Month: June 2014 (Page 1 of 4)

Franchise Solicitors And The 3 Most Common Types Of Franchise Agreement_1_2_3_4_5_6

Franchising is a process that many businesses go through. Typically, it involves the ‘franchisee’ buying into an existing brand and setting up a business that operates under an existing trade name.

The process is often quite complicated and, depending on which type of agreement you choose, it can also be quite costly. This is why it is so important to get really specialist franchise legal advice from expert solicitors to help you with the process and make sure you get the right agreement. Read on to find out about the three main types of agreement your franchise solicitors will be able to help you with.

The type of agreement that is often most suitable for companies is a business format. This can be beneficial as it gives new franchisees a ready-made model to work from. They buy goods from the parent franchisor and then sell them on under that brand name. Alternatively, they can offer services depending on the nature of the business. There will normally be an initial fee up-front to buy into the brand and then royalties might also have to be paid to the parent company – this is something your franchise solicitor will be able to explain in more detail.

In the retail industry in particular, it is also common for distribution agreements to exist. This is where the franchisee is given a range of products to sell under the existing trade name and branding of the parent company. This is the model that is adopted by retailers such as The Body Shop and Specsavers; all their shops are under the same brand name but are effectively run independently.

There is also a manufacturing agreement. This allows franchisees to make products under the trade name of the original franchise and is commonly found in the food industry. Again, this type of agreement usually requires a fee to be paid to the parent business, but this is likely to depend on how much of the product is actually sold. The parent business also normally takes most of the responsibility for the marketing of the product and sales often rely on its reputation.

Franchising can be very complicated, especially if it’s something you have never done before or you are unsure which type of agreement would be best for you and your business. It’s vital that you talk to get the right franchise legal advice from specialist franchise solicitors to make sure that not only is franchising right for you, but also that you have chosen the right type of agreement that will benefit the parties on both sides of the deal.

Fluid Fitness Eyeing Expansion Through Franchising

FLUID FITNESS EYEING EXPANSION THROUGH FRANCHISING
New Delhi, July 5, 2011: One of the leading fitness solutions provider, Fluid Fitness has engaged Francorp, a part of Franchise India Group, which is Asias largest integrated Franchise and Retail Solutions Company for their strategic nationwide expansion.
Promoted by PSA Fitness Centres, Fluid- the Fitness Lounge was established in the year 2004 with an objective of providing overall fitness solutions to the individuals. Coupled with state-of-the-art fitness equipments and techniques and well equipped trainers, Fluid was an attempt to regularize the otherwise unorganized fitness industry. This resulted in Fluids association with market leaders in the fitness equipment industry. Thus at Fluid you will find the seamless integration of state of the art technology and world renowned spa techniques in an environment which is totally breathtaking. The brand currently operates five health clubs in total, with one full format lifestyle fitness club under the brand name Fluid The Fitness Religion having entire range of services from world class gym, Ayurveda, Aerobics, Spa etc. The company has another brand extension referred to as the Fluid Active Fitness which offers only the gym facility under the name.
Commenting further, Mr. Pankaj Suri, Director, Fluid Fitness said, To initiate franchising is a business decision as we feel ready to enter the second stage of growth and evolution. Fluid will provide complete assistance from brand support to selection of location, equipment purchase and assistance, training modules, SOPs, to manpower recruitment. Since we will be associating our brand name, it is imperative for us to train our partners well.
Adding to this, Mr. Gaurav Marya, Managing Director, Francorp said, The franchising opportunity is at very exciting in the fitness space. Changing demographics, rising income levels and increasing urbanization has also fueled market growth. Indian fitness industry is hugely under-penetrated market as compared to several other developed and developing countries in the world.

For further information, please contact:
Franchise India: Madhulika D Singh I Sr Manager – PR & Corporate Communications I 09999747048 I [emailprotected]

Franchising Industry To The Growth Of The Philippine Economy

What made franchising a popular trend in the Philippines? Franchise businesses, such as food-cart and food-stall businesses, had gained a lot of popularity and demand in the Philippines. The reason why is because of the opportunity for Filipinos to start a successful business, while it also serves as a popular solution to poverty by the government.

Franchising Industry in the Philippines
According to the PFA, or the Philippine Franchise Association, the franchising industry of the Philippines had grown immensely since the start of small Franchising business Philippines, such as food-cart and food-stall businesses.

In a report by the PFA, the number of franchises in the country had grown from only over 50 in the 1990s, to over a thousand since 2009, and it kept growing even today.

