Franchise is a licence given by an already established business/ institution to increase its presence in various locations. It’s beneficial to both the parties in franchise deal, as capital investment and risk do not take much toll. The one who buys the franchise invest in another’s business, only to execute his inspiration of becoming a business-holder without prior experience. What franchise offers to the buyer is a running name, customers, advice, expertise in management and foremost a basic support to kick-start in market.
Begin with identifying your interest. Which industry to start a business in? Is it retail, education, food, automobiles, consultancy, clothes etc. Know in what type of business you can actually participate with interest. Now a practical question how much money is needed to start a business? Are you looking for low cost franchise or cost is no barrier in your business choice?
Do you need a arrange location by your own? Yes, you do. It can be either owned by you, or rented or leased. In case of franchising, you may have to discuss your location with the parent company. If rented, the place can be shifted with franchisor’s consult, as per customer footfall.
In addition, what size of business you want to start depends upon your investment and carpet size of location. Set-up guide including staff and management will be under your franchise deal.
To make your search broad and easy, Franchise Zing has compiled every size and type of business from almost each industry.
We keep franchisors close in network and all demanded enquiry will be directed to you from the franchisor itself. So, do not be confused what to type on Google; just log in to our website and land straight into franchise market of India.