India is being seen as a potential goldmine for retail investors from over the world and the latest research has rated India as the top destination for retailers for an attractive emerging retail market.
Services retailing is on its way to becoming the next boom industry in India. The margins and profitability is high in services retailing and there are quick turnaround times in terms of breakevens and returns on investments. Since offering in services re
Franchising is in demand in today`s economy. Though in India the concept of franchising was introduced almost a decade ago, its franchise industry is still in a nascent stage compared to that in the US and Australia. Here the focus is on various aspects o
Globalisation of franchising is an easier option than setting up subsidiary or joint venture on the foreign soil. With a business insight and adaptability to the foreign rules, it can be developed into an effective tool
`Since I do business around the world, it amazes me to see new franchise businesses started up almost the same way it was done over 25 years ago. It seems professionals, knowledgeable about franchising, continue to provide advice the way they have done fo
Starbucks certainly didn`t invent a cup of coffee. But they made a special niche in the coffee house space. Nothing is new and unique anymore - but the way you do it could be. To compete head on with large and successful enterprises may not make sense
There are two major factors that need to be considered when you start a business; available capital and available property; the latter, preferably your own.
Franchisors will gladly sell a franchise to you if you have a property of your own in a prime lo
Gestation period, dreaded by most entrepreneurs, accompanies the first joy of starting any business venture. Success follows it or else it tolls the death knell. However, a well-conceived business plan can help avoid any such debacle.
Human beings are essentially mobile. Be it on official trip or a leisurely travel, people nowadays count on the travel agents and tour operators for the sheer lack of time and professional guidance. Hence, the sector offers enormous promises for a new ent
Kiran Mazumdar Shaw started her venture in the garage with an investment of Rs 10,000 after the 25-year-old entrepreneur was turned down by the banks for taking up a business that was absolutely new in the country and more so for being a woman. Years of h