guidelines for franchisees

Franchising Aspects

The key to franchise relationships

Dawn Stallwood Sep 29 2017 - 3 min read

Over the years, I have witnessed disputes and issues between franchisors and franchisees caused due to misunderstanding or failure of support which could have been avoided or lessened with mutual understandings. We tend to think that the most important aspect to protect in franchising is the Intellectual Property Rights (IPR) or 'know-how' of the System. ...

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Advisory

Gate-pass to franchising

Ramanjit Kaur Sep 29 2017 - 3 min read

Franchise fee is the amount of money paid to the franchisor at the initial stage of establishment of a franchise business. It is a mandatory investment that every franchisee has to make before signing up the franchise agreement. Basically, there are two types of fees in a franchise business: the franchise fee whereas royalty fee ...

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Advisory

Assess the right opportunity

Amanpreet Kaur, TFW Bureau Sep 29 2017 - 3 min read

Before stepping into franchise business, it is advisable for ambitious entrepreneurs to do their homework in advance so that it does not leave any room for rectifying mistakes at a later stage. For any individual who dreams of taking up the franchise opportunity rights, it is imperative to conduct an extensive market research so as ...

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Advisory

Cash-strapped franchisees need not fear

Abha Garyali Sep 29 2017 - 3 min read

Taking up a franchise is considered to be the best business venture for gaining maximum profits in a limited period of time. However, buying and maintaining a franchise requires huge investment, relevant knowledge and prior experience. New franchisees with limited financial capabilities or less experience face hurdles in running their outlet. With added rental expenses, ...

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Advisory

Banks: entrepreneurs desired destination

Abha Garyali Sep 29 2017 - 4 min read

Taking up a franchise is becoming a popular way to start a business. However, aspiring franchisees are hindered in their journey of success due to financial constraints. With the average investment being in lakhs, some entrepreneurs are able to fund on their own, while for others it might a daunting task. This impediment can be ...

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