business opportunities franchising

A:To supplement the prior answerer's information, he's right in suggesting that you must know your competition. There is at least one very good website offering similar information; it's the best I've seen and you might want to take a look at it: http://www.worldfranchising.com/

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A:The kind of backgroung you have suggests that you can go for taking up dealership of Hero honda or Honda motors or some thing of that kind.....

A:As a personal opinon, doing books for both franchise and privately ran businesses, I don't see the bottom line in dollars and cents. I see at the end of the fiscal period a more satisfied owner who is able to call the shots on major business decisions than one who is stuck in a corporate box.

A:I don't have much insight on the India-specific market, but I am a former franchisee of a company and have done extensive research in the field. These sources may help, to varying degrees: Franchising Association of India: http://www.fai.co.in/test/index.php3 Mr. C. Yoginder Pal, Chairman SIG Veer Nariman Road Churchgate, Mumbai 400-020, India Phone: (91-22) 282-1413 Fax: (91-22) 204-6141 E-mail Address: faindia@usa.net A few general sites: http://www.infofranchise.in/detail.cfm?IdNotizia=7583&IdSezione=1&strKey=in http://www.zeromillion.com/business/ib/potential-of-international-franchising-in-india.html Site listing consultancies that assist w/franchising internationally: http://www.franchiseintl.com/ListCon.htm I would highly recommend the following two books, for different reasons: "From Ice Cream to the Internet", by Scott Shane Very insightful resource on the challenges of establishing your own franchise. "The Franchise Ratings Guide: 3000 Franchisees Expose the Best & Worst Franchise Opportunities", by Gary M. Kowalski A great insight for anyone considering investing in a franchise, the book provides a fantastic and thorough section on the due diligence process that should be followed by any prospective franchisee. This section would also be very relevant to anyone considering establishing a franchise. As a final bit of advice, if you come across a quote similar to the following, don't believe it. There are many variations to it with different statistics substituted, but not substantiated. "If you buy a Franchise Business, your chances of success are 94%! THAT'S A FACT, according to a recent Gallup poll. Conversely, it's estimated that only 35% of independent business start-ups survive 5 years." As it's pervasive, people tend to find it credible; but here's a link to the FTC's website that will back up what I am writing. The found the above quote to be "fraud and a misrepresentation". I would inquire of the source to anyone who quotes similar statistics. http://www.ftc.gov/opa/1995/09/bexpo.htm More credible is an in-depth study by Scott Shane, which showed vastly different results. Dr. Shane found that: “…despite the widespread reach of franchising, surprisingly few companies succeed at franchising. In fact, of the more than 200 new franchise systems established in the United States each year, 25% don’t even make it to their first anniversary, approximately three quarters fail within a decade, and only 15% make it to 17 years.” Good luck!