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Opportunity India Desk Sep 29 2017 - 3 min readIn a franchise arrangement, the franchisee is required to buy merchandise from vendors specified by the franchisor only. This is done to uphold a level of touchstone. But in certain cases, some franchisees feel that these vendors at times over charge for certain supplies which are available in market for a lesser price. In such ...
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Opportunity India Desk Sep 29 2017 - 3 min readLooking at the present business scenario, it can be seen that more and more entrepreneurs are joining the franchise bandwagon. Some become successful while others fail. Due to rising awareness, every entrepreneur mostly takes good advice on the financial and legal issues associated with running a business. However, business is more than just managing finances ...
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Opportunity India Desk Sep 29 2017 - 3 min readRunning a business independently is indeed quite hard, especially for the people who venture into it for the first time. Franchising is the best option for such people. Education franchising has picked up in the recent days in almost all the sectors, whether formal, informal and supplementary kinds of education. Franchising has come to acquire ...
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Opportunity India Desk Sep 29 2017 - 3 min readThe most common challenge in a franchise organisation is lack of marketing strategies by a franchisee. Many franchisees feel it as a necessity to stand behind the counter and serve the customers themselves when they would better serve the business by getting out and mingling with the customers, visiting other businesses, participating in community events, ...
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Opportunity India Desk Sep 29 2017 - 3 min readWe always talk of networking when at business events to increase business association. Well social networking websites are providing the same platform just that it’s in the virtual world with an informal environment. This is in a way aiding communications among businesses and is a great technique of making a complementary online presence.Notable benefitsSocial networking ...
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Opportunity India Desk Sep 29 2017 - 3 min readThe success of a business depends upon the ability of its work force. It is important to hold a workforce comprising persons of natural aptitude, integrity and cohesiveness. Training, motivation and coordination are the successive ingredients needed to be injected into the force to make it effective and formidable. The process is difficult and cumbersome. ...