We receive at least 2 calls every day, on an average, of somebody who thinks that they have an exciting idea, or a business that could be franchised. They are trying to understand how many franchisees they could make and in what period. They are in search of a reputed, experienced consultancy that could help them build a successful franchise business.
We offer a wide range of consultancy services designed to franchise your business or create its documentation or help you in recruitment of franchises.
The consultancy section deals with:
- Strategy Development : We follow what is known as a “Franchise Mantra” or a proven system designed to create a detailed franchising development plan. Existing business is studied or a prototype is developed. For clients who want to speeden their franchising we have an accelerated fast forward your franchising program.
- Franchise Your Business : After the strategy, it is the actual steps that need to be taken. How long would it take and what could be the costs to franchise your business is evaluated. You are readied to plunge into creating a franchised brand.
- Advantages and Disadvantages of Franchising : What could be the 15 biggest mistakes that you could do while franchising? Did you know the top 10 reasons to get started with your franchising? Should you look at company owned outlets, private equity funding or take the franchise route.
- Franchise FAQs : Get answers on all of the above and anything else that you would need clarity on. You could reach out to the top franchise consultant companies, agents, brokers and other service providers who provide all solutions under a single roof. You could also post for a franchise manager or learn how to become a professional franchise consultant.
Are you a budding business? Taking you global from local.
New technologies are emerging. Newer products and services are being introduced with consumer’s habits and preferences undergoing change. We are glad that we are working with some path breaking franchise companies, which would bring in a new franchising era in India. Currently, there is work going on in several developing franchise economies, other than India as well, as we have clients across the globe. We have worked hard with our clients to build some exciting success stories out of several entrepreneurs. It is recommended, you speak to us in detail of anything new that you have in mind, at the earliest possible stage. This will enable us hand hold you and help you franchise your business (If we believe there is potential), saving you a lot of time and costs. You must take the Self-Assessment Check and the Franchise Quiz to see your state of readiness.
We are constantly engaging individual business owners or companies who want to franchise their existing business. You ought to redefine the way, one has been conducting their business and make it franchise friendly. There could be many reasons for a business to be operable from a long time, but are confined to their own cities or regions. Our consultancy, could help you transcend those borders and make your business ready for many other cities, states or countries.
Are you a local speciality? A successful business in your own markets?
Most developing countries like India are full of such entrepreneurs who have been successful in their cities or regions but for some reason or the other, have not been able to go beyond. The famous chikanwala’s and kababs from Lucknow, Rosogolla from Kolkata, Mughlai food from Delhi / North India, Idly Dosa from Udupi /South India, IT services from Bangalore (even the Pubs), Vada Pav from Mumbai, Biryani from Hyderabad, Poha from Indore, Sarees/Silk from Banaras, Cotton Textiles from Tirupur, Ayurveda From Kerala, Hosiery from Ludhiana, Gujarati Thali from Ahmedabad, The Handicrafts from Jodhpur and many more. There are several local examples from East to West India (Auranachal To Gujarat), from North to South India (Kashmir to Kanya Kumari). Each city, each town has a variety of specialist businesses that could be franchised across different regions not only nationally but even internationally.
In both the above cases our senior franchise consultants will have a personal discussion with you. After that, 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 and you have the resources, we will device a clear road map and work closely with you in achieving your goals.
What is your end goal?
You should franchise your business if you want to significantly expand it. Do not loose time, If you want to grow your business to its optimum size and maximise it’s profitability. Many great fortunes have been built on Franchising. This is done by franchising a business concept, growing it to a level where it fits the profile for an IPO. Take the company public or at least grow it to a stage where you could get the optimum out of scale of operations and it has reached the deserving masses. The market can value your company at a level much greater than the gross sales and profits of the company can justify. If the market thinks your company has the potential for great growth, then you can become richer than you ever dreamed possible.
Whether you are a single outlet or a major multinational, there are several ways that Sparkleminds may be able to assist your growth. The first and most direct method, 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 legal agreement to recruiting Franchisees.
Master Franchise Consultancy Services
Perhaps less obviously, if your company has capital to invest (approximately Rs 50 Lakhs upto 10 Crores), you could benefit from making an investment . We could help you with the Master Franchise Rights for a Franchise in an area/industry that is complementary to your current activities. You could also visit our blog for more on franchise business opportunities in India.
We have the consultancy for everybody seeking anything in franchising. Call us today.