All about Fashion Franchising at Fashion Franchise 09!

Everyone of us have a bit of fashion guru in us especially when judging others’ dressing sense. On a serious note, you can nurture the fashion expert in you by taking a step further. The easiest way to get into the world of fashion is to start a fashion franchise. Be it shoes, suits, dresses, or accessories, there are tremendous franchise opportunities in the fashion world. Clothing, footwear and accessories together occupy over 40 per cent share of organised retail in India. In today’s time more than ever the fashion industry is gearing up to focus more sharply on brand penetration across the nation. Both aspiring entrepreneurs and companies into fashion can consider franchising to make the most of the opportunity.

Start a franchise!

Starting a franchise is an easy way of owning a business because you are enveloped by the stability and security of an established brand. You get the exclusive right to trade in the area under the name of the fashion brand you choose. For a pre-determined franchise investment, you get a significant head-start on conventional business start-ups. Training, marketing, and stock are typically provided along with the franchise. However, making an investment in a franchise is a big commitment, you need to be careful! Therefore, Fashion Franchise 09, a part of Franchise India 2009, to be held at Hotel Ashok in New Delhi, on November 26-27, 2009, has organised forums, conferences, exhibitions to let you know, how to venture the world of fashion franchising and opportunities available. If you are contemplating to take the plunge, Franchise India 2009 is for you!

Start franchising!

Though a lot of fashion brands have made the practice common, yet, it remains a mystery to most small fashion-business owners, who want to know the difference between franchising and simply opening additional stores of their fashion brands? Determining if a fashion-business is franchisable is also an issue. Furthermore, there are issues like how to create and sell a franchise, and the cost of franchising.  According to an industry survey, the average start-up franchisor sells 9 franchises in its first year, 11 in second, 13 in third, and 20 per year, thereafter.

The advantage of franchising is that you have owner/managers, in the form of franchisees, who think the way you do at the unit level. Also, franchising makes rapid expansion affordable because it is fueled by the franchisees’ capital— the franchise fees, or royalty fees.

How do you know if you can sell franchises? Well! Fashion Franchise 09 is the destination to be, if you need not just the answer but also wish to meet the prospective franchisees. Do not miss the opportunity to consult the world’s best mastermind in Retail like Raghu B Vishwanath, Vertebrand, Marie Louise Jacobsen, Retail Management Solutions, Singapore, Hsien Naidu, Director (Astreem), Singapore, Brendan Dorrian, CEO, Global Retail Network, UK. Also Learn & network with Best Fashion Brands in India like S. Ravikant, COO, Titan, Eyewear Division, Claus Walther Jensen, MD, Change, Denmark, Charu Sachdev, Director, TSG Clothing, Akhil Chaturvedi, Chairman, Provogue, Jay Gupta, MD, The Loot, Sanjay Kapur, MD, Genesis, DPS Kohli, Managing Director, Koutons, Mehul Choksi, Chairman, Gitanjali Group, Vinay Nadkarni, CEO, Globus, Tarun Joshi, CEO, Brand House Retail.

Fashion Franchise 09

The Fashion Zone, of Retailer 2009, at Franchise India 2009 will provide an apposite platform to exchange your future business plans, branding and growth strategy with your current and prospective dealers and distributors. The Fashion zone will create an ideal environment to plan your innovative promotions and consolidate your brand’s position amongst high-value retailers, important agents, distributors, dealers and prospective franchisees. The platform is an invaluable method to connect prospective franchisees with well established national and international brands.

Related posts:

1. Fashion Licensing: A New Gateway
2. The Mammoth Retail Insight – Retail Knowledge Series 2009
3. Sports Franchising Requires the Sporting Spirit
4. FRANCHISE INDIA 2009 CONFERENCE unleashes franchising, retail and licensing scopes
5. Interview with Yuri Bolotin – Retail Design and It’s Importance

Tags: Brand Extension, fashion franchise, Franchise, Franchise India 2009, Green Retail, How to, International Franchisors, Retail, Retail Franchise, retail services, Wisdom

This entry was posted on Wednesday, November 18th, 2009 at 10:41 am and is filed under Franchise, Retail. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.