Corporate Law : A country’s true economic growth depends not just on its mega-scale industries and multi-national organizations but also on its ...
Corporate Law : Starting a new business from scratch isn’t easy. There are many legal aspects to be taken care of while forming a new company. A...
Corporate Law : The concept of a franchise Business in India has now caught on in full swing with most large brands being represented by franchise...
Company Law : Nidhi Companies in India were created for cultivating the habit of small savings targeted at the lower and middle class. Its inves...
Corporate Law : With the constant presence of upcoming multinationals in all production sectors such as agriculture and marketing there was a need...
A country’s true economic growth depends not just on its mega-scale industries and multi-national organizations but also on its medium level industries, small scale business and cottage industries. For a developing country like India whose economy is majorly dependent on agriculture and related industries, medium level and small scale industries could be considered as its heartbeat.
Starting a new business from scratch isn’t easy. There are many legal aspects to be taken care of while forming a new company. A franchise business thus paves the way for achieving your goals through the help of an established business.
The concept of a franchise Business in India has now caught on in full swing with most large brands being represented by franchisees across the country. With the big daddy’s of the business like McDonalds, Pizza Hut and KFC proving the scope and potential of the franchise phenomenon, desi brands are now following suit and growing from strength to strength in both quality and brand image.
Nidhi Companies in India were created for cultivating the habit of small savings targeted at the lower and middle class. Its investment structure consists of realigning funds within a growing group of members who benefit from returns at fixed durations.
With the constant presence of upcoming multinationals in all production sectors such as agriculture and marketing there was a need for small time production companies to operate as a cooperative under an umbrella body such as the Ministry of Corporate affairs.
