Tuesday, March 2, 2010

Top 100 Franchise In India: India Franchise Rankings

Maverick Franchise Brands launches India Franchise Rankings 2010

Inaugural India Franchise Rankings, a first of its kind, annual exercise initiated.
Mumbai, India 2nd March 2010: With an aim to encourage and promote best practices in franchising in India, Maverick Franchise Ventures (MFV India) announced the launch of the first-of-its kind 'India Franchise Rankings 2010'- awards to honour the achievements and the entrepreneurial spirit of Indian franchisors. India Franchise Rankings 2010 is an annual exercise aimed at encouraging franchise companies.

Despite there being several initiatives to award franchise brands, none of them have the a clear methodology on the basis of which they are ranked. The current awards gauge franchise recruitment progress and is where number and expansion driven, leaving behind a lot of more important parameters, no. of franchisee locations closed, franchisee profitability and success ratios.

The franchisee - entrepreneur of today complements the core Indian values of respect, freedom and hard work. Franchising shapes the lives of 85,000 Plus Franchisees across India, these franchisee - entrepreneurs transform and mould the franchise system and spreads the same entrepreneurial idea, within their family.

Considering the undividable association of celebration and entrepreneurship, MFV India decided to salute these 'solid gold franchisors' and acknowledge their contribution to the Indian Economy.


Speaking on this occasion, Dhawal Shah, Founder of MFV India said, that, 'We are pleased to launch the inaugural India Franchise Rankings 2010. Today's franchisees and businessmen are always on the lookout for franchise and business opportunities, but are not aware of various companies. With our propreitory index, we have developed a methodology for evaluating and assessing India's leading franchise companies'.


Silvio Zannoni, one of the investors in Maverick Franchise Ventures, on this occasion said that, 'Our Partnership with Way2Franchise.com has been quite successful in helping us launch unique-first initiatives like the India Franchise Rankings, Similar to our online franchise portal in Italy, we will definitely see us increase our market share in India as well.


Since, November 2009, the MFV India Team has been constantly examining franchisors and confidentially surveying franchisees. Participation in the franchisee’s surveys is anonymous; franchisees receive codes for confidentiality. Some of them, that prefer to speak over the telephone are not asked for their identity or location. Here is how we compile this mega-list--the first, best and most comprehensive franchise ranking in India. The process began in November 2009, when we asked franchisors to participate in this year's survey. Each submission was vetted before being entered for data analysis, with 164 companies making the first cut. Of those, the top 100 companies made the Franchise 100 ranking, based on franchisee satisfaction and profitability.


Geetanjali Mehlwal, a legal expert and an experienced franchise veteran said that, 'India Franchise Rankings is a much needed initiative that will benefit everyone in the franchise industry in India as well as provide foreign franchisors with a fair idea about the performance of the Indian franchise industry'


All companies, regardless of size, are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it's been franchising, start-up costs, percentage of terminations, and whether the company provides financing.


All the factors are plugged into our proprietary methodology, with each eligible company receiving a cumulative score. The 100 franchises with the highest cumulative scores become the India Franchise 100. Remember that the India Franchise 100 is not intended to endorse, advertise or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. MFV India stresses that you should always conduct your own independent investigation before investing money in a franchise.

The winners of the inaugural annual India Franchise Rankings 2010 Competition honoring excellence in franchising are:


1 Raymonds

2 Angel

3 Subway

4 Eurokids

5 NIIT

6 Helen O Grady

7 Siyarams

8 Aptech Computer Education

9 Coffee Day Xpress

10 Reliance Money

11 Koutons

12 Career Launcher

13 TIME

14 Motilal Oswal

15 Institute of Management Studies

16 Spykar Jeans

17 Max Mind Abacus

18 Kwality Walls

19 Bachpan Play School

20 Levis

21 ICICI Securities

22 Animaster

23 N Power

24 The Apollo Clinic

25 VETA

26 Jawed Habib Hair Xpreso

27 Podar Happy Kids

28 Golds Gym

29 Cartridge World

30 Easy Bill

31 Sharekhan

32 Suvidha

33 Academy Of Broadcasting

34 Flair English

35 India Infoline

36 Karrox

37 Snap Fitness

38 Srinathjis

39 Way2Wealth

40 Abacus Mental Mathematics Academy

41 US Dollar Store

42 Texas Chicken

43 US Pizza

44 K Lounge

45 Sykes and Ray Equities

46 Fashion and I

47 Sarva Jal

48 The Loot Store

49 VLCC

50 Institute of Computer Accountants

51 English Express

52 Sykes and Ray Equities

53 Remax

54 Go Chaatz

55 iPlayiLearn

56 LJ Hooker

57 Avalon

58 Ace Tours and Travels

59 Clipso beauty School

60 Jumbo King Foods

61 Desk to Desk Couriers (DTDC)

62 Belmonte Apparel (S. Kumars)

63 Animation Traning School (ANTS)

64 Oxford Book Store

65 Zapak Gameplex

66 Time Zone India

67 Frameboxx

68 Castol Bike Zone

69 Tanclean

70 SVK Institute of Management

71 Pizza Corner

72 Re-Feel

73 Jetking Infotrain

74 Ideal Play Abacus (IPA)

75 Comfort Securities

76 Sagar Ratna

77 Sykes and Ray Equities

78 Mahindra First Choice

79 Zee Institute of Creative Arts

80 Russell's Institute of English

81 Geetanjali Group

82 Dandy Collection

83 Adidas

84 Kaati Zone

85 Gini and Jony

86 Kidzee

87 REBI

88 Baskin Robbins

89 Java Green

90 Slice of Italy

91 ABC Montessori

92 Western Union Money Transfer

93 Multi Utility Solutions

94 Appin Knowledge Solutions

95 Talwalkar's Gyms

96 Ventura Securities

97 Reebok

98 Sharkey's Cuts for Kids

99 Tropical Sno

100 Vichare Couriers



Legal Disclaimer:

Before making any commitment, or paying any money, it is essential that prospective buyers make their own careful enquiries, discuss the franchise opportunity with any other franchisees and take appropriate professional advice from an experienced franchise consultant.we ar any of our sponsors or endorsers or related companies will be responsible or liable for losses, costs and expenses, including consequential losses and any failure of business which may result from the use of this information or the use of or reliance on data contained in it.