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Showing posts from August, 2019

The Scope for Franchise Business Opportunities in India

Franchise business is a kind of business model where you lease the right to use a company’s business model, brand name and the product for a specific period of time. To acquire this right, you should have to invest a small capital and sign a deed by disclosing all terms and conditions. The franchise business has the highest chance of getting success because the brands have already reached the market and have loyal customers. Franchising is one of the most successful business models and it is growing very rapidly in India. Many International brands have established a strong presence across India. Many good Indian brands are looking to expand their outlets. Low cost business opportunities that are the top picks across the sectors as well as markets. Indian economy is driven by SMEs which constitutes 33 percent of manufacturing and 67 percent of service and retail. The service and retail segment is expected to be 80 percent by the time it is 2020. And it is this segment pa...

Benefits of Buying an Authorized Franchise Agency

In a franchise business, the franchisor provides a developed way of doing business, ongoing guidance, systems and assistance in return for periodic payment of fees and/or purchases. The main purpose of business is to earn profits and business expansion, creating the own niche in the industry. The high ROIs are always welcomed along with other business perks. Advantages of buying an authorized franchise agency. 1)  Brand recognition Branding is a very powerful component in business. According to the online dictionary, brand recognition is a marketing concept that shows customers’ knowledge of a brand existence. To open a franchise offers a brand which has already established and people are familiar with. A national franchise consulting and marketing firm, works with franchisers to help them sell to prospective franchisees and to refine their brand 2) Lower Risks for Failure   Entering in an industry, the most important thing for entrepreneurs is the lo...