Trends

Trends

Promising Franchise Destinations

Opportunity India Desk Sep 29, 2017 - 9 min read

The tier II and II cities of India are emerging as hot franchise destinations with majority of the franchisors and entrepreneurs targeting these markets for expansion. Businesses like retail, business outsourcing, IT and real estate investments and development have realised the potential offered by these tier II and III cities. The markets are continuously gaining ...

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Trends

Determination Ensures Franchise Success

Opportunity India Desk Sep 29, 2017 - 8 min read

The franchise model which is considered a safer way to get into entrepreneurship does not guarantee success. Franchising just like any other business model requires determination and dedication to strive through the harsh competition of the market. An aspiring entrepreneur with his basic skills in place needs be passionate about his business idea to excel. ...

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Securing Success in Refranchising

Opportunity India Desk Sep 29, 2017 - 6 min read

The concept of selling an operational company owned outlet to aspiring franchisees is termed as ‘Refranchising’. Retrofranchising, another name for refranchising provides an opportunity to the existing franchisees to buy a company owned outlets. Thus, refranchising not just motivates the aspiring entrepreneurs to take up the franchise but also encourages the existing franchisees expand by ...

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Guide To A Successful Franchise

Opportunity India Desk Sep 29, 2017 - 3 min read

Selection of a franchise based on a particular franchise concept you are interested in, is an important aspect of a successful franchise. Once you have selected the industry you want to take a franchise of, start looking for all the franchisors offering franchise opportunity in that particular sector. As the process of acquiring the ...

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Laws Governing International Franchisors In India

Opportunity India Desk Sep 29, 2017 - 4 min read

In India, there is no specific franchising regulation, and the relationship is regulated only under the underlying laws of general application to all business operations. The franchisor/ franchisee relationship is established by an agreement, and it is the contract, which is the ultimate point of reference for determining the parties’ rights and obligations, which ...

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Think Before You Leap into Franchising Business

Opportunity India Desk Sep 29, 2017 - 5 min read

Brands want to expand at the cost of smaller entrepreneurs who cannot afford to create their own brand. In recent times, its importance and popularity has increased and it has penetrated all business segments be it FMCG, Apparels, Pre School, Saloon or Footwear etc. Everyone is out to capitalize on their so called BRAND. If ...

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Multi- Facets Of Multi-Unit Franchising

Opportunity India Desk Sep 29, 2017 - 5 min read

Franchising gives young aspiring entrepreneurs the formula to run or own a business successfully. However, many franchisees still consider that a franchisee at a time can only own or run a single outlet. However with advancements in technology, communication and internet, managing more than single outlet is no more a Herculean’s task for successful ...

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Novice Franchisors Can Be Profitable Too

Opportunity India Desk Sep 29, 2017 - 4 min read

Franchising undoubtedly is the best model for business expansion, but as success is guaranteed neither with a popular franchise nor with an evolving one, then why not consider taking up the franchise of an evolving franchisor? No doubt, taking up the franchise of an established brand provides numerous benefits to the franchisees, but a franchise ...

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Empowering Entrepreneurs Micro Franchise Way

Opportunity India Desk Sep 29, 2017 - 5 min read

It is general notion among Indians that it is the government’s and NGO’s duty to empower the rural population. But with the rising popularity of Corporate Social Responsibility (CSR) concept, many national and multinational companies are taking initiatives towards such ventures. They are not only keen to serve the rural market but are also keen ...

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Team Work: Key To Franchise Success

Opportunity India Desk Sep 29, 2017 - 5 min read

Franchisees are the channel partners of a franchise business. Entrepreneurs running a successful business adopt the franchise model as it offers them a rapid expansion of their business. However, establishing a franchising business is not an easy job and requires constant supervision of the franchisor. The franchisor plays a vital role in creating a good ...

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