Franchise India

Showing posts with label Sachin Marya. Show all posts
Showing posts with label Sachin Marya. Show all posts

Friday, 30 January 2015

Unlocking the Entrepreneurial Spirit of the city of Coimbatore

Franchise India launching its branch in Coimbatore

Franchise India, Asia’s largest integrated franchise solutions company since 1999, with 17 years of successfully giving business starting up and growth and franchising across the nation, is now expanding in Coimbatore. The branch office will commence its operation on Feb 1st, 2015 after a pre launch event at ‘Sarojini Natraj Auditorium,' Shree Baldevdas Kikani School, Sastri Road, RS Puram, Coimbatore.

Franchise India has helped over ten Lakh Business aspirants and Potential entrepreneurs in the country to start their business with less risk, desired investment level and preferred sector and in turn has also helped thousands of brands to expand in the country through franchising, dealership, distributorship Business models. Franchise India ,to its merit has a vast experience of working with both MSME’s and leading corporate houses and Household brand names over these years like Aditya Birla, Fabindia, Videocon, Reliance, DLF Brands, Sportsfit, TVS, Yamaha Mahindra Group, ITC, Gitanjali, Lite Bite Foods, Nokia, Lakme, Adidas, Kazo, Skipper, Chhabra 555, Brown Tree, Asia Seven, Luxor, Has Juice, Parambriym, Milky Way, Indian Tadka, Angels and many more through Media, Advisory and Exhibitions.

Now as Franchise India expands in Coimbatore market, the objective will be to empower entrepreneurs, women, Young people looking to start their own business , Retired and army veterans looking to  start a small business find the right business fit and realise the Business opportunities of their dreams at their doorstep. with their investments .Mr. Gaurav Marya, Chairman, Franchise India Group, who was in the city today said, “I see Coimbatore as a great market  with a lot of untapped business potential. Being an Industrial City , with great understanding of textiles and exports , Coimbatore has much appreciation for understanding and Building businesses and recognizing and working with Brands in Global markets. Franchise India would facilitate both Indian and International consumer Brands across sectors like Retail, Food service, Beauty & wellness, Education to set up shops in the region in partnership with Local Business people and emerging entrepreneurs. Together, with our partner Mr. Padmanabhan, We want to help the business fraternity in Coimbatore to start and grow New age businesses and be the part of the wave of Business change being felt across the country.

About Franchise India: Franchise India is an absolute authority in Franchising, Licensing, Retailing, Real Estate & Marketing since 1999. Franchise India offers services in Business Advisory, Invest Abroad, Start up Services, Business Loans, Business Resales, NRI Services and Legal Advisory.

Franchise India is an investor centric and franchisee focused company which provides business opportunities and helps investors make informed decisions. The company operates through 12 Zonal branches and 21 Regional branches all over India and a Vast network of 300+ Business Associates catering to the needs of budding entrepreneurs from Tier I, II & III cities.

Tuesday, 13 January 2015

Franchising: The ‘mantra’ for successful business

Franchising has grown by leaps 
and 
bounds over the last couple of years in India 
and 
is now seen as one of the best ways to expand businesses

Franchising is one of the three business strategies that a company may use to capture market share. Franchising is a business strategy that is put into practice for attracting and retaining customers. It is a marketing system for creating an image in the minds of the current and future customers about how the company's products and services can help them. It is a method for distributing products and services that satisfy customer needs. Gaurav Marya, chairman, Franchise India Group, says that "Franchising can be seen from two perspectives - the features and benefits associated with them. From a company view point, franchising is a great form of capital generation and a good means to grow your brand. Younger companies, especially in the retail segment, can continue to grow their brand if they properly utilise franchising."

An important aspect which determines the feasibility of any franchising business in a country, relates to the class of consumers it caters to. India is a multiethnic country with the second largest population in the world. Throwing light on this aspect, the franchising industry in India is close to 23-24 billion dollars and according to KPMG India estimates, it is expected to grow four times, between 2012 and 2017. There is scope for the franchising industry to contribute almost 4 per cent of India's GDP in 2017, growing from a current estimated contribution of 1.4 per cent of the GDP. Marya shares that practically, all the sectors, are turning towards implementing the franchising model. "Every single industry, whether it is consumer goods and services, healthcare, retail, education, is looking for franchising and successfully implementing the models into their businesses." The services sector, financial services, courier services, health and wellness and food sectors, is expected to contribute to majority of the growth in franchising in the next half a decade. One of the major positives that has further provided an impetus to franchising in India is allowing Foreign Direct Investment (FDI) in single brand and multi-brand retail.

