We all want to buy our dream house someday. Maybe, you want to invest in a commercial space for your business. Or maybe you want to just invest in real estate. There can be various reasons for the millennial to venture into the real estate sector as a customer/investor. After all, real estate gives us a sense of security and comfort. However, the real estate sector is vast and tricky. We do not know everything about purchasing a property. Only a handful of us is aware of the property documents required…
Franchise business is the safest choice when it comes to starting a new business. Franchise business in dealers career is essential. A few popular examples would be, MC Donald’s, Domino’s. To buy a new franchise there is an initial fee. That helps you to buy rights, methods, equipment, marketing techniques that a buyer has to pay. After purchasing these rights the franchisee gets access to trademarked things such as slogan, brands, logos etcetera. This purchase is valid for 5-10 years that you will have to in most cases. However, the franchisee…
Real Estate sector is a pillar of Indian economy. GST, also known as Goods and Service Tax, includes Central GST, State GST and Integrated GST. Previously, there were various modes of taxes like VAT, Sales tax, etc. levied on the properties. However, now the Government has decided to fix a single rate GST on properties. We buy and invest in properties; however we are still unaware of GST on real estate sector. Who pays the GST on real estate sector? The buyer and the investor who invests in under-construction properties…
COVID-19 has created an unprecedented challenge for the world. The Economy of all the countries have been highly impacted and the effect is visible in almost every sector. Real Estate is no exception to this. It contributed near to 7% of Indian GDP and had almost 15% of labor employed in it. More than 250 small and big industries get less or more affected by the changes that happen in Real Estate. Therefore, we need to understand what could be the situation of Real Estate Post COVID 19. So, here, firstly…
Franchise business is when the owner of the private company sells the rights of the business logo, model, etc. to some party and allow the party to sell a product or provide a service under the business’s name. There are numerous advantages that come with owning such a business. The original business helps to deal with problems, the risk is low, Franchisee gets the latest technology and methods, marketing strategies are provided and it’s more likely to succeed. It provides a safety net. The combination of faster growth, increased profitability, and increased organizational…
To simply answer that question, yes. Franchise business has proven to be profitable. We live in a world where everything has its pros and cons. Similarly, a franchise business also has its pros and cons. Franchise business is when private owners sell the rights of business logo, model, name of huge companies. It usually is an MNC (Multinational Company), that sells its rights to run their franchise in a different location. This is generally done to extend their already profitable business. These private owners are called Franchisees. Relations between sellers and…