Franchising - the surer way to success
As a business model, franchising commands more than 60% of retail sales in the US. Worldwide, total franchise sales have crossed the US $ 1 trillion mark. Hardly surprising, since one can't avoid spotting a McDonald's, a Pizza Hut, a Kodak Express or a Reebok outlet almost anywhere in the world.
The list of successfully franchised brand names is long and well-known. The trend, as expected, has caught on in India as well. Archies, Lakme Lever, Ceat, Monte Carlo, Mahindra and Titan are some of the more successful homegrown brands, which have been using franchising as their road to success. And there are many more. In fact, franchising enjoys an 85% success rate in India.
The benefits of working under the umbrella of a large organisation cannot be over-emphasised. You enjoy the best of both worlds. On one hand, as owner of an independent business, you leverage your entrepreneurial capabilities. On the other hand, a nationally recognised brand like Nucora minimises your risks. All the knowledge and expertise required to successfully run the business is ensured from our end. You will have access to our years of healthcare domain knowledge and expertise. Being part of a large network of Nucora Clinics spread across the Asian sub-continent, you will be able to offer world-class services without spending a fortune.