franchise aspects 2015-11-07

Know- how to franchise your business?

Every successful entrepreneur or business owner at some point thinks of expanding the operations and taking his business to a new high. Here, franchising plays a major role.

Know- how to franchise your business?

An entrepreneur can take his brand to local investors who have great neighbourhood level expertise and also to global stratum of expansion. We tell you what all key points a franchisor should keep in mind before entering actual franchising. 

Below are the key points to keep in mind before jumping in.

·  Legalities 

·  Financials 

·  Systems 

·  Training 

·  Marketing 

·  Quality Control of products & services at par

·  Focussed Attitude

How do I franchise my business?

Related: 20 point Checklist before you start a franchise business

To start a concept, there are lot many legalities and operations involved. Getting into every nitty-gritty is totally a franchisor's job. can guide you through each step and Francorp can give you appropriate consulting and make related strategies for your brand before you give your brand’s rights. 

Franchisors can also sign up on for free franchise listing and get tons of benefits. Thousands of investors can view your profile and paid investors can contact you directly too. Over 1,000 entrepreneur investor connections are made each month and a franchisor can meet investors face to face at liveevents and discuss his trade agenda and model with investors.

Are you ready to offer enough support?

So, before starting off, keep in mind below points related to support that should be offered.

·         Are you ready to help your investor with site selection, lease negotiations and store layout?

·         Do you have a proper training team?

·         Are you ready to assist the partner in technical and advertising support?

·         Do you wish to provide financing?

·         For a regional/ local person, do you have special incentive programs ready?

·         Do you have your own good contacts that you can share with the franchisee during his preliminary days?

Make big growth

While creating a concept is a complex and all-consuming process, right selection of franchisees can give you a sigh of relief. To be updated on the industry happenings, a franchisor must enroll himself for events like World franchise Congress. The event is a Leadership Convention brought jointly by Franchise India & PepsiCo India to bring together the smartest futurists and franchise leaders from all over the world. The grand event is set to happen on November 24th In New Delhi. The global visionaries will explore and assess the impact of current and future franchise trends on Trade, investors, financial institutions, technology, government’s entrepreneurial drive, and at large on society.

Over 30 smartest minds in global franchising and 250+ India’s brightest franchise thinkers, investors and forecasters will converge for a day with keynotes, panel discussions, master classes, exhibiting, and networking to give new direction to businesses in India. Investors can take benefit of such events and be there to get 100+ smart business ideas and much more.

star franchise india
Sanjeev Joshi : 08, Sep 2019 at 02:54 PM
Franchise my restaurant
Related opportunities
  • Gyms And Fitness Centres
    UFC GYM is the official brand extension of the UFC®...
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Others Food Service
    §Qwinnys Was created with one goal in  mind - To..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • About Us: Gem Selections is a trusted & reliable provider of..
    Locations looking for expansion Delhi
    Establishment year 1987
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Beauty Salons
    Luxury and very premium spa and salon service providers. Currently..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

ads ads ads ads