right location for franchise business
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Vaishnavi Gupta Mar 25 2020 - 4 min readSetting up shop in the right spot is a key to helping your business succeed. All of your entrepreneurial skills will go in vain if your business is not able to create a strong customer base. Studies reveal that 80% of the businesses that come up fail within 18 months of their journey because of ...
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Nikita Arya Aug 12 2019 - 3 min readIt is believed that running an independent business is quite daunting in many ways as compared to running a franchise of an established brand. However, the only brand identity that helps the franchise in growing comes with greater responsibilities to be taken care of from the franchisee’s side. One such responsibility is to find the ...
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Shahram Warsi Jul 20 2018 - 2 min readTutorial service businesses can be targeted to students of all ages and any subject. Starting a tutorial business can be a right decision if you are good at helping others in understanding a subject easily. Tutorial business can end the communication gap between teachers and students, making students fluent in their coursework. In order to ...
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Reetika Bose May 05 2018 - 3 min readFinding the right location is critical when starting a franchise. Fortunately, franchisors work closely with their franchisees to select appropriate locations, so you won’t be doing all the work yourself. After you identify acceptable locations, you need to analyze a variety of factors—foot traffic, neighboring tenants, and the demographics of the area. Before ...
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Pallavi Majha Sep 29 2017 - 5 min readA prime location makes a lot of difference to the brand. Having taken up a retail franchise of a brand, the next step forward for the franchisee is to look for an appropriate location. High streets or shopping malls are considered to be the best locations to have an outlet of a franchised brand.However, there ...