If you are a business man and are already running a good business offline then iam sure you are looking to expand to newer heights and this is when you would be looking for some opportunities which you can cover and make extra money through them. Guess that a business man is already running a clothes business with a small store in his locality but is having some extra money to reinvest it elsewhere with a idea of investing in a new business sector.
Now a Clothing related businessman cannot directly jump into a new business venture because that would mean that someone is throwing money into a business without any experiance and knowledge in it. Only thing he has got is a positive approach and money to get into this stuff. Hence its like 99% risk approach and most of the times this could mean a complete fail. In order to overcome this you should get into Frachising Business which would mean that you would be opening a store under some other bigger brand and getting a decent margin from this business.
According to IFA approx 4% of all the business in US are franchise. In these business you are going to sell the products or services of a bigger brand which would promote the brand as a whole. In order to make you guys understand this business in a simple language, you can take the example of Mc Donalds which does not operate itself all over the world but there are people who look to invest money and start their stores as a Franchise of the original Mc Donalds company and get commissions or percentages on the total sales.
The scope of this business is increasing and increasing because all the people are looking to invest in these kind of projects where there are less risks, knowledge sharing and automated branding because the main company would promote the brand and which would get the franchise with easy sales. You can check out websites like FranchiseIndia.com for a list of all the opportunities available for business and start your new franchise business.
