Gateway to New Franchising Business

Wednesday, February 13, 2008

Franchising business is a very specific way of selling or distributing a product or service. It has evolved from granting the right or privilege of selling a good in a sophisticated and an organized business format. It is a perfect business for an individual who has the means, the money but not the method, a perfect plan for starting the business. There is a new franchise business opportunity available for anyone & everyone who dreams of setting up a business venture.

Franchising in India is a very upcoming trend that is popular with enterprising individuals who want to invest their time and money in something substantial. There are different types of franchising solutions. In one type, the franchisers grant the right to sell the products. Another type of franchise is the name and process franchise, in which the franchiser allows the franchisee to use the name and process or recipe of the franchiser. The present franchise model is a business format model in which total transfer of the business model takes place. The franchiser, who originally develops the model, offers total support in exchange of a percentage of profit and the initial startup fee or charge. The franchisee is provided with all the training systems, operating systems, and management methods by the franchiser. The franchiser also offers some initial training upfront along with the ongoing training and lifetime support imparted to the franchisee.

Franchisees in India are reaping benefits from this innovative concept as it offers business opportunity to the ever increasing size of the youth brigade who are looking for decent earning opportunities to support themselves. The future of franchising is very bright as this is a proven system that is advantageous to both the franchisor and the franchisee. Most of the successful businessmen, now aiming for a global presence, franchising is the perfect tool to fulfill this ambitious dream. The franchiser can see the success of his formula growing manifolds while the franchisee has the backing of a tried and tested business formula, posing minimum risk to his investment, thus increasing his profit margins. It also offers an alternate means of income to the franchisee.

www.franchiseplus.com is the source of all the information related to new franchise business opportunity. Franchise plus is a bi-monthly magazine that offers lessons of success & failures, reports trends, conducts surveys and tells inspiring success stories of successful businessmen and business women. Therefore if you are a budding entrepreneur looking for the perfect opportunity visit the site and subscribe to Franchise Plus, the storehouse of Franchise Information India, today.

0 comments: