December 2018 – Franchising POC

Want To Start A Business, Try Franchising

Posted on December 31, 2018 by blogger

Want to start a business? Many have the capital, but wonder how to realize this dream without a good idea? Don’t worry. There are plenty of people out there who do have good ideas and who would love to take on a partner. The reason is that, while, these business owners may have the good idea, vision and desire, they may not have the time or the money to realize their goal of branching out. Therein lay an opportunity for any wise investor with hopes to collaborate and grow alongside a lucrative business.

One of the best parts about these types of opportunities is that they are easy to realize. There is no need to start a business from scratch. There are plenty of businesses that are already operating and that already have clientele, so the desire to start a business does not require it be started from the ground up. A business can be started through a powerful business model called franchising.

Franchising provides a template for an existing business in that is in need of smart investors. It also provides the creator of the business a means to share his or her dream with more customers. It also provides the creator another stream of revenue in the form of added capital provided by the wise investor: An investor with the foresight to realize a good thing when he or she sees it. For those who have considered starting a business, expanding a good one is a smart way to go about accomplishing this goal.

If franchising sounds like a good investment, what would be the next logical step in making this dream a reality? One path that a curious investor might take, leads to a maze of information that could be difficult to disseminate. Another path would be to find an expert in the field or a group of experts that can help you figure out how to franchise. For those who prefer the easier and more logical approach and for those who seriously want to start a business, there is the How to Franchise System.

The How to Franchise System provides information on the best way to create a partnership through utilizing the franchise model. This system also provides all the tools needed to open up a second establishment as well as how to maintain a consistent level of quality and service. If there is an opportunity out there that looks like it would make a good franchise, the wise investor would act before someone else sees the opportunity. And, best of all, Franchising is neither as hard, nor as expensive as many think. It is one of the most affordable ways for someone to start a business.

Just look for the How to Franchise System where all of the guidance and support needed to turn one successful business into two or more successful businesses is available. The dream can be a reality, but only for those who are willing to take that initial step by going to How to Franchise and seeing what can be done for someone who wants to start a business.

School Franchising – Road ahead

Posted on December 25, 2018 by blogger

Franchising has emerged as a most preferred model for business expansion, as almost every business irrespective of their nature and sphere is opting for it. Franchising is one significant way in which a company can take advantage of India’s vast market and also with low risk factor involved. Till few years back, there were less options in franchise arena, but due to its business advantages entrepreneurs are being propelled to venture into exciting business concepts.

The current decade has witnessed franchising gaining newer heights and especially in the field of education. Operating a business is much safer and easier if done the franchising way. Several brands vouch for this franchise route as it is the most feasible alternative for growth in the volatile Indian marketplace. With introduction of unique concepts, people with interest in education sector are adopting franchise route for expansion.

The increased acceptance of the importance of education and the proven success of education franchising in India has led to a boom in the number of business owners wanting to expand their education brands through franchising. 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, 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, etc are also being provided through franchise model. Not only this, Franchising has grown even in the pre-school sector.

The increased consciousness among parents regarding the education of their kids has given a great boost to pre- school education business. Also, the international pre-school brands foraying into India and the up-gradation of Indian brands to provide quality education is another factor contributing to growth of this sector. School Franchising is a proven business model and therefore, it is safe to opt for this business especially in case of new entrepreneurs.

School Franchising comes with a long list of benefits like training, transport, effective promotional material and advertising; everything is taken care by the franchisor. Some also provide books, uniforms, shoes, activity charts, school bags, crayons, diaries, lunch boxes and water bottles to the children. The Franchisor not only shares the brand image, but also the knowledge, experience, and technical expertise with the franchisee.

India is one country that offers various franchise and business opportunities. In today’s competitive world everyone wants to stay ahead in the race of success and for that majority of people have decided to indulge them into business. For cashing the business opportunities and to succeed in this race, franchising undoubtedly emerges as a top choice.

