Articles
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Opportunity India Desk Sep 29, 2017 - 5 min readThe terms ‘Refranchising’ and ‘Conversion Franchising’ are considered as the best and secure way to expand and succeed in the franchise industry. In refranchising, the franchisor converts his/her company owned outlets into franchised outlets whereas in conversion franchising, an established businessman is offered the opportunity to convert his independent business into a franchised business. Many ...
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Opportunity India Desk Sep 29, 2017 - 5 min readPossessing a car is not a Herculean task anymore. With the emergence of pre-owned car industry it is not at all difficult to own a good car, even if it is second hand. Car has evolved from being a luxury to a necessity today. With increased disposable incomes people are ready to spend on this ...
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Opportunity India Desk Sep 29, 2017 - 7 min readIndividuals and organisations often want to do different things differently towards their entrepreneurial endeavors. Launching a unique business concept is an interesting as well as challenging task at the hand of entrepreneurs and consideration of franchise model for growing that ‘out of box idea’ leads to a thought: Is this Business concept ‘Franchisable’?Basic criteria for ...
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Opportunity India Desk Sep 29, 2017 - 7 min readYesterday’s luxury is no more a luxury today rather it has become a necessity. Burgeoning economy, increasing urbanisation and changing lifestyle has given an unparallel boost to luxury industry in India. There were times when luxury goods and services were associated with the aristocratic elite section of the society as the middle class people could ...
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Opportunity India Desk Sep 29, 2017 - 6 min readTraditionally, people have been buying groceries like fruits and vegetables from market or either waited for the local vendors to turn up. In the last few years we saw emergence of organized retail stores like Reliance Fresh, More, Big Bazaar, Bharti Walmart and also franchised concepts ‘Safal’ by Mother Dairy. And now here comes the ...
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Opportunity India Desk Sep 29, 2017 - 5 min readWith the rising economy, brand consciousness, changing lifestyle and way of thinking, steady rise in the income levels, and interest to buy latest evolving technologies, the consumer durable market in India is moving towards growth. Keeping all this in account, NEXT Retail has come into existence to tap the immense potential promised by the consumer ...
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Opportunity India Desk Sep 29, 2017 - 5 min readTypically, a franchise system is a mix of the intellectual property rights (i.e. patents, trademarks, designs, copyright or trade secrets), its know-how and a carefully structured franchise agreement (the only legal document to secure the credentials and confidentialities of a franchise business). The franchise model has always been preferred by majority of the entrepreneurs to ...
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Opportunity India Desk Sep 29, 2017 - 5 min readRetail franchising in India is a crowded playing field which is emerging as a prospective hub offering numerous franchise opportunities from apparel industry to robot retailing, grocery stores to vending machines. Under the various retail categories which include Consumer Durable Information Technology (CDIT) segment, apparel and textile industry, gems and jewellery, food retail sector, flower ...
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Opportunity India Desk Sep 29, 2017 - 4 min readTraditionally, bamboo was used as a low cost source for house construction, ornaments, tools, food, furniture, fencing and so on. But thanks to the advanced technology, bamboo is now used to manufacture products like planks, tiles, balusters, mats, veneer, plywood and boards. It also has applications in terms of bamboo flooring, laminated board, mat board, ...
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Opportunity India Desk Sep 29, 2017 - 4 min readWhen considering the idea of taking up the franchise route, every new franchisor is in a dilemma whether franchising is right for his business expansion or not, whether he will be able to turn his franchise plan into a successful full-scale franchise operation or not. Though franchising is considered as a well proven business model ...