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A LOOK AT FRANCHISE IN INDIAFranchise market is today’s developing story and tomorrow's success for entrepreneurs in India.
Contents
Why franchise is powerful?1
Top Industries in India2
Industry watch: Health&Fitness 3
Franchise Zing4
FRANCHISE IN INDIA
There are presently 3000+ brands that are using franchising as a tool to expand business in the market.
Since the government of India has given nod to FDI, many international brands are waiting in the wings to utilize the chance.
Home brands, of various sizes andindustries, too participating in franchising, and creating opportunities in business.
India is considered a favourable destination for business expansion due to intense population and altering lifestyles.
The market is getting big
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The industry was estimated to be worth of Rs 80, 400 crore in 2012, contributing 1.4% of GDP
It is suggested that the market will grow in fourfold by 2017, accounting for almost 4% of Gross Domestic Income.
The growth is consequently capable of providing 11 million employment opportunities in India.
WHY FRANCHISING IS POWERFUL?
Franchise business allows business-skilled people to have their own business without strains of huge investments. The concept minimizes the risk of developing a business as the brand permits the investor to employ its trademark, for business purpose, at any given location. Further, franchising let the investor enjoys early returns, which is otherwise uncertain if starting a whole new business. For a country, at large, the concept helps in generating the possibilities of promoting self-employment among people. Hence, overall growth will affect country’s purchasing power.
Franchising Comes With A Great Value For Starting Entrepreneurs.
The concept encourages
entrepreneurs to utilize their creativity in processing a business, and also prompts them to work hard as now
they are working for themselves.
Training and support of the
parent company is offered to
franchisees to run the
business, which proves helpful for an
amateur entrepreneur
to grow.
Opening a franchise business allows
investors to secure their
share of profits [ROI],
which is otherwise
limited if in the job.
Brands that offer franchise have already established
their name in the market, so franchisees do
not need to struggle hard to build the
business from the ground
Starting a franchise business
usually comes at a low cost, if looking at the investments needed in
starting a new business,
moreover risk involved is
relatively low.
But that doesn’t mean an investor need not require a self-satisfactory investigation over the franchise brand.
For Brands Get A Valuable Growth In The Market
Brand Development via franchise
Investment will be no barrier for expanding business. Quick Market penetration
will be there
Customer footfalls will augment through brand awareness.
Self-motivated entrepreneurs will
operate the business
Enhance the brand value in market.
Better financial condition will leverage growth of overall business.
TOP INDUSTRIES IN FRANCHISE BUSINESS
Food & BeveragesRetail
Health & fitnessConsumer servicesEducation
OTHER INDUSTRIES THAT ARE GAINING LEVEL IN THE MARKET
Apparels
logistics Cafeterias
Real estate
footwearHealth
and wellness
Beauty salons
Kids’ toys and clothing
Fashion accessor-ies and jewels
Operating a successful franchise business needs right mechanism A
powerful franchise
model
Zeal and hard
work of franchise
es
Thorough support of the
franchisor
HEALTH & FITNESS INDUSTRYOF INDIA
The organized sector which currently accumulates about 5% of total retail market is expected to leap to 15% by 2025.
A recent study by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst & Young suggests that the wellness industry is growing at close to 30 to 35 percent annually and is worth 110 billion.
Due to higher incidence of lifestyle diseases and lack of physical activity in day-to-day life, people have become conscious about their fitness. Further, the aspiration to look good is also encouraging people to use various forms of fitness techniques.
The awareness of fitness sector in India has been fuelled by the TV boom and the media exposure, everyone aspire a fit body, for which they are not shying away from going to the slimming centres or gymnasiums
HEALTH & FITNESS INDUSTRYOF INDIA
With higher disposable incomes and a growing young population, awareness about fitness and a healthy lifestyle is growing, giving a huge opportunity for a country like India with over 80 towns, to offer platform for productive growth in the sector.
Major parts of India is still to be tapped with health and fitness clubs, because of which major international and domestic player are stooping in to reap maximum share of foothold.
Fitness industry is projected to be 50,000 Crore industry by 2030 which means the competition is going to be tougher in years to come.
FRANCHISE ZING: BRIDGING GAP FOR YOUR SUCCESS
We have come forward to offer you tailor-made services for your business expansion in India. With best experience of the field, we let our clients to discover potential franchise business, from around the corner, by fitting accurate parts of business at potent location, to retain the productivity of franchise market in India.
Brand seeking
expansion
Investors seeking business
Webridge the gap
It’s whether you are planning to extend your business reach, or desiring to get started with your own business, we are here for you to guide you with best services and practices.
Head office: 239, West End Marg Near Saket Metro Station MB Road, New Delhi 110030 Phone: +91-97178-99733
WE WILL LOVE TO HEAR ABOUT YOUR BUSINESS PLANS !
Branch office: D 217 D Vibhuti KhandGomti Nagar,Lucknow- 226010Uttar Pradesh, India
Visit us at -> www.franchisezing.inWrite us at -> info@franchisezing.com
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