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What are the Precautions that are needed to be taken before Franchising in India?

Before Franchising in India, it is advisable for the businesses to do some preparation. Some of the precautions are:

A thorough market research on the goods and service that are to be franchised is necessary.

There are several Franchising models that Franchises can adopt, therefore choosing the right and most suitable entry strategy is important.

A detailed study should be done on the Franchise/License fees that has to be paid. Sometime the Reserve Bank of India can regulate the fees on a case to case basis

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