Indian sweets and snack company Bikanervala has been in business for more than 60 years. The brand has grown over time to include several regions of India as well as other countries, making it a popular option for anyone looking to open a franchise. Here is a step-by-step tutorial to assist you if you’re wondering how to get a Bikanervala franchise.
Step 1: Conduct research It’s crucial to complete your study before deciding to join the franchise. Visit the business’ website to learn more about its franchise model. Recognize the investment necessary, the location requirements, and the company assistance you may anticipate. In order to determine whether a Bikanervala business is needed in your community, you should conduct market research.
Step 2: Get in touch with the business After doing your research and deciding that you want to buy the franchise, you need get in touch with the franchisor. You can accomplish this by getting in touch with them via phone, email, or by completing the franchise enquiry form on their website. After that, they will contact you to go over the specifics.
The company will send you an application form once you’ve indicated that you’re interested in acquiring the franchise. The form must be completed and submitted with the necessary paperwork. These could consist of your financial statements, identification documentation, and other pertinent records.
Meeting with the company in Step 4
The organization will set up a meeting with you after reviewing your application. The organization will evaluate your suitability as a franchisee and you will have the chance to ask any questions you may have.
The franchisor will send you a franchise agreement if they are pleased with your application and meeting. The terms and circumstances of the franchise, such as the costs, royalties, and other commitments, will be described in this agreement. You can start establishing your Bikanervala outlet as soon as you have signed the contract and paid the expenses.
Getting a franchise can be a terrific method to launch a business, but there are some drawbacks that must be taken into consideration. The lack of control, the high initial investment, and the continuous royalties and fees are the three main drawbacks of franchising. The same taxes that apply to regular firms also apply to franchise businesses.
However, there are a number of choices accessible if you want to launch a business with a small initial expenditure. Cleaning services, lawn care companies, and mobile car wash services are a few ventures you can launch with $20,000. These ventures are ideal for folks on a small budget because they require little capital and can be operated from home.
In conclusion, for those who are prepared to make the necessary time and money, acquiring a Bikanervala franchise can be a fantastic business opportunity. You can become a prosperous franchisee of one of India’s most well-known snack and sweet businesses by adhering to the above-mentioned guidelines.