Looking For a Part Time Business Consider a Tax Franchise

Posted on December 20, 2018 by blogger

There are many franchise opportunities for people who would like to work part time or on a seasonal basis. They range from consulting franchises to income tax franchises.

Many people can not afford the luxury of a full time business or employment. Rather then seeking a part time job, they would rather be in control of their lives. The problem with most businesses is that they are only profitable if run full time.

This begs the question what are the characteristics of a part time franchise business? The answer is that a part time franchise needs to have a blend of the following ingredients:

1) Low overheads2) Flexible working hours3) No need for large or year round premises 4) Few if any employees5) Minimal requirements in terms of equipment6) No stock or minimal stock requirements

So what types of franchises are suitable for people who would like to work part time or on a seasonal basis and would like to be their own boss? After spending time researching the market, You find that these niches that can satisfy the above requirements:

1) Business cost management – a franchisee is trained to visit companies and analyse areas where cost savings can easily be made. The franchisee makes a percentage of the savings. Many companies are so busy running their companies that they overlook many areas that, with a little effort, could save a lot of money.

2) Financial Solutions – This franchise opportunity arises because people simply don’t have the time to analyse all the options available. The franchisee arranges loans, mortgages & pensions for people by analysing what’s available on the marketplace and producing a report with a quick comparison.

3) Car Valet – a franchisee – well equipped – with a van, powerful cleaning equipment and the right chemicals can easily clean 6 cars per hour. It doesn’t take a genius to realise that a healthy income can be made by doing work professionally that other people don’t want to do!

4) Vending franchises – With this business opportunity, the franchisee has to persuade businesses with healthy foot flow to keep a vending machine on their site. The profits are then split equally between the supplier, franchisee and the site provider.

5) Childcare franchises – They do what they say in the title! Many people are caught trying to take care of their children who happen to finish school a couple of hours before they finish work!

6) Tax franchises – Unknown to most prospective business owners, the tax return industry is booming! For the past several years, the tax preparation industry has grown significantly. As such, investing in the tax industry can be very lucrative.

In a recent interview with Tri Tax founder Mr Carlos Marquez he reminded us of that old Benjamin Franklin saying about death and taxes, which is why tax industry always makes sense. Many taxpayers now have to deal with the tax consequences of losing their home, losing money in stocks, or cashing out retirement accounts. Add to that all of the recent changes to the tax laws, and you can see why tax preparers are needed now, says Marquez.

I have named only a few opportunities, but in reality they are many and varied. Other options include therapy, cleaning and food delivery franchises.

Please remember to take financial and legal advice before committing to any new business opportunity.

Key Tips On Buying A Master Franchise Business

Posted on December 15, 2018 by blogger

Master franchise opportunities present one of the greatest opportunities for investors in the franchising industry offering high capital investors residual income for years to come. Master franchising offers the opportunity for an individual to purchase the rights to sub-franchise a franchisors business concept within a specific territory. Here a master franchisee pays the franchise company a significant initial fee to purchase the rights to develop the territory. Later on the master franchisor enjoys the benefits of most or all the initial fees and royalty fees paid over time by the individual sub-franchisees in the territory.

Investing in master franchise opportunities is one of the largest investments you will be making; hence choosing the right concept is extremely important. Here are some tips to help you to buy a franchise business in this segment:

Do Thorough Research: Research is something that you need to spend time on to search for best master franchise opportunities. When you decide to buy a franchise business and that also a master franchise, it is essential for you to understand two basic entities. First it is the franchise company and second one is the master organization. The franchise system must be based on a solid business model as without this a master franchise cannot succeed. Also dont forget to research the market and territory demographics to come to a conclusion about the demand of the product or service in the specified market.

Understand Your Responsibilities: A master franchisee is generally provided the responsibility of recruiting individual sub-franchisees within his territory. Apart from this, a master franchise owner needs also to provide support and training to individual franchisees. In fact, it is the duty of the franchisor to ensure success of sub-franchisees. Owners of best franchise opportunities often provide a detailed outline of roles and responsibilities of their master franchisees.

