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Gaurav Marya Sep 29 2017 - 4 min readThe High margin restaurant business has caught business flurry in the last 7-8 years and has witnessed a gigantic shift from unorganised eateries to organised food joints with chain restaurants and franchise systems,which is now further matured to specialised food chains and now getting personalised with on-demands food of subscription based models.Eating out has become ...
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Gaurav Marya Sep 29 2017 - 4 min readA look outside the corporate office of Mahindra Group on a regular day in Mumbai would be of an array of about 12 barber shops stacked in a neat row, with a two-seater or few more chairs and all busy servicing their customers. Such micro-entrepreneurship in India is commonplace -from tea stalls to food markets, ...
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Gaurav Marya Sep 29 2017 - 5 min readWith democratisation of entrepreneurship, there has been emergence of businesses that did not exist till few years back. These businesses are premised on simple, affordable and convenient innovations that use fewer resources and are finding advantage over incumbent companies with business models that either promise lower functionality at a lower price point to the industry’s ...
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Gaurav Marya Sep 29 2017 - 4 min readTHE FRANCHISORHas the franchisor been in business long enough or has earned a good reputation?Have you checked with industry bodies and bankers to find out about the franchisor’s business reputation and credit rating? Does he has a good reputation?Is the franchisor financially stable to carry out its stated plan of financial assistance and ...