“If you look at the success rates for start-ups, you’ll see a 90% to 95% failure rate within the first five years; even the VAT office says that 75% of registrations are cancelled within the first three years. But the Natwest/British Franchise Association Annual Survey says that over 90% of franchises are successful.”

“Many of the risks associated with a start-up are offset if you buy into an established franchise with a proven business formula to follow.”

“It’s common sense really – just follow the system. If they follow the system, then they’ll grow their business.”

“That’s why a franchise is attractive: you’re in business for yourself – but not on your own.”

“If you bought a franchise for, say, £200k, and you have staff, property, equipment and a company that is going to help you – that’s a lot safer than something where you don’t know whether its going to work or not.”

"Franchising is certainly one of the most convenient, profitable and business development format for a country as diverse as, populated as, vast as and as entrepreneurial as India. The future of franchising in India is much more promising with the overall upsurge in Indian economy, increasing the role of technology, speeding and globalization”