After 30 years of experiencing industry, we have designed best ways to succeed in HR services business.
So, you may not do all this and invest fortune while learning the rope. We propose you to pick our franchise business partnership and get into profits soon in business of your choice – HR Advisory, Recruitment / Executive Search, Assessment and all that you may think under the umbrella of HR services.
We have invented the wheel, you enjoin a smooth ride while in business !!
Don’t compromise, associate with Asia’s best known brand in HR services, Salahkaar Consultants
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Please contact our Franchise Managers @ +91 -7720053298 or email@example.com
How to build a franchise business
Now we have to learn the biggest secret of the corporate world. How does the corporate world work? In India, only 33% of SME small and medium enterprises are manufacturers. The rest are all doing either the retail business or providing services. In 2020 out of the total business, 80% will be captured by either a retailer or the service sector. Only 20% will be limited to the manufacturer.
That’s why franchising has a great impact on the business. In a country where the GDP is growing rapidly, that’s where the people are ready to consume a branded product. Franchising will drive growth in the Indian economy as India is a shopkeeper or retailer-based country. In the future, Indian businesses will try to get a different kind of change, similar to those in the US UK, and UAE.
The people are willing to buy the branded product, to start your business as a franchise you have to build your brand. The power of the brand decides the value of the franchise fee, as well the level of investment, and if you are really interested in expanding your brand globally. One has to follow the basic steps to make a brand and establish itself in a market.
The brand is the biggest secret of organizations. The value of the brand will drive investors. If you really want to receive an investor for your company, you have to prepare a full-fledged brand. But first, how does a business build its brand identity?
1) Design: Design the name of your brand. The same design and pattern apply for the registration of a trademark from the government authorities.
2) Certifications: Fulfill all the formality relative to the government, related to the particular industry, and ensure you have all the essential certifications required. International standard certification reflects the power of your brand, invest some money in advertisement, promotion, and marketing related to your brand or your product.
3) Maximize branding: To sell and gain profits in return, you have to follow these steps:
-Participate in national and international trade exhibitions where a lot of buyers and sellers are together. Take part in domestic trade exhibitions as well. Be part of buyers and sellers’ meets organized by the chamber of commerce, chamber of Industry, chamber of import-export, and any organization related to your company or your product.
-Build brand awareness via advertisements using different forms of media.
Such as TV advertisements, FM advertisements, newspaper advertisements, print media, electronic media, and the internet. There are several different modules of business segments. Back in the day, there was a proprietorship. Wherein, only one person operates the retail, manufacturing, or service sector. Now, however, the scenario has changed.
Over the past few years, the franchisee module will be the best business module all over the world. The biggest secret of the corporate is that they always focus on the franchise business. They invest 80 percent of their profit in establishing their brand.
Invest 80% of their profit on branding advertisement and marketing to sell a franchise. In any market, a business should cover three essential things
1) The business must be self-sustainable.
2) The business should be profitable.
3) Segments of the business should have scope for expansion.
If your business is profitable, you have to focus on franchising it. Franchising is the biggest secret for the expansion of your business or building brand awareness all over the world.