There are three Manchester United Cafés and bars presently, operational in India — in Mulund and the Palladium Mall in Mumbai, and in Gurgoan. Following the rousing reception to the brand, the franchise plans to open 10 more cafes across the country, in Delhi, Kolkata, Hyderabad, Goa, Pune and Chandigarh.
“We’re also looking to branch out in the western suburbs, and are targetting Andheri Link Road and Juhu. There are also plans for a slightly smaller outlet in South Mumbai for the townies and corporate crowd,” informs Gaurav Goenka, director, Mirah Group.
After a mega promotional plan woven around the FIFA World Cup last month, Goenka is now looking to cash in on the annual English Premier League. “The crowd-pulling schemes will depend on the importance of the matches being played that day. Once all 10 outlets are operational, we will also think of flying down some of the ace footballers as guests,” says Goenka.
Expansion plans are in place for the thali joint Rajdhani as well, now that Mirah Group has acquired a 100 per cent stake in the venture. The flagship brand should open in all the major cities, including Delhi, Chennai, Bhopal, Nasik and Allahabad. “We are also looking at new outlets in Vashi, Thane, Bandra and Juhu that should flag off in the next four-six months. And after Oman and Dubai, we are exploring Singapore, Hong Kong and London as future venues.
We are getting enquires from the US,” he says. Geonka does not intend to incorporate any major changes in the menu but says it will be more elaborate, the ambience will be more elegant and service standards will be upped. “We are also thinking of having regular festivals like a Sindhi or a Maharashtrian food fest, when we will deviate from our regular Gujarati-Rajasthani cuisines,” points out Geonka.
His Bandra-based Italian restaurant, Café Mangii, is also branching out in Powai and Andheri, and after Goa, will be travelling to Pune, Bangalore and Delhi. These cities are also on the radar for Falafels that is currently operating only out of Mumbai.
New food court?
The food court brand Palette, which has just opened in Shird, Vapi and Pune, could be entering the city next. “We are also looking at Mumbai but the concept of serving different cuisines under one roof works best in tier-two cities,” explains Goenka.
Novelle, that caters to select clients like Infosys in Mysore, the Aditya Birla Hospital and the Malabar Hill Club in Mumbai, is also growing. “We could start serving hygienic, high on nutrition meals to Infosys in Banglaore next. And Billabong High School, whose Thane branch we cater to presently, could use our services for its other branches too,” says Goenka, adding that talks are on with other international brands but it’s too early to divulge details.
Tags:Manchester United Cafe Franchise, Man U Franchise, Gaurav Goenka, Mirah Group,Rajdhani Franchise, Cafe Mangii, Palette, Novelle, Rajdhani Thali Franchise, Thali Franchise.
Source:Roshmila Bhattacharya, Hindustan Times,Mumbai, August 09, 2010
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Tuesday, August 17, 2010
Oceanic Consultants, BPO Intelligence and Object Next Software Makes OCA Group a 440 Cr Business House
CHANDIGARH: He used to sell decorative candles to the newly-wed couples along the roadside in Chandigarh. "I was never interested in studies, and I always wanted to do something of my own," says Naresh Gulati, who is now the owner of Rs 440-crore Oceanic Consultants Australia Group (OCA Group).
From selling candles to wholesale cloth trading, to cosmetics wholesale and teaching at Aptech Computers to running a computer centre, the 39-year-old tried his hands at many things before homing in on overseas education consultancy business.
The journey has not been easy for Mr Gulati who flunked in class 10 and performed miserably in college. But he is now a guest lecturer on entrepreneurship in leading Australian universities.
Armed with a diploma in electronic data processing, Mr Gulati went to RMIT, Melbourne, in 1995 for a post-graduate course in information systems. However, destiny had scripted a different chapter for him.
"When I reached there, I realised that I had been duped. I was promised a job in Melbourne by my immigration consultant, and that would have helped me clear the loan that I took for going overseas," recalls Mr Gulati. For the next six months, Mr Gulati came in touch with several students who had met the same fate. And this made him think about a fantastic business opportunity-immigration consultancy business.
Mr Gulati came back to Chandigarh in 1996 and started Oceanic Consultants. "Chandigarh had over 110 such agencies at that time, and I was discouraged by many not to venture into this business, says Mr Gulati. "There was a time when I had to choose between two options-paying the rent or using that money for advertising. I chose the latter and the risk paid off,".
