Articles

Franchise territory cause of concern

Opportunity India Desk Sep 29, 2017 - 3 min read

A franchise is taken up to gain profits and provide a financial stability. Gaining specific territorial rights is a must when taking up a franchise to fulfil the motive of gaining profit (Though that’s not just the reason for gaining profits). As a franchisee, you need to address this issue from your end.Types of territorial ...

Share
Beautify your beauty business

Opportunity India Desk Sep 29, 2017 - 4 min read

Taking a franchise of a successful salon offers a lot of advantages; the franchisee gets guidance in setting up, salon designing, training and up keeping of the salon. It becomes easier to maintain the standards of the salon by heeding advices of the franchisor. To look good tops the priority list of every woman and ...

Share
Is multi unit franchising fit for you

Opportunity India Desk Sep 29, 2017 - 3 min read

Franchisors now days are bullish in offering multi unit franchises. For them it’s a better prospect whereas for the franchisee it means devoting more time to work, being more responsible and more accountable to the franchisor. Those who can live up to these responsibilities are the potential franchisees every franchisor would be looking forward to ...

Share
Recession, not a big deal

Opportunity India Desk Sep 29, 2017 - 4 min read

The economy is down so it is better to focus on the franchises that produce good results in a bad market condition. Although there is no such recession proof business but there are a few businesses in franchising which seem to thrive. Many people say that it is the worst time to start anything new. ...

Share
Fueling factors to terminate franchise agreement

Opportunity India Desk Sep 29, 2017 - 2 min read

Franchisee pays royalties to the franchisor, expands his business, provides assistance in maximising growth and profits, and promotes his brand name. Still there are a numbers of occasions when the franchisees are terminated. Now the questions that arise are: Why franchise agreements are terminated? What are the causes responsible for this termination and what are ...

Share
Unviable stores turn profitable

Opportunity India Desk Sep 29, 2017 - 3 min read

A franchisee takes up a franchise to generate profits. When taking up a franchise he might be very sure of his decision but there could be a time when he feels he can’t live up to it and that this is not his cup of tea. But as he is bound by an agreement, he ...

Share
A voyage to profits

Opportunity India Desk Sep 29, 2017 - 4 min read

With the travel quotient among people increasing, the travel industry in India is on the upswing lately witnessing winds of change. This is an interesting business option as it gives you a chance to create special moments for others which can be pleasing in itself.GrowthThe travel industry is witnessing a boom owing it to the ...

Share
Tricks for the trade

Opportunity India Desk Sep 29, 2017 - 3 min read

Either to opt for a company owned outlet or take up a franchising route is the first thing that strikes the mind of an entrepreneur who wants to expand his business. The entrepreneur is always suggested to expand through franchising as it offers him a lot of benefits like - no hassles of taking loans, ...

Share
Making a good first impression

Opportunity India Desk Sep 29, 2017 - 3 min read

If you are one of the aspiring franchisees and are finding it difficult to take a decision regarding the franchise, then just check out the franchisees’ and franchisors first impression. You get only one chance to leave an impression whether you are a franchisee or a franchisor. As Mr Pawan Gadia, Vice President, Ferns ...

Share
Franchisee the brand builder

Opportunity India Desk Sep 29, 2017 - 2 min read

The franchisee has certain obligations towards the franchisor as per the franchise agreement. The primary one being, holding and taking forward the brand name. Balvinder Singh Ahluwalia, President, Koutons Retail India Ltd opines, “Franchisees always become an active member to the development and growth of the brand in the optimum manner. They are given regular ...

Share