how to make franchising successful
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Nikita Arya May 09 2019 - 3 min readFranchising in India is at a very nascent stage. However, the industry is still growing with an annual growth rate of 30% with a market size of USD 7.2 billion. Amongst all the other advantages of buying a franchise, the most attractive offer that it gives to a prospective franchisee is its proven track record ...
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Sneha Santra Nov 02 2018 - 2 min readRequiring low risk and less investment, franchising offers a huge potential for scaling capabilities. With more and more people becoming more aware of the concept of franchising, the education sector in India has witnessed a great boost in recent years. Indian Education sector has seen a flux of Franchise outlets. Franchising allows people with money ...
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Shahram Warsi Sep 06 2018 - 1 min readFranchisors have a dream of making millions in no time. However, research explains that most of the successful business takes a while before becoming successful. A business usually has already spent many years before people start noticing them. Brands like Apple and Square are a great example of a steady and smart expansion, paired with ...
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Tanvi Jetly Mar 09 2018 - 5 min readFranchising has become a very lucrative option for many brands in the wellness industry. Be it beauty, healthcare, fitness or any industry in the market of wellness, franchising is being taken up by many brands to expand at a fast rate. Many big names in the market have multiplied their outlets and profits ...
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Yamini S Verma, TFW Bureau Sep 29 2017 - 3 min readThe franchise model is based on a tried and tested business idea which is already popular and successful. Nevertheless expansion through franchising requires a lot of planning, research of different markets as well as hard work from the franchisor. He needs to have high business acumen and leadership qualities to run the whole franchise network. ...