Articles

Women and franchising, a successful combination

Opportunity India Desk Sep 29, 2017 - 3 min read

Businesses run by women were considered as small and conservative ventures but a large number of firms started by women have experienced fast growth, proving this speculation wrong. Most of the ventures had their growth due to the franchising model, which has become popular among the entrepreneurs. The study conducted by Global Entrepreneurship Monitor (GEM) ...

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Route to Recruit

Opportunity India Desk Sep 29, 2017 - 2 min read

When hiring, it can get difficult to find the right channels which can ease your process. However, with the advent of time, numerous options are available where you can search for the right kind of people for your business. Be it for any position from managerial to technical. Here’s a list of options where you ...

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Hospitable way to expand

Opportunity India Desk Sep 29, 2017 - 4 min read

Indian Tourism is fast moving towards becoming world’s no. 1 tourist destination. As per WTO’s (World Trade Organisation) prediction India will be receiving approximately 25 million tourists by 2015. Considering this growth of Indian tourism hotels and resorts, it appears to be one of the most lucrative businesses in India in the coming years. So ...

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Reducing the start up cost of franchise

Opportunity India Desk Sep 29, 2017 - 4 min read

Operating a franchise no doubt reduces the risk but like in all other businesses requires huge investment. At the time of investing, the franchisee who is new to the franchising business may have to face a problem in the initial stages and also adopt some means to save on the investment. Sometimes trying to lessen ...

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SCM a significant source of success

Opportunity India Desk Sep 29, 2017 - 4 min read

Having the right item in the right quantity at the right time at the right place for the right price is the strategy behind successful franchise business. There are various aspects in a franchise business that need to be supervised very efficiently, SCM being one of them.Process of SCMManaging the supply of products for one ...

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Truths and myths of a franchise business

Opportunity India Desk Sep 29, 2017 - 3 min read

Regardless 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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Savour ice cream franchise

Opportunity India Desk Sep 29, 2017 - 3 min read

Which is that dessert that makes the kids gobble down their dinner eagerly? You are right, it is the delicious ice-cream! Not only kids, but even the grown-ups love eating ice-cream. Ice-cream can be eaten anytime of the year; in summers it gives relief from the blistering hot weather, and in winters, most people relish ...

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Imperative ingredients of franchising

Opportunity India Desk Sep 29, 2017 - 3 min read

Getting a franchise does not mean that you have escaped from the hard work and dedication, which is required for running a business successfully. Though the franchise route helps you to fetch a well established brand name, training and support in initial phases but on your part you have to put in the maximum to ...

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Franchising genes of the denim industry

Opportunity India Desk Sep 29, 2017 - 3 min read

In today’s world clothes maketh a man and brands make the clothes. There has been a tremendous growth in the denim wear industry in the last few years, established players have prospered and with it the prospects of franchising have improved. Badal Chowdhry, CEO, Numero Uno Clothing Ltd informed, “Denim industry has been growing at ...

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Brand building the franchise way

Opportunity India Desk Sep 29, 2017 - 3 min read

Making your brand famous can be as difficult as starting a business from the scratch. So what can make it simpler? There are two ways of doing it - marketing and advertising the brand extensively and opening outlets across the country. Obviously, the latter is more favourable as opening outlets will further add to your ...

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