Franchise business


Hi Law gurus,

I am a consultant in Hyderabad. I have 9 yrs of experience in which 4 yrs as a consultant. Now I am planning to start my own business in Consultancy field. So, for this reason I searched franchisors who are in to consultancy field. I found one who is doing good in consultancy field. He is charging franchise fee as Rs. 10,00,000 N.F & a 15% royalty on sales.

Now requesting the Law gurus to help me how exactly I need to begin & what do I need. How can I apply for bank loan. In some articles it is written to have a Business Plan, if any guru has one for franchising business, request you to share.

Regards,

Akhil

 
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ADVOCATE AND CORPORAE ADVISOR

dear sir

 

I can guide you the legal aspects of franchise business. 

 

dr vedula gopinath   vgnath@gmail.com     

 
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Being a consultant you should know the franchisee agreement and other details better than others.  If you cannot or donot know how to begin then your tall claims that you are a consultant for 9 years makes no sense.  However,you may consult a local consultant on this subject and take his advise on furthering your desire.

 
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