While the franchise industry is poised to grow over the next couple of years, is there a trend that has been observed wherein, players are largely opting to take on franchising, in order to spread their foot prints? Sanjay Shetty, head of operations, Prince Cuisines, Cream Centre, agrees and says, "Yes, franchising is a great opportunity, if one wishes to expand their business. A single business could take years to establish itself in a city, whereas, if one adopts the franchising model, the business can grow by leaps and bounds, across major metros and tier-II cities and sometimes, even overseas."

Echoing a similar thought, Raghvendra Naidu, owner, Exotic Flavours shares, "There are a lot of positives associated with franchising. To begin with, when starting a franchise, your investment
is taken care of as you know that you are going to implement a tried and tested model, the operational background is in place and is something that has been running for a while. Besides, from an organisational point of view, it is a relief that you are getting associated with a brand and additionally, collaborating with an existing brand saves a lot of time in marketing yourself in the open market, which you would have to do, had you been a single player." 

SWOT ANALYSIS 

Strengths - Capital generation, employment generation
Weakness - Inability to develop and implement successful franchise models
Opportunities - The influx of big brands into Indian soil
Threats - Lack of education and the competition from other countries


FRANCHISING HAS A BRIGHT FUTURE IN INDIA

  • ·         The average Indian income is steadily rising and individuals have more purchasing power today.
  • ·         Increasing levels of consumer spending, with greater recognition of brand value has given a push to franchising in India.
  • ·         Large penetration of the online medium in India is making its population more aware of global trends and brands.
  • ·         The internet is also making it easier for international companies to gain an understanding of India's; culture, geography and politics and accordingly rework their models to suit the Indian taste and preferences. 
Source : TOI 


Looking for Franchising Options. Call the Experts -  Franchise India @ Tollfree: 1800 102 2007
Franchise India Company Highlights

Tuesday, 30 December 2014

Ganga Spa India's Largest SPA Chain Invites Franchise Partners

Start your own SPA and Wellness Centre

Ganga Spa
INDIA'S LARGEST SPA CHAIN INVITING PARTNERS

Click here for register: http://goo.gl/gS043z

Established in 2005, Ganga Spa slatted operations fuelled by the ambition of Mr R. Shreenath.

Ganga Spa represents a revolutionary idea in the Indian spa & salon industry: providing pool of talented professionals with the means to bring their passion to life to create platform for your business for an untapped and largely self-sufficient business opportunity in the US $ 500 Million Spa & Salon Industry.

Ganga has also launched The Spa Hub Model in which we have tied up with leading five star hotels, resorts & clubs across India & abroad for our spa services.

Ganga Spa are the manufacturers and suppliers of Ayurvedic medicines, herbal products, Panchkarma accessories and spa equipments. They offer diet consultation through a panel of nutrition specialists to help you attain the correct balance for complete well being.

Great reasons to partner with Ganga Spa:
• India's leading spa chain with blend Ayurvedic & Thai spa & unisex family salon
• Pan India presence with over20 branches & growing rapidly
• An ISO certified company
• Felicitated by The Times of India in the Voice of India list of Top 50 entrepreneurs
• Tie ups with leading 5 star hotels and spa resorts across India

• Full-fledged training Academy at Udaipur for Ayurvedic therapeutics and masseuses


Saturday, 27 December 2014

DLF Brands Sunglass Hut invites Franchise partners

Start your own Premium Sunglass Store

DLF Brands Sunglass Hut invite Franchise partners. 

Click here for register: http://goo.gl/QhIHdN 

Sunglass Hut is the one stop shopping and inspiration destination for the top brands, latest trends and exclusive styles of high quality fashion and performance sunglasses. It is a global leader in the Sun Category. With over 3000 stores across the globe, Sunglass Hut in India offers premium brands like Rayban, Oakley, Vogue, Burberry, Versace, Bulgari amongst others.



Sunglass Hut: Start your own Premium Sunglass Store

Monday, 22 December 2014

What is Franchise?

Franchising is one of the popular business expansion systems in the world today. It has been around since ancient history and has now outbeat all business models in the world market. Franchising is the practice of using another person's business model. The franchisor grants an independent operator the right to distribute its products, techniques, and trademarks for a percentage of gross monthly sales and a royalty fee. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor.

The success of franchising as a business system can be attributed to several factors. The most obvious is the brand name. In today’s consumer market, brand names are worth a lot. Every year, billions of dollars are spent on advertising and marketing the brand name of companies. This is because a good brand name means consistency, quality and consumer trust. Also, more importantly it is the proven business system a franchise can offer you. Statistics show that 90% of all start up businesses fail within the first five years of operations. This is because new business owners have to fight against time, they have to learn so much and do so much to get the business off the ground before they run out of capital. Add this to the market power of the competition and you will see why only a few make it past the five year mark.

