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About Brands and Branches
"Own a franchise and be a harbinger of change." Franchise business is the new trend that is paving the way for budding business entrepreneurs to get associated with the best franchise organisation across the globe. With a renowned franchise business, you also get the benefit of brand name and quality standards that gives you a competitive edge. Kickstarting a business may always not be easy. Still, if you are looking to grabbing the best business opportunity in India, and you want to become a business entrepreneur, the best way is to invest in a franchise business.
Frequently Asked Questions (FAQs)We feel good to resolve your franchise releated queries
FOCO model or franchise owned company operated model is one that has a franchisee boring all the cost of opening and setting up a franchising outlet but the company or the brand pays for the running costs. The profit per cent taken by a company is lower in this business model than the FOFO model. The company is responsible for equipment and its maintenance, staff and employment and expansion. The franchisee invests in location and legal procedures and the franchise will be under the name of the franchisee. A FOFO model or the franchise owned franchise operated model is one that is owned and operated by the franchisee, the franchisee pays the franchise fee and royalties to the franchisor for using the brand name but mostly keeps the majority profits incurred, and this may be variable according to the company or brand. If you are looking for a laid-back approach and are compatible with a lower profit per cent with less commitment, FOCO is ideal because it has minimum franchisee involvement. FOCO model lays control in the hands of the franchisee and the franchisee can operate it under minimum interference of the company.
Franchising is very promising in the modern economy. It has low risks with guarantee of income. It is tried and tested on various platforms like food, fitness, spa industry. You cannot think of a fast food product without thinking of a franchise based product in the modern day, it is conclusive proof that franchising is successful in the business sector. There are various models that benefit both the franchisors and the franchisees like FOCO or the FOCO model and various settlements like the Single unit or the Multi unit franchise that are malleable according to your business model and approach. Franchising also offers a safe exit plan with a good resale value which might not be the case for a brand established by you. Franchising is definitely safer than starting your own business since it requires lesser commitment and cost.
One should acquire a franchise that fits best to their business approach, franchisee involvement policies and perks offered by the franchisor. If you are a new investor, acquiring a franchise of a company that show success in the franchising sector already is the best option. Choosing the right franchise is the deciding factor for the success of your venture. Not only should one consider a franchise depending on a compatible business plan and the budget, but one should also keep in mind the competition, see if the franchise you wish to acquire has any other outlets in a radius of 2km or also consider the possible competitors around your location. You need to maximise your potential by allocating the maximum crowd into your outlet and sizing your competitors is an important part of it.
You can demand a FDD (franchise disclosure document) from the franchisor and it will be their legal obligation to provide you with fees, start-up costs etc. however, this method may not be ideal if you want information on their earnings or intellectual property like recipes etc. without investing in their franchise. You might want to connect to a franchise advisory to the job. Here’s one in Delhi NCR with the master franchise of various brands__ http://brandsandbranches.com/index.html
Most franchisors require franchisees to pay a fee on a regular basis (weekly, monthly or yearly). Usually, it's a percentage of sales; sometimes it's a flat fee. Some franchisors also require a separate royalty fee to cover travelling, audits and implement of guidelines . The typical rate of royalty fee 7% - 10% but that depends on the company or brand, to know what your brand is worth you might want to hire a Franchise strategy company, here’s one in India with the master franchise of various brands.
Franchising can fit into multiple domains of budgets. The price of a franchisee is influenced by how popular the brand is or how much profit it guarantees. Well established and popular international brands have franchises that are more expensive than franchises of domestic brands even if they are equally promising. The minimum cost one should expect to spend is 10 lakhs (in Indian rupees) this may be succeeded with royalties and fees that may be collected monthly or annually.
There are many brands that franchise their outlets in India. Investors can find brands that fit their ideologies the best, many franchises have themes and follow specific concepts. One has the option to acquire a franchise of casual dining restaurants, restaurant bars, quick service restaurant chains, cafés, café bars, Night Clubs , Buffet restaurants , Fitness Franchise , Salon and Spa Franchise, lounges, bars and breweries with various themes.
It is really important to choose the right franchisees to expand your brand especially if you are just starting franchising your brand. An expansion strategy company provides a network for expansion and helps you find the right franchisees; they offer various services and assistance and help franchisors set up a vendor base. Hers one in Delhi NCR http://brandsandbranches.com/index.html
Initial investment of acquiring a franchise is high with franchise fees, registration of govt licenses, construction, designing , equipment and appliances etc. even after earning good profit through sales the costs are succeeded with royalties and maintenance so it takes nearly an ear to come out of the negatives and finally start incurring profits in positive. This may be sooner depending on the sales. Every Brand has different payback period time and its varies on which franchise you have choosen. The Average Payback period is 24 – 36 months.
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READ HERE WHAT OUR CLIENTS SAY ABOUT US
Our clients's satifaction is our first priority. We do belive in following a cleaning process that offers transparency and commitment to deliver the heighly-qualified cleaning results in Brisban today.
We had been actively looking for a venture that could help us capture the market and make a name for ourselves. Opening a restaurant franchise was always our dream, but the apprehension surrounding good franchises' choice always haunted us. With brands and branches we got to know about premium brands. What amazed us was the kind of support that they rendered, right from helping us understand the business model to the functioning. While the team took care of it, we only had to run the show at the forefront.
We have always wanted to explore the Indian market. With the growing craze for a nightclub franchise, we always wanted a trusted platform to propagate our name in the Indian market, and Brands and Branches was the one that we had been looking for. It has not only popularized our brand in the market but has also brought in some great business minds taking our franchise ahead.
Lucknow is becoming a hub for many café and lounge, and we wanted a name that could resonate with the theme of the city and would also catch the demand of the market. Brands and Branches understood our requirement and helped us choose best cafe franchise in area. With the professional approach right from the first call to finalizing the deal, the team won our trust and a loyalist of Brands and Branches forever.
Hard work is the key to success, and smart work sustains it; Brands and Branches exemplify the same. The best part about this company is that they won't force the deal on you until you are satisfied with the franchise options and are convinced to run the business. Not to miss, the unending support and help that the team renders along with regular interaction has never made us feel that we are sailing the boat in the mid of nowhere; instead, there is a constant support system that makes us feel confident and has been one of the reasons for the success.
We always wanted to do our business, what better than starting with a world-acclaimed restaurant franchise. Ever since we opened our restaurant franchise, we have been getting constant support. Their unending assistance has made us stand strong and run our restaurant franchise seamlessly.
We are a reputed café and lounge franchise in the international market, and India is our step into a new kind of a market. Brands and Branches helped us expand our franchise. They have ensured that trust is the most important factor to run any business, and have delivered the same time and again.