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Can I just invest without necessarily liking the franchise?

There is no room for investors only in franchising. Franchisees are expected to like the franchise business. If you don’t like the noise of pre-school children, you cannot apply for a pre-school franchise. Your success depends on your commitment, but if you hate the concept, how can you commit yourself to it?

What does the franchise investment cover?

The franchise fee, branch construction, furniture and fixtures, signage, and other items. The fee normally covers the right to use the trademark, business system, all the pre-operating services including training, the opening team, dry runs, pre-opening, and marketing support. Expect variations in the coverage.

Can I take the franchise agreement and show it to my lawyer?

By all means! It is your right as an applicant to seek legal advice. Beware when the franchiser does not allow you to bring the agreement contract outside their office. Prior to sending to your lawyer, please read several times. Never be afraid of the technical and legal terms. Underline statement or vague phrases. Do write questions as you read.

Why do I have to go through an application process?

The application process enables you and the franchiser to decide if you can do business together. Avoid any franchiser who can’t wait for you to sign the agreement. The process may take some time including doing the location study.

Can the franchiser tell me my profit margins and payback period?

The franchiser can only give you estimates. The figures will depend on how well you manage your branch.Verify and conduct your own estimates.

Can the franchise be taken away from me?

Yes. You lose your franchise if you violate the agreement and ignore the operations manual. The franchise fee will not be refunded to you. However, unless the infractions are serious, there is normally a “curing process” where the franchiser gives you a chance to correct your mistakes.

Will the franchiser help me manage my branch?

An important part of franchising is the franchiser’s commitment to helping your business. The assumption is that the franchiser has had years of experience that he will want to share to make your franchisee successful. However, you have to be open and take him seriously. However, as a franchisee, you have to be on top of managing your branch. The Franchiser is there to provide support. What is vital is to establish open communication lines.

Why You Have to Pay Royalty Fees?

In addition to paying for the privilege of being a part of a franchiser’s brand family, royalty fees pay for certain benefits you receive as a franchisee. These fees cover on-going training and support, consulting from the franchiser.

What Happens if the Franchisee Can’t Pay the Royalty Fees?

Make sure that the penalty for not paying fees is outlined in your franchise agreement. Most franchisers consider not paying royalty fees a breach of the franchise agreement, and they may terminate your franchise or hold you liable for other expenses. Read the fine print, so you know what you’re getting into.

An individual who purchases the right to operate a business under the franchiser's name and system.

Franchise fee: The initial fee paid to a franchiser to become a franchise, outlined in Item 5 of the Franchise Disclosure Document (FDD). For some franchises, this is a flat, one-size-fits-all fee; for others, it varies based on territory size, experience or other factors. Many franchisers offer franchise fee discounts for veterans, minorities or existing franchisees.

franchiser: The parent company that allows individuals to start and run a business using its trademarks, products and processes, usually for a fee.

Startup cost/initial investment: The total amount required to open the franchise, outlined in Item 7 of the FDD. This includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

Company-owned units: These are the locations that are owned and run by the parent company (the franchiser), rather than by franchisees.

Royalty Fee: The Royalty Fee is an ongoing payment, during the term of the Franchise Agreement, that is paid to the franchiser on a daily, weekly, or monthly schedule. The Royalty Fee may be a flat fee or a percentage of sales and is paid to the franchiser in exchange for the ongoing use of the system’s name and marks and to cover the services that the franchiser provides to the franchisee, such as training, support, and marketing.

Franchise agreement: The written contract, included in the FDD, which outlines the responsibilities of both the franchiser and the franchisee.

The term of agreement: This spells out the length of time that your franchise agreement is valid--usually anywhere from five to 20 years. At the end of your term, if you are a franchise in good standing, most franchisers will allow you to renew your agreement for a percentage of the then-current franchise fee.

Franchise agreement: The legal, written contract between the franchiser and franchisee which tells each party what each is supposed to do.

Advertising Fee: Amount paid by the franchisee to the franchiser as a contribution to the franchise system’s advertising fund(s). The fund is typically established to pay for the creation and placement of advertising and used to offset the franchiser’s administrative costs relating to “retail/brand” advertising. Payments are calculated as a percentage of gross sales.

Single-Unit Franchisee: An individual or group who owns one franchise location.

Business Format Franchising: The licensing of a trademark or service mark together with a prescribed format for conducting a particular type of business, under the control or supervision of the franchiser, coupled with the payment of a fee. Describes the system of delivery, not the specific product or service associated with the delivery as in Product or Trademark Franchising.

Multi-Unit Franchisee: An individual or group who own two or more locations.

