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auosyfoai
Wysłany: Pią 20:38, 14 Cze 2013
Temat postu:
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In a nutshell, franchising is a business system where under the franchisor grants a license to the franchisee to use the franchisor’s diverse intellectual property rights,
namely, know-how, designs,
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, reputation and marketing techniques to market the franchisor’s products or services in return for a sum of money. The franchisor provides training and continuous assistance to the franchisee.
Globalisation and market liberalisation has fuelled brand awareness among the Indian masses making the importation of foreign brands to Indian shores an attractive business opportunity for local businessmen. Foreign brands such as McDonald's and Pizza Hut have studied India's tastes and needs and customised their products and menus to suit local preferences.
A study has revealed that more than one third of new food outlets are operated through the franchise system. The rapid development of mall culture has also encouraged the growth of food and beverage franchises. Fine dining restaurants, quick service restaurants, cafes and juice bars are among the leading franchised food segments in India.
By Grahame Clark
See all Articles by Grahame ClarkGet Updates on Business NetworkingGet Updates on Grahame Clark Average: 0 Your rating: None Tweet
The increased acceptance of the importance of education by the Indian population and the proven success of education franchising in India has led to a boom in the amount of business owners wanting to expand their education brands using the franchise route. According to a recent survey, India is one of the largest markets for education in the world in terms of the number of students, offering vast franchising opportunities. Currently,
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, out of the 1,200 franchises in the country, 32 per cent are in the education sector. Professional and vocational courses in the fields of aviation, hospitality, retail, financial services and insurance capture almost a third of the total share of education provided through franchises, followed by training in the IT sector. Franchising in the pre-school sector has grown particularly in the past decade.
What is franchising?
Although in a nascent stage, franchising is gaining popularity in the retail segment in India, more particularly in the areas of food products and drinks, restaurant chains, consumer goods, and computer training centres. Franchising is one way in which a company can take advantage of India’s vast market with a degree of control that other traditional forms of distribution cannot match.
Beauty and health care Fitness clubs such as VLCC and Talwalkers have established chains while hair and beauty salons offering domestic branded products including Shanaz Hussein,
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, Biotique and Habibs, and international brands, for example, L'Oreal and Tony & Guy, have marked their presence through the franchise model.
On the whole, India is the chosen destination for franchising as it provides everything one needs to flourish. This is the reason why franchise business is booming in India. Expert market analysts also have predicted that the franchising opportunities in India will continue to grow very rapidly and there will be lots of benefits available to the people who are involved.
Author's Bio:
Low labor cost is another main factor that makes India a favorable destination for franchising. The cost of hiring an employee in India is much lower than the west,
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, that's why,
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, so much work is outsourced to India and many companies are setting up their operations here. Hence, if you wish to achieve success and also the revenue then this is the time to hunt and cash on the franchising and business opportunities available in India.
The terms franchise, distribution and agency are often loosely used. Distribution and agency are the more traditional forms of distributing goods or services.However, they do not allow the principal to exert any real control over the distributor or the agent. The key distinguishing feature of a franchise is the higher degree of control that a franchisor exercises over a franchisee. The franchisor has a say in all important issues such as branding, methodology and mergers.Although corporate entities such as subsidiaries or joint ventures allow as much if not more control than a franchise,
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, they entail a much higher financial risk.
Franchising in various sectors in India
Education
India now presents huge opportunity for franchising organizations. A number of international and corporate giants stationed abroad always look for the opportunities to launch their franchising business in India. India's vast geographical expanse, multilingual culture, strong and powerful economy and also growing middle class all clubbed together provide excellent franchising and business opportunities in India.
A rise in the standard of living in India has increased demand for quality health services and has resulted in health-care service providers,
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, spas,
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, beauty salons and clinics opening new businesses in the cities through franchises. Apollo Hospitals has set up large chain of state-of-the-art health-care clinics in India and abroad, offering comprehensive health-care services.
Many foreign companies consider franchising to be a convenient method of entry into the geographically vast and culturally diverse Indian market, which offers a very favourable franchising environment.
Getting into franchise business is a wonderful opportunity for anyone. According to the experts, franchising business is the safest business as it involves minimum investment with more revenue. That's why more and more people are now moving towards the available franchising opportunities. Buying a franchise of a well-known brand is an excellent option to start a new business from scratch or could offer a quicker way to take an existing business to the next level. This option offers several advantages - not the least of which is an opportunity to latch on to a tried and tested model. A well established franchising brand also affords instant visibility, and with most rules being laid out already by the franchisor.