On the contrary, franchise business gives you the advantage of not having to reinvent the wheel when it comes to handling the various aspects of business right from marketing to human resource management, from accounting to distribution. A proven system enables you to avoid the traps or mistakes a new business makes.    

Thursday, 18 December 2014

1st time Business Franchise Buyers - Do's & Dont's

The popular opinion across the globe is that entrepreneurship should be fostered as a key growth enabler in every country’s economic policy. After all, it has been quite ubiquitous in the west where entrepreneurship is more than just about starting one’s own business, it is a lifestyle.

Things have rapidly changed in India too. Ever since the time when the conventional mindset towards starting a business (being a standby option to unemployment) broke and risk taking gradually came into play, entrepreneurship has become the new ‘normal’ way of making a career. Normal, to an extent that today on an average two start-ups come up every day and more than 500 every year.

As glorious as the above statement sounds, there is another fact that might play a spoiler. More than half of them don’t even see the clear light of the day and pack their bags in just two-three years of time. The reason for that mishap ranges from factors as diverse as amateur or untested business idea/plan, unknown market presence, high unforeseen costs, lack of capital, low returns, absence of management assistance and many others. Moreover, all this often disrupts the aspiring entrepreneur’s work-life balance.

Franchising, relatively small in India though answers all of the above factors as a healthy and risk-free way out to give voice to one’s entrepreneurial passion. Franchising is already a global phenomenon especially in the West while it is not that small in India too. Just to give a snapshot of where franchising stands currently in India, the market is worth around $22 billion and is expected to double in size in the coming two-three years, growing 30 per cent annually. Moreover, a report by Franchising Association of India and KPMG India titled – Collaborating for Growth – estimates the industry size to quadruple by 2017 or before with an assumption of contributing around 4 per cent to the Indian GDP by 2017 from the current estimated 1.4 per cent.

By definition, franchising is an agreement between a franchisee (who wants to start a business) and a franchisor (the owner of the brand) wherein the latter grants the former the right to his/her brand’s trademark, products, operational procedures, IT system and marketing processes etc for a portion of franchisee’s gross monthly sales and royalty amount. To put in right perspective following are the areas where franchising can provide an edge to entrepreneurs in order to ideate, start, grow and further expand their businesses.

  • Brand recognition: A franchisee gets to kick off its business and ride on the back of the strong brand name and established market presence that the franchisor has. This mitigates the challenges concerning establishing his/her own brand and creating awareness and trust among customers. So a franchisee will have customers right from day one because of the reputation the brand or its products and services command.
  • Business model/plan: Though most of the elements of a franchisor business model or plan are standard for all franchisees however they help franchisees to tweak it as per the location of the franchisee unit. A franchisor’s successful business model reduces the risk of failure among franchisees.


  • Capital support: A franchisor also helps franchisee raise risk capital from lending institutions becoming the intermediary between lender and franchisee. The lender too extends support confiding in the franchisor’s success.
  • Management support: Initial training on different heuristics attached to running the business is offered to the franchisee in order to prevent avoidable mistakes while starting up which often costs lot of unforeseen amount. Location/site selection and management support and training in an ongoing manner in terms of staff training and managing accounting processes helps franchisee to focus only on the business aspect.
  • Group buying: A franchisor also enables franchisee to benefit from lower price goods through group buying from franchisor. The collective buying power of the franchisor helps franchisee save money as the franchisor buys goods and supplies in bulk.


Now as relevant these benefits stands through franchising for aspiring entrepreneurs, deciding upon which brand’s franchise should be taken, of which industry and how much investment budget does the franchisee have to invest in taking up the franchise are few areas governing related benefits.
As a bridge or a facilitator, Franchise India helps people looking for franchising to start their own business connect with the right brand understanding their requirements as per the location, budget size etc. Established in 1999, Franchise India boasts of being the first company in India to introduce and develop franchising market in the country. The company has so far serviced more than 1,100 brands across sectors globally and have direct presence in 16 major Indian cities. The company caters to prospective buyers, franchisors, various industry experts through its digital, print and events platforms across India. The online platform www.franchiseindia.com is touted as world’s number one website on franchising with around 4.69 cr hits and 60 lakhs page views monthly and listing over 8,500 brands.

Through its print publication arm, the company publishes four industry leading magazines viz, The Franchising World, Retailer, Small Medium Entrepreneur and Estate World.

On the other hand, the company puts up four major shows round the year. First, Franchise India, Asia’s biggest annual International franchise and retail show comprising of exhibition, awards and conference. The show aims at bringing together 400+ exhibitors and more than 30,000 business buyers from India and abroad. Second, the Master Franchise Show which annually attracts the most successful global brands and service providers. Third, is the series of 15+  Franchise and Retail Opportunity (FRO) shows held every year metros, tier 1, 2 and 3 towns comprising of exhibition, conference and networking. Fourth is BusinessOpportunities Show (BOS), a franchise development focused business platform to enable like-minded prospective franchisees to communicate business concepts with others.


