As a consequence of the ongoing recession in global markets, India Inc is forced to review performances in various industries and take appropriate measures to tackle it. With many big organisations already downsizing, cutting costs and delaying manpower r
In a slackened economy, where the absence of laws, specific to the franchising industry in India, is slowing down the fervour of enterprise and entrepreneurship, the establishment of franchising laws will definitely be a catalyst in the expansion of this
Education as a business proposition is a very viable option, today. This is mainly because more and more schools at all levels are needed to increase the literacy ratio in our country. Setting up of any business not only involves a lot of research, but al
Until recently, people were skeptic of creating entrepreneurs through educational endeavours. Entrepreneurship was thought to be more of a genetic or intrinsic phenomenon rather than a skill which could be acquired through training. Educational interventi
Franchising has proved to be the right mode of entry for international brands into India and footwear industry is no exception. After testing the Indian waters and finding it suitable for their brand, international companies are setting up their base ther
The International Franchise Consultants Network (IFCN), a multi-national organization formed by franchise consultants and service providers from 11 different countries, has its own IFCN member offices in Brazil, Finland, France, Germany, Greece, Hungary,
Franchising is one of the most successful and powerful way to grow any business. It not only leverages the brand but also ensures profits while, simultaneously, satisfying consumers. However, there is a way to do it right and get the most out of it. One s
In continuation of the first part of the article about the importance of concept in food franchising, published in the previous issue, the second part talks about how a franchisor can maintain standardisation of the food concept across franchise outlets.