Tag: India

Franchised operations in India are increasing by the day. Being geographically vast and culturally diverse, India offers the most favorable franchising environment. While companies benefit by having many profit making outlets in different parts of the country, franchisees in India benefit by being able to generate good returns with little investment and risk involved. Entrepreneurs are making the most of India’s franchising market and growing economy by becoming successful franchisees. Indian franchisees can now choose from a plethora of international as well as domestic franchising companies. There are numerous attractive franchising options available in various sectors.

Ever since the franchising boom in the nineties, there have been many success stories. Franchisees in India helped many businesses grow and establish, while also gaining immensely from their business ventures. Examples of international franchises that have been successful in India include food and beverages giants such as Subway, Mc Donald’s and Kentucky Fried Chicken among others. Indian companies that have benefited from franchising include names such as Barista, MRF, NIIT and Apollo hospitals among others. It’s not just the bigger companies; smaller international and domestic companies also look for franchisees in India. The capital required for such ventures would be smaller when compared to highly reputed companies. The downside however, is that the risks are more, since you cannot ride on the popularity wave generated by the reputed companies.

Depending on your choice of business, you can either work from home or from an outside location. The initial capital you may require to start a franchising venture will depend on the type of business and the franchisor’s requirements. Most home-based franchise options are suited for work-at-home women. Cosmetics, healthcare products, services, home business household products and e-commerce ventures, make for convenient yet rewarding franchising options. Franchisors provide training and support and your business can gain from the image and professionalism of the franchising company.

Franchising allows entrepreneurs to have their own business, without many of the risks associated with a start-up business. Franchising also offers you great income and a flexible work style. But, as a potential franchise purchaser, you need to carefully consider the finances and risks associated, prior to starting your business. Read Franchise Plus to learn about the benefits, profits and risks associated with franchising in India. We help you make an informed franchising decision for a successful franchising venture in India.

Preschools are becoming popular in India, thanks to the high awareness and high income of families these days. These schools are mushrooming in metro cities and small towns alike and are providing various advantages to both the children and the parents. However, the preschool market is still huge and requires to be tapped and for better penetration, a lot many good quality preschools are looking for franchising options.

So, if you are someone who would like to work with kids and create a profitable business venture out of it, then you can contact a preschool that offers franchising options. While contacting the preschool, it is better to get in touch with brands that have made a name for themselves in providing good quality education. You can also approach some international preschool brands that are leveraging their business in India.

Moreover, franchising a preschool is an easy business option as capital investment and other requirements are much lesser. You would require a property of 2500 to 4000 sq. ft. and an investment of about 10 to 20 lakhs for renovating the property, buying furniture and other equipment required for children along with salary for teachers.

While some preschool brands provide staff recruitment and training, some do not. Also, some of them take care of the advertisements and provide you with school bags, books and the like. However, if you are recruiting the staff, then do not compromise on the quality of teachers, as their performance is essential for your business to meet with success. Also, depending on your budget, you can provide additional recreational facilities to children in your school.

So, if you are planning to start this business, then you can browse the internet and find out about the best preschools in India who are providing franchising options. You can get in touch with them and discuss the matter and to find out about their terms and conditions. In this manner, you can choose the preschool brand that you think suits your requirements the best.

Being the franchisee, you will get to know about international best practices, various teaching techniques and the like. You can also get the satisfaction of working with kids and help them learn.

Even if you do not have adequate finances to start a franchisee, you need not worry as you can avail a bank loan for your enterprise. With the rising popularity of preschools, this is considered a good business option for entrepreneurs and you can invest in this to make a profitable venture.

Are you interested to franchise a preschool? Share your views with us.

Gaurav Sharma is the author of this article who loves to write blogs and columns on his favorite topics like preschool education, preschools in India and day care school. In this article he has shared information about preschool franchise.

