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aA franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name, a business system, and a franchisee, which pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. In fact, the agreement restricting the two gatherings is the " establishment," however, that term all the more generally alludes to the real business that the franchisee works. The act of making and conveying the brand and establishment framework is frequently alluded to as franchising.
More people are choosing franchising as a way to own a business. In fact, franchising is the leading growing method for conducting business. The U.S. Department of Commerce reports that franchise sales accounted for almost one trillion dollars in 2010.
Power of Franchisee Today over 41% of all retail businesses in the world are franchised operations and it is anticipated to be 50% within the next decade. Power of Franchisee Approximately 950, 000 franchised locations exist, employing over 11,000,000 people.
Why do people choose to franchise? Because it offers proven methods of operation that permit the franchisee to capitalize on the experience and expertise of an established organization. That can ensure your peace of mind when starting and operating your own business.
With this privatization of education, the idea of a franchise business made it big, particularly in the education segment. Various big names felt the need to reach out to a larger pool of society & thus the idea of franchise flourished. Believability and quality are key variables in the field of education, and running an establishment positively appeared to be a superior choice than starting without any
It is the fact that education is the highest growing sector in India and investing in an educational business they offer multiple benefits in addition to being more reasonably priced over more costly options.
Brainwonders franchise services are quality and result-oriented. Brainwonders is the largest DMIT and career counselling company with the US patented rights to conduct DMIT in India.
Now you have the opportunity to become part of our franchise development - and own your own Brainwonders franchise.
What goes into Brainwonders franchise?
Your initiative. Your resources. Your hard work. Your commitment. Your entrepreneurial spirit. Your desire to have control over your future. Your need for independence. Your love of children. Combine these qualities with our knowledge, expertise, services, and techniques and our unique franchise opportunity, and together we can enjoy a mutually rewarding business relationship.
More people are choosing franchising as the way to own a business. In fact, franchising is the leading growing method for conducting business. The U.S. Department of Commerce reports that franchise sales accounted for almost one trillion dollars in 2010. Power of Franchisee Today over 41% of all retail businesses in the world are franchised operations and it is anticipated to be 50% within the next decade.Power of Franchisee Approximately 950, 000 franchised locations exist, employing over 11,000,000 people.
Why do people choose franchising? Because it offers proven methods of operation that permit the franchisee to capitalize on the experience and expertise of an established organization. That can ensure your peace of mind when starting and operating your own business. Various studies report that approximately 80% of all small businesses fail within five years and 47% of the businesses fail within the first year. Yet, over 90% of all franchises succeed! Based on these statistics, the U.S. Department of Commerce has concluded that franchising "vastly increases the likelihood of success on the part of the small business person - it offers both a degree of flexibility and security not possible under other marketing systems."
Because franchising offers a formula for operating a proven business, it is rapidly growing. Sales through franchised outlets continue to increase. Now you have the opportunity to become part of our franchise development - and own your own Brainwonders franchise. What goes into Brainwonders franchise? Your initiative. Your resources. Your hard work. Your commitment. Your entrepreneurial spirit. Your desire to have control over your future. Your need for independence. Your love of children. Combine these qualities with our knowledge, expertise, services and techniques and our unique franchise opportunity and together we can enjoy a mutually rewarding business relationship.
Do I need any previous experience?
Since this is an educational business, we require that all franchisees have, at a minimum, a Bachelor's Degree from an accredited institution. In addition, Brainwonders wants their franchisees to be energetic, financially able team players who really desire their own business and are willing to put in the hard work to make it successful. You bring your desire and we will teach you the business. You do not need to know the abacus before you contact us.
What are the typical unit hours?
The general hours of operation are after school hours and weekends. Other operation hours may include meeting with parents, special private tutoring, and administration
Do I receive training from Brainwonders? How can I obtain an Brainwonders franchise?
All the aspects with regards to the operation, sales, marketing, of the franchise are taught during the training period. The support given is quite clear and precise that by the end of the training you are very much ready for a franchise of your own (We have trained all our dmit franchisees in different cities like Bangalore,Delhi etc).
Am I given any territorial protection?
Yes. We will mutually establish a marketing territory that is appropriate for the market condition and location selected within which you will have exclusive rights.
Do I receive assistance in opening my franchise business?
Yes,we provide onsite assistance the way we recently did for our dmit centre in bangalore. In addition to your initial training period, an Operations Specialist will work with you prior to and during your first week of operation. We will identify potential target group in your vicinity and make a detailed project report of the marketing plan
What form of continuing operational guidance will i receive?
First of all, you will receive an Brainwonders Operations Manual covering the many important facets of your business. As this manual is updated, revisions will be made available to you. Periodically, you will receive company bulletins and memos containing useful management information and important happenings. A continuous advisory service will be available on all promotional, operational and business problems, as well as field and technical assistance.We are constantly in touch with our dmit centres in Bangalore,Delhi etc.
How do I learn more about the franchise opportunity?
Let us help you decide
Once the Online form is filled and sent by you, the pace is set for interaction between us. So, the quickest way to get in touch with us is to first send us the online form filled at the earliest so that any additional information from our side can be sent to you. Same day, you will get a call from us to discuss about the franchise business in detail. So any questions from your side can be cleared at that time. We know the importance of setting up a franchise, so we will support you in every way to make your process stress-free as possible.
How soon can I be in operation once I have been accepted as a franchisee?
On average, a franchisee can expect to open a unit within 15 days after signing franchise agreements.(In our recent endeavor , we set up the Bangalore dmit centre within 3 days)
Can I own more than one unit?
The mark of an excellent franchise is the rate at which franchisees own more than one location. Brainwonders has a multiple center program(for eg:places like bangalore can have multiple dmit centres) that encourages successful franchisees to purchase additional units by reducing the franchise fee for each successive unit.
How much can I expect to earn?
Your profit and loss will depend on a number of factors, such as population, your geographical location, the amount of time you spend on the job, how good a business person you are, and marketing conditions. We help maximize your profit by giving you the benefit of a well-organized system and concept.
I would like to study your franchise agreement. Will you send me one?
Our Franchise Agreement was developed by attorneys and specialists in franchising and is a valued document which we do not indiscriminately distribute. However, once you have had a personal meeting with our President, we will be happy to provide you with a copy of the Franchise Agreement and our Disclosure Statement.
I'm ready to go! what do I do?
First, fill out the Get acquainted Form and submit it to us.
We have attempted to answer the most commonly asked questions about Brainwonders. However, we're sure you must have a few more we haven't covered, so please contact us and ask any question(s) you may have. Thank you for your interest!