how to start franchise business
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Ramanjit Kaur Sep 29 2017 - 4 min readThe relationship between a franchisor and his franchisees can be an analog to a parent-child relationship. As parents teach and train their child the practicality of life, similarly in franchising the franchisor teaches and trains his franchisees about the franchise concept. The aspiring entrepreneurs are naives just like infants who are totally dependent up on ...
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Abha Garyali Sep 29 2017 - 5 min readFranchise business is impossible without Intellectual Property Rights, as they are inborn to a franchise. These Intellectual Property Rights constitute trademarks, designs, patents, copyright and trade secret. Trade secrets imply confidential information with a commercial value by virtue of being kept secret. Violation of Trade Secrets Any information or formula related to finance, technology, marketing, ...
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Abha Garyali Sep 29 2017 - 4 min readFranchising has recently emerged as the most lucrative business proposal. It has not only engulfed the ex- corporate executives in its fold, but also provides opportunities to a large number of executives being laid off by the MNCs. This diversion of white collar executives to entrepreneurship has really given a boost to the franchise industry.Supporting ...
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Ramanjit Kaur Sep 29 2017 - 4 min readConsidering the increasing ratio of Indian youth opting for franchise career during the past few years, it would not be wrong to state that franchising has evolved as a profitable career option. The franchise industry in India is growing tremendously at the rate of 35 per cent per annum. The growth in franchise industry can ...
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Ramanjit Kaur Sep 29 2017 - 3 min readFranchisors often use glossy brochures and slick presentations to persuade aspiring entrepreneurs take up their franchise. Aspirants, who are novice in the franchise arena, get carried away by the dazzling tricks of franchisors quite easily. To avoid such unfavourable situations, franchise research is a must for aspiring entrepreneurs. It will help them in safeguarding their ...