Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

How does a Franchise Business Work?

Before venturing into a franchising business, it is advisable to research and know about each and every step that involves in the process.

By Feature Writer
How does a Franchise Business Work?

Many big brands in the wellness industry are selling their franchises to people who are passionate to take forward a brand’s name. Franchising has emerged to be a business that has attracted a lot of people. It has opened a lot of opportunities in the wellness industry and benefiting the people. The concept of franchising has evolved a lot since its inception and all have been just for the better. With more clarity and good relationship building between the brand and public, franchising not only benefits in terms of money but also in terms of expanding and reaching out to people at a more fast pace.

Franchisor- Franchisee- An Important Relationship
A franchisor is a person who is willing to sell franchises of his brand to franchisees. The relationship between franchisor and franchisee is extremely important as that’s the base of a franchise business. The franchisor, for an agreed amount of fee, let’s the franchisee use his brand’s services, trademarks, techniques, name, methods etc that will help in expanding the name of the brand to a larger group of people. Owning a franchise business of a reputed brand and running it in order to generate more revenue as well as name is a big responsibility and this definitely calls for trust in a franchisor-franchisee relationship.

Franchise Agreement
Just like every official agreement requires legal paperwork, the franchise agreement is the legal paperwork for owning a brand’s franchise. It is a written legal document which is the base of a franchisor-franchisee relationship. It basically provides certain rights to the franchisee from the franchisor’s side to use services and support of the brand. The franchisor and franchisee, both have to sign the agreement to make it work. Some of the aspects that a franchise agreement covers are:
Details of the Franchisor and Franchisee
Location of the Franchisee
Operation Standards
Quality Standards
Development and maintenance of the Franchisee Location and many more.

Expert Speak
“Being into the Beauty industry we always look to expand our business throughout the year. Giving out the franchise is one of the best ways to embrace the reliability of the brand. For a successful inning of the beauty business, it’s essential that the person is totally committed towards the franchise by giving his full attention, time to the salon and dedication to the delivery of quality services. One of the very important things is the franchise holder should be financially ready with the working capital minimum for 4 to 6 months. As a franchiser, the basic protocols will be trained to you on its system by providing the tools to build the business during the training sessions. Designing of the interior will be followed as the standard formats same as the parental salon or as suggested by the owner. Location of the salon depends on the expansion plan if not that other propositions for the locations are welcome”, says Satishh Saraf, Founder & Director, Panache Salon & Academy.

The wellness industry is evolving at a much faster rate than it was expected. As more and more brands are stepping in and opening up new avenues, the opportunity to be a part of franchising is also increasing. Growth has become a significant meaning of Franchising and the future with it looks promising.

star franchise india
Related opportunities
  • Fine Dine Restaurants
    About Us: We are India’s First Haunted House Theme Restaurant running..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Templebells Play School goal is to respond to the..
    Locations looking for expansion karnataka
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore karnataka
  • Fashion Accessories
    About Us: An affordable luxury brand with sustainability as one of..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Tea And Coffee Chain
    About Us: Indian Tea House is serving most premium and aromatic..
    Locations looking for expansion Madhya pradesh
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bhopal Madhya pradesh
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