Introduction: Now a day’s consultancy and franchise are the very good options for the people who wanted to start their business & also intellectual offer for those who want to show their management skills & experience. This industry is a kind of place where success and growth can be enjoyed quickly. Recruiting franchise has shown tremendous growth in India in recent past years. Large numbers of consulting organizations are offering opportunities to the franchise in India so that they can come up with new ideas and built a highly profitable and easy going consulting practices. There are different kinds of consulting franchise such as (Cost management, business management, education management, finance management, sales management, and job providing franchise). Hence consultancy services are the very popular way of starting your own business and winning the success.
The scope of the Franchise in India:
In this current era of globalization and liberalization recruiting franchise is one of the emerging businesses. It is the best business in India nowadays and also very easy to start & you can earn a good profit from it. Here are the names of a few famous recruitment franchises such as franchise Asia is proud to announce that it has been published the first ever top 100 franchise in India. Subway, Baskin- Robbins, Kidzee, McDonald's, Cottonking, Lakme salon and many more are few other famous franchises in India. The franchise can help you succeeded in business with their own business model, training and promotions.
- Ranking of these franchises are decided based on below-mentioned pointers:
- Number of franchise unit in India and outside India.
- Stability and growth of the organization
- Since how long the franchise system has been operating in India.
- The cost of a package.
- Annual revenue of the Franchise & many more.
All these data is measurable it is entered in terms of numeric value in computer and basis on scores the ranking is decided.
Results are very striking that this franchise has been only working in India in this century but then too have managed to open ten and sometimes 100 of units at the same time. This shows that the Indian franchise industry has been growing at a tremendous rate in India.
How to start franchising in India
Before starting any franchise in India you need to complete the following formalities:
When we think of opening franchise in India the very first thing which comes to our mind is location. It is suggested that you should open the franchise in metro cities reason behind that is that they are in better economic condition than any other small city. These cities are good in terms of infrastructure and people living there have a better economic condition. One more advantage of an opening a franchise in big cities is that they have a structured market approach and the premium payment is also bigger.
Steps are mentioned below which we need to do before opening a franchise:
1) Determine the Market: First, you need to decide the market that where you are going the franchise.
2) Completion of documents: Before opening a franchise you need to complete the documentation such as ownership, Licensing, registration etc. Anybody if want to open the franchise in India has to register themselves with the ministry of corporate affairs.
3) Human resource: You also need to plan about human resource so that they can operate the functions at various stages as and when required.
4) Payment of taxes: It is important for the owner to pay the taxes on time and also keep on fulfilling the legal formalities which are the mandate for running the business.
Above mentioned are the steps which you can refer if you are interested in opening the franchise.
Leading Franchise Opportunity in India:
Here are the names of few companies which are providing you franchise opportunities in India:
1) Reverse logistics private limited
2) Change lifestyle private limited
3) Brain train
4) Zee Learn
5) Indian Education Private Limited
Above mentioned companies are providing the opportunity to the leading franchise in India.
We cannot deny the fact that employees are continuing to use recruitment agencies in every field of life such as education, health & care, fashion, modeling and many more. They are using these agencies for finding both temporary and permanent staff.
Note: Recruiting franchising offers an established brand name in recruiting so that companies may approach you for their recruitment needs.
Conclusion: Make sure that the recruiting franchise plays a very important role in once business as the selection of manpower is the biggest challenging job for any organization. Placing right people on the right job is the very critical job it should be done with utmost care and importance as human beings are the assets of any organization.