Franchise More

SPARKET offers a major advantage to the Franchisee in the form of a basket of corporate gift choices. It helps the Franchisee increase the total number of companies that they can contact apart from our existing relationships with over 200 large corporates. This has two major advantages for the Franchisee.
Increase the turnover/profit of the Franchisee as new prospective buyers start gifting locally.
Tremendous word-of-mouth publicity because of a larger number of companies spread over city / town.
Increase in business for the Franchisee as the local budget can be used more judiciously by the companies.

A basket of gift choices on our websites with your contact details so that you are assured of enough enquiries.
Complete room and field training with necessary visit to customers as required from time to time.
The right to use the well-known SPARKET brand name and physical samples to book orders.
Assistance in establishing the franchise with building the team and customers.
Complete exposure to our training methodology including generation of business and profits.
Assistance in selecting and training your team -- this training is provided through a combination of personal training(at Bangalore/Kolkata and at your own location), brochures/catalogues (printed and through email).
Guidance in marketing and promoting the business - based on our experience of almost 22 years in the field
Last but not the least -- our TOTAL commitment to you and your team and our valued customers

You get a number of advantages when you purchase a franchise:
Reduced risk - Franchises traditionally have a much lower failure rate than other start-up businesses. The reason? You're buying a business concept where most of the kinks have already been worked out by someone else.
You get a complete package - The guesswork usually associated with starting a business is taken care of. You total package can include trademarks, easy access to an established product; a proven marketing method; equipment; inventory; etc.
Strength in numbers - When you're become a franchisee, you have the buying power of the entire network, which can help you get product and compete with larger national chains.
Business processes - Franchisors provide their franchisees with various proven systems including financial and accounting systems; ongoing training and support; research and development; sales and marketing assistance; planning and forecasting; inventory management; etc. They'll show you the techniques that have made the business successful and help you utilize them in developing your own business.
Advertising and promotion - Not only will you benefit from any national or regional ad and promotional campaigns from the franchisor, but they will also help out in other areas - from providing camera-ready copy for your own advertising efforts to developing in-store point-of-sale materials designed to drive customers through your business. It would cost you a great deal to develop these materials on your own.

Here are some of the things you should look at when evaluating a franchise:
Profitability - Make sure that both the franchisor and individual franchisees are healthy.
A track record of success - Is this concept viable? Has it succeeded elsewhere? Does the franchisor have a good credit rating?
A strong USP - You'll want a business that stands apart from the competition, since you don't want to be perceived as selling the same old thing.
Effective financial management and other controls - A strong monitoring system will help you identify your problems and deal with them more effectively.
A good image - It's important that the public has a positive image of the franchisor, since you're basing your business on its reputation. Also, look for a concept that can expand nationally so your business can grow locally.
Integrity and commitment - You actually want the franchisor to spend a lot of time checking you out, because you want to make sure it has strong requirements for all its franchisees, since your success in intertwined with its.
A successful industry - Look for opportunities in industries that are growing.

The first is the initial upfront fee, which is what you pay the franchisor for the rights open your franchise. Essentially, you are purchasing the rights to use the franchisor's trademarks, business methods, and distribution rights. This licensing charge can be significant, especially for a well-known, established franchise -- it's not unusual for it to be in the few hundred of thousands of rupees. Often, it is also based on the value of the territory or trading area, so the larger your market, the more you could end up paying.

Be aware that this upfront fee may be in addition to any other start-up costs you will have to incur. The initial franchise fee may or may not include things like training costs; start-up promotional fees; inventory; build-outs (some franchisors require your space to have specific architectural elements); equipment/fixtures (you may be required to purchase or lease specific equipment and fixtures from the franchisor); and any other costs that are necessary to open your business.

You will also have to pay ongoing fees to maintain the rights to your franchise. Most franchisors charge a royalty fee, typically a percent of your gross sales, not your profits. This royalty fee can range from 1 percent to as much as 15 percent, although 5 percent is typical. Remember, you are paying this royalty on gross sales (your total receipts, less sales tax, returns and refunds), so it can potentially take a significant bite out of your profits.

Some franchisors charge a regular fee (payable weekly, monthly or quarterly) in lieu of royalty payments. This type of fee may also be part of the mark-up you are charged for goods or services you are required to purchase.

It is also common for franchises to pay a portion of the franchisor's local, regional and national advertising and promotional costs. These fees are usually put into a cooperative advertising fund that ultimately benefits all franchises through increased exposure to your trade name.