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Opportunity India Desk Sep 29 2017 - 2 min readWhat is Master Franchising?The term defines allotting franchise rights to an individual or an institution for a distinct territory. Like in India, there can be only one master franchisee representing the brand throughout the country or there can be different masters for different states. They also enjoy the rights to sub franchise within their specific ...
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Opportunity India Desk Sep 29 2017 - 4 min readA low cost franchise is a good option for many who do not have surplus capital to buy and set up a franchise, as it needs a lot of investment in terms of fees, real estate, marketing, merchandise etc. These are franchises which require low initial investment of less than Rs 10 lakh. Given below ...
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Opportunity India Desk Sep 29 2017 - 3 min readRegardless of being a rewarding business, there are a number of misconceptions about franchise ownership. Some of the common myths about franchise are:Finding the right business: Many entrepreneurs keep waiting for the right business opportunity that fascinates them. The entrepreneur should not limit his choices to what he is familiar with or good at. By ...
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Opportunity India Desk Sep 29 2017 - 2 min readFranchising has emerged as one of the greatest business opportunities across the world and an increasing number of people especially the youth are embracing it with fervour over the past 5 years. Currently, with the uncertainties in the job market due to the economic slowdown more and more youth is seen opting for franchising to ...
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Opportunity India Desk Sep 29 2017 - 3 min readMaintaining an outlet not only deals with the interiors of the store, but also the stock used by the franchisee, local marketing done for making the outlet popular etc. All these points have to be taken care by the franchisee in running the store. There is a famous saying ‘Every coin has two sides’ which ...
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Opportunity India Desk Sep 29 2017 - 3 min readYour franchise business cannot succeed unless you do not know the art of building and keeping a strong relationship with your franchisees. It is an imperative part of a franchise system. As a franchisor, it becomes utmost important to you to understand the needs and necessities of your franchisees and help them whenever they need ...