In three years, Oceanic Consultants had opened branches in Ludhiana, Patiala, Jallandhar and Amritsar. However, the franchise model was not sustainable as quality was getting affected and people were not interested in investing money. Moreover, established players such as Study Overseas and IBP Education created a dent in whatever little marketing that Oceanic did.
Oceanic Consultants then zeroed in on company-owned office model. And the decision paid off. Oceanic now has 20 offices across India and plans to take the count to 60 by 2013.
"We opened our Australia office a decade back and the UK office last year. By the end of this year, we will be present in US and Canada. Punjab offices have now started to become profitable, while others will soon follow suit," says Mr Gulati.
He saw another opportunity in printing and distribution segments of universities. "In 2005, we developed a new technology enabling online orders of prospectus printing, postage and tracking from India to anywhere in the world. This outsourcing facility has helped universities save 25-65% of their profits even when our investment in starting BPO Intelligence was A$ 1,000," adds Mr Gulati.
In five years, BPO Intelligence is the leading company in Australia with 29 of the 39 universities using its services. Seven of the eight universities in New Zealand and eight clients in the UK also use these services.
The next year, another idea on software solutions for the education industry lead to formation of Object Next Software with an investment of A$ 5 million. In 2007, after a corporate restructuring, the OCA Group became the parent company of Oceanic Consultants, BPO Intelligence and Object Next, based out of Australia. The companies have been winning accolades from Australian Business Awards every year since 2008.
This year, Oceanic Consultants won the Australian Business Award for best enterprise in personal services industry. While Object Next won the award for best new product, BPO Intelligence won the award in two categories - product value and product excellence.
The Fairfax Media Group's Business Review Weekly ranked BPO Intelligence as the 12th fastest growing company in Australia this year, up from 93rd in 2008. Today, it contributes to more than 30-40% of the group's total revenue of $A 20 million. To make the Oceanic Consultants meaner and leaner, Mr Gulati brought in PriceWaterhouseCoopers last year to do a performance management of the entire system, and at the same time added a virtual private network connecting all its offices across different countries.
Mr Gulati feels that India will fuel the growth in overseas education even when the Indian government is rooting for foreign universities to come and set up shop.
"The demand for quality education and a global qualification is high in India. We plan to capitalise on this demand and become a global player, enabling admissions from any place to any place in the world. We're investing heavily into technology, which would allow us to hold global webinars providing virtual access to everyone," adds Mr Gulati.
Tags:Naresh Gulati, Oceanic Consultants, OCA Group, Overseas Education Franchise, Study Abroad Franchise, Immigration Franchise, immigration consultancy business, BPO Intelligence, Object Next
Source:11 AUG, 2010, 10.12PM IST, GULVEEN AULAKH,ET BUREAU,
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
From selling candles to wholesale cloth trading, to cosmetics wholesale and teaching at Aptech Computers to running a computer centre, the 39-year-old tried his hands at many things before homing in on overseas education consultancy business.
The journey has not been easy for Mr Gulati who flunked in class 10 and performed miserably in college. But he is now a guest lecturer on entrepreneurship in leading Australian universities.
Armed with a diploma in electronic data processing, Mr Gulati went to RMIT, Melbourne, in 1995 for a post-graduate course in information systems. However, destiny had scripted a different chapter for him.
"When I reached there, I realised that I had been duped. I was promised a job in Melbourne by my immigration consultant, and that would have helped me clear the loan that I took for going overseas," recalls Mr Gulati. For the next six months, Mr Gulati came in touch with several students who had met the same fate. And this made him think about a fantastic business opportunity-immigration consultancy business.
Mr Gulati came back to Chandigarh in 1996 and started Oceanic Consultants. "Chandigarh had over 110 such agencies at that time, and I was discouraged by many not to venture into this business, says Mr Gulati. "There was a time when I had to choose between two options-paying the rent or using that money for advertising. I chose the latter and the risk paid off,".
In three years, Oceanic Consultants had opened branches in Ludhiana, Patiala, Jallandhar and Amritsar. However, the franchise model was not sustainable as quality was getting affected and people were not interested in investing money. Moreover, established players such as Study Overseas and IBP Education created a dent in whatever little marketing that Oceanic did.
