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Franchise india business opportunities
1.
2. What is Franchising?
• Franchising:
– Is NOT a business or an industry.
– Is a method of distributing products and services to
consumers.
– Utilizes a network of local owners (“locally owned and
operated”) operating under a shared brand.
• Franchisees:
– Pay the franchisor for the right to do business under
the shared brand
– Operate under a specified, controlled business method
or format
• Franchisors:
– Provide significant initial and on-going support
3. Advantages & Disadvantages
for Franchisee
Advantages
• Proven System
• On-going support
• Training
• Constant Improvements
• Purchasing Power
Disadvantages
• Following someone else’s rules
• Upfront fee
• On-going royalty
• No guarantees
5. So how do you find the right business?
Determine what you want the business to do for you
Inputs:
• Experience
• Finances
• Time
Goals:
• Lifestyle
• Professional
• Financial
Business
If you only consider things you
“like” or have done before, you are
boxing yourself in
6. So how do you find the right business?
Determine what you want the business to do for you
Inputs:
• Experience
• Finances
• Time
Goals:
• Lifestyle
• Professional
• Financial
Business
If you only consider things you
“like” or have done before, you are
boxing yourself in