Opportunity India Desk

Adding a new brand to an already existing portfolio a franchisee refers to Multi brand franchising. One may utilise the same retail space for clubbing two brands together or may open up stores at multiple locations.  Multi brand franchising does not necessarily mean that you have to choose your list of brands from under the ...

A successful business owner is always on the look out for the modes to expand his business for better sales. Franchising is one such mode of expansion and is increasingly becoming popular these days. Once the business owner has zeroed down on franchising as the mode of expansion, the next step forward is to appoint ...

Fanning entrepreneurial spirit among prospective investors, franchising has been at the forefront as the ideal business model to expand and grow. After reaching the break-even period in the first franchise business, franchisees can find further growth in multi-unit and multi-conceptual franchising. But there are some issues to keep under consideration.   Growth strategy: Franchisees should ...

The relationship between a franchisor and his franchisees can be an analog to a parent-child relationship. As parents teach and train their child the practicality of life, similarly in franchising the franchisor teaches and trains his franchisees about the franchise concept. The aspiring entrepreneurs are naives just like infants who are totally dependent up on ...

The annual domestic consumption of footwear in India is 1.1 billion pairs per annum, as per a recent study. However, despite the presence of a large number of brands, both national and international, unorganised players reign over the market share with over 50 per cent share in its pocket. Factors like inexpensive price tags and ...

Profit making is the most significant motive behind every entrepreneur aspiring to take up franchising. A business is able to earn profits only when its accounts are managed well. As a franchise attorney safeguards the interests of aspiring as well as new franchisees, similarly, an accountant safeguards the franchise business from failure and act as ...