Franchise Business Model  
 
 
With a franchise you benefit from the work and experience of others who have already invested their resources in creating a successful business. Statistics shows that 90% start-ups fail within 5years while US department of commerce confirms, and this applies to India as well, that over 90% of franchised business continue to operate even after 5 years.
 
A Franchiser offers a Product or services that has been Successfully development, tested refined and marketed. With franchising you are buying into a business that is already operating.
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After completing MBA from Australia, I moved from our traditional business of jewellery and Real Estate to Education wih NIFA. Within a year we have taken one more center.
 
I was running a commerce institute when opened NIFA franchise. Surprisingly, not only is NIFA a success but their support helped me improve the performance of the commerce institute.
 
If you strictly follow the guidelines of the H.O. and R.O., I am sure any new person can also achieve break even within three months.
 
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