The end-to-end franchise solutions provided by Franchise India in the last 16 years has supported thousands of people looking to start their own business in selecting the right franchise through its team of seasoned experts having an in-depth understanding of the respective markets.

Looking for Franchising Options. Call the Experts -  Franchise India @ Tollfree: 1800 102 2007

Thursday, 11 December 2014

All businesses are Franchisable; Perhaps just not Franchise ready!

Organized retailing in India is going through a transition phase where new concepts are joining the Franchising bandwagon. This article gives you an insight into what it takes to be a successful franchisor.

Ease of expansion enticing newer concepts to try hands at Franchising!
Franchising is an easy & fast way to expand a business. It gives brand owner a new lease of life with quick access to newer markets & customers. The franchise brings in local market intelligence & also absorbs the risk in the business be it operational or financial. Typically, it is estimated that 30% of franchise fee collected is spent back on acquiring the franchisee itself, so what will it take to retain a franchisee who is so invaluable to the brand?

But is your brand really ready for Franchising?

Any business can be built on two pillars: First - Intellectual Property & second - Infrastructure. While the former helps to create a unique concept the latter helps to drive the cost advantage over competition. 

Considering these two pillars, any business can be broadly be classified into 3 categories

  • Niche Concepts: High on IP / low on infrastructure; A
  • Mass concepts: Common service / product but works well with cost advantage; B
  • Ideal concepts: strong IP coupled with a suitable infrastructure; C

One size does not fit all!

A franchise ready concept needs to be financially sustainable & also sufficiently rewarding to ensure an acceptable RoI. Category C is ready to Franchise while A & B needs to modify the current business setup to make it Franchise ready & so the statement goes “All businesses are Franchisable; but not all are Franchise ready!” 

While An “A” needs to add complementary services/products, a “B” needs to arrive at a facility size & product mix that offers optimum throughput. 

Besides these, other key indicators for Franchising could be

  • Have you run a successful business for at least one year?
  • Is it profitable?
  • Can you produce audited accounts?
  • Have you proven your concept? Will it survive in the long term?
  • Can your business be replicated and easily taught?
  • Can you offer a business that is interesting and one the owner would be proud to own?
  • Can you demonstrate a commitment to long term success?
  • Can you offer leadership, strong management, motivation, and support?
  • Can you offer a franchise at a cost that is good value for money and can provide a decent return on investment in the short to medium term and a good living for its owner?
  • Have you got the money to fund your franchising and have you the patience to see it through, realising that franchising is a slow process and it could take several years to make it a success?
  • Finally, ask yourself this question: If you were looking to buy a franchise yourself, would you be interested in this one? If the answer is yes, you are probably ready to franchise.
But keep in mind, even the best-laid plans will result in failure if the underlying business is not ready for prime time. If you’re considering franchising, take a step back…and ask yourself, “Am I ready?


For an Free Expert Advice on franchising or to start your own business, You May Call Us at : 
Toll free: 1800 102 2007 

Monday, 8 December 2014

Top 3 Reasons to Franchise


Time
For entrepreneurs, franchising solves the problem of availability of time. Expansion through franchising is rapid than any other resource will allow. It is amongst the most effective modules to cater to the various markets to increase profitability in lesser time. This also allows brands to gain the first mover advantage in new markets . The speed at which a brand can expand through the franchising route is much faster than it would on its own steam


Capital
Through franchise, brands can open multiple outlets, increase their revenue streams and achieve break-even point faster to realize huge profits. By transferring the entire cost of expansion to franchisees, franchisors incur significant savings in their capital investments.


Talent
In franchising, franchisees become the managers and are motivated by their own profitability. Statistics have proved that franchised outlets outperform the company owned operations. Another advantage of franchising is the kind of efforts which a franchisee puts in developing a franchise brand is much greater than what a professional manager would. Decision making and deployment of resources is also faster which leads to saving them from the hassle of recruiting new people.


For an Free Expert Advice on franchising or to start your own business, You May Call Us at : 
Tollfree: 1800 102 2007 

Saturday, 6 December 2014

Unisex Slimming and Beauty Care Centre Inviting Partners

Start your own Slimming and Beauty Care Centre
COSMO WELLNESS 
Slimming & Beauty

Bengaluru’s Leading Chain of Unisex Slimming and Beauty Care Centre Inviting Partners
Click here for register: http://goo.gl/5kP4bM

Established in 2008, Cosmo Wellness Pvt. Ltd is an emerging chain of unisex beauty & slimming centre specializing in non-surgical treatments, besides customized wellness services.
Equipped with modern infrastructure, Cosmo Wellness has a professionally trained team of beauticians, dieticians and therapist committed to providing best therapies and treatments to clients.