Oceanic Consultants then zeroed in on company-owned office model. And the decision paid off. Oceanic now has 20 offices across India and plans to take the count to 60 by 2013.
"We opened our Australia office a decade back and the UK office last year. By the end of this year, we will be present in US and Canada. Punjab offices have now started to become profitable, while others will soon follow suit," says Mr Gulati.
He saw another opportunity in printing and distribution segments of universities. "In 2005, we developed a new technology enabling online orders of prospectus printing, postage and tracking from India to anywhere in the world. This outsourcing facility has helped universities save 25-65% of their profits even when our investment in starting BPO Intelligence was A$ 1,000," adds Mr Gulati.
In five years, BPO Intelligence is the leading company in Australia with 29 of the 39 universities using its services. Seven of the eight universities in New Zealand and eight clients in the UK also use these services.
The next year, another idea on software solutions for the education industry lead to formation of Object Next Software with an investment of A$ 5 million. In 2007, after a corporate restructuring, the OCA Group became the parent company of Oceanic Consultants, BPO Intelligence and Object Next, based out of Australia. The companies have been winning accolades from Australian Business Awards every year since 2008.
This year, Oceanic Consultants won the Australian Business Award for best enterprise in personal services industry. While Object Next won the award for best new product, BPO Intelligence won the award in two categories - product value and product excellence.
The Fairfax Media Group's Business Review Weekly ranked BPO Intelligence as the 12th fastest growing company in Australia this year, up from 93rd in 2008. Today, it contributes to more than 30-40% of the group's total revenue of $A 20 million. To make the Oceanic Consultants meaner and leaner, Mr Gulati brought in PriceWaterhouseCoopers last year to do a performance management of the entire system, and at the same time added a virtual private network connecting all its offices across different countries.
Mr Gulati feels that India will fuel the growth in overseas education even when the Indian government is rooting for foreign universities to come and set up shop.
"The demand for quality education and a global qualification is high in India. We plan to capitalise on this demand and become a global player, enabling admissions from any place to any place in the world. We're investing heavily into technology, which would allow us to hold global webinars providing virtual access to everyone," adds Mr Gulati.
Tags:Naresh Gulati, Oceanic Consultants, OCA Group, Overseas Education Franchise, Study Abroad Franchise, Immigration Franchise, immigration consultancy business, BPO Intelligence, Object Next
Source:11 AUG, 2010, 10.12PM IST, GULVEEN AULAKH,ET BUREAU,
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Friday, August 13, 2010
India Franchise Companies and Top Brands waking up to entrepreneurs in Tier II, III cities.
AHMEDABAD: A small town in Parbhani, around 400 km from the financial hub of Mumbai, has of late woken up to the concept of sending their toddlers to a branded pre-school. Never before a parent of the town actually dressed up his child in neat uniform for something that seemed essentially a plaything.
For EuroKids International Ltd, however, it was about spotting a local entrepreneur to lap up its flagship pre-school brand EuroKid as its new franchisee. With the untapped tier II and III cities showing a phenomenal 40-45% growth in the $16 billion Indian franchising industry, the decision to go to Parbhani was obvious.
Not just education service providers, even retailers, travel operators and FMCG companies are thronging lesser known towns and cities to find franchisees in local entrepreneurs. “The Indian market that has never witnessed such excitement in the franchise industry,” notes Ritu Marya, the director of Franchise India. From 300 franchisers in 2005, the numbers doubled in 2008 while standing at 1,150 in 2010, she observes. “With understanding of the franchise business, companies are eager to explore opportunities in the market that is growing at 32-35% YoY.
However, with metros and tier I cities close to saturation in terms of growth of brands through the franchise model, brands are looking at virgin markets. So be it tier II or III cities or rural India, which contribute about 25% and 5% respectively to the franchise turnover basket, brands are expected to penetrate those markets more aggressively than ever before in next five years time,” she adds. That explains presence of EuroKids’ franchisee in markets like Akot, Angangaon (both Maharashtra), Navsari and Nadiad (Gujarat) or kitchenware retailer Prestige’s franchisee in Rajapalyam (TN) and Haldia (WB) and AMUL’s in almost every nook and corner of its home state Gujarat and elsewhere.
