Different Types of Franchise Models

FOCO

In FOCO the franchiser gains more profit than the investor. Basically, every business model should be above the rate of investment forecast or above it. For franchiser, who is investing Brand name in models other than FOCO is always on a stake as a franchise can practice unethical and unprincipled act. The Standard operating procedure and values which any company wants to retain can be ignored by the franchise for minimal profit. It is a risk-free model. We at selectdine.com choose the best model which would the investor and the franchiser is looking for.

FOFO

This model is adopted by companies for faster expansion of business/brand presence and to penetrate completely new markets with the help of local businessmen. In this model the training of staff, initial store setup is done by the Company and handed over to the Franchise to oversee the operations and maintain standards-based on SOPs set by the Company. Then on the operations are independently managed by the franchisee. The Franchisee pays a licensing fee as per the agreed terms to the Company. Surprise and scheduled SOP audits are done by the Company to ensure high standards are maintained. When Franchise fails repeatedly in audits, the Company either levies fines or pulls out from the contract eventually closing the franchise.

COCO

The Company Owned Company Organised franchise businesses are better run. These are primarily run by the franchisor itself and a franchise partner only puts in a stake in the property. The best part is that the franchise gets a guaranteed return and does not have to engage in its daily running. The only thing required is an investment. CoCo actually offers franchisees the unique opportunity to profit from an established and well-loved brand

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How to Safeguard Franchise Fraud

The case of buying, owning, and operating a franchise can seem quite compelling: You, at least in a sense, own your own business, but you are not alone during the operation. The product or service has already been fully developed; it's simply up to you to offer the product or service on your own terms.
There are people out there offering fraudulent opportunities; and while you may think that it could never happen to you, fraudsters are getting more sophisticated in their methods of deception. What is Franchise Fraud?Common forms of franchise fraud include misleading and fraudulent sales practices used to entice prospective franchisees to purchase and invest in a franchise. Misleading sales tactics can come in many forms. One of the more common forms of fraud in the franchise arena is the making of false or misleading statements about projected financial performance. It is, in fact, unlawful for a franchiser to provide any representations of potential or actual financial performance…

Own The Pulao Bowl in 10 Lakhs

The Pulao Bowl is a premium brand which is currently franchising in India. The Pulao Bowl headquartered in Hyderabad was established in 2017 and since then operates ten outlets across India. The Pulao Bowl has various types of outlets that you can open if you choose to invest, which includes both sit-down and quick service models.

The brand additionally offers operating manuals, expert guidance from head office, billing systems, and on-field assistance for the franchisee. Offering a high-profit margin at a low investment cost along with excellent support, you can own The Pulao Bowl in 10 lakhs, should you choose to invest.

To know more about this brand’s investment details, visit our website.

How to start a Restaurant?

At this point, I am guessing that you want to open a restaurant — and you have opened multiple tabs on Google that answer this question, asked questions on Reddit and Quora and are trying every bit to make sure you can gain as much information possible in a limited amount of time. I assure you, you can stop here. Here is everything you need to know about starting a restaurant/café in India. Without further ado, let’s dive right into what we will be looking over in this article. Step 1: Develop an IdeaYou need to have an idea of what you want to be doing. Are you going to start a sit-down restaurant? Are you going to start A café? Or, are you going to start a fast food joint? Alternatively, are you thinking about a specific type of cuisine? Maybe you like Italian cuisine but feel that the Mexican cuisine might run a better business. Perhaps, you just want to offer Indian cuisine — that is totally fine, but you need an idea. These are just some general ideas to get started with before pr…

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