siliconindia | | SEPTEMBER 20244Some people prefer not to build a business based on someone else's idea, they have the option to start their own. For the individualist who had rather create a business than adopt an already ongoing business idea, founding a new company presents both personal and financial rewards, though with huge risks. An entrepreneur is supposed to handle uncertainty. By this, it only means that they must live with persistent questions like, Will my product sell? Will the customers like it? And Will I make enough money to keep me in business? The retail market in India is seeing a remarkable change due to the changed lifestyle and increased buying power of its people. This trend is encouraging entrepreneurs to take the dive into the growing franchising business wherein they can operate established business models with limited marketing efforts. The franchise route for a brand and its products becomes a strategic option when businesses look at reaching expansion-either in terms of market or geography-in a cost-effective manner.The retail market of India is high on the back of an heavy and growing population that fuels ever-growing consumer spending. Such fast growth has made India an important player in the global retail arena. Franchising is a powerful catalyst to this change-promising business models and systems in various formats and products. This sector encompasses online franchises selling everything from apparel to groceries with delivery at one's doorstep to traditional brick-and-mortar stores such as supermarkets and medical shops. The proper retail franchise in India is a wonderful opportunity for entrepreneurs to be ahead, launch fast, and manage businesses efficiently.Do read to know more about them and share your valuable feedback! Publisher Managing EditorSenior CorrespondentAlok ChaturvediMandvi SinghSamatha SPVol 10 · Issue 06 - 09 · SEPTEMBER, 2024Editorial TeamRoshan AktharNalini Brahmanapalli Viswanathan AGM - Media & Graphic Designing VisualizerPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty Designers Mrigank SharmaSurbhi SumanVP- Sales & MarketingRohit KumarAdvertising ManagerKiran Singh advertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.siliconindiaEditorialUnlock Growth with a Franchise That Fits!Mandvi SinghManaging Editoreditor@siliconindia.com
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