REQUIREMENTS TO START A FRANCHISE BUSINESS IN INDIA
Are you a business owner who want to start your own franchise business in India ? Then you need a franchise consultant who can tell you exactly about the requirements to start a franchise business in India. In the franchise business model a person don’t have to worry about brand expansion, hiring and staff management. So let’s discuss about franchise business in India in detail.
WHAT IS FRANCHISE BUSINESS IN INDIA ?
Franchise business model is a system in which you uses a brand name of someone who established his/her company as a source of remarkable profit and this someone is called franchiser. The franchisor helps you in setting up your business from ground level. He/she helps in marketing, hiring, staff management and so on. If you want to own a franchise then you have to pay a franchise fee to franchisor.
BASIC REQUIREMENTS TO START A FRANCHISE BUSINESS IN INDIA
- PROPOSAL DISCUSSION
- SHARING OF DRAFT AGREEMENT
- MEETING AND SIGNING OF FORMAL AGREEMENT
- KICK STARTING THE OPERATIONS
- STORE LOCATION
- HIRING AND TRAINING THE STAFF
- MARKETING
- LAUNCH
PROBLEMS WHEN YOU START YOUR OWN BRAND
- If you start your own brand from scratch you will face competition.
- marketing and staff management in your own brand.
- Generating a stable source of income for your own brand.
FRANCHISE MODELS IN INDIA
- FOFO MODEL
- FOCO MODEL
- COCO MODEL
HOW FRANCHISE BATAO CAN HELP YOU ?
Franchise Batao is a Top Franchise Consultants in India. If you want to start your own franchise business in India at low investment then You can also visit our upcoming event to collaborate with brands on 3rd July 2022. Click here for more details about that event. If you have any queries regarding how to start a franchise business in India then drop a comment below.
Franchise Batao is organizing an expo so that small business owners or people who want to start their own franchise business can get a platform to collaborate with brands. This franchise expo is going to held at jaypee siddhartha on 10th july 2022 from 10am to 6pm. If interested then contact us directly at 7827719099.