Its growth was a major milestone in the franchise industry of the Philippines, and the government had also seen its potential as a solution to the growing problem of poverty in the Philippines. A popular application of franchise business by the government is when OFWs from Libya had fled the country to return home.

Because most of them doesn”t have any work in the Philippines, the government had gave them a free business management course on how to manage a small business, particularly managing a franchise business such as a food-cart or food-stall business.

In addition to that, another contribution that the franchise industry of the Philippines had given to its economic growth is by providing Filipinos with more jobs. According to the PFA, the growth of the franchise industry of the Philippines had created thousands of enterprises which generated hundreds of thousands of jobs, making franchising an important tool in the country”s economic growth.

Accomplishments for the Philippines
The growth of the franchise industry of the Philippines had also garnered a number of recognition for the Philippines in the world market.

According to the PFA, the growth of franchise business in the Philippines had recognized the Philippines as the “franchise hub of Asia” when it comes to the development of franchise concepts. This had also allowed entry into the international market of Filipino brands and concepts.

These and other achievements have made franchising the preferred business method for more and more entrepreneurs “” both aspiring and established.

Mister Donut Franchise – Orientation With The Business_1_2_3_4_5_6_7_8

The best donuts are now produced by one of the most famous international franchises, the Mister Donut Franchise. The fact can’t be denied that donuts are one of the top five choices of sweet tooth lovers ranging from kids to adults. Its stability and profitability remained since then. Aside from this, it attracts a lot of aspiring investors because they could start up in a smaller capital.

Most newbies cannot afford to establish from scratch and compete for their own fame and name. Instead, they opt to follow what has been established already with trusted reputation. They select the names that the consumers already love to buy or pay for. This is Mister Donut Franchise. There are so many benefits for availing Mister Donut Franchise that made it even more popular. Aside from its good record and reputation, the worldwide advertisement support and promotional materials such as television, newspaper or radio ads already exist. The operation is so easy with great provision on expansion and growth.

But how does franchising work? Just like with any other businesses, jumping into the venture without proper orientation will lead to early failure. Franchising is actually buying a business model of a certain company. When we say business model, we are referring in terms of the company’s idea, system, strategies and name. These key factors are proven to be successful and feasible in several areas. As also practiced in retailing, franchising offers the advantage of starting up quickly based on a proven trademark. It is also done in the basis that is similar to tooling and infrastructure rather than developing them.

With Mister Donut franchise, being the original owner of the business, Mister Donut is called the franchisor. Whereas, those who pay for using the business model of Mister Donut are called the franchisee. Whatever success that the franchisor will achieve, will reflect to its franchisees. Mister Donut will also provide marketing, logistics and sales assistance. They also offer training support and technical assistance on site assessment and development. Or lend the credibility of its business. With Mister Donut franchise, the franchisee is expected to be responsible with the direct stake in the business; therefore he gains the greater incentive than the franchisor.

As the franchisee of Mister Donut franchise, the name is now handed unto you. Just have the proper attitudes such as enthusiasm, dedication and determination. These key attitudes will surely lead you to the top.

Enjoy Franchising Business Opportunities And Be Your Own Boss

All those with the zeal to be their own boss always get different ways to lead, one is through franchising with a good brand, second is business for sale and the other is establishing a whole new business. However, all of them require big amount of investment in the initial stage. But only franchise comes up with fast recovery along with good market reputation. You will get several business opportunities related to franchising. However, there are always chances of getting failure in establishing a new business. Therefore, if you have been looking forward to own a business of your own, always give preference of franchise. There are various benefits that come along with franchising. Below mentioned are the top 3 benefits of franchising rather than establishing a new business:

Complete support:

Franchising with a good brand allows you to lead a company along with full support from the parent companys side. The in- build support team of the company is always there to support you in all your tasks and decisions. After getting franchise there is no need to hire a different support team as they are already there to help you in accomplishing all your endeavors. In case you come across any problem with the product then they are always there to handle the entire situation quite efficiently. The support team is always there to guide you in your entire business front. As you have entered the franchise business recently therefore, you will require help to understand every perspective. This is where the support team comes into the picture and assists you in leading ahead the company. After attaining UK franchise you may enjoy doing business with a relief of support from the team.

Established market reputation and brand value:

Franchising with an established business lets you enjoy its well-known market reputation along with strong market value. You actually attain a readymade recognized brand with rich clientele and consumer base. Customers recognize the brand therefore end up preferring it which further results in enhanced profits. As the brand is in the market for the past many years and have earned their respect and assurance enables you to gather more respect. You will always be recognized with the parent companys logo, clients, uniform and products which will further let to earn more money and respect as well.

