Franchisee

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Franchisee

What is a franchisee?

A franchise is a business in which independent entrepreneurs use the rights to a larger company’s business name, logo, and products to operate an individual location. The franchiser is the owner of the larger company who sells the rights to license their business, and the franchisee is the third-party owner and operator of the business locations.

How to Evaluate a Franchise Opportunity

No franchise is one-size-fits-all. Entrepreneurs who want to open a franchise must take into account their budgetary constraints and the franchiser’s support system during the evaluation phase.

Support Systems for Franchisees

When selecting a franchiser, take a look at the support systems they’ve put in place to ensure their new location is a success. 7Eleven, for example, flies accepted franchisees to their support center in Dallas for training. They also have a resource center with seminars and events. Not all franchisers, especially small ones, will have extensive resources like 7Eleven, but make sure they offer basic training

Support Systems for Franchisees

When selecting a franchiser, take a look at the support systems they’ve put in place to ensure their new location is a success.

7Eleven, for example, flies accepted franchisees to their support center in Dallas for training. They also have a resource center with seminars and events.

Not all franchisers, especially small ones, will have extensive resources like 7Eleven, but make sure they offer basic training

Time Commitment

Operating a franchise will be a decades-long commitment, ideally longer — you can’t operate a store and leave after a year. The franchise term for McDonald’s, for example, is 20 years.
Here are a few criteria that you should consider
Be sure that you’re prepared to stick around for a while without pursuing other time-consuming commitments (such as an additional career). If you feel that you’ll want to leave in less than ten years, be sure to choose a brand whose franchises are easier to sell.

Time Commitment

Operating a franchise will be a decades-long commitment, ideally longer — you can’t operate a store and leave after a year. The franchise term for McDonald’s, for example, is 20 years.

Here are a few criteria that you should consider

Be sure that you’re prepared to stick around for a while without pursuing other time-consuming commitments (such as an additional career). If you feel that you’ll want to leave in less than ten years, be sure to choose a brand whose franchises are easier to sell.

Available Territories

Most, if not all, franchisers are looking to grow in a particular geographical area. It wouldn’t be profitable, for example, to open a new location just miles from another, or in an area where there’s no demand. Be sure to check whether your target franchiser wants to open a location in your area. If not, decide whether you’re willing to relocate.

Available Territories

Be sure to check whether your target franchiser wants to open a location in your area. If not, decide whether you’re willing to relocate.

Brand Recognition or Growth

How recognizable is the brand that you’ll be franchising? If it’s a smaller brand, has it seen significant growth in the past year? These two characteristics will determine whether it will be profitable to operate a franchise for a prospective brand. Sometimes, going for a big, highly recognizable brand isn’t ideal, because up-front costs are significant. A smaller franchiser could be an easier entry point — so long as the company has been growing in revenue. Now that you know how to evaluate an opportunity, let’s take a look at our list of the best franchise opportunities to select from. Throughout the pandemic, these franchisers have either seen growth or very little stagnation, making them the best franchises to own in 2021.

Brand Recognition or Growth

How recognizable is the brand that you’ll be franchising? If it’s a smaller brand, has it seen significant growth in the past year?

These two characteristics will determine whether it will be profitable to operate a franchise for a prospective brand. Sometimes, going for a big, highly recognizable brand isn’t ideal, because up-front costs are significant.

A smaller franchiser could be an easier entry point — so long as the company has been growing in revenue.

Now that you know how to evaluate an opportunity, let’s take a look at our list of the best franchise opportunities to select from. Throughout the pandemic, these franchisers have either seen growth or very little stagnation, making them the best franchises to own in 2021.

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Franchisee Partner

Partner with us

We look to collaborate with an interdisciplinary group of people working across industries, countries and cultures.

How Important Are Partnerships in the AI-based business growth solutions ?

Our industrialized AI solution rapidly generates insights to improve sales effectiveness and identify new opportunities for revenue growth.

We welcome potential HR or marketing professionals to partner with us as our Neubrain Solutions. We bring you the expertise and experience to help you to build a profitable business venture locally. We help you to setup full-fledged employment center of Neubrain Solutions at your location, and give you full license to operate it profitably as successful business. We help you in every minute detail, including resources & equipment required to set up and run the centre, the investment cash flow statements showing expected ROI.

We will ensure, you will be successful in our network and have your dreams realized

Franchising your small business can be a great way to expand without investing large amounts of capital or entering unfamiliar markets.
Franchising should be done carefully, using a solid business plan, with carefully selected franchise owners and tight controls.
Keeping franchisees moving in the same direction and motivated can be challenging but is essential to the success of your growing business.

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Why Us

Why Neubrain?

1. Opportunity to become a part of a large and well established, time tested business.
2. Business risks are minimal.
3. Advantage of the Sankalp goodwill in domestic and international markets.
4. Availability of readymade technology and operating system thereby saving on the need to develop one’s own technology, systems and procedures.
5. Training in conduct of business as well as of manpower and continuous training support.
6. Research and development support of our organization.
7. Reduced cost of business due to economy of scales.
8. Nationwide promotional tie-ups.

Support

Support to franchisee

Partnering with us offers you the opportunity to:

Create impact
Promote employee engagement
Access data from diverse contexts
Engage with like minds

In order to set a expansion Plan keeping in mind the growth of IT sector and growing in demand of web solution and work from home solutions, we have decided to expand in franchise model by sharing major churn of profit with our franchise partners.