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Franchise
> Why Franchise Works |
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| Better chance of Success |
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With
a franchise, you benefit from the work and experience
of others who have already invested their
resouress in creating a successful business Statistics
shows that 90% start ups fail within 5 years
while U.S. Department of Commerce confirms, and
this applies to India as well that over 90%
of Franchised Businesses continue to operate
even after 5 years. |
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| A
Proven Business |
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A
Franchiser offers a product or service that has
been successfully developed, tested, refined
and marketed. With franchising you are buying
into a business that is already operating. |
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| Continued Support in all areas |
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In
a Franchise business you can look forward to
support in start- up, training, marketing, advertising,
recruiting, management etc. |
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| Brand name recognition |
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This
is one of the key reasons for the success of
the Franchising business model. Brand building
is an expensive proposition. Established franchisers
always offer a national as well as regional promotion
and advertising support . This leads to huge
economies of scale and makes the business viable
for even small set ups. |
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| Management support |
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All
the best practices and wealth of knowledge is
transferred in order to have a winning
business proposition . The Franchisers hold review
meeting with the Franchisee to discuss all the
aspects of business to enable a check of its
progress, to celebrate its success and
to plan for the future. |
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