You are in one of the most competitive sector in the market i.e. retail; explain to us what does expanding your network via franchise means to you?
I believe in expanding networks after gaining the conceptual know-how of the market, efficiently supported by back-up. Our core service is based on the flow of merchandise/product which is offered by our principals, which in turn transferred by us to our franchisees.
What qualities should a franchisee have?
A sound understanding for business is must quality before taking up any franchise.
How will you describe the franchisee-franchisor relationship?
The relationship between franchisor-franchisee is like bicycle tyres, in which they can only be succeed if both functions smoothly. Both should complement each other.
What advice would you like to give to a franchisee?
A company which has wining business model and a strong back-end, and which can give you ROI in less than two years, that company is suitable for you.
How well you maintain this relationship?
Success of franchisor and franchisee are interlinked. So therefore, we try to sort out their problems as soon as possible, by stepping into their shoes.
How to be cautious before buying any franchisee?
Carefully examine the business model vis-a-vis other options in the market, background, support and aftersales services offered by the master franchisees.
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