Here is how entertainment franchise increases tremendously

Here is how entertainment franchise increases tremendously

Franchise business opportunities in India exist in sectors viz. Beauty and salon, food and drinks, health and fitness, business services, apparels, computer and internet, entertainment, retail, education and training, jewellery and florist. Among all, entertainment franchise grew rapidly in the country and has gradually expanded to cover segments like sports, kids playing station, clubs, video games, amusement centre and so on. For example, if you are sports loving person and want to explore business opportunities then you can become an owner or co-owner of any cricket, football or basket ball team. In present scenario, franchise business opportunities are gradually shifting as compared to 15 years back when India’s only, Franchise Association of India, was established in year 2001. It is not-for- profit organization, taking charge to control franchising in India.
Approximately 4500 franchise brands are successfully operate in India. Despite economic troubles, Indian entertainment and media industry is growing at a good rate, valued to 20 billion in 2016 and projected to touch US $ 50 billion by end of 2019. Bollywood industry category under entertainment industry is growing exceptionally. Everyone year billion dollar revenue has been generated. In this context, reliance media works, PVR, carnival and other high profile brands have made their entry valuable as millions of people mesmerized by watching movies at these destination. If you are interested to become an owner of any entertainment franchise, first explore various companies operate in subcategories then did market research. If you are confused then franchise consultants will also help.
Entertainment and media industry is a never sector, every year various innovations have reshaped whole industry. With increasing well designed revenue models in entertainment space, starting new project is quite easy. Entertainment and media practice around the world is utmost importance for the society as well as business. Thus in coming years, number of entertainment franchise brand will made entry into Indian market.


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