Why Cosmos?
• Established wellness brand in Bengaluru 
• Backed by vast experience and industry knowledge 
• Proven success model with two company owned centres 
• A business segment that’s unaffected by recession 
• Attractive margins offered to franchisees 
• Ability to recruit and train manpower

Unisex Slimming and Beauty Care Centre

Wednesday, 3 December 2014

Start your own Eye Care & Optical Store

Mark Vision 
Eye Care & Opticals
Best Vision - Our Mission

Hyderabad's Fast Emerging Eye Care & Optical Brand Inviting Partners


Click here for register: http://goo.gl/lhHm1o 

Established in the 2011, Mark Vision Eye Care & Opticals is a fast emerging brand in Hyderabad. With 3 successfully operational Optical centers it now has a vision of being the most sought after Eye Care & Optical brand in India.

Mark Vision is the brainchild of Mr. Santosh and Mrs. Vasavi Aerabati, they have together brought in some very popular services and products for the customers such as Low Vision Services, Contact Lenses, Ocular Evaluation, Cataract Evaluation, Diabetic Retinopathy, Glaucoma, Sunglasses, Eye Testing, Pediatric Eye Evaluation and Squint.

Great Reasons to Partner with Mark Vision:
• Excellent Customer Service
• Trusted Brand
• Varied Product Range
• Value for Money
• Efficient Staff
• Smooth Operations


Eye Care & Optical

Tuesday, 2 December 2014

BumbleBees an Early Childhood Development and Learning Center Inviting Franchise Partners

Start your own Preschool!

Bumble Bees
Think Learn Create 

ENTER WHIZ KIDZ WORLD
With Thought Leaders in Preschool!

Click here for register: http://goo.gl/ueOI3g

Bumblebees is an “Early Childhood Development and Learning Center” committed to pioneering the paradigm shift in Indian education. The 21st century has newer dimensions. Competition is cutthroat and challenges are ever changing. At, Bumblebees the focus is on customizing learning, keeping in mind that each child is unique and learns differently. It imparts a holistic education based on a path breaking model of meaningful education in its core philosophy of Think, Learn and Create.

Franchise Advantage:
• Proven business model
• New Age curriculum and teaching methodology
• High ROI


Early Childhood Development and Learning Center

Saturday, 29 November 2014

WAREWELL Menswear Store to expand its business across India

Start your own Fashion Store

Join a Fashion Trendsetter!
WAREWELL Menswear

Click here for register: http://goo.gl/rdaNuA

Warewell apparel is an exclusive men's wear store. A leading brand in North East India, existing since more than 55 years with the strong motive to provide men's apparel under one roof.

Today, Warewell is very well known among male youngsters and professionals.

The sales staff at the outlets is well trained and provides extraordinary experience to the customers. Due to the additional factor attached customers prefer going to Warewell stores than any other store in the locality.


The brand has come a long way and is ready to go long way in the future. To expand to different markets in India, the brand has planned to expand to other parts of the country via franchise business model.

WAREWELL Menswear

Friday, 28 November 2014

Start your own Child Care Store

Kinderdreams
Exclusive Partner of Finest German Toys & Child Care Brands Inviting Franchisee

Come join us on this wonderful journey and let’s create a Success story together!
Click here for register: http://goo.gl/T4Beyr

Discover a world of Premium German Toys & Child Care Products, Discover Kinderdreams


"Launched in 2012, Kinderdreams is an Indo-German joint venture company to house exclusive German toys and child care brands under one roof. Currently present in Bangalore with 3 Stores.


Kinderdreams aims to make the very best German toys and child care brands available in India, and therefore co-operates exclusively with premium product manufacturers having the highest quality in international markets. Sourced from Germany, Kinderdreams range of products includes world-class brands: NICI, HABA, Bübchen, Playmobil, Rebel Kidz and JAMARA.


Kinderdreams

Wednesday, 26 November 2014

Franchise India and CII together organised the Delhi Franchise Summit

Franchise India and Confederation of Indian Industry together organised the 'Delhi Franchise Summit' with the theme 'Leadership & Growth' in New Delhi on 21st November 2014.

This exclusive convention was designed for CEOs, Presidents, CXO's and Business Development & Franchise Leaders to have Strategic high - level growth dialogues for their business and Brand growth. The content raised the bar on Ideas for Development, Building a Distribution set-up or franchising the business. Through engaging discussions and facilitated roundtables, executive leaders discussed challenges and shared best practices that drilled deep on culture, franchise growth, unit economics for franchisees and franchisor, new areas of growth and risk management.