Says KG George, VP (retail), TTK Prestige Ltd: “Our presence in 160 towns through 246 franchisees have paid off very well. In fact, in certain cases, like the outlet in Rajapalyam, the turnover (Rs 40 lakh per month) surpasses the cumulative turnover of Prestige from multi-branded outlets. Now, we are keen to scale our number by 50 additional franchisees to achieve a 13% growth this fiscal and would essentially go to smaller towns where we are not represented well.” Big brands eager to set shop in these new markets essentially assess the disposable income of the consumers. “Brands look for a market where an average income of a family would be Rs 8-10 lakh per annum. Growth in infrastructure in those pockets, low rentals and high disposable incomes have given a thrust to this process,” Marya adds.
For Debashis Chattopadhayay, who has been retailing everything from buttermilk satches to ice-creams and pizzas under the AMUL brand, saying no to eager franchise takers has understandably been a daunting task.
The deputy Manager (retail) at Gujarat Co-operative Milk Marketing Federation Ltd that markets AMUL, who seeks to take the number of franchised outlets from current 5,000 to 10,000 by 2012, has experienced the brand-pull of AMUL. “We aspire to grow in smaller markets with partners who are passionate about the business and not just thinking of quick financial returns,” he says.
Franchising essentially needs a long-term approach and has to be looked at in terms of 5-10 years period. Considering it is an alternative to people, time and money, one has to be very sure about the model.Education topping the charts of the most franchised business in India (28%), followed by apparel retailing, companies playing in those sectors have adopted franchise route as their expansion strategies.
Uttam Saklani (area manager-West), EuroKids, could not agree less. Inching closer to take its tally of branded pre-schools to more than 900 in the current fiscal, the company is very sure about the potential growth markets. “With nearly 70% of our target group residing in the smaller towns and cities, we are aggressive about entering those markets through the franchise route,” he says adding that 40% of such franchised pre-schools are in smaller markets.
Tags:franchise model, franchise in tier II cities, franchise turnover, franchise penetration, franchise small towns, franchise smaller cities, franchising in small cities, franchise small markets
Source:12 Aug 2010, 1502 hrs IST,Shramana Ganguly Mehta,ET Bureau.
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
For EuroKids International Ltd, however, it was about spotting a local entrepreneur to lap up its flagship pre-school brand EuroKid as its new franchisee. With the untapped tier II and III cities showing a phenomenal 40-45% growth in the $16 billion Indian franchising industry, the decision to go to Parbhani was obvious.
Not just education service providers, even retailers, travel operators and FMCG companies are thronging lesser known towns and cities to find franchisees in local entrepreneurs. “The Indian market that has never witnessed such excitement in the franchise industry,” notes Ritu Marya, the director of Franchise India. From 300 franchisers in 2005, the numbers doubled in 2008 while standing at 1,150 in 2010, she observes. “With understanding of the franchise business, companies are eager to explore opportunities in the market that is growing at 32-35% YoY.
However, with metros and tier I cities close to saturation in terms of growth of brands through the franchise model, brands are looking at virgin markets. So be it tier II or III cities or rural India, which contribute about 25% and 5% respectively to the franchise turnover basket, brands are expected to penetrate those markets more aggressively than ever before in next five years time,” she adds. That explains presence of EuroKids’ franchisee in markets like Akot, Angangaon (both Maharashtra), Navsari and Nadiad (Gujarat) or kitchenware retailer Prestige’s franchisee in Rajapalyam (TN) and Haldia (WB) and AMUL’s in almost every nook and corner of its home state Gujarat and elsewhere.
Says KG George, VP (retail), TTK Prestige Ltd: “Our presence in 160 towns through 246 franchisees have paid off very well. In fact, in certain cases, like the outlet in Rajapalyam, the turnover (Rs 40 lakh per month) surpasses the cumulative turnover of Prestige from multi-branded outlets. Now, we are keen to scale our number by 50 additional franchisees to achieve a 13% growth this fiscal and would essentially go to smaller towns where we are not represented well.” Big brands eager to set shop in these new markets essentially assess the disposable income of the consumers. “Brands look for a market where an average income of a family would be Rs 8-10 lakh per annum. Growth in infrastructure in those pockets, low rentals and high disposable incomes have given a thrust to this process,” Marya adds.
