With international brands popularizing, there is a huge growth for International business franchise opportunities. Countries like the USA, Australia, and across Europe are successfully franchising with most of the companies offering business opportunities across the globe. Franchising is getting widely acclaimed even in developing countries like India, China, Brazil and more. Why because many businesses opt for this as their expansion route.
India is already the second-largest franchise market in the world after the U.S., with 4,600 active franchisors 50% regional brands, 34 % national brands, and 16 % global brands) and nearly 200,000 outlets operated by almost 170,000 franchisees.
Over the past 20 years, India has been a major hotspot for international brands. Some of the international brands that operate in India through franchisees include Anytime Fitness, Baskin-Robbins, Burger King, ChemDry, Domino’s, Dunkin’, Gold’s Gym, Johnny Rockets, KFC, Krispy Kreme, McDonald’s, Pizza Hut, RE/MAX, Subway, and Toni & Guy.
Many international brands are eagerly looking to expand in India. Which is not only a land of opportunities but also a growing market for these brands. Companies are willing to offer master franchises, multi-development franchise models, regional franchises, state franchises, and unit franchises.
International entrepreneurs looking to expand their business in India need to overcome certain glitches like legal formalities. How to franchise their business and various other formalities and entrepreneurs also looking on how to take an international franchise in India, either of the ways we are here to help you out.
At Sparkleminds, our expert International franchise consultants guide on how to get international franchise in India or help in master franchise your business in India with a structured program in terms of research, franchise development program, agreement, location analysis, marketing and more.
We are here to help franchise your business in international business franchise opportunities. So, make your brand reach masses and would want to take up the international franchise opportunities in India.