Some of the vital topics which were discussed apart from business growth were the economics of franchising, changing dynamics of entering new market, what it takes to build a world-class brand, taking a brand to international market, Building a development success team, Growth Funding -An in-depth take on Debt, equity and M&A and Franchising in e-commerce.

In India, the 4 models of franchising available are Franchise Owned-Franchise Operated model (FOFO) which forms 60% of share, Franchise Owned-Company Operated model (FOCO) forming 20% share, Company Owned -Franchise Operated model (COFO) forming 15% , Company Owned -Franchise Operated (COFO) making another 15% and Company Owned -Company Operated model (COCO) with 5% share.

Mr. Gaurav Marya , Chairman, Franchise India discussed about trends and business model formats of franchising, lucrative sectors to look into, market opportunity assessment for upcoming franchisors, raising capital, feasibility assessment & due diligence process for business partner acquisition.

Industry leaders like Mr. Sanjeev Mohanty (MD - United Colors of Benetton-India), Mr. Arjun Wallia (Chairman- CII Delhi State Council), Mr. Nagendra Palle (CEO-Mahindra First Choice Wheels Ltd.), Mr. Anupam Bansal (MD-Liberty), Mr. Vikaas Gutgutia (Founder & MD- Ferns N Petals ), Mr. Pradeep Pillai (CEO- Zee Learn) and Mr. Vikram Chopra (Co-Founder- Fab Furnish ) also gave some deep insights about the same and shared unique and innovative ideas about growth of businesses with ethical means. Many other personalities also spoke about the same and explained that how growth in business can be effectively consistent along with good growth. The event focussed on why franchising is the best route to replicate success and how to evaluate the economics of a franchisee and hence mitigate risks.

Franchising business in India is growing exponentially and is expected to witness CAGR of 30 percent over the next 5 years. According to FAI-KPMG franchising report estimates', the franchising industry is expected to quadruple between 2012 and 2017. This is also expected to create job opportunities (including both direct and indirect) for an additional 11 million people by 2017. Increasing consumption, willingness to spend, growing preference for branded products, global exposure and use of international brands is driving the demand side of franchising.

Mr. Gaurav Marya, Chairman- Franchise India Group said, "Franchising provides an ambitious business aspirant with the benefit of the skills, knowledge and best practices in management, from people who have run a successful business over many years. At the same time franchising offers successful business enterprises with a fast-track route to growth that bypasses the obstacles of finance and human resources."

Monday, 24 November 2014

RS & Co. aligns with Franchise India for Expansion

Moving ahead with ambitious plans, RS & Co. , a division of COOL ‘N’ COOL is expanding its presence through Franchise India across India.

COOL 'N' COOL was established 15 years ago with an aim to cater to the white good needs of the consumers. RS & Co. a division of COOL 'N' COOL over the last few years has built a reputation for selling Air Conditioners and Home Appliances for more than a decade. We deal with multiple brands like Sony, Carrier, Phillips, Hitachi, LG, Onida, Samsung, Voltas etc. Our qualified and experienced team of engineers install the electronic goods to the exact standards of workmanship.

The spurt in the mall and organized retail culture has been one of the biggest contributing factors in the growth of the retail sector. This market is set to grow at a CAGR of close to 22% from 1998 to 2012 and from 2012 to 2023 at 7%. The Indian retail sector is one of the fastest growing markets in the world due to the domestic economic growth. The market is slated to reach $866 Billion by 2015 from the current 516 Billion.
                
Some of the factors contributing to this growth are the rising incomes and demand in branded products. Consumer Expenditure is estimated to be $ 3.6 Trillion by 2025 against 1 Trillion in 2010.

The investor needs to have an area of 1000 Sq. Ft., total investment of 52-55 Lakhs to start the brands franchised centre. The payback period is just of 2 Years and 6 Months.

The brand will support franchisees with training, recruitment , research & development , advertising & promotions , inventory management  and  marketing support .

Mr. Radhakrishnan, CEO, RS & Co. said, “We have always been committed to quality and remain focused on customer's individual requirement. Catering to a diverse clientele, our products are very competitively priced therefore suiting every pocket. Our professionalism is what sets us apart, with this attitude we enter into franchising and invite enthusiastic individuals to join us.”

Adding to this Mr. Gaurav Marya, Chairman, Franchise India said, “Franchise India’s earnest endeavour is to provide a strong and efficient platform to entrepreneurs to expand their business through us and gain as much as possible out of their expanding operations and management. And we are excited to have partnered with RS & Co. for their growth story.”


