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Showing posts from February, 2020

Crucial Things to Do When You Visit Franchise Headquarters

Some franchisers hold their Discovery Day toward the beginning of the process. Personally, I’d rather see would-be franchisees be invited to headquarters  after  they’ve learned a lot about the concept and have spoken to franchisees. That said, if you really like the franchise opportunity, and you can afford the travel expenses ( and the franchise business !), you’re welcome to go. It’s your choice. 3 Crucial Things to Do When You’re There 1. Come prepared.  Put together a “burning question” list. These are the things you  must  find out before you personally say yes to becoming a franchisee of the specific franchise opportunity. The good news is you’ll usually have an opportunity to ask several people your questions. That’s because most Discovery Days include short meetings with all of the department heads. 2. Insist on having 1-on-1 time with the founder/CEO.  The best way to make it happen is to have your franchise development representative arrange it. Many franchise

Own Swissbell Creamery in 5 Lakhs

Swissbell Creamery is a premium brand which is currently franchising in India. Swissbell Creamery headquartered in Aurangabad was established in 2018 and since then operates five outlets across India. Swissbell Creamery has various types of outlets that you can open if you choose to invest, which includes both cafe and kiosk 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 a Swissbell Creamery in 5 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website here .

Putting Together a Marketing Strategy for Your Franchise

People like doing business with other people, particularly in their own communities. While your franchiser may manage national marketing campaigns, it’s your job as the local franchise to handle any local marketing initiatives. Any marketing you provide should focus on humanizing your brand to your local community. Here are a few ways to do that: Build a Local Website for Your Franchise You need a local website with a customized presence that is specific to your customer’s location. This should: Maintain a consistent look and feel: It’s important that you maintain a consistent appearance with your franchiser’s brand website but also have any pertinent local information for your franchise. Make sure you include any location and contact information that is relevant to people within your community. Take Advantage of Email Marketing Email marketing can be three times more effective than social media at converting customers. “80% of retail professionals indicate that email

Own The Wadapav Cafe in 15 Lakhs

The Wadapav Cafe is a premium brand which is currently franchising in India. The Wadapav Cafe headquartered in Pune was established in 2001 and since then operates seventy-five outlets across India. The Wadapav Cafe 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 Wadapav Cafe in 15 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website  here .

11 Key Steps in Opening a Franchise: An Overview of the Major Franchise Buying Stages

Opening your own franchise business is a BIG step for those who choose the venture — and it can be somewhat intimidating. 1.   Self-evaluation:  what appeals to you about opening a franchised business? Are you ready, willing and able to work long hours, including weekends and holidays (especially in the beginning)? Can you commit to following pre-determined business methods with very little variation, if any variation at all? Can you accept paying a portion of your profits to another entity (the franchisor)? Are you comfortable with the reputation of your business being largely dependent on the franchise’s network and not just your business unit? Furthermore, how much of your personal cash are you willing to part with to establish the business? Unless you’re fortunate enough to have enough money personally, do you have adequate assets (savings accounts, real estate, securities, etc.) to secure a loan? 2. Pick a franchise consultant to assist you (optional):  despite all

Own Kallyfso Cafe in 7 Lakhs

Kallyfso Cafe is a premium brand which is currently franchising in India. Kallyfso Cafe headquartered in Pune was established in 2017 and since then operates four outlets across India. Kallyfso Cafe has one type of outlet that you can open if you choose to invest, which includes standard model. 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 Kallyfso Cafe in 7 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website here .

Young Entrepreneurs Make Good Franchisees

The younger, career-age population right now is definitely ready for business ownership. And they are pushing their own limits as franchisees and young entrepreneurs. Starting a business may seem an unachievable goal for anyone, but young entrepreneurs are making franchise ownership one way to realize their dreams. For those who have only been out of high school for a decade, there are some striking traits that make them particularly suited to entrepreneurial endeavors. Fearless Start-ups Most people under the age of 25 view entrepreneurship and business ownership as the primary way to attain financial security and get ahead. To that end, this group has a great drive and desire to succeed or even fail as a step to longer-term success. I’ve never seen such creativity and willingness to try various approaches and ideas. The fear of failure, while there, is viewed more as a lesson to be learned, and young entrepreneurs seem to pick themselves up and start anew better than generati

Own a Lassi Factory in 6 Lakhs

Lassi Factory is a premium brand which is currently franchising in India. Lassi Factory headquartered in Coimbatore was established in 2016 and since then operates seven outlets across India. Lassi Factory has various types of outlets that you can open if you choose to invest, which includes both kiosk and outlet 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 a Lassi Factory in 6 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website here .

