Our Franchise
Urban Family Salon is a leading provider of luxury salon services in India. We offer a wide range of services, including hair styling, hair color, makeup, skin care, and nail care. We believe that everyone deserves to feel beautiful, regardless of their budget. That’s why we offer luxury salon services at a very reasonable rate.
DAVA DISCOUNT is a division of RAJNISH WELLNESS LIMITED already a BSE listed company, which is entering into an online pharmacy. Along with providing quality Branded Medicines at a flat 25% discounted price, customer satisfaction is the major social cause of our business.
Brand Discount Store a brand of Rajnish Wellness Limited, will be a chain of Electronic Retail Store which will be showcasing all Electronic products like TV, Refrigerator, Washing Machine, Microwave etc at very discounted price
The future of laundry franchises in India holds immense potential for growth and success. With the
increasing urbanization and busy lifestyles of individuals, the demand for convenient and efficient
laundry services is on the rise.
What is a Franchise ? or Franchise Meaning
Franchise business refers to a business model where multiple people take part ownership of an already wellknown business or brand, generate revenue for the main business, and get a share of the same revenue. For
example, KFC has multiple outlets, and these are franchises.
So, there is one KFC where people purchase franchise rights from the company to use the company’s name,
brand value, and services and products to generate business for KFC and get a portion of the revenue as their
share.
Here the brand owner is the franchisor, who sells the franchise right, and the person buying the same and
selling the products and services of the business for a share of revenue is the franchisee.
You must be wondering what a franchise business is, and if you know what it is, you want to know how it works
and how you can start it.
So, here in this article, we will guide you on how a franchise business works, how you can start one and the
requirements, how much you can earn, and other different factors you need to know before diving into the
franchise world.
A franchise business is a business model in which an entrepreneur (the franchisee) is granted the right to use the
brand name, products, and services of an established company (the franchisor) in exchange for a fee and ongoing
royalties.
The franchisee operates independently but follows the franchisor’s business methods and systems, including
marketing, advertising, and operational procedures.
The franchisor typically provides the franchisee with support services such as training, site selection, and ongoing
operational assistance.
This can include access to the franchisor’s supply chain, marketing materials, and other resources to help the
franchisee succeed.
Franchise business models can be found in various industries, from fast-food restaurants to automotive repair shops.
Many well-known brands, such as McDonald’s, Subway, and 7-Eleven, operate using a franchise business model.
One of the key advantages of a franchise business is that it offers entrepreneurs the opportunity to start a business
with a proven business model and an established brand name.
This can make it easier to secure financing and attract customers. Additionally, franchisors often provide ongoing
support and training, which can help franchisees to avoid many of the common pitfalls of starting a new business.
However, the franchise business also has some potential disadvantages. For example, franchisees typically have less
control over their business operations than they would with an independent business. Franchisees must also pay
ongoing fees and royalties to the franchisor, which can cut their profits.
Overall, a franchise business can be a good option for entrepreneurs looking to start a business with the support of
an established brand and business model.
However, it is important to carefully consider the costs and benefits of this business model before making a decision.
How does a Franchise Business work?
If you are wondering how Franchise Business in India works, then it is quite simple.
Suppose there is a popular business entity that everyone is aware of and wants to expand their business in
different parts of the country.
They offer franchise opportunities to people who want to invest and buy the franchise right.
Once you buy the franchise right, you can sell the products and services offered by the main business. They will
also offer you support and training for selling their business products and services.
Now, once you start generating revenue for the business house, they will share a percentage of your revenue
with you. So, this way, both the business entity and your business grow.
However, there are different models for Franchises in India, and accordingly, they work. These are discussed in
the next section of the article.
Business Models in Franchise India
There are two different models for India’s Franchise Business –
Single-unit Franchise
When a franchisee opens one single franchise, it is the single-unit franchise model. There can be other
franchises of the same business in the same city or town that compete with each other.
Master Franchise
Suppose the franchisee has complete control over an area or city and is the only franchise of a particular
business selling all the products and services across the area or a region.
In that case, it is known as the Master franchise business model. Here, there is no other competition for the
franchisee in that region.
Apart from these, there are 2 more models that provide more options in this business.
FOFO Model
A FOFO Model is also known as a Franchise owned & Franchise operated model, where the franchisee owns the
business & also the franchisee runs it.
The Franchisor here only provides outside support to the Franchise Owner. The Franchisee itself runs all
operations. In this model, the Franchisee keeps most of the Revenue Share.
FOCO Model
A FOCO Model is also known as a Franchise owned & Company operated model where the business is owned
& invested by the franchisee, but the franchisor or the Brand runs it.
Here the Franchisor takes care of all operations of the business along with marketing & other necessary works
required to grow the franchise business.
The franchisee only invests and takes some part of the revenue sharing. Here, the majority of the Revenue is
kept by the Franchisor.
Types of Franchise Business
There are several types of franchise business models, each with its unique characteristics and requirements. Here are
some of the most common types of franchise businesses:
Product Distribution Franchise
In this type of franchise, the franchisor grants the right to sell its products using the franchisor’s trademark and logo.
The franchisee typically operates a retail store or sells the products online. The franchisor provides the products, marketing materials,
and other support services to the franchisee.
Business Format Franchise
This type of franchise provides the franchisee with a complete business system, including the right to use the
franchisor’s trademark and logo, operational procedures, marketing materials, and ongoing support.
The franchisee operates an independent business but follows the franchisor’s established business model.
Management Franchise
In this type of franchise, the franchisor provides the franchisee with a complete business system, including the right to
use the franchisor’s trademark and logo, operational procedures, marketing materials, and ongoing support.
The franchisee manages the business, while the franchisor provides training and support services.
Conversion Franchise
This type of franchise involves converting an existing business into a franchise.
The franchisor gives the franchisee the right to use its trademark and logo, as well as it’s business system and support
services. The franchisee typically pays a fee to convert their existing business into a franchise.
Area Development Franchise
This type of franchise grants the franchisee the right to develop and operate a certain number of franchises within a
specific geographic area.
The franchisee is responsible for recruiting and managing other franchisees within their territory.
Master Franchise
In this type of franchise, the franchisor grants the franchisee the right to develop and operate a certain number of
franchises within a specific geographic area.
The master franchisee is responsible for recruiting and managing other franchisees within their territory and providing
training and support services to those franchisees.
These are some of the most common types of franchise business models. Each has unique advantages and
requirements, and entrepreneurs should carefully consider which type of franchise business is right for them before
investing in a franchise
FIND US ON:
Address
Neo Corporate Co-op Premises Soc Ltd, Ramchandra Lane Extension Road, Kachpada, Malad West Mumbai 400064
