Franchise Guru | Global Opportunities, Local Expertise

Frequently Asked Questions - Franchisee

What is a franchise business?

Franchising is an understanding between two parties in which one party, that has developed a proven method of operating and managing a business successfully, gives the rights to other party to operate that business format under the trade or service.

Why should I take up a franchise and not start my own business ?

In the US 90% of independent business startups fail in the first years of operation whereas over 95% of franchises succeed (source-US commercial services). Lot of time and money is required to set up a profitable business model. Whereas a franchisee can step into an already established concept, with much less risk for failure involved.

What is franchise fee? why should I pay it?

This is payment that the franchisee makes to the Franchisor to obtain the rights to operate the business and usage of trade or service mark for a specified period.

Why should I pay royalty?

The Franchisor provides a regular support to the franchisee. He also regularly works on updating of procedures, new product development and the promotion of the Brand through advertising and other marketing tools. The royalty is paid to the Franchisor to cober the same.

How to evaluate a franchise opportunity?

The franchisee shall look into the turnover of the company, brand equity, number of franchisees and their performance, number of out lets closed in the past, the reason of closure etc. also, the investment, the ROI, demand of the product/service etc.to evaluate the franchise opportunity.

Is a franchise business 100% successful?

No, franchising like any other business is not 100% safe. However it is lot safer to take a franchise of existing profitable business.

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Terms & Conditions & Disclaimer

The registration fee is non – refundable and the same is valid for one year.

The disclosure of information, data , analyses, compilations, forecasts, studies, summaries, notes , materials provided by FIHL will not guarantee business to the investor and FIHL will only give consultation.

FIHL and * FG make reasonable effort to ensure that the information provided is accurate but does not guarantee or warrants its accuracy, adequacy, correctness, validity, completeness or suitability for any purpose either provided by FIHL or the FG. If any information is provided by the FG(S) on their own, the FG (s) are solely responsible for such information and FIHL is indemnified by the FG (s) in all respect.

5 The FIHL and FG(s) disclaims all responsibility for any loss , injury, liability or damage of any kind resulting from and arising out of , or any way related to the decision taken by the investor.

6 The investor shall take all necessary actions and precautions to prevent the disclosure, use, copying, duplicating or reproducing of any confidential information as mentioned in clause 2.

7 The investor in principle has agreed not to approach any franchise company whose information is provided by the FIHL and all correspondence, negotiation, execution of any agreements etc. will be done through FIHL only.

8 The FIHL and FG (s) shall not be liable for any direct , indirect or consequential loss caused to the investor due to error or omission/commission committed on the basis of any agreement to be executed in future.

9 The information /material provided is provided on an “As is “ basis and any decision taken by the prospective company for appointing franchisee (s) shall be of their own and any suggestion given by the FIHL or FG (s) in this regard is only suggestive and not binding on the companies.

10 FIHL and FG (s) disclaims all responsibility for any loss, injury, liability or damage of any kind resulting form and arising out of , or any way related to the decision taken by the investor. They are advised to check and verify the information in respect of business before taking any decision.

* FG is the Franchise Guru ,is a division of FIHL

All payment have to be made in favour of “ Franchise India Holdings Limited “