Best Tea Franchise India in 2021

                                  Tea Franchise in India

Tea is the most loved beverage of Indians that has made it one of the largest business and profit-generating "Sparkleminds " businesses in India. 

India secures the second position in the production of tea following China. India is one of the largest producers of tea. Of the total production, India accounts for 3/4th domestic consumption of tea.

Tea Franchise In India:

As per accounts, in 2016, India produced 1,267.36 million kg of tea. India also exports tea to a large part of the world. In 2017, the total tea exports increased by 6.3%. Major countries that imported tea from India in 2017 were Russia, United States, United Kingdom, Egypt, Iran, Saudi Arabia among others. 

The growing demand for tea due to its aroma and high quality is the major driving force of the Indian tea industry. Goldstein Market Intelligence analyst forecast that the Indian tea industry outlook is set to advance at a CAGR of 5.8% over the next 10 years.

How to franchise your tea business:

• Analyze your business model - Before you franchise your business, you must get an overview of your business model. A franchise business model requires some specified set of operational rules. To customize your business model, into one conducive for franchising, you can consult a franchising expert who can help you in making necessary changes.

• Create a Strong Business Plan - After your business model is perfectly fit for franchising, you will have to work out the finances. You will be required to get your business loans in order and break down how much you will need to spend on various documents, training programs, advertising, etc. You must perform market research and analysis to identify what are the areas where your franchisees might require help. Implement a strategy of how you expect to grow your franchises in the following months and the expected revenue. You must also come up with a managing style and all other details for how you expect to operate the business.

• Hire a consultant and an attorney. Obtaining expert advice is essential during the franchising process. You will need to get prepared with all the necessary documentation. It has a very distinguished format you need to follow, and it is best advised to have a lawyer and a professional expert walk you through this process. You will need to set pricing, create a franchise agreement and determine intellectual property protection. 

•  Decide on working of your Franchise model - It is important to take necessary strategic and operational decisions regarding the working of various franchisees. The working document should contain detailed information on the following:

1. The franchise fee and royalty percentage to be charged from each franchisee

2. The term of the franchise agreement

3. The size of territory you will award each franchisee or the required area to take up your brand's franchise.

4. The kind of training program you will offer and areas of specialization to be covered.

5. Whether franchisees must buy products or equipment from your company or the manufacturer specified by you.

6. The business experience and net worth the franchisees need

7. Methods you will use to market the franchises.

8. Whether you want an owner-operator for each unit or area/master franchisees who will develop multiple units.

• Sell Franchises -  Once you have established yourself as a franchisor with a defined business plan and working method, one of your most important activities will be to find franchisees that suit your idea of business. It is important to decide upon a franchisee who has similar business goals and aspirations. 

• Franchise Support and Assistance - A franchisee needs support and assistance in the initial days of working for the franchise. A staff training program needs to be organized for training the employees of the franchise to make sure they work on the principles of the company and maintain working uniformity.

Best Tea Franchise in India

• Chai Garam is an amazing platform for franchise opportunity seekers. They invite aspiring entrepreneurs to partner with enterprising, motivated individuals and provide them with an opportunity to become entrepreneurs and grow with us. India has The Tea Cafe which is around an 1800 Crore industry. 

• Patil Amruttulya is a very famous Tea cafe started initially in Nanded, Railway Station Rd, Shivaji Potala. They offer the taste of the finest choice of Indian tea from Darjeeling, Assam, Nilgiri, Kangra, Sikkim, and Munnar. This cafe offers both Tea and coffee at a minimal cost of Rs.10 and Rs.15 respectively. It is one of the best Indian tea cafes emerging at a rapid speed. 

• Vidarbha Konkan Food has been serving tea to tea lovers for the last 21+ years in Pune, Maharashtra. They have several brands which also deal in various types of Indian traditional foods. Masti Chai is one of their brands that sells specially crafted tea so that the customer gets an extraordinary taste. They offer the Masti Chai franchise at a very low investment and it yields high profits.

• Chai NGO is a beverage franchise that offers the most loved beverage by Indians"Chai". It aims to foster a business that helps an entrepreneur to grow and attain a unique brand image. It works on its famous 3C formula of chaat, chicken, and chai that makes it distinct from others. The food served is hygienically made that ensures the trust of its customers.

Best Tea Franchise In India:

Top Cafe Franchise In India

• Indian Coffee House is one of the oldest coffee franchises operated by an employed cooperative society. The best thing about this cafe is it is owned and managed by the employees themselves.

• Barista is a pioneer in coffee culture and is a global chain of espresso bistros and cafes in India. It is the 2nd largest coffee chain in India. 

• For espresso is known for offering hot beverages, cold beverages, sundaes, food, etc. The menu is prepared with the highest care and hygiene with high-quality fresh ingredients. It’s a fun and happening place that has a uniquely differentiated product line.

• Gloria Jean’s Coffees is originally from Australia. It started with the ambition to serve the best coffee in the country. Today, they have a large number of and more than 35 markets around the world.

• Costa coffee was first introduced by the Costa brothers Sergio and Bruno who worked to give a special Mocha Italian blend of coffee to its customers. This coffee franchise has many outlets all over India and will continue to expand over the years which makes it a profitable venture.

In India, chai is not just a cup of tea to start the day it's more than that, One of the oldest drinks in history and also India’s most popular drink.

Tea can be called the staple beverage of India. The tea business is a profitable industry mainly owing to its high demand both in India and internationally, the low investment required, and high profit margins. This makes the franchisees all the more drawn to your business and enables you to earn higher profits.

