Dark Stores meaning The future of the post-pandemic retail ecosystem, dark stores are essentially traditional retail stores or supermarkets converted into eCommerce warehouses or local fulfillment or distribution centers. Dark stores can exist in the form of grocery,...
Reading Time: About 4 Minutes The restaurant industry has been one of the worst-hit industries from the COVID-19 pandemic. The restaurant industry in India is estimated at INR 4.2 lakh crores with the share of the organized market at 35%. The drop in sales witnessed...
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...
On a lighter note, restaurants and marriage parties are remembered for the food. However, if a restaurant wishes to build for itself a strong reputation and create customer delight, it has to go beyond food and also focus on its service and environment. Restaurants...