Thursday, 20 November 2014

Rasamm, an authentic South Indian restaurant aligns with Franchise India for Expansion

Rasamm, an authentic South Indian restaurant has aligned with Franchise India to expand its business network PAN-India .

Moving ahead with ambitious plans, Bhakti Organic Foods is expanding Rasamm’s presence through franchised /owned operated in 3 formats across India through Franchise India.

Rasamm, a progressive venture of Bhakti Organic Foods Pvt. Ltd., is a premium vegetarian restaurant specialising in authentic South Indian cuisine. Rasamm’s extensive menu consists of complete variety of South Indian food, Sweets, Beverages, besides North Indian chaat delicacies.

Rasamm’s speciality menu includes an assortment of Idlis, Vadas, Uttappams, Upma, Dosa, Rice, soups, South Indian Thali, specialized combos, and Chef’s special.

Located in Gurgaon, Rasamm is an ideal place to visit with friends & family to enjoy sumptuous South Indian food. The restaurants hygienic food, lively ambience, quality service & clean surrounding make it an ideal destination for food enthusiasts to visit regularly.

Being in proximity to office complex with companies like IBM, Infosys, Yatra etc, Rasamm witnesses massive footfall throughout the day. Spread over 1500sq. ft area, Rasamm at Gurgaon can accommodate 52 guests at a time.

The secret behind Rasamm’s authentic taste is their in-house developed recipes treated with traditional & authentic ingredients & spices.

To ensure real taste , the restaurant’s well trained culinary team has been brought in from Southern region.

Started in 2012, Rasamm is efficiently managed by a professional team lead by Arun Gauba, Director-Bhakti Organic Foods Pvt. Ltd.

The brand will offer 3 formats for expansion: casual dine in, express delivery & food court. 

Format
Min. area requirement
franchise fee
Total Investment
Average Payback
Agreement Term
Casual dine in
1500 sq ft
Rs. 4 Lacs
Rs. 36-37 Lacs
2yrs, 3 months
5 years
Express Delivery
800 sq ft
Rs. 3 Lacs
Rs. 23-24 Lacs
2 years
5 years
Food Court
300 sq ft
Rs. 2 Lacs
Rs.18-19 Lacs
1 year, 4 months
5 years


The Indian food industry, valued at USD 181 Bn, is expected to reach about USD 300 Bn. by 2015. Ranked 5th large industry nationally, the Indian food industry accounts for 7% of India’s GDP.
Restaurant business is the fastest growing segment in the Indian food sector. Besides metros , tier 2 cities are emerging as new destinations for restaurant & hotel chains. This is also opening new markets for fine dining & QSR.

Key growth drivers for the sector are mall culture, increasing disposable income, service standards, customized formats and eating out culture.

Rasamm has benefits of being associated due to experience in operating South Indian restaurant, well differentiated and assorted product portfolio, moderate investment with attractive payback period, backed by Viva Group, extensive training & support will be available.
Support provided to franchise partners by the management includes set up, training, supply & source, equipment, marketing, operations manual, facilitation, advertisement & promotion.

Mr. Arun Gaba, Managing Director, Rasamm, said, “Moving ahead with ambitious plans, we are expanding our presence across India. We hereby invite passionate, dynamic individuals with business acumen to be a part of our expansion program.“

Adding to this Mr. Gaurav Marya, Chairman, Franchise India said, “Franchise India’s earnest endeavour is to provide a strong and efficient platform to entrepreneurs to expand their business through us and gain as much as possible out of their expanding operations and management. And we are excited to have partnered with Rasamm for their growth story.”

About Franchise India

Franchise India since its inception in 1999 has had an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The company has consulted several major international & national corporate houses and brands over these years like ITC Wills Lifestyle, Madura Garments, Next, Madame,  Arvind Mills, John Players, Being Human, Mom & Me,  Chhabra 555, Fab India, Lotto, Mother Care, Sunglass Hut,  Claire’s, Pure Home+Living, Kwality Walls, Baskin Robbins, Sagar Ratna, Pind Balluchi, Punjab Grill, Zambar, Fres Co, Baker Street, The Yellow Chilli, The Chocolate Room,  Giani’s, Arise One, Gitanjali Jewels, Orra, Carlson Rezidor, Sarovar Hotels, Park Hospital, Dr. Pauls, Apollo Tyres, Ajmera Tyres, Rupa,  Eicher Motors and Yamaha  to name a few, through media, advisory and brokerage.

Franchising business in India is growing exponentially and is expected to witness CAGR of 30 percent over the next 5 years. According to FAI-KPMG franchising report estimates’, the franchising industry is expected to quadruple between 2012 and 2017. This is also expected to create job opportunities (including both direct and indirect) for an additional 11 million people by 2017. Increasing consumption, willingness to spend, growing preference for branded products, global exposure and use of international brands is driving the demand side of franchising,

It has a pan India presence with 9 offices in Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Ahmedabad, Chandigarh, Kolkata and Pune. Besides these it has 20 partner offices in India.

