Concepts in franchising
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Nikita Arya Nov 21 2019 - 5 min readThe potential that the concept of franchising holds is tremendous. Think of a successful brand and it turns out to be franchise-operated. With its immense potential, franchising attracts business owners and aspirants towards it but many people are still sceptical about starting a franchise or operating on a franchise model. The business world is divided ...
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Francast Report Nov 19 2019 - 10 min readThe recent demographic transformation in India has led to a consumption boom, meaning that there is now an identifiable section of the population with high disposable incomes, evolving lifestyles and an appetite for western goods. In this scenario, sectors like retail, food service and health and wellness contribute almost 60% to the overall franchising industry ...
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Nikita Arya Sep 12 2019 - 3 min readWith a struggle of arranging capital and finding trustworthy business partner along with the difficulty of finding a perfect business location, it becomes difficult for a huge chunk of talent to live their entrepreneurial dreams. These are the challenges of running a small business that coerce small entrepreneurs to opt for franchising as their business ...
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Nikita Arya Aug 13 2019 - 3 min readFranchising as a concept encourages partnerships of different kinds via different models. There are certain rights and privileges granted to the franchisees for which only the franchisee is accountable and some rights are preserved with the franchisor. But what guides both the franchisee and franchisor? What defines their rights what are the rules and regulations ...
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Nikita Arya Aug 05 2019 - 3 min readThere’s no denying the fact that buying a franchise gives an individual the opportunity to become an entrepreneur in lesser investment as compared to the investment in a fresh new business. You enjoy certain privileges by becoming a franchisee – becoming an entrepreneur just by investing your money into someone else’s business idea. Given the ...