Ratandeep Lal

Mr. Ratnadeep Lal Founder Chairman of International Institute of Fashion Technology in India imparting training in the field of Fashion, Textile, Garment Design, Merchandising and Garment Business Administration. Catering to over 800 exporters, manufacturers of related field of Fashion, Textile, and Merchandising etc. and trained over 100000 Professional. Established in 1990 imparting fashion education for over 26 years – one of the pioneer fashion institute of India. More than 100000 professionals have taken training so far since then from IIFTNEXT– Now spread to more than 70 branches. Have an experience of over 32 years in Garment Trade with experience in working with major designer & fashion houses in UK & France. Pioneered the fashion education in Middle East, Mauritius & is founder member of Dubai’s and Mauritius first school of fashion.

Experience:-Over 34 years of experience in Education, Garment, Retailing Overseas Business Development, Merchandising , Garment Buying & Export, Production and Marketing promotion, Branding & Showroom Mgmt. One of the pioneers in spreading fashion education in India in early Nineties. More than 1,00,000 professionals have taken training so far under his guidance from more than 30 branches spread over all major cities in India. Over 20 years of experience in Overseas Business Development in Production and Marketing promotion, Retailing, Designing & Merchandising , Haute couture and exports, branding & Showroom management & S/R Management during his tenure.

2 – How many outlets done, Franchise benefit (How Franchise Business Is Useful) –

Currently IIFTNEXT has got 30 units across India.

Franchise Business benefits:-
– SAFEST MODE OF INVESTMENT AFTER DEMONETISATION
– HIGH RETURNS ON INVESTMENTS LOOKING AT THE INTEREST RATES TO FOLLOW IN THE FUTURE.
– SYSTEM ORIENTED OPERATIONS (LESS SPECIALIZATION REQUIRED).
– LONG TERM SUSTAINABILITY AND GROWTH ORIENTED POSSIBILITIES.

WHY IIFTNEXT?

A) EDUCATION INDUSTRY:-
-THE BEST RETURNS ON INVESTMENTS.
-FASTEST GROWING INDUSTRY.
B) MOST PRESTIGIOUS AND VALUED INSTITUTE OF INDIA.
C) MOST EXPERIENCED INSTITUTE IN INDIA.
D) FRANCHISING MODULE:
– LESS RISK
– RESTRUCTURED FOR GENERATION NEXT
E) EXCEPTIONAL STRATEGIES.

3 – Next level expansion & Target outlet:

Company has restructured its business plan and strategies in a big way and is targeting to open 200 units till 2020.

4- Business Model Plan

The total investment required for opening a Unit Franchise of IIFT NEXT is around Rs.45,00,000/-..The capital investment given is approx., actual may vary 5 – 10 %. The complete project work would be done by the company. The above investment is to be given in 4 equal installments to the company in 1 month’s time. Local legalities should be taken care by the franchisee (investor). Royalty is to be deposited on day to day basis through wire transfer. Company would help in managing the outlet after operational. The franchisee (investor) has to maintain the company standards. Additional working capital is also required to run the business i.e. every outlet must be considered with a gestation period of 6 months. It is a compulsion to do all the capital expenses given above. The franchisee has to give 6 post dated cheques of average royalty amount calculated in 15% sales scenario in the sheet as a part of security to the company. The term period is 4 years & it is renewable.

5 – About Franchise Mart if you want to say?

Well, Franchise mart is a huge segment to get good franchisee’s from PAN india, we are looking for best opportunities form franchise mart
Thanks.



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