Pre-planned business strategies:

After franchising with a reputed brand there is no need to develop any strategy or business plan as you get per-planned company strategy. You dont have to hire any marketing experts and advisers to establish any business marketing plan. All you have to do is simply follow the strategies and guidelines which are already there for you. The parent company already boasts its clients and consumers to whom you have to manage and serve quality products.

Franchise Business In India_1_2_3_4_5_6_7_8

With the advent of global players in the arena the whole perception of the business has changed. Franchising business has become a trendy business formula these days and is gaining strong grip in India. We can claim that it would be the wave of future business in the country.

Franchising is the practice of doing business involves the use by a person (franchisee) pursuant to a license of another persons (franchisor) business model, name, image and business identity along with his confidential know-how to make use of intangible assets in a particular territory for a specified period with or without assured financial return to the franchiser. For the franchisor, the franchise is an alternative to building ‘chain stores’ to distribute goods and avoid investment and liability over a chain.

This model of business works best in businesses with a good track record of profitability and businesses which can be easily duplicated.
Though franchising business in India has witnessed impressive growth of around 30-35 percent over the last 4-5 years with an estimated annual turnover of $ 4 billion, this is a mere fraction of the potential that India can offer. According to the estimates of the Indian Franchise Association, there would be at least 50,000 franchises in the Indian market in next five years.
India is one of the biggest franchising markets because of its large middle-class of 300 million who are not reticent on spending and because the population is entrepreneurial in character.

A huge consumer base of over a billion people including a flourishing class of urban consumers having substantial disposable income with quality and brand awareness is instrumental in attracting foreign enterprises to the country. A good number of international players are planning to enter the fast growing franchising market in India.

Mister Donut Franchise – Orientation With The Business_1_2_3_4_5

The best donuts are now produced by one of the most famous international franchises, the Mister Donut Franchise. The fact can’t be denied that donuts are one of the top five choices of sweet tooth lovers ranging from kids to adults. Its stability and profitability remained since then. Aside from this, it attracts a lot of aspiring investors because they could start up in a smaller capital.

Most newbies cannot afford to establish from scratch and compete for their own fame and name. Instead, they opt to follow what has been established already with trusted reputation. They select the names that the consumers already love to buy or pay for. This is Mister Donut Franchise. There are so many benefits for availing Mister Donut Franchise that made it even more popular. Aside from its good record and reputation, the worldwide advertisement support and promotional materials such as television, newspaper or radio ads already exist. The operation is so easy with great provision on expansion and growth.

But how does franchising work? Just like with any other businesses, jumping into the venture without proper orientation will lead to early failure. Franchising is actually buying a business model of a certain company. When we say business model, we are referring in terms of the company’s idea, system, strategies and name. These key factors are proven to be successful and feasible in several areas. As also practiced in retailing, franchising offers the advantage of starting up quickly based on a proven trademark. It is also done in the basis that is similar to tooling and infrastructure rather than developing them.

With Mister Donut franchise, being the original owner of the business, Mister Donut is called the franchisor. Whereas, those who pay for using the business model of Mister Donut are called the franchisee. Whatever success that the franchisor will achieve, will reflect to its franchisees. Mister Donut will also provide marketing, logistics and sales assistance. They also offer training support and technical assistance on site assessment and development. Or lend the credibility of its business. With Mister Donut franchise, the franchisee is expected to be responsible with the direct stake in the business; therefore he gains the greater incentive than the franchisor.

As the franchisee of Mister Donut franchise, the name is now handed unto you. Just have the proper attitudes such as enthusiasm, dedication and determination. These key attitudes will surely lead you to the top.

