Articles
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Opportunity India Desk Sep 29, 2017 - 4 min readHiring an external resource to carry out certain functions or services by any business organisation is what we call outsourcing. The trend of outsourcing is getting quite popular among aspirants with low investment budget and space constraints.Large number of start ups and new franchisees prefer outsourcing model to carry out narrow functions, like payroll, billing, ...
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Opportunity India Desk Sep 29, 2017 - 8 min readThe annual domestic consumption of footwear in India is 1.1 billion pairs per annum, as per a recent study. However, despite the presence of a large number of brands, both national and international, unorganised players reign over the market share with over 50 per cent share in its pocket. Factors like inexpensive price tags and ...
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Opportunity India Desk Sep 29, 2017 - 3 min readProfit making is the most significant motive behind every entrepreneur aspiring to take up franchising. A business is able to earn profits only when its accounts are managed well. As a franchise attorney safeguards the interests of aspiring as well as new franchisees, similarly, an accountant safeguards the franchise business from failure and act as ...
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Opportunity India Desk Sep 29, 2017 - 5 min readTill a few years back only roadside cobblers were available to mend shoes and make them wearable once they got old. These road side cobblers can repair a broken pair of shoe but cannot make it as good as new. There were no services available to clean expensive and commonly used sports shoes and sneakers ...
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Opportunity India Desk Sep 29, 2017 - 5 min readThe rising economy, performance of domestic automotive industry, and the better conditions of the transport scenario are successfully fueling the performance of the tyre industry in India. Keeping these factors in mind, JK Tyre came up with the idea of launching a one stop solution for complete tyre sales and services requirements of the customers. ...
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Opportunity India Desk Sep 29, 2017 - 10 min readIndia is known for its strong middle class, and if we assume them to have three meals a day; approximately 1000 million meals are consumed everyday in our country. With numbers so high, undoubtedly, the demand for food is sky rocketing. In the current scenario, franchising is helping to fulfill the hunger for more and ...
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Opportunity India Desk Sep 29, 2017 - 4 min readIntegrated marketing campaign represents the integration of all marketing tools, approaches, and resources within a franchised company that maximises impact on consumer’s mind. Such marketing campaign can further lead to maximum profits at minimum costs for both the franchisors and franchisees.Mediums to promote brandsConsidering the contemporary sources for promotion of the brand, franchisors can opt ...
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Opportunity India Desk Sep 29, 2017 - 4 min readFranchising is undoubtedly a commendable option to start a business or to expand any existing business. However, every business model calls for specific laws and regulations in order to establish a business enterprise. It ensures healthy legal environment, helps in maintaining a strong cordial relationship, is also responsible for the growth and expansion of the ...
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Opportunity India Desk Sep 29, 2017 - 5 min readFlowers adorn every moment and every occasion. The usage of flowers is on the rise. Be it as an expression of love or accessorising an event, people are making an increased purchase of flowers. Festivals, special occasions, corporate requirements and wedding are events where the requirement for flowers is at the maximum. Catering to this ...
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Opportunity India Desk Sep 29, 2017 - 4 min readThe relationship between a franchisor and his franchisees can be an analog to a parent-child relationship. As parents teach and train their child the practicality of life, similarly in franchising the franchisor teaches and trains his franchisees about the franchise concept. The aspiring entrepreneurs are naives just like infants who are totally dependent up on ...