views
How to Get a Haldiram Franchise: Your Personal Guide
Apart from its wide history in the making of Indian snacks and sweets, Haldiram’s is perhaps one of the most trusted and quality-assured brands today.
Be it the famous sweets like Rasgulla or the crunchy Bhujia the brand has won innumerable hearts across the globe.
Thinking of being part of the much-loved brand yourself? There is always room for opening a Haldiram franchise opportunity for every business in each city.
This article aims to inform about the procedure to acquire a Haldiram Franchise and how to achieve that.
Step 1: Understanding the Franchise Business Model
Haldirams presents diversified franchises, and they comprise:
- Retail Franchise: Opening a retail outlet with an option to sell Haldiram’s products.
- Food Court Franchise: A slightly smaller space such as a booth or food court within the premises especially in malls or any other busy traffic centers.
- Catering Franchise: Mainly concentrates on food delivery ‘In’ services for many simultaneous breakfasts or large gatherings.
Step 2: Suitability Check
Not everyone is qualified to operate a Haldiram’s outlet. The company usually seeks persons who:
- Have previously run a business, or held a franchise.
- Can lead employees and deliver courteous service to customers.
- Can afford the investment cost, running costs and remaining payment for open a franchise.
Step 3: Make The Necessary Investments
The Haldiram Franchise investment (almost the same as a start-up) will differ on the type of model you choose.
Below is a rough overview of the typical expenses involved:
- Franchise Fees: A one-time charge that is paid to Haldiram in consideration for granting rights to operate a franchised business.
- Setup Costs: The costs that are incurred in the construction of the store, provision of necessary equipment and furnishing the outlet. This will vary with the location and size of the outlet.
- Ongoing Royalties: Sales revenue for the month usually comes with a certain percentage that is paid to the parent company as royalties. This is very important when factoring your profit margins.
- Marketing and Advertising: Haldiram’s may obligate you to a minimum level of expenditure in the course of advertising campaigns to maintain the brand.
As far as these costs are concerned, make sure that you have a proper financial strategy, considering any loans or any other sources of funding that you may require, in place.
Step 4: Submit the
When you have completed your homework and prepared the financial strategy, the next thing that you will do is submit the franchise application.
Application forms are usually available on the website of Haldiram or by calling the franchise development office.
Aside from that, the application shall request several details about you such as your name and contact information, previous work experience and how much are you able to invest.
Step 5: Visit the Franchise Discourse
Upon submitting the application, one might be called for a discussion or an interview with the team in charge of Haldiram's franchise development.
In this meeting, you will have the opportunity to talk about your expectations from the business, the site where you are considering opening the franchise, and the strategy you will use to run the shop.
The team will also give you a franchising agreement, its prerequisites, and restrictions.
Step 6: Execute the Franchise Contract
- The structure of franchise investment and royalties.
- Timeframe of the contract.
- Assistance and orientation are offered by Haldiram's.
- Operational parameters and quality assurance.
Do not hesitate to go through the contract carefully, and if it is needed, let a lawyer be the one to sign it on your behalf.
Step 7: Getting Your Franchise Ready for Operations
Upon signing the contract, it is now the time to organize your Haldiram’s franchise outlet. The corporation will help you with the following aspects:
- Choice of the franchisee’s location: They would help you find a site that provides good sight and traffic as well.
- Design and layout of the shop: There will be an outline from Haldiram’s and guidance will be provided on the fittings and furnishings of the store.
- Human Resource Development: Haldiram will impart training to you and your staff on every aspect of the brand operation, including product cooking and customer service to maintain the brand quality and operational standards.
Step 8: Time to Introduce Your Franchise
It’s time for you to begin operating your Haldiram franchise after the premises have been prepared and your personnel have been trained.
It is beneficial as customers can be drawn to buy when a franchise opens.
The brand shall at most times assist you in this.
Dangle some carrots to the public in the form of advertisements to encourage them to attend your opening and make the place packed.
Also Read: Mio Amore Franchise: Cost, Investments & Franchise Benefits and Profit Margin
Comments
0 comment