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Franchise Fraud & How to protect yourself against it

Defining Franchise Fraud General categories of frauds in a franchise comprises of falsified sales practices and misleading which is tricked to induce potential franchisees to incest or buy a franchise. The sales tactics used to misguide the franchisees comes in various methodologies. Stating misguided or false statements on the estimated financial performance is one of the most common methods of fraudulence in the arena of franchise. Unless until the franchisor provides you with the information about the FDD (Franchise Disclosure Document) with

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A GLIMPSE OF TERRITORIAL FRANCHISE

We must have already been familiar with the most common route by all the franchises to franchise their business, i.e. single-unit franchising.  As we all know it is a contract based on a single location. In this case, a franchise can use the trademark of the franchiser. They can use the business system of the franchiser but both must be done only in the specified location in the contract. There is another option of opening a second or third or

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How to measure franchisee satisfaction?

The overall success of the franchise business is dependent on the efforts and contribution of both the franchisee as well as franchisor. Being a franchisor, franchisees are your customers, and it is important that you ensure high satisfaction levels in an ever–changing business environment. Greater satisfaction levels are achieved when franchisors are highly committed to franchisees and vice–versa. Franchisors should ensure they have the required infrastructure, time and resources to guarantee the continuity of the business franchise network. How to define

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How to know if your business or brand is ‘Franchise Ready’?

If you feel you can make it big in your business, then it is time you also consider opening up your business to prospective franchises – that of course is the golden rule before you start your career as a franchisor! It is also the time to ask yourself a few questions and verify whether you are ready to manage a franchisee model to potential stakeholders. The following are some of the questions that you need ask yourself: How good is

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Six ways to market your Franchised Business

There are six ways to market your franchised business: direct mail, advertising, sales, promotions, online or digital marketing and public relations.  Take the most successful franchisors in the world, they have broken down these 6 pillars of marketing franchised business and continue to innovate, adapt and fine-tune as the results vary.  The following are some of the ways to market your franchised business: Advertising: The mother of all marketing campaigns – advertising is not just print media. As a franchisor you must

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Best things you should know about Franchise Consultants?

Chennai & Coimbatore are the smart cities in Tamil Nadu which has large population. Due to the large population in these two cities, development of industries and other business activities had seen a massive growth. Many mammoth companies indulge in extending of their business, so they take all possible ways to achieve it, one of the step handled by them is franchising. As these two cities Chennai & Coimbatore have lot of options to build business there are more

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How can a franchise consultant assist you?

Examining franchise opportunities can take a lot of time & you may be uncovered to things that you are not casual with, such as reviewing & understanding documents, putting together business strategy or arranging funding. Then there is the enormous task of deciding which opportunity to chase when you have numerous options. As a franchise consultant, we Strategizer can lend a hand to you from several perspectives & create Franchise Opportunities in Chennai  for you. Self-Assessment, Opportunity Assessment, Reviewing

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How to become a Franchisee?

What all to be done to become a Franchisee First, we should know the concept of Franchisee & Franchiser. To obtain a Franchisee, we should undertake a legal agreement with the firm who already have established very well in business for a particular product or a brand. If you’re new to franchise, then you can contact Franchise Consultants in Chennai to make your business to go smooth. The franchisee should robust & consistent to take over the brand. At the

Franchise Consultants In Mumbai

Excellent Business Opportunities in Franchising in Gym

Wouldn’t it be cool to follow the best practices of fitness and stay fit? Yes, nowadays everyone loves to be fit and muscled to look. Changing our body into a fitness mode will make us to feel energetic & confident to move out in the world. There are many established fitness brand centers to give Business Opportunities in Chennai by offering franchise to body builders to start gym. Fitness awareness started to increase among youngsters in recent years. This is

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Food & Beverages Franchising – A Profitable Business Solution in India

Are you drained by working untiringly at your existing job, feeling unacknowledged for your efforts, unconcealed and featureless? If you are the person who has a dream to becoming a successful entrepreneur also being your own superior, and you have enough capital and earns to do it, you should deliberate by capitalizing in the best franchise opportunity. Though it is factual that most business proceeds are downcast due to the poor economy the globe is at presently challenging, it also

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Identify your perfect franchising business for startup

Starting a business, and make it successful is not that much of easiest one. It involves more efforts and money investment to get good profit and return on investments. According to the business experts, it is a wise move than starting an own business tie-up with well-established franchising business opportunities makes the good profit along with low business risk. The following aspects are very important to start a franchise business. Identifying business : At first, identify the franchise business that suits

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A dynamic evolution of franchise in food and beverage sectors

Starting a business is the dream of many people, at the same time many of them afraid to take some risk. Owning a franchise is a big boon for those peoples because which has low-risk factor and marketing efforts. In India, these franchise-based business makes a huge impact in market particularly food and beverage sector. Food franchising is a steadily rising business sector because of varying consumer taste also businesspersons is identifying peculiar methods to satisfy the customers need. Particularly

Deriving business opportunities using franchise consultants

A question pops up in every mind is that how to sell my franchise? Based on their own self-interest, the consultants, lawyers and others offer their piece of advice. Responsible advices are taken into account for this vital subject. Franchise sales efforts have been performed only in the in-house based on their needs. Franchise development person is responsible for generating their own leads and other functions involved in the business. Expansion of the business process deals with franchising which is

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Top Franchising Trends for the business owner

Franchising is going to reach to a greater height in 2018. It is going to be a game changing year for the franchising business opportunities in Chennai. There are many reasons behind it. Before getting into the detailed discussion on top franchising trends, let’s have an overview of a current economic situation. It is because the economy usually affects the franchise business. The Franchise Consultants have a continuous flow in the business process

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How to Franchise my Business with Franchise Consultants

Businesses are usually carried out by putting great efforts. When it reaches to greater heights, we are in search of ways to take it to the next level. Success is usually determined by the amount of efforts we put in for particular business. The exact answer to lead a business into a successful path is by franchising the business. Franchise the business is the best way which helps in making more profit for our businesses. The Franchise