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Opportunity India Desk Sep 29 2017 - 3 min readIndian restaurant sector was estimated to be worth Rs.58, 000 crore in 2008, out of which Rs. 8,000 crore or 7.24 per cent is accounted by the organised sector.If you are an aspiring entrepreneur then taking a franchise of a restaurant providing Indian food is the best option as it has enormous untapped potential.The growing ...
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Opportunity India Desk Sep 29 2017 - 3 min readA successful entrepreneur adopts the franchise model to expand his already established business. He does it, with the help and money of his prospective franchisees. The factors behind the success of a franchise business can also hold responsible for the business collapse, if not handled carefully. Therefore, it is advisable to do a good homework ...
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Opportunity India Desk Sep 29 2017 - 3 min readOnce you have prepared a blue print for the franchise that you aspire to take up, the next step is to make the arrangement of the financial resources. There are a lot of sources from where you can take monetary help. But when it comes to money everybody desires something in return. So when you ...
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Opportunity India Desk Sep 29 2017 - 4 min readEven at the time of economic uncertainty, the franchise businesses have not just reported survival stories but real success stories; further reinforcing the belief in the industry that franchising business is one of the most successful and durable business models across the world. Whereas compared to recent failure of a few organised retail brands ...
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Opportunity India Desk Sep 29 2017 - 3 min readFranchise territory is an area allotted to the franchisee to use the franchise rights. It is an exclusive territory, or a protected territory for which the franchisee is given rights preventing the franchisor from appointing any other franchisee for the territory or carrying on business himself/herself in the territory. The demarcation of franchise territory helps ...
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Opportunity India Desk Sep 29 2017 - 3 min readEvery business, big or small needs some investment. A low cost franchise may need around Rs 10 lakh today. Many aspiring franchisees may reject the idea of foraying in a business, just because they may not find means to gather sufficient funds. They could have lived their dreams if only they were aware of the ...