1. Negotiation and brand: Franchisees need to negotiate with brands, express their willingness to become direct stores, and discuss relevant details and conditions with brands.
2. Termination of franchise contract: Franchisees and brands need to terminate the original franchise contract and negotiate the termination, including liquidated damages and contract term.
3. Site selection and decoration: Franchisees need to select sites and decorate storefronts together with brands. This involves the cost and work of relocation and transformation.
4. Transfer of equipment and inventory: Franchisees need to transfer the equipment and inventory of the original franchise stores to direct stores, or handle them according to the requirements of the brand.
5. Reopening: After the renovation and equipment transfer are completed, franchisees can reopen and operate direct stores. Need to re-formulate business plans, recruit employees, etc.