Customers are the source of revenue of every business. In a franchise business, retaining and gaining customers is extremely pivotal for long term success. Read on to know how to develop a strong customer base for your franchise business.
The concept of franchising was introduced in India a few years back with businesses like ice creams, pizzas, and coffee etc, that have proved to be lucrative. Over the years franchising has picked up well with lot of new and exciting franchise concepts. Y
Managing a franchise network is a cumbersome task, but an efficient franchisor with his leadership qualities can make this task easier. Success or failure of a franchise system wholly depends upon the leadership qualities of a franchisor. Read on to know
Most aspirants venture into franchising as it is a tried and tested business model. However it is also true that businesses take time to get established. Being the first or the pilot franchisee of a new franchising business can offer lucrative benefits. R
Every business model has its unique identity, plus and minuses. Same goes for franchising and joint venture, the two models of expansion, both of which have their flaws and flaw-less aspects. However, franchising definitely scores over joint venture, as i
Franchisor is the backbone of every franchise business. Financial instability of the franchisor jeopardises the functioning of the franchisees also. In order to avoid such problems, franchisees need to be alert against the financial crisis of the franchis
Online marketing has come a long way since it was introduced to the entrepreneurs in India especially in franchise businesses. Adding to these techniques is e newsletters an emerging mode targeting greater audience with a personal touch. A review
The male dominated business world has seen a drastic change over the years with more and more females making their presence marked in this domain. Franchising is the biggest contributing factor in making it possible for women to join the business world. F
Being an ideal franchisor in this competitive market requires intensive understanding and strategic business acumen. With the up coming of innovative concepts, a franchisor must follow certain basic guidelines to attain competitive success over other fran
A considerable growth of apparel retail has been observed during the past few years. As per a study conducted by The Franchising World magazine recently, out of Top 100 franchise businesses total 10 brands belong to apparel sector. Glance down to know abo
What is underreporting? If you have to ask, being a franchisee, you are probably not doing it. But, then again, maybe you are; unwittingly. In its simplest incarnation, franchisee underreporting occurs when a franchisee reports less income or sales to his
The emergence of various new business ideas has led The Franchising World magazine to enlist a few successful unique franchise businesses in emerging and debutant categories in its Top 100 franchise opportunity survey in India. Here we highlight these in
This limited-edition coin is dedicated to Sardar Vallabhbhai Patel, the Iron Man of India in honour of his commitment and drive, and the iron mind to take up challenges
Audible provides a selection of over 2,00,000 full-length audiobooks and other programs, which includes a selection of 400 Audible-exclusive titles by Indian authors.
Vitamin D is thought to protect against such attacks by boosting immune responses to respiratory viruses and dampening down harmful airway inflammation
In 2015, the Shah family had bought back the entire 27% stake held by private equity major Warburg Pincus in Metropolis Healthcare for an undisclosed amount.
The three corporate titans said today that Gawande will lead an independent company focused on a mission they announced earlier this year: figuring out ways to improve a broken and often inefficient system for delivering care.
