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Monday, 28 November 2016

Start-up or a franchise: What’s the best for you?

It’s about time you’ve taken the decision of initiating your own business but not sure whether to start from scratch or own a running one. History shows that entrepreneurs are always encouraged in a struggling economy as they provide new grounds to boost economy from their start-ups. Still, what to do if you’re already a hard-working professional with limited exposure of real-time experience and lack resources?
Let it be an element of motivation as you move forth for a business setup in the UAE! Why UAE; because it’s currently the hub of major local and international corporations. If this is so, a franchise seems to be the best idea but you’ll always need a road map guiding your actions. When choosing between a franchise and a solo start-up, the choice is yours alone so move wise keeping all the pros and cons in front for proceeding on the right track.
Franchise
  • System is defined and already proven with a franchise and almost all operates under a common network being responsible for routine operations. Training is given about the immediate product line, marketing strategy, employee dealing and over other aspects of daily activities. In generally, ongoing business support is provided which guarantees success.
  • Your brand or cutting-edge product gets in the spotlight from day one in a franchise setting that increases the sales. Buying a franchise means you’re actually investing in a turnkey business that’s readymade for you to start. Though experts don’t always agree on the exact figures, statistical results revealed that franchises enjoy a higher percentage of profit and success as compared to solo start-up.
  • “Franchisor” that are the parent companies provide their full support for franchises. A lot of franchises are already turnkey operations; means the parent company oversees the entire package to actually initiate the corporation. The supply includes basic assets, equipment, training and other necessary things to execute the plan.
  • Many franchise brands have worldwide recognition and franchisees usually contribute into a national “marketing budget” that parent companies exploit to initiate advertisements and promotions campaigns. Franchises typically enjoy the advantage of buying powers that also augment growth margins.
Start-up
  • Innovation, creativity, passion and enthusiasm to learn at every step are the roots of every successful business setup in the UAE. If you’re highly creative and full of ideas that need to be given a reality shape, a start-up is definitely for you.
  • Having your own business gives you leverage to work anytime, anywhere whereas digital technology and wireless internet access ensure it actually happens. Being the sole owner of the business also makes you responsible for every crucial decision that is being taken and since success or failure will be your own, care factor won’t be compromised.
  • Growth of start-up is limitless unlike franchises! Preliminary success brings recognition from local market but innovation and improvement would mark you as world’s top competing corporations.
Conclusion

Now that you’ve all the pro facts of both franchise and start-up, choose what’s best only after identifying all your strengths and weaknesses.

Wednesday, 9 November 2016

The Best Property Deals in Bangalore: You Still Have A Chance!

Bangalore is the epicenter of IT in India. Surrounding the emergence of multivariate companies are massive employment and lifestyle upgrades that transpired nationwide. The prosperity of the industry reflects in the new lifestyle choices of residents; and that is manifest rather vividly in the property choices people are making in Bangalore these days.
Presently, the city holds some of the finest properties in the whole country. If you are looking to invest in a home in Bangalore, then special deals might save you a bit of money. Frankly, properties/villa projects in Bangalore are ludicrously expensive. If you want something for lesser, finding property discount deals is the next best option.

If a tight negotiation is what’s on your mind, you might have to reconsider, because the city is buzzing with investors from all around the country and outside. That makes properties a hot sell. So the highest bidder wins the prize, speaking of which, there is very little room for negotiation on the asking price.
But all’s not bad. Here are some discount apartments that make house hunting in Bangalore a must-try!
Bellary Road apartments
The properties at Bellary Road are stunning – they are a level up from the usual. With the polish and veneer of ultra-modern homes, understandably the prices are a bit steep at first glance. You may need some financial backing, but if you can stretch your budget to 6 crore rupees, you can find yourself great investment value and a dream home in one of these apartments. Apartments in this area need some exploring, especially because you get access to a great multitude of amenities unlike most affordable areas in Bangalore. If you have been waiting forever, or if the prices have been marginally out of reach, it may be advisable to buy a home at Bellary Road.
Badlapur apartments
The apartments in Badlapur are a lot smaller than those in Bellary Road, but cozy is the word. If you are looking up on the internet with the deal filters on, you might be as lucky to hit some for under 23 lakhs. Unbelievable as it is, these apartments are high-rises, they are beautiful works of architecture and are narrowly priced. However, for these deals, you may find only 1 or 2-bedroom apartments in Badlapur.
Whitefield Main Road apartments
The luxury apartments in Whitefield get most of the searches. And why shouldn’t they? The apartments at Whitfield Main Road were the first to give the city a facelift. Quite unexpectedly, some of these apartments are now offered on deal values. So, if you try your luck, you might as well find penthouses at Rs. 5,800 and Rs. 5,950 per square feet. The apartments on this road have flats with 1 to 4 bedrooms, and range from 600 to 6,300 square feet.
Hebbal condos
The houses in Hebbal make it to the bucket list of most investors in India. Those homes are not villas, but penthouses at the ground level. Open balconies, duplex structures, large gardens, floor-to-ceiling windows, swimming pools, studio-style interiors and everything else that you can associate with luxury housing. Presently, the deal rate per square feet at this area is Rs. 6,999, which is a substantial drop from the normal rate.
Sarjapur high-end apartments
The condominiums standing in the Sarjapur Outer Ring Road make an easy choice for most home seekers, not because of lenient pricing, but the full package they come with. Right now, on deals, they come for under Rs. 8,000 per square feet starting. You can get some for at Rs. 6,750 as well.
We will be following up on a similar article, but will focus on outskirt areas mostly. Perhaps, if you are looking to settle in Bangalore half a decade later, those properties will be a better choice than the ones listed here for the ultra-urban buyer.