Tea Cafe Franchise in India:

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Franchise proposal sample

 

How to create a franchise business plan:

franchise steps

Franchising is pretty close and invariable to the term business development, growth, and expansion of a pre-existing venture. If you wish to successfully franchise your business, you require a strategic plan and a tried and tested step-by-step procedure that needs to be followed. To formulate a concrete strategy for your business, you should always consult experts who can guide you throughout.

 The goal of a franchise consultant is not solely franchising your business or meeting the legal requirements to sell franchises, but to build a franchise a system that, from the very start, can take the advantage of the very best practices in the franchise industry and is strategically focused on enhancing the strengths of your business, minimizing its weaknesses and establishing a flexible but rock-solid foundation that is designed to create, making it potential enough to scale up and grow your franchise system.

To achieve success in the process of expanding your business, it is necessary that you follow a proper set of procedures and resort to the correct methods of setup. It is essential to build a proper operational strategy that can benefit the business in the long run and lead to the generation of profits from the very beginning. How to franchise your business accurately is a big question that stands ahead of any expansion procedures that need to be followed.

Given below is a list of steps that must be followed by every business to ensure a proportionate working: 

Analyze your business model

It is very important that you make a thorough investigation of your business type and analyze if it is a franchise or not and if it is a franchise one then find out a suitable way to expand it through franchising by using sector. Before we get started on a new project and begin working with a new client, an initial franchise assessment is necessary to determine if franchising is the right fit. 

Assess your business 

As a separate entity, every business has a unique model and operational process, it is important to determine what works best for you as a business wanting to expand its operations in the market. It is important to evaluate your business's strengths, weaknesses, competitive advantages, unique selling points, legal protections, and future development goals. Throughout the franchise launch process, it is crucial to focus on developing a franchise system that best meets your development goals and that will maximize the.

 

 Take up a market competition assessment

To formulate rock-solid and progressive operational strategies, it is important to take up proper market research and get an adequate understanding of the strategies being used by competitive brands and then formulate concrete and escalating strategies for your business and outrun their market success. Getting expert advice can always be considered when it comes to formulating competitive strategies.

Preparation of a franchise blueprint

Establishing and creating a franchise system is a process that evolves in due course of time. It is important to ascertain your goals, business, and brand and once you complete the competitive franchise study, you need to create a blueprint mapping out of the skeletal structure for your franchise system.

 A franchise blueprint should incorporate the following points:

• Franchise fees and investment structure that is competitive and encourages potential multi-unit development in the coming future.
• Royalty fees and establishing fee structure that rewards franchisees for success and is a brand that achieves your growth and development goals
• Multi-Unit opportunities available in the future and whether or not your franchise system will be focused on setting up single-unit franchise opportunities or multi-unit franchise opportunities with development agreements.
• What will be the lease offered to the franchisees and the extent of territory expansion. A clear plan on how to manage franchisee operating territories, and forms of protection that may or may not is granted to franchisees investing in your brand.
• A list of proprietary products and sources of supply which also includes the identification of core products and services that must be purchased from you or your designees and a clear mention of whether or not you may generate additional revenue from your suppliers
• Many other factors, including factors that are specific to your business and the strategic plan for differentiating your franchise system, attracting franchisees, and various policies required that would help in attracting potential franchise broker's interest in promoting your franchise offering.

 Prepare a franchise proposal

A franchise proposal is an essential document that helps you to lure more and more franchisees by helping you to easily and effectively pitch your idea to potential franchisees. It is necessary that your franchise proposal is very precise and it reflects the working procedure of your business and also puts forth a report of the presumable profits that the franchisees can expect to earn on investing in your brand. Your franchise proposal must mention all the benefits including rights to hold intellectual properties, market expanse, and the pre-established customer base that they will receive on taking up your brand's franchise. This will develop the confidence of the franchisees in your brand.

 Development of a franchise agreement

 The franchise agreement is an important part of your franchise disclosure document. It must provide you with the very best policies and protections and must be structured and focused on the strategic growth of your business even if it is a part of a super competitive market.

 Depending on your strategy and planning to meet your goals, your franchise agreement is not a mere agreement for any of the franchises between your business and its unit but a working model for your franchises. Your franchise system must be structured with multiple development opportunities where a franchise may sign a franchise agreement giving them the right to establish one unit or they may be offered a franchise agreement where they are granted the opportunity to establish multiple units of your brand. Your franchise agreement needs to reflect your idea of working with your franchise system and must be designed to facilitate franchise sales for your business. You can always refer to a franchise agreement format when preparing your franchise agreement.

Develop a marketing strategy

 As a franchise owner, you hold the responsibility for marketing your product to consumers and present your franchise as an opportunity to prospective franchisees. Coming up with a solid marketing plan will keep you on track as you grow your brand to a bigger one and also enable you to expand it and develop in the long run.

without proper marketing and awareness of your brand, you would never be able to expand through franchising.

It is always advisable to keep your business models as simple as possible so they're easier for franchisees to understand. Larger franchises often require their members to participate in a common advertising fund. 

 When you are marketing a new franchise concept, the more difficult it gets for a potential franchise partner to grasp and understand the whole business model, the harder it will be to recruit good franchise partners. You will have a much better chance of succeeding at your goal if you as an individual and as an investor can fully understand your franchise model.

Thus, it is important that you assess your business and thereafter stick to strategies specific to your business enterprise that can help in efficiently expanding your business and taking it to great heights.

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