Friday, 18 October 2013

Indian franchise business to grow fourfold by 2017: KPMG

Retail, food and beverages, health, consumer services, and education are predicted to be the key sectors
Mumbai: India’s franchising industry is expected to quadruple in volume in the next five years, accounting for almost 4% of India’s gross domestic product (GDP) in 2017, according to a report byKPMG India Pvt. Ltd released on Thursday.
The industry was worth $13.4 billion in 2012, contributing 1.4% of GDP, the report said. That compares with almost 10-25% of GDP in most OECD (Organization for Economic Co-operation and Development) countries.
The industry is projected to provide almost 11 million employment opportunities by 2017.
Retail, food and beverages, health and wellness, consumer services, and education are predicted to be the key sectors for franchise opportunities.
While the organized retail segment in India is estimated to be worth $24 billion, only 2.5% of total retail sales are driven through franchise formats compared with nearly 50% in the US, indicating significant potential, the KPMG report said.
“Franchising is critical for retailers to achieve exponential growth. Given the threat of mom-and-pop stores closing, both due to the changing external environment and the rising aspirations of the second generation, there is huge potential for franchise growth in the retail sector,” said Anand Ramanathan, associate director of management consulting at KPMG India. “What’s constraining growth right now is the fact that the business model hasn’t been standardized enough—not all business models balance profitability for both partners.”
There are presently more than 3,000 brands in India that have adopted the franchise model. BataNIIT,Apollo Hospitals, and Titan watches were among the first Indian franchisers.
Several leading global companies already have an established presence in India.
Recent FDI reforms in single- and multi-brand retail are expected to support this growth, although recent clarifications allowing foreign retailers to only open company-operated outlets could pose a hindrance.
Standardized service conditions, however, are still missing. “Franchisers have not focused enough on long-term training for their franchises. Retail especially has high levels of attrition, and it’s important for companies themselves to invest in training the way the hospitality industry has. Building sustainably professional service is key to growing a strong network of franchises,” said Ramanathan.
“Franchising is not an industry, so it’s not treated as a sector by financial institutions, which makes it difficult for them to raise money. It is important to identify them as a separate segment to increase lending from banks and assist expansion,” he said.

Wednesday, 19 June 2013

Kidville India’s Franchisee Program

~ Creating a Brighter Future for Children across India ~
Mumbai, June 2013: Kidville is one of America’s premier early childhood enrichment and edutainment center which launched in India in 2012. It is a strong and established brand with well respected global reputation. With their signature tagline, “Happy Kids, Happy Families,” Kidville aims to make lives of families and their young children better and more fulfilling.
Globally, Kidville serves as a one-stop facility for childhood enrichment and development. Kidville provides high quality children’s programs for kids of all ages, beginning from newborns and all the way up to twelve years old. Kidville’s innovative programs of international standards include enrichment classes in gym, music, dance and art, play dates in Kidville’s state-of-the-art spaces, events for families, value added workshops for parents and even things like hassle-free personalized birthday parties. Kidville also offers a wide range of educational retail products for children along with their in-house kid’s salon. Additionally, Kidville India specifically offers an excellent preschool program called Kidville University that is a perfect blend of Indian and international sensibilities, multiple one-of-a-kind activities like a mother-toddler session – KVU Cubs, Capoeira (Brazilian martial arts), Parkour (core strength training) and Art Appreciation, keeping in mind the unique requirements and needs of the Indian marketplace.
Kidville started franchising in 2009 and has already reached the “Entrepreneur Top 500” franchise list. As Kidville continues to build momentum in the marketplace, their mission has expanded to grow the concept into family-centric communities via franchising.
Kwakids Learning Pvt. Ltd. owns the master franchise rights for setting up Kidville locations across India. The first Kidville location in India opened in an 8,000 sq. ft. sprawling facility in Worli, South Mumbai in January 2012 and a second location opened in Andheri West, Mumbai in June 2013. Further, the Kidville India team has spent the last few months developing a strong franchise support program and is now evaluating interests from likeminded prospective partners from all over the country.
Speaking about franchising opportunities with Kidville India, Rosenyn Kapur, Managing Director of Kidville India says, “We want families across the country to benefit through our potential franchise network. With exposure to international markets the Indian early childhood sector has evolved through the past decade. Parents of today are more aware and looking for sophisticated, safe, hygienic, state of the art facilities for their children’s holistic development.”
Rosenyn further adds, “at Kidville India we are keen to partner with like-minded people who share the same passion and enthusiasm for quality enrichment for children. Our franchisee partners will benefit from a plethora of offerings such as an association with a well-established global brand, a unique model - all under one roof concept, support from well-trained specialists, spacious layouts and much more.”
Through their corporate and franchise network, Kwakids aim to open 100 Kidville across India within 10 years, thus bringing quality childcare and education to kids across the length and breadth of the country.
Kidville India franchise program allows the brand to share the Kidville concept with new communities faster by leveraging the local knowledge and passion of the franchisee. Combining local attention with Kidville's brand power and proprietary systems, franchisees have the ability to open their own business quickly with the full support of the experienced team of Kidville India.
The Kidville India Franchise program offers:
·         Protected trade area
·         Kidville brand and trademarks
·         Proprietary systems and curriculum
·         Comprehensive training and support

