Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 3 min readMaintaining an outlet not only deals with the interiors of the store, but also the stock used by the franchisee, local marketing done for making the outlet popular etc. All these points have to be taken care by the franchisee in running the store. There is a famous saying ‘Every coin has two sides’ which ...
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Opportunity India Desk Sep 29, 2017 - 3 min readEvery business, big or small needs some investment. A low cost franchise may need around Rs 10 lakh today. Many aspiring franchisees may reject the idea of foraying in a business, just because they may not find means to gather sufficient funds. They could have lived their dreams if only they were aware of the ...
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Opportunity India Desk Sep 29, 2017 - 3 min readLong back it was a belief that women can not be good at business but with the increasing number of women who run successful franchise units independently, this theory has been proved baseless. Women have made their counterparts proud especially in the franchising world, where one can find almost an equal number of both the ...
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Opportunity India Desk Sep 29, 2017 - 2 min readTraining programs are the backbone of the franchise business and a must for every franchisee. A training program familiarises you with the product and service which you will be offering to customers. Here’s what all can you expect from a training program.The stagesThe process begins with the initial training offered to acquaint you with the ...
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Opportunity India Desk Sep 29, 2017 - 2 min readExperience brings along with it benefits in ways which may be unknown to you unless they surface. Especially in a business, experience always comes handy. If as a franchisee, you already have experience in the respective realm it will make the carrying out of the operations simpler.Handle daily hassles effectivelyDaily hassles are a part of ...
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Opportunity India Desk Sep 29, 2017 - 4 min readOperating a franchise no doubt reduces the risk but like in all other businesses requires huge investment. At the time of investing, the franchisee who is new to the franchising business may have to face a problem in the initial stages and also adopt some means to save on the investment. Sometimes trying to lessen ...
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Opportunity India Desk Sep 29, 2017 - 3 min readBusinesses run by women were considered as small and conservative ventures but a large number of firms started by women have experienced fast growth, proving this speculation wrong. Most of the ventures had their growth due to the franchising model, which has become popular among the entrepreneurs. The study conducted by Global Entrepreneurship Monitor (GEM) ...
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Opportunity India Desk Sep 29, 2017 - 3 min readBusinesses around the world have been forced to counter to the environmental challenges and the world of franchising is no different. Green franchises now constitute one of the fastest-growing industries, as businesses continue to embrace environmentally-friendly practices. The reasons for switching towards green are numerous as the world can no longer be careless and expect ...
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Opportunity India Desk Sep 29, 2017 - 3 min readThe phenomenon of not being informed about all the costs involved in a franchise business is witnessed by a majority of the franchisees. A franchisor may not inform you about these costs having two intentions in mind. Primarily you might deter away from taking up the franchise and secondly he might think that you would ...
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Opportunity India Desk Sep 29, 2017 - 4 min readHaving the right item in the right quantity at the right time at the right place for the right price is the strategy behind successful franchise business. There are various aspects in a franchise business that need to be supervised very efficiently, SCM being one of them.Process of SCMManaging the supply of products for one ...