Trends

Trends

Accountant counts in franchise success

Opportunity India Desk Sep 29, 2017 - 3 min read

Profit 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 ...

Share
Trends

Position the kiosk right

Opportunity India Desk Sep 29, 2017 - 4 min read

Running a successful franchise business through a kiosk format is picking up fast for various reasons. Besides it is being a low cost franchise opportunity, it is easy to start and manage as well. But does this mean that all franchise businesses run through a kiosk are a success? Well opinions can be varied. However, ...

Share
Trends

Blueprint of strong franchise network

Opportunity India Desk Sep 29, 2017 - 3 min read

A successful business owner is always on the look out for the modes to expand his business for better sales. Franchising is one such mode of expansion and is increasingly becoming popular these days. Once the business owner has zeroed down on franchising as the mode of expansion, the next step forward is to appoint ...

Share
Trends

Add multiple brands to multiply profits

Opportunity India Desk Sep 29, 2017 - 5 min read

Adding a new brand to an already existing portfolio a franchisee refers to Multi brand franchising. One may utilise the same retail space for clubbing two brands together or may open up stores at multiple locations. Multi brand franchising does not necessarily mean that you have to choose your list of brands from under the ...

Share
Trends

Rely on research for right choice

Opportunity India Desk Sep 29, 2017 - 3 min read

Franchisors often use glossy brochures and slick presentations to persuade aspiring entrepreneurs take up their franchise. Aspirants, who are novice in the franchise arena, get carried away by the dazzling tricks of franchisors quite easily. To avoid such unfavourable situations, franchise research is a must for aspiring entrepreneurs. It will help them in safeguarding their ...

Share
Trends

Franchising: enticing offer for all

Opportunity India Desk Sep 29, 2017 - 4 min read

With unique business opportunities alluring the youth, it is not uncommon to find the aspirants entering the business arena for achieving instant success. Owning a business may have many benefits but seldom guarantees cent per cent success. However, such shortcoming is greatly reduced in franchising. The concept of franchising is based on a tried and ...

Share
Trends

Area developers, franchisors share symbiotic relationship

Opportunity India Desk Sep 29, 2017 - 4 min read

Area developers, also referred to as regional developers, master franchisees and area franchisees, are the best resources for localised support, immediate actions, creating brand awareness, and cracking tough markets. Majority of the franchise organisations turn to them to expand their systems. These individuals are of great help in building brands and creating awareness in a ...

Share
Trends

Ideal location spells franchise success

Opportunity India Desk Sep 29, 2017 - 5 min read

To see a business failing or not doing well is a common occurrence in the world of business. The franchising arena is also not safeguarded from failures. In failures, the franchisees may blame their lack of expertise, inefficiency of their employees and many such reasons. However, one major factor which is responsible for any business ...

Share
Trends

Fresh beginning for resold franchises

Opportunity India Desk Sep 29, 2017 - 4 min read

‘Franchise resale’ is a concept in which an existing franchisee sells out his franchised outlet or store with the permission of the franchisor. This reselling by a franchisee can be attributed to various reasons like non-profitable condition, lossof interest by the franchisee, health related problems, sudden demise of the franchisee, or if the franchisee is ...

Share
Trends

Promote smartly to invest profitably

Opportunity India Desk Sep 29, 2017 - 4 min read

Entrepreneurs invest huge amount of money in taking up a franchise of an established brand. They plan their franchise budget keeping in mind the franchise fees, royalties, good infrastructure, equipments, and stock. However, majority of these entrepreneurs forget to consider an important investment in the form of promotion of the franchised outlet at the franchisee ...

Share