Tag: Business Opportunities
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Mikel Coffee Company: a Coffee that the Old Gods praise.
The year was 2008. In the peaceful city of Larissa, people comfortably went about their businesses. As far as an average onlooker was concerned, it was business as usual. And yet, the serene, mild Greek weather was in stark contrast with the storm raging within a man who was about to change the Greek coffee…
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Stories from Franchise Land – The Subway story
A guy named Fred Deluca, looking for some funds to get through his medical tuition fees, borrowed $1000 from a friend named Peter Buck to open a sandwich shop in Bridgeport, Connecticut, in the year 1965. The name of that shop was Pete’s super submarine, and a year later, there was a holding company formed…
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What’s in a Name : The power of brand value in franchises
In a world where businesses come up like mushrooms, the primary asset of any future franchisor is their brand value. A customer’s decisions hang on the brand’s recognition and awareness, where they would like to spend their disposable income. For a brand, owners and the local franchise runners aren’t the brands but the product’s quality…
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franchise sale growth: Top 10 pointers you are missing out upon
Any franchise needs marketing support to grow their sale, expand their visibility, and attract more customers. This blog-post would aim to explain the strategies that tackle the complexities of the market and how one would become a well-marketed chain. Marketing of a franchised business is a challenge as compared to other organizations. There is a…
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Top Franchises 2020: An evaluation
Often when craving for something real quick, you make a pit stop and purchase your coffee or snacks from some known brand that you have visited before in some other city. In all likelihood, you are visiting a franchise shop, for example – McDonald’s, Subway or, Dunkin’ Donuts. When an entrepreneur takes up the logo, business name…
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Unconventional food franchise in Mumbai
Good food is one of the many inherent things imbibed in the Mumbaiya-culture. However, present-day Mumbai is somewhat overshadowed by the presence of magnanimous brands, but the essence of this food culture is in the lesser-known, obscure, spicy, and tasty foods that are on offer. Any food item must be tested on the quality of…
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Tricks of the trade: ultimate checklist for new franchisor
The expansion of business is the first thought that comes to the entrepreneur’s mind who has established and made it decent in whatever field he/she has started his/her operations. Business can be expanded either by opening up a company-owned outlet or by offering franchisees. It is recommended to the businessman starting to franchise for the expansion. Franchising…
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Franchise Management Software: An Introduction
Franchisee business is a two-fold retail model in which one party (the franchisor) allows to use their brand name to the other party (franchisee) on specific terms and conditions and clauses regarding the agreed-upon revenue sharing between both parties. The franchisee uses the business model of the franchisor to widen its customer base. This franchising business…
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Top franchises to open in tier 2 cities
The Indian market is a vast and mostly untouched market from a global perspective. New urban cities are developing with new middle classes and new consumer base for the products and services. The primarily untapped market has made India an attractive destination for businesses to invest globally. Around 30 to 35 per cent of growth…
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Business meets religion: franchise opportunity in Tirupati
Religion has a very important place in India, and it duly affects a large part of our lives. The majority of India practices a polytheistic religion, and therefore it has a great deal of sacrosanct or religious places. These religious places often accumulate millions of followers of the deity enshrined there. Tirupati is one such…