Answering these questions will give you a good start in identifying a good franchise fit.
- Where will the business be? In cities, suburbs, rural areas?
- Do I want to travel? If so, what are the time limits?
- Do I want a home-based franchise?
- How many days a week do I want to work? How many hours a day?
- Do I want to be an Absent Owner?
- Is there a specific industry I want to work in?
- What are the industries, products, or services in which I will not work under any circumstances?
- Does the business have certain features?
- Want a franchise for a product or service?
- Do I need a new or installed system?
- Do I want a large or small franchise system?
- Which of these franchise systems do I want slow and steady growth or fast growth?
- What kind of behavior do I expect from a franchisor? The dictator’s guide?
- How important is brand recognition at the regional or national level?
- Should I be satisfied with one or two franchised units or buy more franchised units or develop a business in the entire target area?
- How much can I invest in a franchise? (Without borrowing or increasing the investment amount)
- What should be the total investment?
- Do I need to find a franchisor that will offer a low-interest rate financing program or have a third-party financing relationship?
As franchise consultants in Mumbai, we at Franchise Birbal always provide individual attention to our clients and help them to establish franchise businesses both in India and internationally. Franchise Birbal helps franchisees start, grow, and protect their franchises. By developing a franchise business with us you get the assurance that you will be able to establish your franchise business successfully. Our franchise consulting and legal documentation services start from Rs. 15000/-* onwards.
Contact Us
Call/WhatsApp: +91 91372 56150
450, Mastermind One – IT Park, Royal Palms, Aarey Colony, Goregaon (E), Mumbai, Maharashtra 400065.