India holds a special charm for foreigners because of its rich traditional heritage. I had a chance to live in Nepal for one year; hence I had a bit of knowledge about South Asia. I left my job and came to India and made a decision only in 2009 end but could come here only in August, next year. I am the project coordinator and work with Conserve India as a partner for this initiative.

As a budding entrepreneur foraying into retail, you would have weighed some options like personality, motivation, money and experience. After this, the question that comes to mind is how to get into retailing? The elements that matter the most in retailing is the brand value, the customer satisfaction and loyalty. In this era of cut-throat competition, it is very difficult to establish a new brand in the market.

The global explosion of franchising in the last 50 or so years has been one of the most positive developments for entrepreneurship in recent times. Made popular by the likes of McDonald’s and Burger King, franchising in 2010 include almost any kind of business imaginable. That entrepreneurial desire to work independently, but with the helping hand of a corporate structure has spurred the rapid growth of franchising.