New Delhi, India (PressExposure) January 02, 2010 -- In 1976, Donald Boroian found Francorp Inc, the world's largest and oldest franchise consulting company. Francorp, USA has been the leader in the franchise consulting industry for more than 30 years. It has helped over 2000 businesses across the globe to create success stories and carve a niche. With its global reach, Francorp enables seamless integration of the business model with a country's unique ecosystem and legal functions. Chicago-based Francorp Inc. joined hands with Franchise India, Asia's largest integrated franchise and retail Solution Company, early last year to start its Indian Chapter under the banner of Francorp India.
Providing strategic planning, legal, operations and marketing consultancy, Francorp is the first and only firm to offer comprehensive franchise consulting and development services under one roof. Based in New Delhi, Francorp India has its branch office in Bangalore and is in a process of setting up offices in Chennai, Kolkata and Mumbai for geographical penetration. Besides assisting domestic brands to expand nationally, Francorp also facilitates to expand their franchise network in international markets as well.
India is amongst the largest consumer markets in the world and is currently experiencing a consumption boom. With disposable incomes rising in India, majority of the global and domestic brands see an immense potential to expand in the Indian market. These encouraging trends highlight the fact that companies have tremendous scope to grow by opting a strategized mode of expansion!
Today, investors looking for low-risk, high-returns avenues are opting for retail and franchising sectors to gain secured profits! The staggering growth rates witnessed in these sectors makes franchising as the safest and practical investment option in the recessionary times. Since its inception, Francorp India has consulted upto 100 brands to develop the franchise programs and have further strategized their business plans for nationwide expansion. Led by a team of consulting experts, who create customized solutions for each business in diversed industries, Francorp India offers an unmatched structured expertise in the franchise consulting domain. Francorp has strategized expansion plans nationally for clients like 3M, Interbrands, Lal Path Labs, NIPS, Kamyo, Pidilite, Kitsch, Bizaare, Indage Group, Fine Jewellery, Reebok, Latin Quarters, Sohum Spa, Carz Spa, Welhome, Gelato Vinto, Khyber, Normak Fashions, Bansal Tutorials, Daily Bread, Jumboking, Print Studio, Nnoni, Bon South, Dhananjai Apparels, Jamboree to name a few.
Commenting on Francorp's growth, Mr. Gaurav Marya, President, Francorp said "The franchise industry has witnessed a high growth rate in the Indian sub-continent since its beginning in the early 90s and there is still an enormous scope for growth with the industry estimate of US$ 7 Billion. Moreover, India has the highest retail density in the world to approx 12 million positioning a great potential! If compared, 85% of the franchised businesses are successful and 90% of the self start-up ventures are failures, evidently positioning franchising as a safe mode of investment. In India, Francorp is an undisputed market leader in franchise consulting space due to its unmatched expertise and unique business approach. We have already consulted upto 100 clients in India in a short span of 1 year of operations and have numerous names in the pipeline. We plan to revolutionize the industry, by depicting the inherent potential of the franchise model of business expansion to propel the industry growth to the next level."
About Francorp For over 30 years, Francorp has been the leader in the franchise consulting industry. Globally Francorp has assisted more than 10,000 companies for expansion, and has developed more than 2,000 franchise programmes throughout the US, Japan, South Africa, Middle East, Central America, Malaysia, Philippines, Argentina, Chile and Mexico. Its notable clients include companies like Bridgestone, XEROX, Shell Oil, Hallmark Cards, Encyclopedia Britanica, Mad Science Group, Pollo Camperio, Ace Hardware, BP, Fruehauf, and Gant, to name a few.
About Franchise India Franchise India Holding Ltd. is Asia's largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The firm has already consulted numerous brands in past few years like Videocon, HP, Reebok, Store 99, Pidilite, Hauck, Xenos, HCL, MGF, Kwality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, D'damas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and many more through its media initiatives, advisory services and exhibitions. With its strategically formed divisions, FIHL has created its own niche as the pioneers of franchise industry and a small business authority.