Franchise India & LMA bring forth Growth Seminar 2014

Ludhiana, May 27, 2014: Franchise India and Ludhiana Management Association together organised the “Growth Seminar 2014” with the theme ‘Grow your business through Franchising’ in Ludhiana on Tuesday.

Some of the vital topics which were discussed apart from business growth were trends and business model formats in franchising globally, strategic marketing & communication, market landscape of franchising in India, market leadership & raising capital, feasibility assessment & business partner acquisition, business model formulation and market opportunity assessment.

Gaurav Marya , Chairman,  Franchise India discussed about trends and business model formats of franchising, lucrative sectors to look into, market opportunity assessment for upcoming franchisors, raising capital, feasibility assessment & due diligence process for business partner acquisition.

The Ludhiana Management Association also gave some deep insights about the same and shared unique and innovative ideas about growth of businesses with ethical means. Many other personalities also spoke about the same and explained that how growth in business can be effectively consistent along with good growth. The event focussed on why franchising is the best route to replicate success and how to evaluate the economics of a franchisee and hence mitigate risks.

Franchising provides an ambitious business aspirant with the benefit of the skills, knowledge and best practices in management, from people who have run a successful business over many years. At the same time franchising offers successful business enterprises with a fast-track route to growth that bypasses the obstacles of finance and human resources.