Articles
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Opportunity India Desk Sep 29, 2017 - 4 min readInvesting in a franchise business is undoubtedly an important decision for an aspiring entrepreneur. Having taken that decision and selecting a franchise business, next task of an entrepreneur is to start the hiring process. Hiring requires intensive scrutiny. Being new to the franchise business, the franchisee finds it difficult to hire efficient staff. The ...
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Opportunity India Desk Sep 29, 2017 - 4 min readFranchise businesses can be classified based on various parameters. Season or the period when the profits in a particular franchise business reaches its peak time is called the Seasonal franchising. However, that does not mean that the business will generate profits only during particular period. Seasonal franchise businesses are best suited for entrepreneurs who ...
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Opportunity India Desk Sep 29, 2017 - 4 min readFranchising undoubtedly is the best medium to expand a business and generate profits. Promoting franchise business, increasing point of sales, communicating with franchisees, and training and supporting them, everything altogether becomes a cumbersome and expensive affair for the franchisors. Here, Internet plays a significant role as it is one of the fastest and cost-effective ...
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Opportunity India Desk Sep 29, 2017 - 4 min readImaging industry has undergone a drastic transformation over the years. Traditional cameras that need empty picture roles to be inserted every time you want to click the picture have given way to all new trendy digital cameras. The fast pace of life is also reflected by the cameras, that shows the results the very next ...
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Opportunity India Desk Sep 29, 2017 - 4 min readCustomer loyalty is the key to any top franchise business. It is important for franchisors as well as franchisees to understand the need of their customer to achieve optimum success. A franchisor needs to concentrate his efforts on front-end sales and should understand the importance of rich consumer experience. A continuing stream of sales is ...
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Opportunity India Desk Sep 29, 2017 - 6 min readThe food and beverage industry is gaining tremendous pace in the last few years. India stands second to China as world's largest producer of food. The health food and beverage market is projected to grow at a growth rate of about 35 per cent per annum as per a recent study conducted by the Tata ...
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Opportunity India Desk Sep 29, 2017 - 3 min readFranchising requires a franchisor to be tactful, empathetic and diplomatic in order to co-ordinate and manage his franchise business. Franchisor leadership is the single most effective factor that holds paramount significance in retaining, maintaining and growing his franchise network simultaneously. Thus, successful franchise business to a great extent depends upon the effective leadership qualities of ...
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Opportunity India Desk Sep 29, 2017 - 4 min readOver the years, franchising has emerged as the most successful mode of business expansion. If franchisor is not sure of success, but is willing to try franchising, pilot franchising is the way forward. Pilot franchising The term ‘pilot franchise’ stands for the first franchisee appointed by the franchisor to estimate the success rate of his ...
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Opportunity India Desk Sep 29, 2017 - 4 min readFranchising has taken giant leaps with most of the successful business players adopting the franchising business route to expand their business nationally as well as internationally. At the same time, the trend of venturing into a new country or city by joining hands with another company, i.e. through a joint venture, is also not ...
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Opportunity India Desk Sep 29, 2017 - 4 min readIn a technology driven era, robotic retailing is gaining great momentum by drawing attention from wide spectrum of industries such as defence and surveillance, movies, hospitality, education and many more. These industries are making full use of this highly efficient technology for day-to-day domestic activities, industrial applications, and educational purposes. Yet the automation and robotics ...