Innovative ideas in franchising
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Vaishnavi Gupta Jul 23 2020 - 7 min readInnovation is essential for business growth, and being innovative must be a shared responsibility across the organization. The leading franchises of the world were built on innovative business models and have had to constantly adapt to stay at the top of their game. Here we present some diverse opportunities with all of them being strategically ...
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Nikita Arya Apr 05 2019 - 3 min readTo many investors, a new business may seem a risky bet to invest the money. And investing on a franchise business is quite appealing to them as it has lesser risk factors. In franchising, the franchisee buys the rights to market and distribute the goods and services of the franchisor’s company and use its business ...
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Shahram Warsi Nov 28 2018 - 2 min readOver the past decade, the Indian paint industry has recorded a major growth in paint sales due to the increased levels of income, urbanization, and education. The Indian paint market is expected to grow with over 75000 crores in terms of value for a period of FY 2017-18 to FY 2022-23, on account of change ...
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Smita Nag Oct 26 2018 - 2 min readBeing stagnant does not help, especially with so many competitions mushrooming in every sector. At the Opportunity Summit2018, session moderator Joel Silverstein started the session with the statement, “Brands which don’t innovate will lose out on market share, profits and eventually die.” Once stopped innovating, it is considered that entrepreneurs have lost interest in their ...
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Shahram Warsi Aug 08 2018 - 2 min readThe industry is expected to reach USD 9.78 billion by 2022, at a CAGR of 7 percent. The growth of this market is majorly attributed to the high prevalence of hearing loss, rising geriatric population, and technological advancements in hearing aids. The last couple of years has been exciting for the industry, by becoming more ...