Saturday, 19 August 2017

Why fast food franchise sector is enlarging day-by-day



Indian food franchise sector is mushrooming; in the mean time fast food franchise remains top sub-category that generate enormous revenues.   Rather than building from zero level, it is better to take advantage of established franchises to start new business. In India, people are always exciting to explore new projects that can be implemented easily and also beneficial for future. Nevertheless food industry is among business sectors where trillions of investment already done till date. Every year dozens of new fast-locations established, existing players are forced to excel every minute to stay in tune with current consumer choice or preference. You may never know what will happen in coming future i.e. what way environment shifts and how consumer will behave. Thus to remain at top position it is necessary to couple with ongoing technological advancements. Some of the food franchises opened 24-hour non-stop serves consumers; apart from this all provide foods at customer doorstep.
India is considered as most preferred market to step up food franchise brand. There are so many factors including:
Young generation -     youth of country have developed habit of eating foods at outside home destinations. New start-up companies bring innovative flavors to mesmerize youth. For example, Chatar patar – the panipuri brand enter into organized food service sector with aim for offering quick services as well as matchless varieties to customers.
Low cost manpower – Salaries of employees is always a main issue for Start-up Company but in India people are ready to work at low wages. Companies take advantage of it, use saved money in developing other action plans.
Ingredients or spices – India is land of diverse herbs which are used to prepare delicious foods. Some companies use natural ingredients, try to mingle it with their own recipes and then developed new dishes.  
Rules and regulation – there is no specific laws for franchising in India. With the help of contractual agreement you can easily start own franchise.

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