Multifarious factors boost the global brands to enter into the Indian master franchisees arrangements. The reasons are many but the major reasons include the advantage of acquaintance of the master franchisee with home environment; local sales and marketing proficiency of the master franchisee. The all set accessibility of sales and marketing channels; less investment; insignificant government permissions are some other reasons that why Indian Franchisees are working with global brands. To further, make it a win-win situation, the regulatory limitation on retail trading by the foreign firms is a key factor for the sudden rise of master franchising arrangements in India. As per the arrangement, a Master Franchise Agreement would generally manage the:
From an agreement point of view, while making the agreements, a franchisee must attempt and overpass all probable gaps by recognizing and analyzing most queries or situations. For any global brand who is willing to start their business or want to open franchise store in India should consider discussing it with the professional franchise law firm. To know about the Indian Franchisees visit https://www.franchise-law.com/
0 Comments
|
AuthorMr. Herman has lectured at the First Annual Franchise Conference held in Shanghai, China in October 1998. He has also lectured on Franchising Issues in San Jose, Costa Rica in September 2001, and with the ABA Forum on Franchising in Orlando, Florida in October 2005. Archives
May 2018
Categories
All
|