Franchising has emerged as a most preferred model for business expansion, as almost every business irrespective of their nature and sphere is opting for it. Franchising is one significant way in which a company can take advantage of Indias vast market and also with low risk factor involved. Till few years back, there were less options in franchise arena, but due to its business advantages entrepreneurs are being propelled to venture into exciting business concepts.

The current decade has witnessed franchising gaining newer heights and especially in the field of education. Operating a business is much safer and easier if done the franchising way. Several brands vouch for this franchise route as it is the most feasible alternative for growth in the volatile Indian marketplace. With introduction of unique concepts, people with interest in education sector are adopting franchise route for expansion.

The increased acceptance of the importance of education and the proven success of education franchising in India has led to a boom in the number of business owners wanting to expand their education brands through franchising. According to a recent survey, India is one of the largest markets for education in the world in terms of the number of students, offering vast franchising opportunities. Currently, out of the 1,200 franchises in the country, 32 per cent are in the education sector. Professional and vocational courses in the fields of aviation, hospitality, retail, etc are also being provided through franchise model. Not only this, Franchising has grown even in the pre-school sector.

The increased consciousness among parents regarding the education of their kids has given a great boost to pre- school education business. Also, the international pre-school brands foraying into India and the up-gradation of Indian brands to provide quality education is another factor contributing to growth of this sector. School Franchising is a proven business model and therefore, it is safe to opt for this business especially in case of new entrepreneurs.

School Franchising comes with a long list of benefits like training, transport, effective promotional material and advertising; everything is taken care by the franchisor. Some also provide books, uniforms, shoes, activity charts, school bags, crayons, diaries, lunch boxes and water bottles to the children. The Franchisor not only shares the brand image, but also the knowledge, experience, and technical expertise with the franchisee.

India is one country that offers various franchise and business opportunities. In today’s competitive world everyone wants to stay ahead in the race of success and for that majority of people have decided to indulge them into business. For cashing the business opportunities and to succeed in this race, franchising undoubtedly emerges as a top choice.

The food and beverage industry is gaining tremendous pace in the last few years. The health food and beverage market is projected to grow at a growth rate of about 35 per cent per annum as per a recent study conducted by the Tata Research Management Group. This growth can be attributed to the new and unique business opportunities coming up in the F&B industry. Frozen yogurt, is one of such international business concept witnessing extensive popularity in India.

Frozen yogurt is available in different flavours and offers rich experience to consumers with its delicious and mouth-watering assortment. In India, people in general consume yogurts for climatic as well as health related benefits but with hectic life style only a few can enjoy its home-made taste. Moreover with Indians getting more brand conscious, people are consuming readymade yogurt from a branded outlet. As informed by G.S. Bhalla, MD Cocoberry, When we started off there was no other yogurt outlet chain in market. The success that we have achieved has happened due to our proud franchisees. Let us have a look at few other factors which have given a boost to this unusual business concept pan India.

Boosting factors for yogurt business

Buying a flavoured yogurt franchise is comparatively a recent development in the Indian markets. However, this unique business opportunity assures success if operated efficiently. Presently, with more and more people becoming health conscious, it is considered the best food item to offer taste as well maintain health. Secondly, increased disposable income and peoples preference of eating out can also guarantee its success. Busy schedules and women working outside, leaves less time to make yogurt at home. On the other hand, with the concept of frozen yogurt pepping up consumers preferences, people are changing to tastier and healthier options of yoghurt. Another factor added to yogurt franchising is the comfort that it offers to women entrepreneurs. Women who are fond of cooking or preparing special food items can take a frozen yogurt franchise and turn their hobby to a successful business.

However, aspirants who are still undecided about taking a franchise or starting their own business of this unique opportunity need to understand first why franchising is always a better option.

Franchising of yogurt business

Though yoghurt franchise business is quite popular internationally, but is in emerging stage in India. At present, there are only two franchise brands in India, but that the concept is catching up fast among other franchise brands.

