India, being one of the most diverse countries in the world has different cultures, clothing, religions and last but not the least different cuisines. Restaurants in India follow the same trend, where you can find hardcore region-based restaurants that offer specific...
QSR is another name for what we commonly known as fast-food restaurants and it stands for Quick Service Restaurants. Restaurants can be classified into five different categories (although not in a watertight manner) – Ethnic (Specializing in ethnic or...
Unlike in case of startups where everything is planned from the scratch, in a franchise business, the franchisees get to work on a predefined ready-made business platform which saves them from the struggle and hardships of starting a business from nothing and help...
The official records put the number of MSMEs existing in India at over 500 lakhs approximately. The numbers may appear frightening for budding entrepreneurs and other existing SMEs as it may present an exaggerated picture of competition. However, it also needs to be...
Lack of capital, manpower resource constraints, the time required to open another store, the involvement of business risks etc often redirects businesses to opt for the franchise option for growth and expansion. Franchise model has proved to be a successful and...