Looking For A Lucrative Franchise Business Opportunity In India_1

Are you looking to make new venture by investing in a franchise business in India? In such cases, you need to seek the help of a reputed consulting firm which can help you get unmatched value from your franchise business in India. If youre really looking towards opening up a franchise in India, you must need to know this is one of the most widely adopted business options for first time or small entrepreneurs. In this way, you can start from the scratch by buying a franchise of a known brand. This can help you gain significantly in lesser period of time.
The major advantage of taking up a franchise business in India is that it is fully tried and tested model to work upon. Secondly, it gives you the necessary exposure and visibility in the market. The rules of these franchisees are mostly laid out by the franchisor. There are certain factors need to be considered before deciding on a franchise business in India.
Decide the objectives The most important thing you need to do is to determine the primary objective of taking up a franchises in India. What you expect to get in return in terms of return on investment or annual income? If you have plans to start your own business, it is always good to be the owner of a franchisee in India. This mode will definitely help you learn more about modern business environment.
Start it if you have sufficient funds Owning a franchises business in India will cost costly to you. What if you look to get the franchisee of a world-known brand such as McDonalds, PVR, Haldiram, Barista or Subway? Be preparing to bear the cost as the annual franchisee fee itself can run into several hundred thousand rupees.
When it comes to negotiation, the franchisor is likely to sell you some dreams and their ROI estimations will probably focus on initial franchise fee, royalty payments if any and capital expenditure for set up. Always remember that the business is not likely to pay for itself especially in the beginning, so the current requirements will be considerable.
Ensure your worth There are some basics attached to the franchise business. The success of a franchise business in India eventually depends on the skills of your team. Always make a sagacious choice when it comes to choose from a list of franchisors.

Htl International Holdings Limited Company Profile And Swot Analysis_1_2_3_4_5_6_7

The profile contains a company overview, business description, financial ratios, SWOT analysis, key facts, key employees, as well as information on products and services.

Summary
This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to gain a better understanding of the company’s business. ‘HTL International Holdings Limited: Company Profile and SWOT Analysis’ report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. WMI strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

Scope
Examines and identifies key information and issues about ‘HTL International Holdings Limited’ for business intelligence requirements Studies and presents the company’s strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported The profile also contains information on business operations, company history, major products and services, prospects, key employees

Reasons To Buy
Quickly enhance your understanding of the company Gain insight into the marketplace and a better understanding of internal and external factors which could impact the industry Recognize potential partnerships and suppliers Obtain yearly profitability figures

Key Highlights
HTL International Holdings Limited (HTL) is an investment holding company based in Singapore. The company primarily undertakes manufacturing and the sale of leather sofas and leather upholstery hides. It is also involved in tanning and distribution of finished leather for in-house consumption and external customers. Furthermore, the company provides cutting and sewing of finished leather and fabrics. The company also provides customized home furnishing and design solutions through direct retailing or franchising. HTL has presence in several countries across Asia, Europe, North America, Australia and New Zealand, and is headquartered in Singapore.
For more information kindly visit : HTL International Holdings Limited: Company Profile and SWOT Analysis

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Contact us at :

Company Profiles And Conferences
Phone : + 91 22 27812707
E-mail : [emailprotected]
Website : www.companyprofilesandconferences.com

Franchise Opportunities In India

Franchised operations in India are increasing by the day. Being geographically vast and culturally diverse, India offers the most favorable franchising environment. While companies benefit by having many profit making outlets in different parts of the country, franchisees in India benefit by being able to generate good returns with little investment and risk involved. Entrepreneurs are making the most of India’s franchising market and growing economy by becoming successful franchisees. Indian franchisees can now choose from a plethora of international as well as domestic franchising companies. There are numerous attractive franchising options available in various sectors.

Ever since the franchising boom in the nineties, there have been many success stories. Franchisees in India helped many businesses grow and establish, while also gaining immensely from their business ventures. Examples of international franchises that have been successful in India include food and beverages giants such as Subway, Mc Donald’s and Kentucky Fried Chicken among others. Indian companies that have benefited from franchising include names such as Barista, MRF, NIIT and Apollo hospitals among others. It’s not just the bigger companies; smaller international and domestic companies also look for franchisees in India. The capital required for such ventures would be smaller when compared to highly reputed companies. The downside however, is that the risks are more, since you cannot ride on the popularity wave generated by the reputed companies.

Depending on your choice of business, you can either work from home or from an outside location. The initial capital you may require to start a franchising venture will depend on the type of business and the franchisor’s requirements. Most home-based franchise options are suited for work-at-home women. Cosmetics, healthcare products, services, home business household products and e-commerce ventures, make for convenient yet rewarding franchising options. Franchisors provide training and support and your business can gain from the image and professionalism of the franchising company.

Franchising allows entrepreneurs to have their own business, without many of the risks associated with a start-up business. Franchising also offers you great income and a flexible work style. But, as a potential franchise purchaser, you need to carefully consider the finances and risks associated, prior to starting your business. Read Franchise Plus to learn about the benefits, profits and risks associated with franchising in India. We help you make an informed franchising decision for a successful franchising venture in India.

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