“Franchising” – By Rajiv H Singh - President & CEO, Team India Managers Ltd

Franchising allows people to go into business for themselves,

 not by themselves”

What should I look for when selecting a franchise?

·         Profitability

·         A track record of success

·         A strong USP

·         Effective financial management and other controls

·         A good image

·         Integrity and commitment

·         A successful industry

Brief Sectoral Analysis:

·         IT Education – Down for the moment but surely not out; likely to re-emerge through IT Enabled Services

·         Retail – Going strong but getting hurt because of the real estate markets

·         Vocational / Preparatory Education – Fundamentally strong because of huge population base and high competition in public examinations

·         F&B – Low level of activity currently but attractive long-term potential

·         Professional Services – Low level of activity currently but attractive long-term potential

3 Pillars of TIM:

·         Identifying brands of repute and potential which have developed Franchise Systems, who want to expand.

·         Partnering with entrepreneurs who are interested in starting franchise business.

·         Investors who fund the Franchise System