business

Franchise Business

20 point Checklist before you start a franchise business

Utpala Ghosh Sep 29 2017 - 4 min read

1.Credibility of the brand - A credible brand should be around for at least five years or more. Find out how long has it been franchising. In case it is the subsidiary of another company, research well about the parent company. 2.Financial Stability - Reviewing recently audited financial statements will reveal their exact financial stability. 3.Core ...

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Franchising

Tier 3 and other smaller cities becoming more franchise savvy

Ekta Sharma Sep 29 2017 - 4 min read

Smaller cities are undoubtedly India’s fast emerging business locations. With the massive acceptance of franchise model across industries, even the Tier 3 and below cities have gladly started moving ahead with franchising. With the benefit of low rentals and easy availability of employees, these smaller cities have become top preference of franchisors besides the Metros. ...

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Advisory

Reap benefits of experience

Neha Malhotra Sep 29 2017 - 2 min read

Experience brings along with it benefits in ways which may be unknown to you unless they surface. Especially in a business, experience always comes handy. If as a franchisee, you already have experience in the respective realm it will make the carrying out of the operations simpler.Handle daily hassles effectivelyDaily hassles are a part of ...

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Business Plan

How to write a business plan?

Nibedita Mohanta Sep 29 2017 - 3 min read

‘Failing to plan is planning to fail’, this proverb speaks volume about the importance of planning in every sphere of life.For setting an empire of business, where one is going to spend energy, money and time, business planning plays the only important role here. A business plan is the living document of the idea, which ...

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Multiunit Franchisee

Turning your franchise into a multiunit territory

Ekta Sharma Sep 29 2017 - 3 min read

Who doesn’t like the tag of a multiunit franchisee? It takes immense determination and planning to take the count from one to five six and more. How many franchisees start with one store and then turn into Multiunit franchisees? What is the secret of their success? Let’s know more on the challenges and tasks involved ...

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