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Technology

Technology unfolds franchise opportunities

TFW Bureau Sep 29 2017 - 2 min read

Franchise model is growing rapidly for business expansion across all sectors. And technology is playing a vital role in strengthening the franchise network. Technology helps the franchisee and the franchisor to grow faster while creates a win-win situation to both the parties.Vyomo, an aggregator of beauty salon doorstep services will become a part of Naturals ...

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Advisory

Stop creating unhappy franchisees

TFW Bureau Sep 29 2017 - 2 min read

Franchisees often fail as a result of unorganised management or a badly structured business model. But there are some examples when even successful business models have failed. Here are some tips for the franchisors to make their franchisees a success.Fee structure: It should be such that it allows enough profit margins for the franchisee, and ...

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Franchise

Right investment estimates

TFW Bureau Sep 29 2017 - 2 min read

Financial commitments are required in each franchise. These initial investments in a franchise may range from the start-up cost to the on-going expenses till the company reaches its break-even. As franchising involves potentially large price tags, it is suggested to clarify yourself with the financial doubts before buying a franchise. The most significant factor that ...

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Expansion

Franchising enables easy expansion for retailers

TFW Bureau Sep 29 2017 - 4 min read

It is no surprise that international and Indian retailers complement their expansion strategies with the franchising model to cost-effectively tap into both emerging and existing markets. So how does it work? Simply put, franchising is an asset-light model that enables easy expansion for retailers. This allows the management of a large network of stores ...

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Investment

Invest in the best fitted deal

TFW Bureau Sep 29 2017 - 4 min read

Though the sector of furniture remains highly unorganised in India at present but there are a large number of opportunities for franchisees in the organised sector. With both domestic and international players foraying as organised players in the industry more and more furniture brands are mulling on penetrating into tier-II and III cities. Metros and ...

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