SIGNIFICANCE of Training in Franchising
The Franchising World|August 2022
Training is an important aspect in franchising. Let’s discuss how some of the top brands are doing this as a ritual and routine to keep their flock together.
Chackochen Mathai
SIGNIFICANCE of Training in Franchising

Being in the franchising industry for the last three decades and working with major brands in the IT training and Retail sector has been a blessing with lot of learnings in the filed of franchising. As part of my PhD, thesis in franchise management, I had the opportunity to study various foreign and Indian brands and have learned how companies like, McDonalds, KFC, Dominos, Chick-fill-a, 7 leaven, Marriot, Burger King, Subway have been in the fore front of the franchising business and how they have used training as a tool to educate and help the franchisees to do their business in a manner to ensure customer satisfaction and brand penetration in different markets to give the same experience to the customers in each of the franchisee stores.

In India, when the IT boom was there it was NIIT, APTECH, SSI, Radiant, CADD Centre and many other companies that operated in this industry. In the turn of events many of the franchising companies in this sector are not there in the market due to many reasons, IT education has changed, demand vs supply was over loaded and technology changed faster than what the franchisees thought. But they all did the best in training the franchisees as the competition was very high with many brands competing for the same student they wanted to enrol. The best trained franchisee and his team would win the contract.

Companies like CADD Centre, KID Zee, Mahindra First Choice, Raymond and a few more have survived, based on the continued education support given to the franchisees to manage their business.

この記事は The Franchising World の August 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Franchising World の August 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE FRANCHISING WORLDのその他の記事すべて表示
HOW DAVID BEATS OUT GOLIATH
The Franchising World

HOW DAVID BEATS OUT GOLIATH

Can mom-and-pop shops truly compete against big-box behemoths and e-commerce giants? Yes, experts say-but they have to think and act truly local.

time-read
2 分  |
May 2024
A YUMMY BOX OF BIZ OPPORTUNITIES
The Franchising World

A YUMMY BOX OF BIZ OPPORTUNITIES

Noodle Box was born 28 years ago after two young Aussies discovered a cultural melting-pot of flavours in the hawker food markets of SouthEast Asia. It opened its first restaurant in Melbourne. Read how the brand has grown from strength to strength since then as Sean O'Connor, Network Development Manager, gives a sneak peak inside 'Noodle Box' to Parina Sood.

time-read
2 分  |
May 2024
GAME, SET, WIN: WELCOME TO THE BUSINESS OF PICKLEBALL
The Franchising World

GAME, SET, WIN: WELCOME TO THE BUSINESS OF PICKLEBALL

The interesting new sport of Pickleball is gaining popularity in the country. Here's your chance to know how can you win big by associating with the biggest brand in the business, Pickleball Kingdom, as Ace Rodrigues, Founder & CEO, Pickleball Kingdom gets into a candid chat with Parina Sood.

time-read
2 分  |
May 2024
HI-TECH APPROACH TO ETHNIC WEAR BIZ
The Franchising World

HI-TECH APPROACH TO ETHNIC WEAR BIZ

Abhishek Agarwal, a Lucknow-based businessman in the garment industry had been looking to establish a strong foothold in the wedding apparel market. His search finally ended when he signed the dotted line with Manyavar & Mohey. Read on to know why he zeroed down on this particular brand and how has his journey been so far as a multi-unit franchisee, as he gets into a candid chat with Parina Sood.

time-read
1 min  |
May 2024
How CSR can elevate Restaurant Industry further Impacting the society
The Franchising World

How CSR can elevate Restaurant Industry further Impacting the society

The food and beverage (F&B) industry is among the world's fastest-expanding service sectors, boasting an impressive annual growth rate of 7.2 percent. The food service market in India was estimated to be about 70 billion US dollars in 2023. It is estimated to increase to 125 billion U.S dollars in 2029 as reported by Statista. With the aim of maximizing profits, restaurants and F&B brands worldwide are continually striving for financial success. Beyond the pursuit of profitability, these businesses bear a significant responsibility towards societal well-being, known as Corporate Social Responsibility (CSR). CSR emphasizes the importance of businesses contributing to societal benefit through responsible practices and initiatives.

time-read
3 分  |
May 2024
RISING WOMEN POWER IN BOOMING PRE-SCHOOL INDUSTRY
The Franchising World

RISING WOMEN POWER IN BOOMING PRE-SCHOOL INDUSTRY

The hand that rocks the cradle, rules the world! Nonetheless a world that itself is expanding rapidly. Welcome to the flourishing pre-school industry in India and the rising stake of women in its expanding universe.

time-read
4 分  |
May 2024
FRONTRUNNERS IN FRANCHISING
The Franchising World

FRONTRUNNERS IN FRANCHISING

Entering its 25th edition, the prestigious Top 100 franchise list celebrates the most outstanding opportunities in India's franchising landscape. Distinguished by its comprehensive methodology, Franchise 100 stands as the nation's sole franchise listing that assesses businesses across diverse dimensions. These top brands are classified into four categories: Established, Emerging, Debutant, and International.

time-read
5 分  |
May 2024
LIGHTHOUSE LEARNING PLANS AMBITIOUS EXPANSION, MAKING IT TO 3200 IN NEXT THREE YEARS
The Franchising World

LIGHTHOUSE LEARNING PLANS AMBITIOUS EXPANSION, MAKING IT TO 3200 IN NEXT THREE YEARS

Lighthouse Learning Pvt Ltd, formerly EuroKids International Ltd, demonstrates resilience and growth, expanding its network of pre-schools and K-12 schools. In FY2023, it added 450 franchise preschools, bringing the total count to approximately 1,600 Eurokids franchisees and 35 Kangaroo Kids franchisees pan India. Prajodh Rajan, Co-founder & Group CEO, Lighthouse Learning Pvt Ltd discusses the brand's strategies and expansion plans with Beny Sachdeva

time-read
2 分  |
May 2024
BABYSTEPS TO SUCCESS
The Franchising World

BABYSTEPS TO SUCCESS

Minimee extends beyond being a mere retailer to becoming an omnichannel brand, engaging customers across various touchpoints. Aiming to expand their presence nationwide, catering not only to new and expectant mothers but also to children up to 10 years old. The brand further plans to diversify into soft play, stationary, and educational ventures, adapting to evolving business dynamics. In a candid conversation Pratima, Founder, Minimee talks about brand's USP & expansion plans.

time-read
2 分  |
May 2024
$401 million investment surge in the hospitality sector during FY23 : JLL
The Franchising World

$401 million investment surge in the hospitality sector during FY23 : JLL

There is an increasing interest in hotel development activity in Tier-2 cities, with 54% of the total signings taking place in these locations.

time-read
2 分  |
May 2024