Articles
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Opportunity India Desk Sep 29, 2017 - 7 min readBesides all the ups and downs, as per Francorp, franchise business model has gained momentum and has proved to be the most suited business model for brands across the world including India. Every brand wanting to expand nationally or even internationally seeks for a franchise model for his brand. Let’s browse through the trends that ...
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Opportunity India Desk Sep 29, 2017 - 5 min readAs per KPMG India Pvt Ltd India’s franchising industry is expected to quadruple in volume in the next five years, accounting for almost 4 per cent of India’s gross domestic product (GDP) in 2017 and is projected to provide almost 11 million employment opportunities by 2017. However, there is lack of standardised business practices in ...
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Opportunity India Desk Sep 29, 2017 - 5 min readWhat are the reasons accountable for the failing of any franchisee and how to be safe? Ekta Verma tells you more on this. Winston Churchill once said that Success is not final, failure is not fatal: it is the courage to continue that counts. Franchising in India is estimated to be worth $22 billion (about ...
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Opportunity India Desk Sep 29, 2017 - 7 min readLiberalization of the Indian economy has attracted many foreign franchisees to India, as a part of their expansion strategy. Pizza hut, Subway, and fashion retail brands like Mango are some such international names. Simultaneously, indigenous home grown brands such as Jumbo Vada Pav, Reliance Fresh, Metro, Archie’s, Pantaloons etc have also benefitted, both in terms ...
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Opportunity India Desk Sep 29, 2017 - 7 min readAmong the many business opportunities available today for franchisees in different industries, there are some, which are one-of-their-kind. These opportunities demand some special effort on part of prospective franchisees and offer some special benefits in return. UK-based Wig-O-Mania (WOM) is a brand, which deals in unique hair products, especially in wigs and accessories. Whereas Barmobile, ...
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Opportunity India Desk Sep 29, 2017 - 5 min readBe it the earliest evidence of urban sanitation in Harappa, Mohenjo-daro or the recently discovered Rakhigarhi, Haryana of Indus Valley Civilisation, the proper urban sanitation systems had always been the matter of concern for the human civilisation. But that is not all. The same hygiene affair in today's era has evolved as the sanitary ware ...
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Opportunity India Desk Sep 29, 2017 - 3 min readFitness in India is growing at an annual compound rate of 60%. With yearn to look even better, fitter and presentable; today’s scenario for the health and fitness industry is getting enhanced. With these changes and demands, the fitness Industry relaxes on a fit side. Powerhouse Gym India has now opened 14 centers across India. ...
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Opportunity India Desk Sep 29, 2017 - 7 min readBefore you invest in a franchise, make sure you have done all your research well in advance so as to avoid any chaos at a later stage. So it’s important that you calculate RoI before cashing in on any business opportunity. For a franchisee, investing in a business is easy but taking it to new ...
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Opportunity India Desk Sep 29, 2017 - 5 min readThe Chapter five of the Finance Act 1999 defines a ‘franchise’ as an agreement by which the franchisee is granted representational right to sell or manufacture goods or to provide service or undertake any process identified with the franchisor, whether or not a trademark, service mark, trade name or logo or any such symbol, as ...
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Opportunity India Desk Sep 29, 2017 - 6 min readEvery child wants a toy. Every child deserves a toy. Every parent, cutting across economic strata, tries his/her best to provide their kids with the toys they desire. The trend of ‘playing with a toy’ will never go out of fashion and so, toying with the idea of entering this business is not unworthy at ...