Articles

Getting the business plan right

Opportunity India Desk Sep 29, 2017 - 3 min read

A business plan is essential as it puts across your commitment and ability to carry out the business to the potential franchisor and the lenders. The potential franchisor will look out for the best franchisee which will be indicated by the business plan submitted by them. Making a business plan can be a cumbersome task ...

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Procuring the funds

Opportunity India Desk Sep 29, 2017 - 3 min read

The success of a franchised business is more definite than that of an start up business, which makes it more probable for a franchisee to get a loan. However, getting finance can be a cumbersome task when you do not know how to go about it. There are quite a few options that are ...

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Advantages of taking up a Franchise

Opportunity India Desk Sep 29, 2017 - 3 min read

When you opt for a franchise route you need not go through the initial problems of setting up a business from scratch, because somebody else has already done the entire spade work. Somebody else has already proved that the business model works. Thus your business is based on an idea that has already been translated ...

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Franchise agreement checklist

Opportunity India Desk Sep 29, 2017 - 6 min read

India continues to hold the attention of major international brands around the globe who do not want to miss out on the country’s phenomenal growth potential. Indian investors (both companies and high-net-worth individuals) are showing a growing interest in entering partnerships with international brands. This greater interest from Indian investors has been fuelled by the ...

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Banks: entrepreneurs desired destination

Opportunity India Desk Sep 29, 2017 - 4 min read

Taking up a franchise is becoming a popular way to start a business. However, aspiring franchisees are hindered in their journey of success due to financial constraints. With the average investment being in lakhs, some entrepreneurs are able to fund on their own, while for others it might a daunting task. This impediment can be ...

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Pet franchising, inspiring international concept

Opportunity India Desk Sep 29, 2017 - 5 min read

India is witnessing a tremendous growth as the franchise industry is expected to grow at an annual rate of 40 per cent. Such growth can be attributed to the emergence of many new concepts in franchising. However, the global markets are flooded with unique franchise concepts which are yet to be adopted by the Indian ...

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Watch out for profits

Opportunity India Desk Sep 29, 2017 - 4 min read

Wrist watches, once a necessity, now account for a style statement. All thanks to the number of domestic and international brands that are making a beeline for the Indianmarket. These popular brands are effectively utilising the franchise route to strengthen their roots and raise their shares in India. This article gives an insight into the ...

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Smart franchisees convert visitors to buyers

Opportunity India Desk Sep 29, 2017 - 4 min read

In spite of having a great franchise concept and a well furnished outlet, many franchisees have tasted failure. What can be the cause of failure when the franchisee had followed all the guidelines by his successful franchisor? One of the major reasons for his failure can be attributed to his weakness in customer or client ...

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Bitter failure can lead to sweet success

Opportunity India Desk Sep 29, 2017 - 4 min read

With the growing popularity of the concept of franchising, more and more entrepreneurs are jumping in to try out this profitable venture. However, success cannot be guaranteed in any business venture and same is the case with franchising. Many aspirants enter into this domain with high expectations to make it big. But, their hopes shatter ...

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Post budget reactions

Opportunity India Desk Sep 29, 2017 - 4 min read

The franchise industry has been looking forward to several regulatory as well as policy reforms to facilitate its growth. A positive GST (Goods and Services Tax) outlook by the Government and a rise in the threshold for tax compliances has been seen as a very positive move by the franchise industry. However, the long impending ...

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