A Look at How Franchises Impact the Economy

Many people do not realize how frequently they patronize franchises. From restaurants to hotels, the franchise industry is widespread and thriving. Across the country, there is a wide variety of franchised businesses with over 300 different categories of products and services offered. One in seven American businesses is a franchise and there are currently close to 3,400 franchise brands in the United States. Franchised businesses are a part of a growing trend in the United States that has a positive impact on the national, state, and local economies. Revenue Generated by Franchises One of the many benefits of purchasing a franchise is the easily recognizable name, logo, and products or services. Independently owned and operated businesses must work twice as hard to make a name and positive reputation for their brand. They must also put more effort into their marketing campaigns. Franchises have the benefit of a parent company that provides the franchisees with a broader s

Own Cream and Fudge in 25 Lakhs

Cream and Fudge is a premium brand which is currently franchising in India. Cream and Fudge headquartered in Bangalore was established in 2006 and since then operates fifty outlets across India. Cream and Fudge 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 a Cream and Fudge in 25 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website  here .

The Benefits of Franchising: What are the Advantages to Being a Franchisee?

It’s no surprise that many people considering opening a business of their own turn to franchising as there are a number of advantages to joining this industry. The main benefit of becoming a franchisee is that the business will have an established product or service. In franchising, someone has already done the work of developing and establishing a viable business system. Rookie mistakes will likely have already been ironed out. Part of that established business system is another large benefit of franchising: the brand. Whether it’s on the local level, international level or somewhere in between, the branding of a franchise can serve as an advantage before and after you invest. Familiarity can help you develop a customer base because of potential patrons through a pre-existing knowledge of what to expect from that brand. Other common benefits to franchising include: Access to training programs for franchisees before they open their business. Many franchisers also of

Own Meat and Eat in 12 lakhs

Meat and Eat is a premium brand which is currently franchising in India. Meat and Eat headquartered in Bangalore was established in 2013 and since then operates two fifty outlets across India. Meat and Eat 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 a Meat and Eat in 12 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website  here .

Is Online Financing Right for Your New Franchise?

New franchises look for funding from various sources, even if only as a back-up for the inevitable ups and downs of business. Fortunately, franchisers regularly have financing plans for new franchisees. These arrangements often cover the franchise fee or necessary equipment to run a franchise. But franchisers also manage their own risk, and will not provide operating capital for a new business, so you’ll have to look to fund this independently. Usually, new franchisees will use retirement funds, personal savings, credit cards, and family to help fund an initial start-up. These days, traditional banks are wary of new business ventures, so qualifying is difficult, especially when there is no business history to show. With business plans unproven, many new franchise owners will consider on-line financing. The positives of considering online financing are several: Online loans are usually faster — at both providing a response and at funding the loan. Even the application may take

Own thancos Natural Icecreams in 11 Lakhs

Thancos Natural Ice creams is a premium brand which is currently franchising in India. The Chocolate Room headquartered in Bengaluru was established in 2006 and since then operates seventy-eight outlets across India. Thancos Natural Ice creams 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 Thancos Natural Ice creams in 11 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website here .

4 Benefits of BBB Accreditation for Your Franchise

The BBB evaluates businesses on their character. Franchises who build trust through honesty in advertising, for example, are valued. Honoring promises in the form of performing under contracts and agreements is important. Being responsive to complaints and resolving them in an equitable fashion is particularly important as is protecting client privacy through standard data security practices. When a company builds trust, they are rated by the BBB based on their integrity. Assistance in Resolving Disputes . Because customer satisfaction is primary to the BBB’s measurements, businesses must be diligent in resolving complaints. As an accredited franchise, the BBB offers assistance and mediation for complaints and conflicts. Utilizing this benefit helps ensure that resolution comes in a timely manner so that a high BBB rating is maintained. Improved Focus on Quality . Once rated and accredited, a franchise is more likely to focus on maintaining a favorable rating. The attention to t

Own SuperLean Meals in 30 Lakhs

SuperLean Meals is a premium brand which is currently franchising in India. SuperLean Meals headquartered in Hyderabad was established in 2018 and since then operates one outlet across India. SuperLean Meals has one type of outlet that you can open if you choose to invest, which includes QSR FOFO model. 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 SuperLean Meals in 30 lakhs, should you choose to invest. To know more about this brand’s investment details, visit our website  here .

Would Delivery Work for My Concept?

 Delivery –of all things– is a hot topic. Consumers demand it and the market has  responded by offering several delivery options, from independent delivery companies to national firms.  Identify and define your delivery area .  Know where you want to go and where you don’t. When determining and defining your delivery area, consider your food and how it travels, and how long it can stay hot in a container. Typically, a good place to start, based on your location, is within five miles of your restaurant. You don’t want to go too far if your food doesn’t hold up to the elements of travel. Keep in mind traffic patterns, times of day and staffing levels if you’re using in-house drivers for delivery orders. If working with a third-party service, let them know your delivery area and make sure everyone knows and understands the parameters of your delivery area.  Determine your delivery strategy .  This means deciding whether you want to do in-house deliveries or work with a third-pa