franchisee |
Franchisor |
Property and Malls |
I Want To Be A Franchisor
I am a Existing Franchisor
I am a International Franchisor & want to start Franchising in India
We receive atleast 2 calls everyday on an average of somebody who has an exciting idea that they feel could be franchised and inevitably they are trying to understand how many franchisees they could make and in what period.
On the other hand our franchisor teams are constantly speaking to individual business owners or companies that feel their businesses can now expand using the franchise route. They are already in their existing business from a long time but are confined to their own cities or regions and are not able to expand because of various reasons.
In both the above cases our senior franchise consultants will have a personal discussion with you and go deep into what you want to achieve ,what is it that you have to offer and are you ready to franchise?? If we are convinced that you could go ahead we will device a clear road map and work closely with you in achieving your goals.
Not all businesses can be Franchised but most business concepts can be. A profile for a Franchise would be as follows:
Unique- New or unique concept that has the potential to expand Nationally and even Internationally.
Profitability- the concept must be consistently profitable and the degree of profitability should be predictable.
Systematized- all the operating systems of the concept should be very polished and efficient. These systems and procedures should be in manual form.
Training- It should be relatively easy to train others in the use of the Systems and Procedures.
Excellent margins- The profit margins built into the concept should be good enough that every Franchisee who adheres to the system can realize an attractive Return on Investment.
Affordable- If the Franchise is very expensive there will be few who can afford it. The ideal Franchise investment is Rs 10 to 20 lakhs, because there are hundreds of thousands of Indians who can afford an investment of this size. However the affordability levels vary with individuals and we have seen that there are prospects looking at new franchisees and don’t mind taking them up even if they run into a few crores.
Whether you are a single outlet or a major place, there are several ways that SPARKLEMINDS may be able to assist your growth. The first and most direct is to evaluate your company's readiness and suitability to be Franchised. If the time is right, SPARKLEMINDS can follow on from this and deliver the consultancy and assistance required to transform your business into a fully operational Franchisor. We have products and partners to assist you with everything from territorial mapping to manual writing, from brand protection to recruiting Franchisees.
We work on a very success based model and our fees are clearly based on deliverables. Please speak to our senior consultants to understand how you could be on your way to franchising successes.
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