For Debashis Chattopadhayay, who has been retailing everything from buttermilk satches to ice-creams and pizzas under the AMUL brand, saying no to eager franchise takers has understandably been a daunting task.
The deputy Manager (retail) at Gujarat Co-operative Milk Marketing Federation Ltd that markets AMUL, who seeks to take the number of franchised outlets from current 5,000 to 10,000 by 2012, has experienced the brand-pull of AMUL. “We aspire to grow in smaller markets with partners who are passionate about the business and not just thinking of quick financial returns,” he says.
Franchising essentially needs a long-term approach and has to be looked at in terms of 5-10 years period. Considering it is an alternative to people, time and money, one has to be very sure about the model.Education topping the charts of the most franchised business in India (28%), followed by apparel retailing, companies playing in those sectors have adopted franchise route as their expansion strategies.
Uttam Saklani (area manager-West), EuroKids, could not agree less. Inching closer to take its tally of branded pre-schools to more than 900 in the current fiscal, the company is very sure about the potential growth markets. “With nearly 70% of our target group residing in the smaller towns and cities, we are aggressive about entering those markets through the franchise route,” he says adding that 40% of such franchised pre-schools are in smaller markets.
Tags:franchise model, franchise in tier II cities, franchise turnover, franchise penetration, franchise small towns, franchise smaller cities, franchising in small cities, franchise small markets
Source:12 Aug 2010, 1502 hrs IST,Shramana Ganguly Mehta,ET Bureau.
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Shriram Finance Opens Its Priveleged Franchise at Vadodara
Mumbai, Maharashtra, August 13, 2010: Shriram Transport Finance Co. Ltd (STFC), the largest asset financing NBFC, today, announced the launch of Privileged Franchise at Vadodara, Gujarat. The novel endeavor will cater to STFC's extended network of niche customers.
Mr. U. G. Revankar, Dy. Managing Director, Shriram Transport Finance Company Ltd. inaugurated the Privileged Frachise at Trident Complex, Race Course Circle, Vadodara. The Privileged Franchise will be at par with any other Shriram branches.
Speaking at the inauguration of the Privileged Franchise, Mr. U. G. Revankar, Dy. Managing Director, STFC, said," I am delighted to inaugurate our Privileged Franchise in Vadodara which is a rapidly growing and strategic market for us. The pre-owned car market in Vadodara is growing at a rapid rate and has immense scope for growth."
"We are honored to be associated with Shriram Transport Finance Company Ltd. and intend to add sustainable, long-term value to the company and the customers" added, Mr. Ashok Jain of Privileged Franchise.
Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking, and Distribution businesses. Incorporated in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 482 branch offices. Based at Mumbai, it manages assets over Rs 30,000 crores and has a customer base exceeding 7,00,000.
Tags:Finance Franchise, Financing Franchise, Shriram Franchise, Priveleged Franchise, Vadodara Franchise, Transport Franchise, loan franchise, shriram transport finance company
Source:India PRwire
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Mr. U. G. Revankar, Dy. Managing Director, Shriram Transport Finance Company Ltd. inaugurated the Privileged Frachise at Trident Complex, Race Course Circle, Vadodara. The Privileged Franchise will be at par with any other Shriram branches.
Speaking at the inauguration of the Privileged Franchise, Mr. U. G. Revankar, Dy. Managing Director, STFC, said," I am delighted to inaugurate our Privileged Franchise in Vadodara which is a rapidly growing and strategic market for us. The pre-owned car market in Vadodara is growing at a rapid rate and has immense scope for growth."
"We are honored to be associated with Shriram Transport Finance Company Ltd. and intend to add sustainable, long-term value to the company and the customers" added, Mr. Ashok Jain of Privileged Franchise.
Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking, and Distribution businesses. Incorporated in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 482 branch offices. Based at Mumbai, it manages assets over Rs 30,000 crores and has a customer base exceeding 7,00,000.
Tags:Finance Franchise, Financing Franchise, Shriram Franchise, Priveleged Franchise, Vadodara Franchise, Transport Franchise, loan franchise, shriram transport finance company
Source:India PRwire
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Franchising Association Of India To Hold Its Annual Conclave at IRF On 28 SEP 2010
Franchising Association of India (FAI) is holding its annual conclave at the IRF on 28th September 2010. The conclave will see some of the most successful franchisors and franchisees from India and overseas deliberating on the theme ’Franchising – The Future Of Retailing In India’.
