#franchise #franchisebusinessopportunitiesinindia #howtostartabusiness
Business ideas in pune marathi
small business ideas in Maharashtra in marathi
Chapters:
00.00 - Right Attitude For Business
1:15 - Franchise Business Model
7:44 - Business Finance
Franchise Model :
Our Marathi podcast delved into the pros and cons of the franchise model and the rising trend of franchise businesses in India. Franchises are popular for rapid expansion of successful businesses and providing aspiring entrepreneurs with opportunities to own their own stores. But are there hidden risks in this model?
What is the Franchise Business Model?
In franchising, an established business (franchisor) grants another business owner (franchisee) the right to use their brand name, business system, and operational knowledge. In return, the franchisee pays the franchisor an initial fee and ongoing royalties. This popularity in India stems from potentially lower risk and promising returns for entrepreneurs.
Benefits of Franchising:
Established Brand Name and Reputation: Having a recognized name helps new businesses gain traction.
Proven Business System: No need to reinvent the wheel - follow the franchisor's established system.
Support and Training: The franchisor provides guidance and training throughout your journey.
Increased Sales Potential: Leveraging a brand with an existing customer base can boost sales.
Drawbacks of Franchising:
High Initial Investment: Franchise fees and other costs can be substantial.
Limited Freedom: You must follow the franchisor's set rules and regulations.
Reliance on Franchisor's Success: The franchisor's performance impacts your business too.
Competition: Other franchisees in your territory become your competitors.
How to Succeed in a Franchise Business:
Do Your Research: Carefully investigate the franchisor and their model.
Seek Legal Advice Before Investing: Thoroughly review the franchise agreement and consult a lawyer.
Ensure Relevant Skills and Experience: Make sure you possess the necessary abilities to run the business.
Maintain a Good Relationship with the Franchisor: Communicate regularly and address any issues proactively.
Who Can Start a Franchise?
The franchise model isn't for everyone. You should be:
Passionate about the Brand: Genuine interest in the brand and its values is crucial.
Business-Savvy: Possess strong business acumen and management skills.
Financially Stable: Able to meet the initial investment and ongoing financial obligations.
Hardworking and Dedicated: Prepared to put in the long hours and effort required for success.
Beyond the Podcast:
The podcast is just a starting point. Remember to:
Explore Franchise Business Ideas: Research various franchise opportunities that align with your interests and skills.
Understand Franchise Accounting: Familiarise yourself with the financial aspects of franchise ownership.
Develop a Franchise Business Strategy: Create a well-defined plan for launching and managing your franchise.
Remember: Franchising can be a rewarding path to entrepreneurship, but careful due diligence and preparation are essential to mitigate risks and maximise your chances of success.
Thank You!--
फ्रँचायजी बिझनेस मराठी franchise business marathi
स्वतःचा व्यवसाय सुरू करा फ्रँचायजीसह swatacha vyavvsay franchise
यशस्वी फ्रँचायजी मराठी yashasvi vyavsay franchise
फ्रँचायजी घेण्यापूर्वी काय करावे franchise ghyavi ka
फ्रँचायजी व्यवसाय फायदे आणि तोटे (Franchise business faayde tote
franchise business in pune
franchise business in nashik
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फ्रँचायजी मॉडेल मराठी Franchise model
भारतातील फ्रँचायजी मॉडेल Franchise model in India Marathi
फ्रँचायजी मॉडेल कसं चालत franchise model kasa chalta
फ्रँचायजी फी आणि रॉयल्टी मराठी Franchise fees Marathi
फ्रँचायजी करार मराठी Franchise agreement Marathi
स्वतःचा व्यवसाय सुरू कसा करावा मराठी swatacha vyavsay kasa suru karava
कमी गुंतवणुकीत व्यवसाय सुरू करा मराठी kami guntavnukit business vyavsay
घरबसून सुरू करा व्यवसाय मराठी ghari basun business
व्यवसाय यशस्वी करण्यासाठी टिप्स मराठी (Tips for successful business Marathi)
लघु उद्योग (Starting a small business Marathi)
pune franchise business
nashik franchise business
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aurangabad franchise business
top 10 franchise business in maharashtra - franchise business in marathi
cafe franchise
ccd franchise
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fab india
chicago pizza
what a sandwich
brandwala
kfc
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yewale chaha
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cafe durga
jogeshwari misal
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amul franchise
hatke vada
amruttulya franchise
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pepperfry
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hotel franchise business marathi
(Business finance Marathi)
व्यवसाय वित्त व्यवस्थापन Business finance management Marathi #macdonald #dmart #burgerking #burger #mbachaiwala #pune #mumbai #tea #nagpur #nashik #marathipodcast #realkissa #realkissapodcast