Friday, 12 October 2012

My Franchise Mantra launches "point of contact services (POC)" for countrywide franchisors in Gujarat.

POC service for Franchisors

Ahmedabad, Gujarat, October 10, 2012  -- My Franchise Mantra- the franchise consultants , announced the POC service for all franchisors across the country, who are keen to have their representation in Gujarat. The Gujarat based consultancy firm has introduced POC- Point of Contact service for those franchisor who want to have their representation in Gujarat.
Gujarat , which is one of the most developing state in terms of GDP and continous development, has become a major target for all brands /franchisors , who want to have their outlets or franchise in Gujarat. Gujaratis are known as born entreprenuers, so they are also more keen to start their own business rather than doing job. Keeping this in mind , Franchisors from all sectors, whether F&B, Education,jewellery,apparel etc aim to woo the investors in Gujarat as their franchisee. But for franchisors having their registered offices in various parts of the country, may not have their base or a business representative in Gujarat.
Appointing a representative is again a costly affair, as it also involves infra setup, salaries and other expenses . To help the franchisors, MyFranchise Mantra has introduced a special POC service which will help the franchisors to represent their brand at a very nominal cost in Gujarat. The consultancy will represent the brand, as associate or business representative depending to the expectation of the franchisor across Gujarat.
With nominal consulting fees, now the franchisors can have a business address in Gujarat.
With strong network across Gujarat , and associates in almost all the important locations of the state. If the franchisors are looking to open their franchise in Gujarat, POC services can help them. The consultancy can help to find investors, and also refer investors who are keen to open a franchise in your sector. The consulting firm also has strong database of investors looking to start business in various sectors.
The consultancy can also represent franchisors as local point of contact and franchisors can also mention consultancy contact numbers in their communication.All those intrested can contact

Tuesday, 3 July 2012

MONEEZ ready to expand through Franchise route.

MONEEZ - spreading smiles through food, is planning to take up franchise route to expand on pan India basis. Known for its Mayonese sandwiches range in both veg and non-veg category, MONEEZ is a trustworthy name in Western India, especially in Gujarat. Presently with two outlets in Vadodara and soon coming up in Ahmedabad,Rajkot,Jamnagar and Anand, the sandwich people are aiming strong penetration in the fastfood segment.

Its not only sandwich, but also paratha, small meals, Dal Pakwan, which makes difference. MONEEZ is one of its kind outlet where you get buttermilk with cocktails and mayonese sandwiches with  Dal Pakvan. Talking to TFW , Mr. Mohnish -the promoter of MONEEZ said that " Our food is our strengh and we are determined to mantain the quality and taste of the food in all our outlets. The seven years old brand is currently looking for franchisee , who are passionate for food and want to give their 200% to be a part of MONEEZ family."

Their are two franchise models under which the Master Franchise model is available for every district. The franchise fees for Master Franchise is as low as Rs 6 lacs. While the total investment is about 12 to 14lacs. The minimum space required is 650 sqft space in a high street place or mall or a road touch property.

While for unit Franchise , the fees are just Rs 3lacs and total investment is just Rs 9 lacs. The ROI is about 30% and the vendor management  will be done by the franchisor. For more details kindly contact Utkarsh : 8000017780.