Meet Other Master Franchisees: The best suggestion about managing master franchise opportunities are the master franchisors only. Hence, try to talk to other people who have invested in master franchise. Arrange a meeting with some franchisors and try to find out what types of challenges they face, what kind of support is available, and any other queries. The more you can know from them the better will be for you to manage your business.

Business Must Suit You: Dont just get lured by the business proposal of top master franchise opportunities. Check out the business model thorough to make sure that it your investment limitations and your goals. Never go for a master franchise business that is much about your budget level. Plus, if you’re not interested in a type of business, then it’s not a good match for you to consider.

Visit Franchise Outlets: When you decide to buy a franchise business, be ready to invest your time. Before making a final decision you must take out time to actual visits to as many franchise locations as possible. This will give you a clear picture of about how good the master franchise business is that you are planning to invest upon.

To conclude, when you decide to buy a franchise business you must follow your instinct. You must be passionate about the business you want to invest upon.

Going The Franchising Way!!

Posted on December 11, 2018 by blogger

To be a franchisee or not to be, that is the question?
In planning ahead it is important to be aware of all the options available to you.
The good news is, the results you achieved last year was based on the model you operated, so if you were happy with what you achieved keep doing what your doing. If you were not, then changing your marketing strategy, upgrading your web site may not be enough to get what you deserve. Addressing the method in how you do business is by far the most import thing you need to do in your business.
One need only look at history for supporting evidence on whole industries that have all but disappeared from this land because owners were not prepared to change their models to meet the ever changing market. Look at the car industry and the Ambassador. Dont let your business be a statistic. Just think two years ago before the Apple phone there was no such thing as a phone app, today there are more than 600 000 phone apps. Change is inevitable in all that we do, we can either stick our heads in the sand and be overwhelmed by change, or embrace change and build a dynamic business designed for today and tomorrow. There is business to be done and there are smart ways to get it.
I know that in our real estate industry, mention franchising and ones audience becomes immediately skeptical, however I believe this skepticism is probably based on a lack of understanding of how much value a good franchise model can add to an existing business.
I have taken note of various comments made by the franchise industry and share them with you, and yes it could be construed as self serving, but the comments do tell a compelling story.
I know that given the choice of having to navigate a stormy sea I would be more comfortable on board an ocean liner than paddling my own canoe.

FRANCHISE INDUSTRY CONTRIBUTES SIGNIFICANT INCREASES TO THE INDIAN ECONOMY DESPITE A SLOW DOWN IN MOST OTHER SECTORS
94% of franchisees are optimistic about future business
Nine out of ten businesses are profitable
86% increase in the number of women franchisees
INDIAN franchise businesses continue to grow and remain robust despite economic conditions, with the industry contributing significantly to the country’s GDP last year.

2011 was a year where more businesses took up franchising as a business model. Franchisors’ confidence for the future of their business also grew with 94% being optimistic about business conditions, in comparison to only 82% last year. Franchisors and franchisees are hopeful about the potential for growth with franchisors on average planning for a large number of additional franchisee outlets.
Franchised businesses have weathered the tougher economic times extremely well, which is not surprising if we look at how franchising has proven itself over the years. The combination of the wider business support, training and economies of scale, with the determination, enterprising nature and local business focus makes franchise businesses a very robust offering. This year has highlighted this particularly well with success rates of franchise businesses not dropping.
It’s been a tough time for businesses across the India, but franchised businesses have clearly shown a high level of stability and robustness and made a valuable contribution to the Indian economy last year.

At RE/MAX we have invested a huge amount effort and resources over the past 3 years developing systems that address:
Affordable growth
Productivity
Forecasting cost
Quality service
And profitability

We have implemented these systems in all of our offices and Regions and have experienced phenomenal results.
We are looking to grow our business with like minded people who have the desire to lead their local real estate markets.
To find out more about the opportunities we have, please contact:
Puneet Verma – or call him 09654965021 or www.remax.in