Mr C Y Pal Chairman mentioned, "with the increasing spirit of enterprise in the retail sector, the franchising format is finding large and growing presence in hundreds of malls and otherwise all around the country. I believe that IRF 2010 will provide an excellent forum for debating the issues involved for managing orderly growth and for evolving the directional steps that the franchising industry should work towards in the coming years."
The backdrop of the event will revolve around how franchising as a business model has witnessed rapid growth in recent years, along with emergence of many modern retail formats, there is lot more that remains to be done to steer orderly growth of franchising to ensure ongoing successes in this domain and to minimise failures. Simply lobbying with the Government to bring in more regulation is not the right answer to the issues involved. Bringing in transparency and professionalism in Franchisor-Franchisee business relationships based on international best practices is going to be the major challenge.
The Discussion points being:
The current status: The number of franchising systems in the country and projected growth in the coming years.
Issues based on current experience.
Support systems required for orderly growth of the industry.
International best practices: Franchise agreements, disclosure norms.
Do we need Govt involvement and regulation?
Way forward in the coming years.
The conclave aims to foster the spirit of franchising in India which is growing at a very fast pace.The franchise event aims to bring the franchise industry together to discuss how they could collaborate to enhance franchise growth and play a vital role in the future of retailing in India .The conclave will see the franchise leaders and the entire franchise fraternity come together to celebrate the coming of age of franchising in India.
Members of the FAI could register online on:
http://www.indiaretailforum.in/fai.asp
Tags:FAI, Franchise Association India, Franchising Association Of India, Franchise Conclave, Franchise Event, Franchise Industry, franchising systems,india franchise, india franchising.
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Mr C Y Pal Chairman mentioned, "with the increasing spirit of enterprise in the retail sector, the franchising format is finding large and growing presence in hundreds of malls and otherwise all around the country. I believe that IRF 2010 will provide an excellent forum for debating the issues involved for managing orderly growth and for evolving the directional steps that the franchising industry should work towards in the coming years."
The backdrop of the event will revolve around how franchising as a business model has witnessed rapid growth in recent years, along with emergence of many modern retail formats, there is lot more that remains to be done to steer orderly growth of franchising to ensure ongoing successes in this domain and to minimise failures. Simply lobbying with the Government to bring in more regulation is not the right answer to the issues involved. Bringing in transparency and professionalism in Franchisor-Franchisee business relationships based on international best practices is going to be the major challenge.
The Discussion points being:
The current status: The number of franchising systems in the country and projected growth in the coming years.
Issues based on current experience.
Support systems required for orderly growth of the industry.
International best practices: Franchise agreements, disclosure norms.
Do we need Govt involvement and regulation?
Way forward in the coming years.
The conclave aims to foster the spirit of franchising in India which is growing at a very fast pace.The franchise event aims to bring the franchise industry together to discuss how they could collaborate to enhance franchise growth and play a vital role in the future of retailing in India .The conclave will see the franchise leaders and the entire franchise fraternity come together to celebrate the coming of age of franchising in India.
Members of the FAI could register online on:
http://www.indiaretailforum.in/fai.asp
Tags:FAI, Franchise Association India, Franchising Association Of India, Franchise Conclave, Franchise Event, Franchise Industry, franchising systems,india franchise, india franchising.
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Thursday, August 12, 2010
JumpBunch Inc USA Appoints Fun Factory India as Their First International Master Franchise
angalore JumpBunch Inc USA, a franchisor that provides sports and fitness programs for kids, announced the successful launches of its first international master Franchise in India to M/s Fun Factory. As part of their expansion plans, they will run and manage the Franchise network in India. The potential that they see in India is large and they believe that this is a fertile market to tap into as they grow.
JUMPBUNCH® Inc. USA (www.jumpbunch.com) provides a “Friendly Introduction” to sports, fitness, and physical education training to children in Preschools, Day-cares, Schools and other similar facilities for the last 13 years. This program is targeted at kids between the ages of 2 years and 8 years. It currently operates around 37 franchises in about 26 states in the US. This is their first venture outside of the US. Every week 15000 kids go thru the JumpBunch program all over the US.
