How to franchise
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Nikita Arya Aug 22 2019 - 3 min readA franchisor hands out his/her brand to prospective franchisee – someone who is completely unknown to them. You cannot expect fullest dedication from someone who is unknown to you is not a very good idea until and unless you extend help to them in the first place. This is how a franchisor-franchisee relationship nurtures – ...
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Shahram Warsi Jul 23 2019 - 3 min readIncreasing footfall is a crucial part of a franchise-based business, especially when it's about assuring great results in terms of profits and successful expansion of the brand. Experts say that growth in any business, including the franchise-based ones, is vital to achieve long-term goals along with maximising the profits. This might look easy on paper, ...
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Nikita Arya Jul 22 2019 - 3 min readLack of capital, struggle to find trustworthy business partner and difficult access of perfect location – these are some of the challenges of running a small business that coerce small entrepreneurs to opt for franchising as their business expansion model. Since franchisees provide the initial investment at the unit level, franchising allows for expansion with ...
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Nikita Arya Jul 19 2019 - 3 min readWhile starting any franchise business, you go through the different franchising models, and try to know as many things about the franchising as possible. In short, many entrepreneurs start their research with the franchise models. Researching about franchise models is essential too, but, the first and foremost thing that an aspiring franchisor must do is ...
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Sneha Santra Jul 19 2019 - 7 min readFranchising has become an emerging business opportunity for budding entrepreneurs. A franchise often comes with less risk than starting a business from scratch and offers franchisees an accelerated path to profitability & success. Entering into the franchising world can be a very exciting decision for a new entrepreneur. The rewards of working with a respected ...