Food and beverages
Difference between franchising/ distributorship/ agency
India is one the world’s largest and the fastest-growing emerging markets, and franchising has become a successful business model for many local companies. If we go by numbers, India is the fifth largest country in terms of consumer capacity and retail destination. It is the second fastest growing economy in the world after China. The consumer spending in the country has increased to 75 per cent in the last four years and according to business analysts it will quadruple in the next 20 years. However, franchising in India has not yet attained an industry status even though the industry size is USD 7 billion growing at a rate of 25-30 per cent annually with over 1800 franchise formats operating in the country employing over 1 million people in the sector.
Even though, franchising is creating thousands of opportunities for business owners and jobs seekers, it is still in its early stage of development. Simply to expand a business through franchising is not enough; it also needs knowledge on how to run a franchise business model. In India, the knowledge on franchising is inadequate and there is also no training being imparted to leverage the present status of franchising. We should also remember that India is a multi-ethnic country; therefore,
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, it becomes all the more important to understand the trends and market that governs each region.
Some of the well-known brands in this sector that have received an overwhelming response in India include Baskin Robbins, Subway, McDonald's, TGI Friday's, Taco Bell, Pizza Hut, Dominos Pizza, Ruby Tuesdays, Barista, Costa, Wetzel Pretzel, Papa John's and KFC.
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Have you ever felt so comfortable around a client that you let your guard down? Under the right circumstances, it is often not a problem. Notwithstanding, there can be times where you can get into trouble, or even lose a client, if you get too casual with them.
iqsaianad
Wysłany: Czw 1:38, 06 Cze 2013
Temat postu:
A big mistake that many people make is trying desperately not to make mistakes! This leads to over-analyzing situations that don't really require any analyzing whatsoever. Some people become so terrified of making a mistake, and causing a disagreement or fight, that they sit and think through almost everything they do.
How to Shut Your Brain Off
Not only does this waste time, but it halts the growth of the relationship. A relationship involves two people, not one person and a computer. If you're sitting around and thinking through everything that you do, you're acting like a computer...cold and calculating. Would you want a partner like that? Probably not.
This cake is never going to make your partner angry. It's also, however, not going to get any new results. Imagine if you took that same flavor of cake, turned it into a three-tiered masterpiece complete with sugar flowers and elaborate icing, and presenting it to your partner while dining at a fancy restaurant you've never been to before.
If you're like many long-term couples today,
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, can actually spice up your relationship. These mistakes might have been big (forgetting an anniversary) or small (forgetting to pick up take-out for dinner). Mistakes are inevitable,
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, and as unpleasant as the resulting fights can be, they actually give us valuable insight into the relationship and into our partners.
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This is one of those situations where it's best to just jump in and ask questions later. You'll make mistakes,
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, and you'll learn from them. What most worriers never realize, however, is that some of these mistakes can turn out great and help spice up your relationship.
The next time you see your partner, make mistakes. Vary the routine a little and see what happens! You may or may not be happy with the results, but your boring routine will be shaken up a bit, and that's almost always a good thing. If you're operating out of a loving, caring desire to spice up your relationship,
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, sometimes it's necessary to make mistakes, in order to see that relationship grow!
By Ashley Arn
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Now,
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, this could go badly. You might hate the restaurant, and your partner might find the cake gaudy and overdone. However,
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, it could also go wonderfully,
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, leaving your partner astonished by your thoughtfulness!
With this example, you can easily see how making mistakes doesn't have to be a disaster. We can make mistakes on purpose, just to see the reaction. Obviously, these should be small things, something that won't rock the boat too hard if it doesn't go over well. The idea, though, is to make mistakes which can let your relationship grow and evolve,
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, instead of getting stuck in a safe, boring pattern.
When we analyze everything about a relationship,
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, we tend to stick with things that we know have had good results in the past. This is fine, but it can prevent new and better things from happening. Imagine if you went through your relationship, years into the future, buying your partner the same cake for your anniversary. Nothing fancy, just the same cake they've loved for years from the bakery down the street.
Jumping In
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By Rebecca Fein
Are you looking for an acne system that actually works? Are you one of the many teenagers who have this embarrassing problem, or are you now an adult still suffering from acne? Here are 10 acne tips that are effective ways of removing your acne problem.
Miss_fit
Wysłany: Wto 21:50, 24 Kwi 2007
Temat postu: Mel Gibson Spanking!
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