Area Franchise: Your entitlement to open multiple locations, usually in a defined territory within a pre-agreed upon timeline. Area franchisees usually pay an area fee for the rights granted by the franchiser.

Capital Required: The amount of cash you are required to have available in order to purchase a franchise or business opportunity.

Business Plan: A planning document that details the objectives for the business and establishes processes and measures for meeting those objectives.

Default: The Failure of either party to meet the terms of the agreement. Certain defaults in franchising are enumerated. Some can be cured in a defined period while others may not be curable.

Gross Sales: When used in franchising, generally the total sales of the business before the collection of any sales taxes and after specified deductions. Generally used as the basis for percentage royalty calculations.

Distributorship: The right granted by a manufacturer or wholesaler to sell their products.

Operations Manual: An Operations Manual generally consists of several volumes, it contains all pertinent information regarding the operation of a distinct franchise.

Business Plan: A planning document that details the objectives for the business and establishes processes and measures for meeting those objectives.

Registration: A requirement to submit the franchiser’s disclosure document prior to the approval to offer franchises within some states. There is no requirement to register a franchise at the Federal level. Registration is not an indication of state sanction of the value of the franchise offering.

Distributorship: The right granted by a manufacturer or wholesaler to sell their products.

Due Diligence: Due diligence is the fact-finding process a prospective buyer should go through prior to buying a franchise or business. The purpose of doing due diligence is to make sure that a franchiser’s claims are accurate and their business model is a sound investment. Due diligence done properly looks at a franchise’s operations, financials, training program, interviews with current franchisees, just to name a few. It is advised that you consult with a franchise attorney or broker prior to buying a franchise or business opportunity.

Initial/Ongoing Training: The initial and all subsequent training offered to franchisees in the operations of a specific business.

Turnkey: A location which is provided to a franchisee fully equipped and ready to operate.

Disclosure Document: Also known as the Franchise Disclosure Document (FDD). Formerly known as the Uniform Franchise Offering Circular (UFOC). The format of the FDD is specified by the FTC and NASAA (Federal and State Regulators) and provides information about the franchiser, the obligations of the franchiser and the franchisee, fees, start-up costs, and other required information about the franchise system. It includes a listing of current and former franchisees. In addition to the disclosure portion of the FDD, the document will contain the franchise and other agreements and exhibits. It does not typically include unit earnings information. Item 19, “Earnings Claims” is an optional disclosure under the FTC Rule and State FDDs even though the performance of the franchise in terms of unit “earnings” are material facts that should be disclosed to new buyers by the seller of the franchise, who profits from the sale.

TC-360 Support Program

Centre & Infrastructure Development
Teachers Recruitment & Training
Curriculum & Study Material
Centre Management Software
Academic Planning & Quality Audits
Marketing & Branding


Investment Capacity: Rs.25-30 Lakhs
Space Requirement: 2500- 3000 sq.ft.
Prior experience not mandatory


Takalkar Classes Centres


A brighter tomorrow, now near you!



634/1, Above People’s Bank, Bharat Jyoti Bus Stop Bibwewadi, Pune ‒ 411 037.


020 2441 0190
+91 98810 98308



Pune Satara Road, Near Balaji Nagar Bus Stop, Dhankawadi, Pune ‒ 411043.


020 2436 5588
+91 96651 09999



Opp. Patil Hospital, Above Hotel Shetkari, Anandnagar, Sinhagad road, Pune ‒ 411051.


+91 99229 32603



Near RMD College, Popular Nagar, Opp. Shell Petrol Pump, Warje, Pune ‒ 411058.


+91 97675 30354
+91 97675 30358



Chakankar Corner, Manaji Chauk, Near bank of Maharashtra, Narhe Road, Narhe, Pune ‒ 411041.


+91 96733 25222



Shree Ganesh Vishwa, main Katraj- Kondhwa road, Gokulnagar, Pune ‒ 411048.


+91 97671 02340



Above Sadhana Sahakari Bank Gadital, Solapur Road, Hadapsar, Pune ‒ 411028.


+91 84840 40384



Vishal Shopping Complex, D.S.K. Ranwara,NDA Pashan Road, Bavdhan, Pune ‒ 411002.


+91 91306 39130
+91 91307 39130



Ashtavinayak Colony, Canal Road, Karvenagar, Pune ‒ 411052.


+91 72649 48948
+91 72639 48948



Govinda Apartment,2nd floor Above Hotel Girija, Karve Road,Near Nal Stop, Erandwane, Pune ‒ 411004.


+91 99229 32601
+91 99229 32606



Parmar Gallery, First Floor, Jagtap Chowk, Wanawadi, Pune ‒ 411001.


+91 72629 66366