It doesn’t matter how beautiful you look, what matters is ‘how beautiful is the cause!’ This statement was made by my friend Rushi when I asked him – ‘Would short hair suit me or would I look less beautiful without my long hair?’ This conversation started because I have been thinking for some time to…
Hey friends, last blog was focussed on the basic concepts of Franchise. In this blog, we will speak about the challenges that a franchising business faces from the Franchisor’s point of View Capital: A franchisor needs sufficient capital to sustain the business on its own until sufficient number of franchise (franchise stores) are generated. Thus,…
Franchising is a marketing strategy to expand business. It is a partnership between a Company (Franchisor) with an entity who is an Individual or another Company (Franchisee) to sell its products or services under the Trademark of the Franchisor. The franchisor maintains a number of controlling factors related to the franchise. For example – Predetermined…