Dreaming of owning your food outlet but not sure where to start? Starting a FOFO franchise model might be the perfect choice for you, especially if you’re looking for a no-royalty franchise.
But what exactly is a FOFO model? Let’s break it down in the simplest way possible.
What is a FOFO Franchise Model?
FOFO is short for Franchise Owned Franchise Operated. That is, you (the franchisee) will own the store but also operate it independently. You'll have use of the company's (the franchisor's) brand name, recipes, packaging, and marketing assistance, but the daily effort and profit are yours.
In a FOFO franchise model, unlike some others, the company provides you with all the setup to begin, but they let you have more independence in your daily operations.
Why Use the FOFO Model?
The following are some fast advantages:
Complete control of your outlet
Utilisation of a pre-existing celebrity brand
Simple to begin, even if you're new to franchising
Usually comes with no royalty charges
Most individuals prefer the FOFO franchise model since it's easy and adaptable. You have the capability of operating your own company while you have the backing of a large brand.
Step-by-Step: How to Start a FOFO Food Franchise
1. Select the Right Brand
Research. Search for brands that provide no royalty franchise opportunities. These are best if you wish to retain more profits. Also, see if they are trending, have good ratings, and provide complete setup assistance.
2. Verify the Investment
Most FOFO food chains begin between ₹5 to ₹10 lakhs. This also covers the interior cost, kitchen appliances, furniture, and brand costs. Some cheap food brands have plans lower than ₹5 lakhs. Always request a breakup of costs in detail.
3. Be familiar with the Agreement
Before you put pen to paper, read the franchise agreement thoroughly. Check the length of the contract, how much support the brand offers, and whether there are any secret fees. If the brand tells you it's a no-royalty franchise, get it confirmed in writing.
4. Find a Good Location
Location is everything in your food business. Pick a location with lots of people passing through, such as around universities, offices, markets, or highways. Your brand may also assist you in picking the location.
5. Get Trained
The majority of FOFO brands provide training. This ranges from how you cook, to dealing with customers to software management, and more. Even if you've had zero experience with food, the training makes it effortless.
6. Launch and Promote
When your outlet is ready, the brand will likely assist with marketing and a grand opening. Promote locally too—on WhatsApp groups, Instagram, Google Maps, and food delivery apps.
Things to Watch Out For
Do not deal with brands that demand money but deliver no tangible support.
Don't skip reading the fine print.
Always speak to current franchisees before enrolling.
Final Thoughts
Beginning a FOFO franchise model is an intelligent decision if you would like to operate a business without beginning from the ground up. With plenty of no-royalty franchises currently accessible in India, you can choose something that fits your spending plan and interests.
Whatever your passion is—burgers, pizza, or local snacks—there is a franchise opportunity that's right for you. Don't wait any longer. Start your journey to entrepreneurship today.
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