Franchise Business Opportunity and Why Buy Them?
The fact that you have landed on this page shows that you are keen on knowing about franchise business opportunities in India. Let us get straight to the point by knowing what exactly a franchise business is. Read on. What Is A Franchise Business? A business system in which you as an individual or a company get the complete rights of business logo, model, and the name of a much larger company, usually an MNC or Multinational Company after signing a contract with them and buying the same. Here you would be the franchisee while the person who gave you all the rights would be the franchisor. This complete set up is known as a Franchise Business where the owners or franchisors will let you run an office of their brand name in a different location. An extension of an existing successful business is franchise business. Generic Approach of Selecting a Franchise Business The decision of the product or service you will be providing to the customers must be the first step of choosing a franchi