Trends

Trends

Taking the IPO road: Boon or bane

Opportunity India Desk Sep 29, 2017 - 6 min read

Francorp, a part of Franchise India Group, Asia’s largest integrated Franchise and Retail Solutions Company conducted a study on the major trends in Quick Service Restaurants (QSRs), operating plans, industry analysis and pricing of Domino’s. The report elaborates on the background of Domino’s, which is now known as Jubilant Foodworks Limited, the Master Franchise for ...

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Trends

Franchise Laws: Help or Hindrance?

Opportunity India Desk Sep 29, 2017 - 4 min read

In the 1990’s, foreign franchises started coming in gradually, since then there has been a progressive entry of international franchises in India. The Government has liberalised the rules and regulations in relation to the retail industry and a boom in this sector is on its way. More and more entrepreneurs are adopting franchising as a ...

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Trends

Outsourcing HR services

Opportunity India Desk Sep 29, 2017 - 3 min read

The success of a business depends upon the ability of its work force. It is important to hold a workforce comprising persons of natural aptitude, integrity and cohesiveness. Training, motivation and coordination are the successive ingredients needed to be injected into the force to make it effective and formidable. The process is difficult and cumbersome. ...

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Trends

Should you franchise your business?

Opportunity India Desk Sep 29, 2017 - 2 min read

Before you take a final decision to expand through franchising, it is crucial for you to make an evaluation of your business whether it is franchisable or not. Business needs to be credible with experienced management, track-record over time, success rate. If it is unique, marketable as a business opportunity and can be differentiated from ...

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Optimising vendor selection

Opportunity India Desk Sep 29, 2017 - 3 min read

In a franchise arrangement, the franchisee is supposed to procure merchandise and supplies from vendor specified by the franchisor only. This is done so as to maintain standards. But in certain cases, some franchisees feel that these vendors at times over charge for certain supplies which are available for a lesser price in the market. ...

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Trends

Selecting the right franchise

Opportunity India Desk Sep 29, 2017 - 2 min read

Have you ever cherished a dream of owing a business? Your answer must be yes and why not? In fact each one of us wishes to be our own boss.Franchising provides us an opportunity to be the owner of a successful business.A large number of franchise opportunities are available in almost every industry one can ...

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Making a good first impression

Opportunity India Desk Sep 29, 2017 - 3 min read

If you are one of the aspiring franchisees and are finding it difficult to take a decision regarding the franchise, then just check out the franchisees’ and franchisors first impression. You get only one chance to leave an impression whether you are a franchisee or a franchisor. As Mr Pawan Gadia, Vice President, Ferns ...

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Trends

How to beat the economic recession

Opportunity India Desk Sep 29, 2017 - 3 min read

The recent economic recession has rendered a large number of people across the world jobless. Everyday we learn about various companies laying off their employees as a result of the economic recession. Such an economic situation pushes laid off workers to think about starting their own businesses. However, many people may feel that it ...

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Maintaining quality in franchise outlets

Opportunity India Desk Sep 29, 2017 - 3 min read

A franchisor needs to maintain uniformity and standards of quality across all his franchise chains. People know the brand and expect same kind of quality, services and ambience at each franchise outlet. Supporting this view, Mr Pawan Gadia, Vice-President, Ferns N Petals, says, “It is very important for the franchisor to maintain the uniformity ...

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Trends

Renewing a franchise agreement

Opportunity India Desk Sep 29, 2017 - 3 min read

Franchising is not a life time contract as a franchise agreement is signed for a fixed time period and with the completion of this duration the franchise agreement expires. In such a situation the franchisee needs to get his franchise agreement renewed in the event of expiry of the contract.However, this renewal process is quite ...

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