25 July 2017

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Franchising the Opportunities

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Gaurav BhraraGaurav Bhrara, Promoter and CEO of Greatindiafranchise.com started this fresh idea with a vision to provide an efficient online franchise opportunities and entrepreneurial development in India and abroad. Greatindiafranchise.com is a B2B portal with almost 250 brands associated for expansion of business in India.

As person with insightful and inquisitive character, Gaurav Bhrara showed the entrepreneurial interest from very young age.  After finishing his schooling from Modern School, New Delhi, Gaurav went on to pursue Graduation Degree in Commerce from Delhi University.

He started working with his father’s business in manufacturing of pressure cooker and other cookware products. During this phase he came across various prospects of business houses in India at large. Moreover he also came in touch with an international business consulting group who was looking for a business partner in India. All this gave him an insight of business consulting in India, particularly in retail sector .With all the major business houses of the globe targeting one of the largest economies in the world; it is bound to happen, that the retail will boom.

 

The Indian retail market, one of India's fastest growing industries has experiencing a steady growth. Studies conducted show an average increase of about 7% in terms of growth. Modern retail accounts for about 4 per cent of the total retail market in India. This share is expected to increase to about 15 -20 per cent with the entry of a number of corporate into the segment. Retail industry has seen an ever rising growth. Indian economy is booming and there is a huge potential in food, education and financial sector.

With this in-depth knowledge of Opportunities and Challenges of Indian Retail, he found that many young entrepreneurs who wanted to set up their own business but were unable to do so due to the lack of knowledge. Thus the idea clicked in his mind of starting a portal where an entrepreneur can get all the solutions related to franchisee query. If needed it can act as facilitator between the entrepreneur and the parent company to increase the franchisee setting up process.

While talking about his foray into this business, Bharara stated, “During my studies I found many young entrepreneurs who wanted to set up their own business but were unable to do so due to the lack of knowledge. Thus the idea clicked me of starting a portal where an entrepreneur can get all the solutions related to franchisee query. If needed we act as facilitator between the entrepreneur and the parent company to increase the franchisee setting up process.”

He started Greatindiafranchise.com in 2008 with an expertise advisory service of Knowledge, Opportunity and Network of Retail Industry in India. From there he started providing expert advice on everything from selecting the right franchise, starting your business, helping you with your business plan, share marketing best practices, assisting you in better understanding the franchise agreement and answer any questions you may have throughout the entire franchise selection process.

Last Updated ( Wednesday, 21 September 2011 15:18 )  

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