How to start your franchise ?
Lakme brand is a successful Indian cosmetics brand that has been around for more than 50 years. It started out as an initiative by Hindustan Unilever, and it now offers products such as skincare or color care goods to its customers across 60 markets through 240 stores managed by 2200 experts who serve 1 million clients every year! You can even start your own business working with them – all you need are some skills (and maybe some money) because joining up doesn’t require any previous experience whatsoever
Industry of Health and Wellness
The Indian wellness industry is booming, and it’s no surprise that the number of people interested in health care has increased. In 2020 there will be a total market for medical devices worth over $1 trillion dollars! One sector alone – beauty products- accounted for 40% with INR 490 bn revenue last year (approx). With such high growth rates across many different areas within this ever-expanding field here are some tips on how you can get involved:
Why choose Lakme?
Lakme India specializes in top-of-the-line beauty services has now expanded into haircare. They have franchises all over India, with more than 240 salons and 60% of franchisees owning multiple locations which shows how satisfied they are as people who work there or just visit regularly!
Criteria for Franchisee Eligibility
Anyone who meets the following eligibility criteria can become a Lakme Franchisee, which is listed below:
individuals must have ethics and integrity
Passionate and dedicated to business management.
Approachable to customers and willing to go the extra mile to ensure their satisfaction.
The ability to lead and inspire a team.
Contribute enough time and effort to run a successful Business
The Advantages of Owning a Lakme Store
The following are some of the advantages of owning a Lakme franchise:
1) The business model of Lakme beauty products has been carefully crafted to provide sustainable growth for its future owners.
2) female entrepreneurs can avow loans from both private and public sector banks at attractive interest rates.
3) The franchisee will have access to active support and guidance for their startup.
4) The company will provide you with continuous assistance as they are committed to improving your business development, product delivery, and marketing.
5)Course design and delivery assistance
6) Academic and technical functions will be carried out as part of the training of Lakme careers.
7)You will also get training for project management, standard operating procedure, and IT development.
Specifications for the Area
The perfect location for your business is one that will make it easy to access, and this often means spaces with high foot traffic such as malls or hotels. If you are looking at opening in an accessible spot then 900 square feet of carpet area would be ideal for setting up Lakme beauty parlour!.
The Franchisee will invest between Rs.50 lacs and Rs.60 lacs depending on the specifications of your area. In addition, the Franchisee will be required to provide working capital for daily administrative expenses.
Support and training
The Franchisee will receive ongoing HR and training assistance, as well as innovation and newer training from Lakme Training Academy, to ensure that all employees maintain a high level of professionalism.
Lakme Training Academy will guide all employees to maintain a high level of professionalism. Furthermore, the company’s support team will assist you in all aspects of starting and running a retail store, including site selection.
The following are the recommended locations for establishing a Lakme franchise:
North Delhi, Haryana, Jammu and Kashmir, Punjab, Uttaranchal, and Uttar Pradesh
Southern states include Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh.
Assam, Meghalaya, Tripura, Arunachal Pradesh, West Bengal, and Odisha are in the east.
West – Gujarat, Rajasthan, and Maharashtra.
Central states include Chhattisgarh, Madhya Pradesh, Bihar, and Jharkhand
- Pondicherry is a Union Territory.
Term of Agreement
The Franchisee must sign an MOU that includes a written statement about the company’s terms and conditions before signing a franchise agreement with the selected franchise owner for the first five years. The agreement can, however, be renewed if both parties agree.
Process of Enrollment
Interested candidates can apply for a Lakme franchise online or by visiting the Lakme website by following the steps outlined below:
Step 1: Navigate to the Official Portal.
Please go to the Lakme Franchise official website.
Step 2: Obtain a Franchise.
On the portal’s home screen, select the “Become a Franchisee” option.
Step 3: The Franchisee Application Process
Choose “Franchisee process” from the drop-down menu.
Step 4: Come with us!
Then, click “Join us,” and the Lakme franchise application form will appear.
Step 5: Fill in the blanks
Fill out the Franchise Application Form with the necessary information, such as
Name of the applicant
City of preference
Step 6: Fill out the form and submit it.
After filling out the necessary information, the applicant can submit the application form online.
Please keep in mind that if you are chosen for the Lakme Franchise which includes Lakme products, company representatives will contact you shortly.