Thomas Bunchman, President and CEO, JumpBunch Inc said, "We are proud to have Dhana and Deepak as our first International Master Franchise. They are extraordinarily talented people with a passion for introducing sports skills to children across India. We expect this to be a springboard for further international Master Franchises across the globe."
DhanaLaxmi and Deepak, Founders, Fun Factory, said,” Jumpbunch has devised a curriculum that provides awareness and generates an interest among children towards sports and fitness at a very early age. The objective is to make sports and fitness learning a fun and enjoyable activity and to cultivate it as a habit early on in life.” “The curriculum, developed and currently used in the US offering 70 international activities, aims to improve a child’s motor skills & coordination and build soft skills like team play, team work, directional abilities, discipline, etc and also help build the basic skills towards playing bigger and better sports after the age of 8, “ they further added.
The curriculum uses age-specific equipment that helps maintain a high level of safety, preventing any possible accidents or injuries. Their model is a portable one with JumpBunch associating with various schools in Bangalore and offering this activity either as part of the school curriculum or as an after school activity. The sessions are conducted in a musical & fun filled environment with the children enjoying what they are doing and not completely realizing that they are actually exercising and learning the technicalities of the sport. This is also offered in various activity centres as an after school activity across the city.
Tags:JumpBunch, Thomas Bunchman, Fun Factory, Kids Franchise, Dhana and Deepak, Franchise Network, Kids Skill Development Franchise, Kids Development Franchise,kids sports franchise
Source:Businesswire India Posted: Aug 10, 2010 at 1533 hrs IST
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
JUMPBUNCH® Inc. USA (www.jumpbunch.com) provides a “Friendly Introduction” to sports, fitness, and physical education training to children in Preschools, Day-cares, Schools and other similar facilities for the last 13 years. This program is targeted at kids between the ages of 2 years and 8 years. It currently operates around 37 franchises in about 26 states in the US. This is their first venture outside of the US. Every week 15000 kids go thru the JumpBunch program all over the US.
Thomas Bunchman, President and CEO, JumpBunch Inc said, "We are proud to have Dhana and Deepak as our first International Master Franchise. They are extraordinarily talented people with a passion for introducing sports skills to children across India. We expect this to be a springboard for further international Master Franchises across the globe."
DhanaLaxmi and Deepak, Founders, Fun Factory, said,” Jumpbunch has devised a curriculum that provides awareness and generates an interest among children towards sports and fitness at a very early age. The objective is to make sports and fitness learning a fun and enjoyable activity and to cultivate it as a habit early on in life.” “The curriculum, developed and currently used in the US offering 70 international activities, aims to improve a child’s motor skills & coordination and build soft skills like team play, team work, directional abilities, discipline, etc and also help build the basic skills towards playing bigger and better sports after the age of 8, “ they further added.
The curriculum uses age-specific equipment that helps maintain a high level of safety, preventing any possible accidents or injuries. Their model is a portable one with JumpBunch associating with various schools in Bangalore and offering this activity either as part of the school curriculum or as an after school activity. The sessions are conducted in a musical & fun filled environment with the children enjoying what they are doing and not completely realizing that they are actually exercising and learning the technicalities of the sport. This is also offered in various activity centres as an after school activity across the city.
Tags:JumpBunch, Thomas Bunchman, Fun Factory, Kids Franchise, Dhana and Deepak, Franchise Network, Kids Skill Development Franchise, Kids Development Franchise,kids sports franchise
Source:Businesswire India Posted: Aug 10, 2010 at 1533 hrs IST
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
Monday, August 9, 2010
continent hotels signs south asia master franchise PV Hotels as sole licensors to expand in India, Nepal, Bangladesh, Malaysia,Singapore, Srilanka and Thailand.
Continent Hotels and Resorts Brand Franchise Systems, Ltd. (CHR), has announced that a master franchise license agreement with India-based PV HOTELS & RESORTS PVT LTD will bring the Continent Brand flag to India and South East Asia.
With the agreement, PV HOTELS & RESORTS PVT LTD will become official licensor in India, Nepal, Bangladesh, Malaysia, Singapore, Sri Lanka and Thailand. Company announced that according to agreement and plans, 25 hotels opening planned during first year of their license.
