Disruption in Technologies is Changing the Picture of the Franchise Business on a Global Level: Vasil Gazizulin
Establishing and growing a business beyond different territories is a common goal for almost every entrepreneur, existing both nationally and internationally. While their intentions might be common, the strategies they opt for in doing so might vary from brand to brand.
Some entrepreneurs and brands usually spread their branches by directly providing franchises to different entrepreneurs existing globally, while others prefer to collaborate with organisations, offering complete support and guidance to franchisors – from expanding their business to growing them, especially in alien territories.
Russia based firm, Top Franchise, is one organisation that is operating in order to help several Russian brands to expand their business in India through franchising. Brands catering under segments like F&B, wellness, beauty, fashion, education, and many more are already associated with Top Franchise and would be seen in India in the near future.
While interacting with Franchise India, Vasil Gazizulin, founder, Top Franchise, talks about his views on bringing and helping different Russian brands expand in India.
Finding the Best Franchise Opportunities in India
VasilGazizulin says, “We are among the world’s largest international franchise catalogues where numerous brands are associated with. With our clear vision and motive, we are trying to help different international brands expand in different territories, helping them grow their brand’s presence in each corner of the globe.
From F&B to travel, we are having all range of franchises that can make a great impression while serving to a whole new segment and market in the modern-day competitive industry.”
Guiding New Franchisors for a Successful Franchising Journey
“For more than 5 years, our team has been helping the people willing to start their own franchise business to find the best deal. We offer more than 700 top franchises located in more than 70 countries all over the world,” adds Vasil.
Helping Franchisors find Potential Franchisees
“One of our dedicated motive as a brand is to attract the right kind of franchisees in order to sell different international franchises. In fact, the major population of our portal is promising franchisees who belong to more than 100 countries in the current time.
Our mission is to promote profitable business models around the world by providing the most recent information to potential franchisees,” highlights Vasil.
Franchising: An ever Transforming Industry
Vasil further says, “Technology has a vital role to play in the development and evolution of the franchising industry at a global level. The modern-day franchising industry is mostly about different and high-tech technologies that are and will be revamping the industry in a better manner.
“Disrupt in technologies like Artificial Intelligence, AR/VR, and internet marketplace are changing the picture of franchise business on a global level.”
Expanding International Franchises in India
If you see yourself as a potential or aspiring franchisee, then this might be the right time to enter the franchising industry. Top Franchise is planning to bring several international brands to India that can make a great difference in their respective segments.
“Jack Hiker is a backpack brand whose franchise is available at an investment of around US$ 200,000 for the cost initial. But the investment is a bit high when it’s about regions like Delhi where you must invest around US$ 300,000 for the exclusive showroom.”
Payback period: 2 months
Monthly turnover: $950 onwards
Lump-sum payment: none
Other current expenses: none