Niche segment benefits:

Aspiring entrepreneurs can cash-in many benefits of this unique business opportunity. This is due to the few franchise players in the segment who are still in the expansion mode. These players would give individual attention to the debutants as they are keen on expanding their business venture. Therefore, aspirants can get a lot of assistance from the parent company.

Low investment

The second reason for its popularity is its low cost investment as compared to other F&B outlets. As informed by Bhalla, Cocoberry Franchise Partner System starts at a low investment model depending on location and size. Low investment and higher repeat sales ensure a healthy return on investment (ROI) for franchisees.

Increased acceptance

However, brands like Cocoberry has proved its success by opening 16 operational stores, out of which 11 are franchisee owned. Kiwi Kiss, a Canadian frozen yogurt chain, better known for its juice and smoothie brand Jus Booster Juice has plans to bring their yogurt brand in India soon. This development shows the rising popularity of the unique concept in India.

Cautions while running a yogurt franchise

Every business demands lot of care and cautions. Yogurt franchise is no such exception from other successful businesses. A few precautions are given below:

Maintaining health and safety issues:
FMCG food item so it can perish in a short time.
Adhere to franchise rules in maintaining standards

To conclude, it can be said that running a yoghurt franchise is quite easy and simple. Aspiring entrepreneurs are sure to get lucrative benefits by taking its franchise now as this concept is gaining huge acceptance across the nation.

Franchising in India is growing at a faster rate in recent years and people find it more lucrative and booming. India is one of the countries that offer better prospects of various franchising and other business models. More franchising and business opportunities have popped up with the incoming of foreign corporate and institutional investors.

Being geographically vast and culturally diverse, India offers favorable franchising environment. While companies benefit by having many profit making outlets in different parts of the country, franchisees in India benefit by being able to generate good ROI with lesser risk.

Entrepreneurs are entering India’s franchising market in larger numbers. There are numerous attractive franchise options available under various sectors. Now, Indian franchisees can select from a vast number of international and domestic franchise brand names.

For foreign direct investment, currently India is comfortably positioned among the top four Asian destinations. It is oblivious from this fact that, more and more foreign companies will be coming soon and setting up their base in India. This means more lucrative franchise and business opportunities in India. The cost of hiring an employee in India is much lower than the European Union (EU) nations and USA. This is one of the major reasons, why so much work is outsourced to India and many companies are setting up their back end operations offices over here.

Franchising in India has also flourished because of the huge consumer market base that spreads across the urban population who are successful, prosperous, and thriving monetarily on this economic boom. That’s why lot of foreign players are attracted to the Indian market. For both the franchisors and franchisees, franchising in India has emerged as a profitable option. The franchisees benefit from an established brand that ensures assured income while the franchisors benefit with the vast consumer market.

India is fast emerging as a favorite destination for global franchisors, according to recent studies. In spite of the stringent licensing regime, foreign investors are coming to India because they know the pain is worth taking. Once, they get their foothold in the Indian market then they can touch the sky. A number of established brand in India are gaining name and fame from franchising and the world is benefiting from the liberalized Indian economy. The franchise option includes educational institutes, retail businesses, telecom companies and many others apart from food business.

Each and every brand and company has its own franchising concept and they are growing at a remarkable speed and you can say that there is tremendous scope in coming time for each sector. Furthermore, there are various sectors which are still untouched and hold much potential. Nowadays you can witness drastic changes taking place in sectors such as pharmaceutical industry, real estate, aviation industry, telecommunication, infrastructure, or even finance market. Thus, we can say franchising in India will be interesting prospects for all the big and small corporate houses, native or foreign, that wants to convert their traditional business into a franchise business model.

About Author :

Sparkleminds consists of franchise consultants with unparalleled proficiency in business development. The business consultancy outlines the way your business will work within your franchise system. It gives you, the franchisee, and your franchisor a clear perceptive of the terms of your business relationship.