"All hotels represent perfect examples of what Continent Hotel, Continent Resort and Continent City Inn symbolize, international standards, blended with Turkish Hospitality," states Ethem Zagikyan, Principal and Managing Director of Continent World wide. "By entering into a joint venture and Master License agreement with PV Hotels, we aim to intensify Continent's position in the market, which includes investing additional resources," continues Ethem. "By increasing our involvement, we aim to boost the developments so to achieve our overall mission of becoming one of the well known brands in the markets we operate in. We are excited to begin granting our third international partnership agreement, and to be partner with PV Hotels. Bringing the Continent brand to South East Asia will contribute greatly to its growing travel and tourism industry."
PUJA MEHTA DIXIT, the President of PV Hotels said; "We are pleased to be working with Continent brand franchise, and look forward to developing and re branding hotels. We have found an excellent fit with our Continent Hotels partnership, a mid and upper scale market limited and full service chain that fits the strategic needs of South East Asia" and adds; "These are important ingredients for our franchise success. The personal support given from the Continent's corporate staff combined with the implementation of PV Hotels experience is a winning formula for growth and success."
About Continent:
Continent Hotels and Resorts® and its standards were founded in 2000 by veteran hotelier Mr. Jirayr Zagikyan who has more than 40 years experience in hospitality field, as Executive Team Member role with Hilton International, Merit Hotels and Resorts and Divan Hotels. Continent brand registered as trademark in 2003 by his son Mr. Ethem Aret Zagikyan and Company started to ramp up in International Arenas not just as Consulting Services Provider but as an International Hotel Operator and brand franchisor. Continent Hotels & Resorts is a privately owned franchise and management company with its head office based in Istanbul, Turkey.
Tags:Continent Hotels, Brand Franchise Systems, PV Hotels, licensor, city inn, ethem zagikyan, joint venture, master license agreement, puja mehta dixit,jirayr zagikyan, hotel franchise
Source:Company Press Release August 7, 2010.
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
With the agreement, PV HOTELS & RESORTS PVT LTD will become official licensor in India, Nepal, Bangladesh, Malaysia, Singapore, Sri Lanka and Thailand. Company announced that according to agreement and plans, 25 hotels opening planned during first year of their license.
"All hotels represent perfect examples of what Continent Hotel, Continent Resort and Continent City Inn symbolize, international standards, blended with Turkish Hospitality," states Ethem Zagikyan, Principal and Managing Director of Continent World wide. "By entering into a joint venture and Master License agreement with PV Hotels, we aim to intensify Continent's position in the market, which includes investing additional resources," continues Ethem. "By increasing our involvement, we aim to boost the developments so to achieve our overall mission of becoming one of the well known brands in the markets we operate in. We are excited to begin granting our third international partnership agreement, and to be partner with PV Hotels. Bringing the Continent brand to South East Asia will contribute greatly to its growing travel and tourism industry."
PUJA MEHTA DIXIT, the President of PV Hotels said; "We are pleased to be working with Continent brand franchise, and look forward to developing and re branding hotels. We have found an excellent fit with our Continent Hotels partnership, a mid and upper scale market limited and full service chain that fits the strategic needs of South East Asia" and adds; "These are important ingredients for our franchise success. The personal support given from the Continent's corporate staff combined with the implementation of PV Hotels experience is a winning formula for growth and success."
About Continent:
Continent Hotels and Resorts® and its standards were founded in 2000 by veteran hotelier Mr. Jirayr Zagikyan who has more than 40 years experience in hospitality field, as Executive Team Member role with Hilton International, Merit Hotels and Resorts and Divan Hotels. Continent brand registered as trademark in 2003 by his son Mr. Ethem Aret Zagikyan and Company started to ramp up in International Arenas not just as Consulting Services Provider but as an International Hotel Operator and brand franchisor. Continent Hotels & Resorts is a privately owned franchise and management company with its head office based in Istanbul, Turkey.
Tags:Continent Hotels, Brand Franchise Systems, PV Hotels, licensor, city inn, ethem zagikyan, joint venture, master license agreement, puja mehta dixit,jirayr zagikyan, hotel franchise
Source:Company Press Release August 7, 2010.
This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.
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