Category: Start up
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Are New Franchise Brands Risky Investments? How to Evaluate Newer Franchises
A franchise and a franchisor form a partnership. The initial business i.e. the franchisor, sells the right to utilise its name and concept in the future. The franchisee purchases the right to sell the franchisor’s goods or services using the franchisor’s existing business model and trademark. Franchises are available in every sector. Though it is…
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The Money You Have to invest to have returns from a Franchise.
In India, the franchising industry is exploding. Each bazaar in India would greet you with the world’s most recognisable brands; from fashion to retail and even furniture franchises. A partnership exists between a franchisee and a franchisor. Maintaining relationships between franchisees and franchisors is crucial to the franchisee-franchisor relationship. So let’s start with the relationship…
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3 Things Changing the Face of Food Service Franchises
A franchise is a model of business in which a firm would share its marketing strategies to gain more reach as a business firm and geographically. It does so at a lesser cost and may share one of its products or maybe a brand name. A franchise can be defined as a venture which is jointly…
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Food Franchise Opportunity In India – Zoca to open 20 outlets by 2022
The food and beverage (F&B) industry in India is one of the fastest-growing in the world. With the urbanisation of many remote areas, the market is getting pretty diverse. With urbanisation and the largely young population, the fast-food market has seen a surge in its share in the last few years. According to investindia.gov.in, it…
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How much does the Burger Box franchise cost in India?
Let’s order a burger! This is the statement most of us make when we can’t decide on what to have which is neither too heavy nor too light. So, we end up ordering our favourite burger which lightens our mood and makes our tummy happy. “I’ll have a burger” is what most of us hear…
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How Will You Get Paid as a Franchise?
Before knowing how to get paid being a franchise it is important to know what a franchise is and how it works. The franchise is a business model in which a firm or a business shares its market to increase more reach as a market and geographically. It does so at a low cost and…
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How Does Bad Credit Impact Your Ability to Buy a Franchise
India is a developing economy, and the government has recognised the value of franchises in terms of innovative solutions to real-world issues and employment creation. The franchisee may produce a lot of positive outcomes for you, but it also takes a significant investment. We’ll start by learning about the franchise and practising operations. If a…
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What’s It Like To Own a Franchise? Who Controls What?
Starting a business requires you to invest a lot of time and money, and not all businesses succeed. While a startup can give you full freedom over all the decisions regarding your business, there is a lot of uncertainty involved. You have to develop the brand. Also, you will have to develop a customer base…
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Ways to Maintain Your Franchise’s Online Consumers Happy
A franchise or any business is successful only if it has good customer support. Customers are the backbone of every business. Without customers’ trust, the business has no future. The saying, “Customer is King”, is indeed true. Gaining a customer’s trust is an ongoing process and not a one-time thing. So, it is imperative to…