What is Franchisee?
When people speak of franchises, they are usually referring to business format franchises. Such a franchise is essentially a business clone. The franchiser has developed a system for reproducing his business (often right down to the last detail). When you buy a franchise, you rent the franchiser’s trademark and method of doing business. The method of doing business involves a standardized approach to delivering a product or service.
Why to take franchisee instead of starting own business?
•Launching a startup business takes a tremendous amount of Time, Knowledge, Capital and Business knowledge.
•The business owner must simultaneously be able to handle a wide range of responsibilities.
•The risk of investment, failure & time management is always there.
•Need a lot of initial and operating capital to set up of office, furniture’s, peripherals
Why to take a Franchisee?
•Low investment- high profit
•All materials provided by company
•No investment for promotional material
•No need of registration of your business
•Business plan provided by company
•Support by company to set up your own center
•Stationaries, application book, receipt books, brand name all provided by company
•No need to invest your full time
•No need of wide range idea about the business as specialists from company will guide you