tips for franchisors
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Ramanjit Kaur Sep 29 2017 - 3 min readOne cannot deny the fact that a business through franchising is like an icing on a cake. This is because franchising gives an entrepreneur or an aspirant franchisee with excessive leverages. But with such leverages also comes responsibilities. As Shahnaz Husain, Founder, Chairperson and Managing Director, says, “The franchisee enjoys several benefits of being associated ...
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Pallavi Majha Sep 29 2017 - 4 min readIndian business market appears to be quite ripe for the big brands to expand. This can be attributed to the fact that lots of international brands have made their presence felt in Indian markets and Indian brands are also graduating to their next level to match the standards of international brands. To add to these ...
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Ramanjit Kaur Sep 29 2017 - 3 min readFranchising undoubtedly is a remarkable way to expand an existent business. A great deal of effort goes into building a strong franchise system. As Donald Boroian, Chairman and CEO, Francorp, US says, “Franchising a business is like giving birth to babies that need complete care to grow.” It is another way to expand and multiply ...
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Abha Garyali Sep 29 2017 - 4 min readIn spite of having a great franchise concept and a well furnished outlet, many franchisees have tasted failure. What can be the cause of failure when the franchisee had followed all the guidelines by his successful franchisor? One of the major reasons for his failure can be attributed to his weakness in customer or client ...
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Ramanjit Kaur Sep 29 2017 - 5 min readExpiration or termination of a franchise agreement is a common course of action for every franchise business. Though franchising is undoubtedly a profitable venture for an entrepreneur to take up and an easy mode of owning a business under a well recognised brand name. However, it involves lot of complexities and legal issues. This is ...