Trends

Trends

Imperative ingredients of franchising

Opportunity India Desk Sep 29, 2017 - 3 min read

Getting a franchise does not mean that you have escaped from the hard work and dedication, which is required for running a business successfully. Though the franchise route helps you to fetch a well established brand name, training and support in initial phases but on your part you have to put in the maximum to ...

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Truths and myths of a franchise business

Opportunity India Desk Sep 29, 2017 - 3 min read

Regardless of being a rewarding business, there are a number of misconceptions about franchise ownership. Some of the common myths about franchise are:Finding the right business: Many entrepreneurs keep waiting for the right business opportunity that fascinates them. The entrepreneur should not limit his choices to what he is familiar with or good at. By ...

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Character playingz transfer of franchise

Opportunity India Desk Sep 29, 2017 - 2 min read

The transferring of a franchise to a third party by the franchisee needs to undergo a set procedure. The transfer cannot be undertaken without the franchisor’s consent. Here is what you need to keep in mind in case you are thinking on the lines of transferring your franchise in to someone else’s hands and are ...

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Materialising you franchise dream

Opportunity India Desk Sep 29, 2017 - 3 min read

After zeroing down on the brand you wish to partner with, it is your responsibility to initiate the first move. The process of your procuring the franchise takes some time and patience. Also you should not try to speed up the process as this is the time period where you can finally make up your ...

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Perk up the footfall

Opportunity India Desk Sep 29, 2017 - 3 min read

With the advent of the slowdown a lot of stores witnessed a low on the client walk in front. People were deterring from a lot of shopping, but now with the situation taking a turn towards the good, you can do a lot at your end to bring in back the customers to shop with ...

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Code of conduct for expansion

Opportunity India Desk Sep 29, 2017 - 2 min read

Dreaming big is what paves your path to growth. So if you are thinking of expanding your business to reach out to a grater number of people, you need to be sure that you draft your expansion strategy well. A little negligence and over looking of things can bring down your business and reputation. So ...

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Unviable stores turn profitable

Opportunity India Desk Sep 29, 2017 - 3 min read

A franchisee takes up a franchise to generate profits. When taking up a franchise he might be very sure of his decision but there could be a time when he feels he can’t live up to it and that this is not his cup of tea. But as he is bound by an agreement, he ...

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Fueling factors to terminate franchise agreement

Opportunity India Desk Sep 29, 2017 - 2 min read

Franchisee pays royalties to the franchisor, expands his business, provides assistance in maximising growth and profits, and promotes his brand name. Still there are a numbers of occasions when the franchisees are terminated. Now the questions that arise are: Why franchise agreements are terminated? What are the causes responsible for this termination and what are ...

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Franchise territory cause of concern

Opportunity India Desk Sep 29, 2017 - 3 min read

A franchise is taken up to gain profits and provide a financial stability. Gaining specific territorial rights is a must when taking up a franchise to fulfil the motive of gaining profit (Though that’s not just the reason for gaining profits). As a franchisee, you need to address this issue from your end.Types of territorial ...

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New age branding exercises

Opportunity India Desk Sep 29, 2017 - 4 min read

As a franchisor, it is your endeavour to market your brand and carry out the needed branding campaigns to reach out to people. Branding exercises range from the usual ad hoc ones to much effectual and efficient ones today. Newer techniques have surfaced which aid your business just right. Read on to know the ones ...

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