Franchising is a charming option to be a part of the wellness industry which is rewarding in many ways.
Franchising has become a very lucrative option for many brands in the wellness industry. Be it beauty, healthcare, fitness or any industry in the market of wellness, franchising is being taken up by many brands to expand at a fast rate. Many big names in the market have multiplied their outlets and profits within a few months to impressive numbers.
When it comes to franchising, the beauty industry is the favourite option of franchisers and franchisees. The Indian Cosmetic and beauty industry has been valued at over USD $950 million and within the next 5-6 years, it will touch USD $2.68 billion. With so many segments opening in the beauty industry, it is the sunshine sector as options and opportunities never cease here. Various big names in the industry are into franchising as it provides a solid ground for them to expand on. Every brand looks forward to multiplying itself and franchising provides the same favourable circumstances. Whether its hair or skin care, brands are taking up the path of franchising to achieve success and expand a business. Some of the brands that are a part of franchising and offer franchises are:
Lakme Beauty Salons
Shahnaz Husain Spas and Salon
Blossom Kochhar’s Aroma Magic
VLCC and many more.
Health and Fitness
If you are a person who loves fitness and is enthusiastic to be a part of the health and fitness industry, franchising is the perfect field to move into. From gyms, fitness centres, yoga centres and what not, there are a plethora of options to choose from. The Health and Fitness markets are rising due to the increasing demands of the consumers. Hectic schedules and zero movements have introduced a lot of new lifestyle diseases. The need to be fit and healthy has become really important in order to be able to do daily activities, if not something adventurous. Entrepreneurs who are looking for opportunities in this industry, there are many as gyms and health centres that are into franchising are really supportive and professional. Some of the brands in franchising are:
Mickey Mehta’s Health Beyond Fitness and many more.
Wellness is the need of life. Who wouldn’t want to live a life that is stress-free and peaceful? Many wellness businesses like spas, salons, ayurvedic centres, meditation centres etc focus on this need and provide services to find the perfect blend for us. Wellness, being such a big industry, offers various golden opportunities to impart and earn from it. Franchising in the wellness industry is not only rewarding as in terms of revenue generated but also in terms of the improvement in the quality of life. Some of the brands into franchising in the wellness category are:
Kairali Ayurvedic Centre
Truefitt and Hill
Glam Studios and many more
"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. It is essential for a successful inning of the beauty business 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 most important thing is, the franchise holder should be financially ready with the working capital minimum for 4-6 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 Mr Satishh Saraf, Founder and Director, Panache Salon & Academy.
As attractive as it seems, franchising is quite an interesting choice. It not only results in expansion and profits but also is a proven way to reach out to masses and develop brand name easily. The wellness industry is the next trillion dollar industry and one can be a part of this through franchising. It rewards in more than one way and is also taken up by many big brands to compete in the market.
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