Tuesday, 5 June 2012

Di&Googs plans expansion through franchise model across India.

High quality...Latest designs which redefines you (th) is the mantra for Di&Googs.The trendy brand has already recognised as one of the most preferred brand in West of India. Di&Googs, which is the effort of Guliani's who are veteran fashion people and have been participating in Dubai Shopping Festival since years
The casual apparel brand Di&Googs has got enormous response and recognition in just one year. Not only that it has also broaden its outlet network with an outlet in Dubai, and Two in prime locations at Ahmedabad- the commercial hub of Gujarat. Again the company is looking to include about three more franchise by the end of August. Di&Googs is currently eyeing pan India expansion in a vigourous way through franchise model and company owned franchise operated models.

The investment for the franchise starts at around 12 lakhs to 28 lakhs depending on the model opted by franchise. While the ROI for company owned and franchise owned outlet is about 10% while the ROI for independent franchise is about 35% . The brand is coming with various designer callibre collections for about twice a year, which is USP of the brand.
Di & Googs, the ultimate brand for the youth is planning a major expansion via franchising model across India. Di & Googs, which is present in Dubai and currently has two flagship outlets in Ahmedabad, will soon be present with a series of casual and formal wears along with other accessories.

Di & Googs, one of the most trustworthy brand of youth has planned a major expansion drive through franchising model. The company aims to open about 10 outlets in various parts of India through franchising model under which the company will soon come up with an innovative franchise plan, through which it plans to back up franchisee with its expertise of apparel industry along with various other support. Talking to TFN, the officials said, they are not keen in charging franchise fees but more keen for investors who can be their partner in company's growth stroy.

If you are looking to start apparel franchise, (readymade garment business) Di&Googs can be become an important option to think on. You can contact on 8000017780 for further details about the franchising of the brand.

Monday, 2 April 2012

Franchising partner: A new trend amongst the real estate developers in Gujarat.

Ahmedabad, April 2                                                                                   
TFN News Network: Their is abundant supply of commerical property across Gujarat. The real estate as a sector has tremendous potential to give impressive returns out of it as the state has already emerged as a major  business hub , inspite of the above facts, the investors generally think twice before taking the "Buy" call of the commercial space in Gujarat. This has affected the realty developers to an extent, but now their is a new trend coming up , which can help both realty developers to get investors and the investors to recieve returns from their investment in commercial space. This concept is called "The Franchise Partner".

A Gujarat based franchise consultancy firm has come up with this unique concept, under which they act as franchise partner with the developers. The consultants give a wide choice to the investors, as to which business franchise they should bring to their commercial space. Not only that, these consultancy also fixes the commecial space with the franchisors , so the investor gets space with returns in advance.

Talking to TheFranchiseNews, the Director of  My Franchise Mantra , which is the pioneer of this concept in Gujarat, said " Commercial space is still not recognise as a good option in comparison to residential property by traditional investors. But the fact is that commercial space will give you much more returns in comparision to residential space, if it is utilized and invested in running proper business. Currently franchising industry is growing at a great speed, and in coming days , their is surely a boom in the industry. At this level, if the investors get options in choosing franchisors, and franchisors get options in commercial space , it can create wonders."

The consultancy firm not only works as a mediator, but also analyse the space and potential of franchisor. It also helps the realestate developer to tieup with franchisors so they can provide the right business to their prospective investors, even before buying the commerical space. So now its time  for real estate developers to have a franchising partner along with a finance partner, while launching any commercial project.

Monday, 26 March 2012

F studio receives certification for ISO 9001:2008

F studio recently announced that theirQuality Management System has been registered as compliant with theInternational Standard ISO 9001:2008.With this accomplishment, F studio isthe first fashion fabric Retail Studio in the fashion Industry of INDIA toachieve the ISO 9001:2008 Certificate.
Expressing his happiness on getting theISO certification, Shri Subash Dhawan , Director – Fashion said, “Thisachievement is a confirmation of F studio ’s philosophy of “world of fashion & fabric” and is a direct result of the entire organization workingtogether towards their commitment for quality “ToProvide customers with high quality, durable products and efficient service” forFinest Quality of Fashion Fabrics”.