New franchise business opporunity

Released on = April 28, 2006, 7:09 am

Press Release Author = Anurag Batra

Industry = Small Business

Press Release Summary = Describing various opportunities in India for franchising
and franchisors


Press Release Body = While searching for new franchise business opportunity, you are
often confused about selecting the best option. You want to weigh the pros and cons
related with a franchise business opportunity. This can help you take as much of a
calculated risk as possible. A new franchise business opportunity can be a
remunerative option for you and if the business flourishes, it can be your permanent
source of stable income. But if the business incur loses, don't panic. There are
various reasons that your franchisee business might not be doing well. There reason
could vary for example, if the location is not suitable or the fee of the franchisor
is too high. Another disadvantage with franchising business option could be that you
might not have complete control over your franchising business. Before you finalize
on any new franchise business opportunity, there are a few things that you should
know about the prospective franchisor. Take a look at the franchisor's financial
statement and an understanding of their profits and loss statements. Get your
accountant or lawyer involved in studying the financial statements, if needed. You
need to know if the franchisor has any pending court cases against them. Also get an
understanding of their past lawsuits and study them in detail. Ask questions and
understand about the future prospects of the franchisor's business. As far as
possible, deal with established and known Indian franchisors. You can enquire from
the franchisor regarding their existing franchisees, if they have any. You can learn
a lot by asking questions from the experiences of their present franchisees. But
don't let your decision be based on the good or bad experience of just one
franchisee.


If you have the business sense, confidence and will, nothing can stop you to become
a successful franchisee in India. While you weigh your options, remember that you
should consult friends and experts in the same field. Depending on your dream, you
can choose the option for your franchise business opportunity. You can explore a
franchisee business opportunity in the automotive, retail, health and personal care,
hotels and restaurants, professional services or travel and lodging domains. Whether
you are qualified for a franchise business or not is a decision that you can take
best. Business vision and planning capability coupled with the ability to take risks
are factors that will decide your success and life in the Indian franchise business
market.



Web Site = http://www.franchise-plus.com

Contact Details = 1208, Kailash Building, K. G. Marg, Connaught Place
23323 184
franchise_plus@webpopularity.org

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