Monday, 16 April 2018

Best franchise in india Box-o-Burger

Best franchise in India Box-o-Burger

Consumption of fast food is increasing day-by-day and existing companies need to be prepared for unexpected challenges. The growth of digital technologies has opened new doors for the business, many small, medium and start-up firms are utilizing digital channels to promote products or services in the competitive marketplace. In today’s business environment, an ingredient of success is consistent innovation and production of unique products. The fast-food franchise sector in India is burgeoning because local vendors are also producing a different version of ready-to-eat cuisines to make the customer happy. This is to say that fast food industry is not limited to global brands; Indian marketplace is home to plenty of brands that offer amazing cuisines in an organized format. and the Best franchise in India Box-o-Burger providing a successful business opportunity at low cost.  



Best franchise in India



Franchise Opportunities:

Fast food business has undergone several changes in terms of revenue generation and productivity. Fast food companies have influenced the life of Indian consumers; moreover, they consistently experimented with a menu to produce snacks that give amazing taste to the tongue. At present fast food franchise sector is an area of investment, the sector stood around the US $ 40 to 50 billion (approx.) and is estimated that growth rate will get double in foreseeable future. The Indian government is making efforts to encourage foreign direct investment and leverage international brands to develop franchise network. According to recent data, the fast food industry contributes to GDP (gross domestic product); provide employment to millions of people. Additionally, QSRs have become most convenient destinations to dine, and general public shows great interest in ready-to-eat meals. 
Over last one decade, India has become home to world’s popular fast food chains such as Subway, McDonald, Pizza Hut, Burger King, etc. This tremendous expansion of US-based brands influence Indian lifestyle and outpaced traditional restaurants as well. With numerous fast food franchise brands are entering in major cities, Indian marketplace is mushrooming a lot and become the most favourite place to invest in.


Low-cost franchises: 


Fast food franchises are gaining popularity because so many people show interest in ready-to-eat meals and like to visit QSRs to get socialized. In a survey, it is found that around 40 to 50 % world population thinks that fast food is a vital part of the routine lifestyle. Now the question is that how you can generate maximum profit out of your fast food business? In fast food franchise business you can’t afford to make mistakes as the profit margin is not so high, moreover, there is a number of brands that give you tough competition. The investment of popular brands will be high; though there are low start-up concepts as well hence it’s your choice and interest level that you should keep in mind while searching for a fast food brand. The restaurant industry is booming, you can develop different ways to increase sales and productivity such as:
1.Loyalty programs: In order to increase revenue you must focus on loyalty programs. Companies designed various program to reward existing customers, for example you can give them discounts, points that can be converted into cash. Many customers join royalty programs to receive freebies and offers and also recommend new customers as well. 
2.Charity events: As a responsible fast food franchise brand you can organize charity events to bring new customers, for example, one of ice-cream restaurant chains encourage franchises to engage with customers through public events such as free ice-cream day. In this competitive business environment, you have to come up with something unique that create excitement among people. 
3.On-table ordering system: Due to busy lifestyle customers don’t prefer to stand in queue for ordering their favourite meals. If possible install software or table-top POS system to deliver quick services. You need to promote your services or products because people want effective concepts. 
4.Weekend special: You will need to figure best dishes which mostly consumed by people in your store. During the weekend, give away some free coupons, gift cards or discounts. 
5.Evaluation of target market: Choices and preferences of customers are changing consistently hence it is necessary to take feedbacks on regular basis.




No comments:

Post a Comment

Fast food franchise: Investment progress in India

The fast food franchise market is likely to expand significantly and there will be ample opportunities in the coming year. Globally,the...