The Franchising World - June 2016
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June 2016 issue Digital Access. - Magazine Details
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In this issue
100 PLUS IDEAS(A)DRESSING PROFITABILITY LIBERTY: PUTTING ITS BEST FOOT FORWARD - The group has come up with invigorated strategies to strengthen their franchise model. THE TRADE OF TEXTILES MEN’S WEAR VS WOMEN’S WEAR IN INDIA 85 YEARS OLD CULINARY - BRAND INVITING POTENTIAL FRANCHISEES
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15 Factors To Consider Before Buying A Franchise
Franchising is considered as a viable option for entrepreneurs who are looking to foray into the business world. Let’s delve into the details of the factors we need to contemplate to take a call prior to finalising our business brand.
The Best Retention Strategy: Careful Listening
Many franchises skimp on employee surveys, and that's costing their bottom line. Measuring worker satisfaction is a crucial tool for holding on to your best people.
The Power of ‘Quiet Confidence’
As first-generation immigrants, Kevin Lee and Kevin Chanthasiriphan were raised with a set of values that could conflict with startup culture. But they’re using that to their advantage.
Home Design Brands Mould Business Designs for Entrepreneurs
Our homes reflect our personality and our standard of living. Therefore how we design our abode is essential as it’s the place wherein we spend our lives happily and comfortably. In the last few years there has been a boom in the Indian Home design services market with brands coming up in this sector to make it more organised.
PCJ SHINES BRIGHT IN JEWELLERY INDUSTRY
Indian consumer’s strong cultural affinity towards gold has been the vital dynamic for the growth of the jewellery industry. Talking about organised and successful brands in jewellery industry, leading the pack is PC Jeweller, an eminent player in the Indian retail market. The brand has more than 80 stores spread pan-India & is further seeking partners to strengthen its retail presence.
ELECTRIFYING Growth in ELECTRIC VEHICLES
The Indian Electric Vehicle (EV) industry is surely in its nascent stage as yet but has a long way to go. Looking at the pollution levels in the nation, it can be easily predicted that the EV segment offers a slew of lucrative business opportunities.
FRANCHISING IN INDIA Legal Aspects to be Considered
Franchising is a popular way of conducting business as it is mutually benefiting. For the franchisor, it gives him the benefit of the franchisee’s knowledge of the local environment; provides access to local sales and marketing expertise and channels; reduces investment and regulatory compliances etc. For the franchisee, they get to develop the business in a territory under the franchisor’s established brand name in accordance with the franchisor’s operating guidelines with assured business format and expected financial returns.
SIGNIFICANCE of Training in Franchising
Training is an important aspect in franchising. Let’s discuss how some of the top brands are doing this as a ritual and routine to keep their flock together.
THE RISE OF Indian Fashion Rental industry
The Indian fashion rental brands are making luxury brands available at your doorstep and youngsters are basking in all its glory. This trend is only heading upwards and there is more to be experimented and explored in this space.
“EVOLVING TRENDS IN THE NEW NORMAL AT MALLS”
The pandemic- pervaded ecommerce boom can’t be ignored. However, the upcoming supply of mall spaces—due to increased demand--proves that physical retail remains the dominant force in India. Jatin Goel, Director, Omaxe Ltd talks about the renewed interest of shoppers, new emerging trends, and brands' aggressive expansion plans in favor of the sector’s growth momentum. Omaxe group operates 6 successful malls panIndia and is further planning to strengthen its presence.
