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Rohit Kumar

Real Estate Experts,... • 1m

Today, franchising has become a business strategy.But in most of the cases, the businessman who takes the franchise feels cheated even after investing a good amount of money. Companies make big claims but after taking a good amount of money in the name of franchise fees, they forget their promises. And then neither proper support is received nor the companies live up to their claims, Hence those who take the franchise fail. WHAT is the reason why most of the franchises of companies fail in India?

No support from companies

Ignored by companies

Lack of proper services

Greed of companies

Votes: 6

1 replies2 likes

Replies (1)

Rajeev Rewaria

Hey I am on Medial • 1m

the answer is not listed in the option which could be the commercial viability of the franchisor on transaction lands up cut down on support and eventually the franchise business doesn't grow the way it was committed.

0 replies1 like

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Why do most of the business fail,

Poor customer acquistion

Poor customer retention

Votes: 43

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