Franchising is the model for business expansion of successful brands. It comprises of an agreement between the brand owner and the franchise owner in which the brand allows the franchise owner to use its name, products, business processes, logo, trademarks etc. for business purposes in exchange of a franchise fee.

A franchise business is a proven business model of a particular brand but on the other hand, a non-franchise business is a business owned by a particular individual where everything from management cost to defining SOPs, hiring of staff to branding and creating customer base, is managed by the individual himself.
In short, non-franchise business model is a hit and trial business model whereas franchise model is a business model which is already tried, tested over time and proved successful too.

FOFO model is franchise owned and franchise operated business model. In this, the franchise owner pays the one-time franchise fee and royalties to the Brand to use its name, products, services, trademarks, SOPs etc. The operational powers and the major percentage of profit are owned by the franchise owner. There is minimum interference of the Brand in day-to-day operations.
FOCO model is franchise owned and company operated model. In this business model, the franchise owner invests in the location, opening and setting up of the outlet but the operational powers vest in the hands of company or brand. The company handles the maintenance, branding, staff etc. But the outlet is on the name of the franchise owner.

A franchisor is an established brand owner with a successful business model with a valid licence. The franchisor grants permission or the licence to the franchisee to use their brand’s name, logo, trademarks, business knowledge and model in exchange for the one-time franchise fee and recurring royalties.
The franchisee is the person or the firm who owns and operates the franchise business model according to the requirements of the franchisor’s brand. The franchisee utilizes all the above said services like brand’s name, logo, operational procedures etc. in his own franchise outlet.
But the role and the rights of each party truly depend on the mutual agreement between them.

It is really important to select the right franchise especially if you are a first-time entrepreneur. Even if you are an established business owner, it is crucial to select the right franchise based on your portfolio. Anyone can get confused by the lucrative offers provided by various brands in the market because every brand will say “We are the best”.
In this case, you require the services of experienced franchise strategists who could help you find the right franchise analysing your skills, ambitions, goals, vision, knowledge etc.
For your assistance, you can contact: www.pflcompany.com

Of course, from the day of investing in a business to its opening, there seems to be a huge mountain, of different tasks to be accomplished, standing in front of the entrepreneur. But, if there is a will, there is always a way.
In the case of franchise business, brand is always there to support in the pre-opening, opening processes. This is the advantage of franchise business that a systematic approach, clear vision, proven business model, interior designing, products and services are well-defined and are already profitable.
Also, in today’s scenario, franchisors also take the help of experienced franchise curators like” PFL” to assist the franchisee in all the operational procedures from pre-opening to post-opening. This helps the brand to concentrate on the bigger roles in the market.
The only major decision is to start the business and the most appropriate time to do it is “Today”.

A good location lays the foundation of any business irrespective of the industry you choose to enter in. In fact, any business is as good as its location is.
Therefore, we apply a systematic approach and analysis before saying “Yes” to any location for every industry we have worked for – salons, F&B, education, health & fitness etc.
There are a lot of factors involved in this like: – the market, customer demographics and interests, population, area around the location, etc. But an entrepreneur should not waste time on the things which an expert can handle. So, it is always good to hire services of franchise strategists like ”PFL” for this.

The support with hiring and training of staff is definitely provided by us. You won’t be on your own in this case. We provide assistance and guidance in hiring, training, retaining of employees. Of course, the final decision is of the franchisee only . From our side, we try to save countless hours that otherwise would be wasted in finding the suitable candidates.

To create a financial forecast is the task of an expert which clearly defines a roadmap to the growth in future. We are here to support you in this ,however , no one could predict the exact things to be happened in future but an analyst could predict as close as possible keeping in mind the parameters like your monthly expenses, operational expenses, customer growth month-by-month key cash flow drivers, etc.

A big ‘Yes’ is the answer of this question. The reason is that in franchise industry the first-time entrepreneur is working with an experienced brand of repute, in most of the cases, with the trust and expertise of master franchisor, especially if you hire “Premium Franchise and Locations”. The business model is already tried and tested with all the processes, marketing strategies, customer base, day-to-day operations in place. So, it is new for the entrepreneur but not for the brand and the market .

If you still have a doubt about hiring a franchise strategist, read the following lines-
“If you want to reach early, walk alone; If you want to reach to a far off destination, walk in a group.”
A franchise is also a lifelong investment which needs a sustainable growth and expansion. With “PFL” is the journey with a clear answer to “where to reach, how to reach”. That is the major difference.

The initial investment amount is based on various parameters like- type of industry, the brand, the location , set-up cost, etc. but they are just a few . If you want detailed and accurate initial investment ,you are free to contact an expert @www.pflcompany.com.

Franchising provides brands of repute, larger and successful businesses to grow and expand.
In this way, franchisors provide entrepreneurs ( first-timers or experienced), small business owners with the tools and resources to run own franchise operations with the support and guidance of a larger, successful organization.

Franchisor – A successful brand wants to grow, expand and branch out his business by providing valid licence to the franchisee.
Franchisee – An entrepreneur wants to run hassle free business, with a proven and already established business model, and does so with the licence from the franchisor to use its brand name, logo, SOPs, etc.
Master Franchisor – A firm who handles all the operational processes, marketing & branding, site selection, pre-opening to launch of a franchise unit etc. so that the brand can concentrate on other attributes of growth.
FDD( franchise disclosure document) – A document provided to the franchisee mentioning fees, start-up costs, theme and style of the brand, working style etc

The best opportunities are always found at a place where transparency, trust, customer first strategy, experience and analysis, cordial relationship with brands and the customers both exist together , which is none other than “Premium Franchise and Locations-PFL”. Feel free to contact us at :-
www.pflcompany.com