Dbmci Interview Questions and Answers

Franchise model is a business model where a company allows individuals to own and operate their own branch of the company.

• Franchisee pays an initial fee and ongoing royalties to the franchisor

• Franchisor provides support, training, and a proven business model

• Franchisee operates under the franchisor's brand and must follow their guidelines

• Examples include McDonald's, Subway, and Anytime Fitness

Provide comprehensive training and support to ensure franchise partner's success in the market.

• Offer initial training sessions to educate the franchise partner about the market and industry trends.

• Provide ongoing support and guidance to help the franchise partner navigate the market.

• Offer marketing and advertising support to help the franchise partner establish a strong presence in the market.

• Encourage the franchise pa...read more

To sell a franchise of Rs 40-50 lakh, I would focus on the benefits of the franchise model and the potential for profitability.

• Highlight the unique selling points of the franchise, such as its proven track record and established brand

• Emphasize the potential for profitability and return on investment

• Provide examples of successful franchisees and their experiences

• Offer financing options or assistance to make the investme...read more