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Career Options:Know more about franchising
2008-09-11
Name: Editor What is a franchise? What are advantages of opening a franchise? How to start a franchising business?
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2008-09-11
#1
Name: Joshua
Subject:  retail franchising is a better option
If any body who wants to join franchising they can prefer retail franchising. I think it is better way of franchising. There is less risk as compared to manufacturing. It can be just like Pantaloons and west side. Levies and Pepe are also the types of retail franchising which are doing well. It does not involve a huge risk like manufacturing and business development. In fact the franchisee can save marketing cost and will have a full scope of making lots of profit. As the brands are well known and well established there is no question of the failure of the business.
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2008-09-11
#2
Name: Munna
Subject:  business secrecy in franchising
It is very difficult to maintain business secrecy in franchising. The franchisor has to discuss all the marketing plans with the franchisee. This results in draining of the important information relating to business. It is just like inviting trouble on your own. There should be lot of trust and confidence between the franchisor and franchisee. Otherwise the whole business can result in failure. It might happen that the franchisee may rise as a competitor in front of the franchisor and ruin every thing. So it is very important to select a franchising partner very carefully.
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2008-09-11
#3
Name: Harini
Subject:  technological know how through franchising
Nothing is as simple as franchising to bring new technologies in our country. We will get new products and service in our country with the help of franchising. It is also good for upcoming business men to adopt franchising for a good start. If the number of franchises will increase in India the will be good opportunities for people. The standard of living of the people will also increase. The franchisees will get to learn lots of things regarding business. They can make lots of money through franchising. This will give a bang to the international business.
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