In India, rising real estate cost and lack of trained staff is the biggest challenge faced by franchisors. Be it beauty or fitness, F&B franchise, education franchise or any other industry, people with the right education and credentials are few and a high attrition rate adds to the woes of the industry.
The franchising industry continues to face real estate challenges. The high real estate prices, coupled with cumbersome paperwork for commercial operations are making it difficult for them to expand their operations.
Product customization and relevance is of utmost importance for the franchisors. Adapting to change in the design or format of the product or service is another major challenge.