A Dose Of Realism - Franchising A Business v/s Independent Business Ownership
- 5 Jan 2022
Let’s face it we all have worked a job that takes a heavy toll on life. You constantly feel you are not fit for the traditional 9-to-5 grind. Still, many of us find it challenging to leave the job. But imagine being your own boss. When you want to be in charge of your own life.
WHEN AGENCY PROBLEMS ARISE
- Dec 2020
A successful franchisorfranchisee relationship is the result of a clear understanding of dynamics between the franchisor & the franchisee and the agency problems that may arise. Often brands and franchise owners have an understanding gap in this matter. How to simplify the relationship?
STRATEGIZE YOUR FRANCHISE SUCCESS
- Nov 2020
The Indian franchise market undoubtedly has immense potential. However, often the reasons for success and failure are a culmination of things that are ignored by a majority of brands or investors. This is the reason why only 20% of franchise businesses succeed.
WHY DO FRANCHISEES FAIL?
- Oct 2020
Not all franchisees succeed even if they start on the right foot. And there are some specific reasons why this happens.
Franchise Sector Expected To Outpace Indian Economy-wide Job Creation In 2021
- Oct 2020
Businesses &its related industries are invariably bound not just by their economic responsibilities but also to.
Implications of ‘Agency Theory’ solutions in franchising
- Sept 2020
The dynamics of a franchisor-franchisee relationship is dependent on two major factors- ownership & risk sharing. Both of these factors are mutually inclusive.
Franchising: This is My Design
- Sept 2020
Franchising is essentially a highly flexible strategic model for businesses looking to scale up operations. The probability of success in such a scenario is highly dependent.
Building A Strong Foundation
- Sept 2020
Any business, to look at it from a long-term perspective, has to be sustainable while being profitable. And when it comes to franchising, what are the key ingredients of success.
Franchised vs Individual Businesses
- Sept 2020
The world of entrepreneurship is one of the most socio-economically diverse ecosystems created by man. By virtue of this, it continues to grow .The matter of.
Can Franchising Be The Solution To India’s Unemployment Challenge
- Aug 2021
India tops the list of the fastest growing economies in the world for the coming decade and is projected to grow at 7.9% annually, ahead of China and the US,according to a Harvard University report.
The Picasso Theory
- Jul 2021
I have been asked by many people what franchising is all about and what is the best way to go about it. Franchising is like an art piece. It is like a painting. It has to be perfect.
Franchising is all about economies of scale
- Jun 2021
In India, every three out of four adults are considering a path towards skewed towards entrepreneurship. The Indian millennial is not questioning his ability to do it.
Looking For A Franchisee - Do This Lithmus Test
- May 2021
The success of your business depends on the selection of the right franchise partner.
How Do You Recruit A Quality Franchise Partner?
- Apr 2021
The selection of quality franchise is the ‘single most differentiator’ in making the franchise system work.
Defining the franchising formula
- Mar 2021
Franchising has indeed come a long way in India. It contributes USD 4 trillion to the world economy and around USD 35 billion to the Indian market. But still it is far from having become a mature industry.
Value Creation as Important as Product Creation
- Feb 2021
If you ask yourself why a business would suffer just because demonetization happened, you will realise that it was not a problem of cash but a problem of business.
4 Ps To Transform Your Business From Good To Great
- Jan 2020
A journey from Good to Great calls for change of approach and let year 2021 take you to the Level next as an enterprise.
Building a new India
- Dec 2020
Change is the only constant in a dynamic economy, which India is currently. Buying a franchise could be the best decision you make in the Indian environment today...Read more
Entrepreneurship is a Calculated Risk
- Oct 2020
Nowadays, entrepreneurship has become a career path to follow and it is more glorified around this guy who will jump off a cliff and then learn the way things are done.
Four pillars of success
- Sep 2020
In India, every three out of four adults are considering a path towards skewed towards entrepreneurship. The Indian millennial is not questioning his ability to do it.
Franchise Code of Conduct for Change
- Aug 2021
The science of franchising demonstrates valuable lessons in leadership. Change and innovation are the DNA of every business system in today’s world and the franchise systems are no different.
Making An Easy Transition
Franchising as a distribution strategy is rapidly growing and one part of this can also be attributed to small business owners, who are converting their current stores, or businesses into a franchise ownership..Read more
- Jul 2021
Funding Trends for Franchise Companies in 2020
Evaluating franchise brands for funding and investing in franchisors is increasingly becoming a private equity norm in India. Though handful, these funding entities understand franchising...Read more
- Dec 2020
8-8-8 Indian Franchise Ecosystem
In the last 19 years of my involvement in the growth of the franchise industry, I have seen the franchise fraternity acting more like a catalyst for change in the entire business ecosystem not just in India but all over the world...Read more
- Nov 2020
Diversity of a Nation can be bonded through Business Opportunity
The socio-economic factors, geography, culture, caste, creed, color, conviction, cuisine, costume and custom have all made India look Diverse commonly making us as many countries in one...Read more
- Oct 2020
The Rise of Micro Entrepreneurship
Alook outside the corporate office of Mahindra Group on a regular day in Mumbai would be of an array of about 12 barber shops stacked in a neat row, with a two-seater or few more chairs and all busy servicing their ...Read more
- Sep 2020
15 Mega Trends in Franchising
WITH democratisation of entrepreneurship, there has been emergence of businesses that did not exist till few years back. These businesses are premised on simple, affordable and convenient innovation...Read more
- Aug 2021