Trends
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Opportunity India Desk Sep 29, 2017 - 3 min readOnline sales, multi-franchises, business diversifications are among the hot trends. Read on to know more…Moving to Malls:Malls are the chosen destination for retailers now. Almost all the brands into franchising are targeting malls for their venture. One can find various franchisees moving to malls from markets to cash in on the trends.“Going to the malls ...
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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 - 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 - 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 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 - 4 min readFranchisees are life-line of any business that plans to expand in other markets too. A franchisee’s motivation is driven by success, satisfaction and freedom. A franchisor must have the ability to understand the franchisee’s perspective and understand what they wish to accomplish and how they go about achieving their goals. Once the goals have been ...
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Opportunity India Desk Sep 29, 2017 - 6 min readFranchising as a mode of business expansion has been on a rise. Realising the benefits of franchising, more brands are taking this route to increase their footprint. According to a recent report by KPMG India Pvt. Ltd., India’s franchising industry is expected to quadruple in volume in the next five years, accounting for almost 4 ...
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Opportunity India Desk Sep 29, 2017 - 5 min readThe recently held Franchise India's Franchise & Retail Opportunity (FRO) Show in Mumbai was a great success underscoring the point that Mumbai is a favoured destination for investors from across the world. Take a look at the updates on blooming business opportunities in Mumbai.Gone are the days when people used to head towards Mumbai just ...
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Opportunity India Desk Sep 29, 2017 - 4 min readA franchisor may have a great business idea, apt location and well trained workers but his franchised outlet may not still be successful till his franchisees are not good. Any franchise business can experience faster growth with more footfalls and popularity with satisfied franchisees, who consider the brand as their own. The most common reason ...
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Opportunity India Desk Sep 29, 2017 - 5 min readGood news is on its way for the people living in smaller cities and towns. Having grabbed their maximum share of profits in metros and big towns, established franchise brands are now ready to eat up the business space in small towns. Small towns and cities which earlier were devoid of good eating joints, shopping ...