With its strategically formed divisions, Franchise India has created its own niche as the pioneers of franchise industry and a small business authority. For more details log on to www.franchiseindia.com

Tuesday, 26 August 2014

Risk free business opportunities for HNIs

Franchising today is no longer a small business play and there are one too many opportunities present for large investors who want to do business at a big scale and also don’t’ want the startup phase scuffle. High net worth investors (HNIs) would typically fall in the category of business; looking at an investment of a crore and going on upwards to hundreds of crores and would typically be interested in master franchise, multi-unit, area development route for a particular region or country for specific period of time.

The sectors which are hot for HNI’s

Today the best suited sectors to make such investments are F &B (food and beverage) covering Fine-dine Restaurants, Entertainment Lounges, Fashion and Lifestyle (Multi-brands outlets or designer studios), Education (K-12 Segment), Retail ( Jewellery, Luxury brands), Hospitality (Hotels), Automobile (Auto dealerships/Pre-owned Car market), Real-Estate, health & Wellness(Salons/Spas ,Gyms and Fitness equipment). 

High Net worth Individuals in India – A growing community 

Leading business Reports suggest that India is home to as many as 7,850 high net worth individuals whose collective net worth is $935 billion. A city-wise analysis shows that more than 90% of India’s Ultra-High Net worth Individual (UHNW) population lives in top 10 cities including Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Chennai, Ahmedabad, Pune, Gurgaon and Jaipur. Despite India’s modest 1.6 percent population growth, the country added more UHNW individuals (120) than any other BRICS nations in the past 12 months. Further ,The number of Ultra High Net worth Households, with a minimum net worth of Rs 25 crore is expected to triple to 2.86 lakh in next five years with a five-fold increase in their net worth to INR 235 trillion. And the HNIs will be double in number by 2015 to over 4 lakh with a collective wealth of USD 2645 billion. If we go by the statistics, India has a rapidly growing HNI segments across the world that currently contributes approximately 1.2% to the global HNI wealth.

Business in the Fast lane

When equity markets were strong, Indian HNI’s parked more than 31% of their savings in equities. But today, when dividends are lower, Indian millionaires are parking their funds in novel, lucrative consumption projects. The vigorous entrepreneurial activity by HNIs in India in the last 4-5 ears, has not only taken the Indian economy to the next level but has attracted global Brands to seek partnerships to enter Indian market with HNI Business owners. Given the diversity of Indian geography and strict FDI regulation in sectors like Retail, The businesses model usually focus on taking the master franchise rights for a country or a specific region or rely on multi-unit franchise investments

On one hand large net worth investors like to exercise a great degree of caution when it comes to their investments but on the other hand, they are also pro-growth and it is also many matter of year or two the Brand flourishes across the Indian market. 

Master franchising and multi-unit franchising is playing a big role in business alliances in India and now forms almost 10% of the deals of the franchise industry. This development is also supported at ground level by investments by Indian franchisees, progressing from a single business unit to becoming multi-unit franchisees by acquiring a second, third or even more outlets in the same network. Many master franchisees that started out owning just a single franchise are now controlling whole regions and have become a mini corporate in their own right, generating seven figure incomes. A few successful early movers with multiple franchise brands in their portfolio have even taken their business public.

Forming lasting partnerships

The HNI investor has much to gain and much to lose in this high growth- high investment partnerships. The foundation is sound groundwork and making the relationship worthy for both the parties. A thorough market analysis ,research to understand the market trends, consumers’ consumption patterns, demographics, with an eye on real estate rentals and looking at preferred retail distribution channels is the first key to getting the relationship right. Definite and clearly defined legal agreements, growth blueprints, investment cycles and relationship dynamics are what make the business partnership lasting.

Big Rewards: PE Investors – HNI game

The Master franchise or multi-unit business model are highly capital intensive because funds are needed to achieve continuous growth. From restaurants to retail to consumer services, all large franchise companies are tying up with private equity are creating next level of mega business growth ,going on to an IPO . Successful large franchisee owned companies, particularly large territorial operator offer both well-advertised brand names and predictable revenue streams. This is why many franchise acquisitions typically carry high multiples often bring multiples of six to eight times EBITDA.

Franchise India, a leading franchise consulting company assists HNIs through its multiple business streams, which are looking for high investment, high-reward business growth opportunities. Right from exploring national and international Business opportunities that are spread across sectors and to the last mile connect of getting a beneficial deal for both franchisor and investor.