Accelerate Your Initiative With our expertise
inXpert division of inTrm is a leading consultant providing valuable domestic consultancy services, HR solutions, knowledge process outsourcing. inXpert helps their investors in selecting the right franchise and in turn, assist organizations’ in international and domestic franchise expansions knowledge, Opportunity, Network.We also caters the manpower requirements of the various sectors in the industry at junior, middle and senior management levels. We assist our Clients in creating and developing by providing services i.e. Manpower, Project, Placement, Training, Services outsourcing domain.
Brand creating & Franchising
With our culture, technology and consumer buying behaviors changing at an incredible pace, it is difficult for companies to maintain relevancy. For many companies, it is hard to see their circumstances objectively. Preconceived notions and incorrect data often skew their marketing decisions. We help franchisors and mid-to-large companies navigate through marketing challenges and develop a profitable business. Our services are primarily geared toward two markets:
- Companies seeking to franchise a business for the first time. These clients will already have developed a successful prototype and are looking to expand through franchising.
- Companies who are already franchising. These clients are looking to improve on an established franchise system, hire personnel, increase their operating efficiency, improve quality, or increase franchise sales effectiveness.
Many companies and brands develop their own resources to create a network of franchisees and business partners. It requires a highly structured approach to people and process management to achieve such great networks and further manage them successfully. Many companies fail to do so for the only reason that they have lesser or no orientation towards spreading out.
In fact, it takes lots of confidence and daring to start franchising and sustain it. Many companies or brands fail to initiate franchising for the lack of knowledge, experience, proper team, geographical awareness and funds. Many others initiate but fail to sustain for the above and many other reasons. The brands which possess them all become successful, but they are very few. It is found that many companies and brands possess better products and services than the successful franchise companies, but stay behind others for the only reason that they lack franchising skills and experience, despite being having necessary funds. If you are one among them, you may seek support from agencies outside, who have mastered the science and art of franchising.
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of Anglo- French derivation - from franc- meaning free, and is used both as a noun and as a (transitive) verb. For the franchisor, the franchise is an alternative to building 'chain stores' to distribute goods and avoid investment and liability over a chain. The franchisor's success is the success of the franchisees. The franchisee is said to have a greater incentive than a direct employee because he or she has a direct stake in the business. The franchise business has been around for a long time; in fact they go back as far back as the 1850's. The notion of selling off a business or a part of a business in order to expand into new areas usually came from the lack of investment funds from the business owner. Through their creativity they were able to keep the business alive by selling franchise opportunities to would-be entrepreneurs. While the business of franchising has grown over the years it all had to start somewhere.
In business, outsourcing is the contracting out of a business process to a third-party. The term "outsourcing" became popular in the United States near the turn of the 21st century. Outsourcing sometimes involves transferring employees and assets from one firm to another, but not always. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring or relocating a business function to another country. Financial savings from lower international labor rates is a big motivation for outsourcing/offshoring.
Two organizations may enter into a contractual agreement involving an exchange of services and payments. Outsourcing is said to help firms to perform well in their core competencies and mitigate shortage of skill or expertise in the areas where they want to outsource. In the early 21st century, businesses increasingly outsourced to suppliers outside their own country, sometimes referred to as offshoring or offshore outsourcing. Several related terms have emerged to refer to various aspects of the complex relationship between economic organizations or networks, such as nearshoring, crowdsourcing, multisourcing and strategic outsourcing. …«Read More»