38,000 locations in more than 100 countries. Approximately 93% of McDonald's restaurants worldwide are owned and operated by local, independent business owners . So, the above article has provided you with information about what chain business is? Advantages and disadvantages of chain business? Besides, important factors and notes in chain business have also been shown in detail. Miko Tech hopes the above article has helped you somewhat understand what chain business is.