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Partnership Terms and Conditions. Kifahari offers franchises to the potential applicants with the following guidelines and agreements. LOCATION: We don’t operate out of retail stores. We encourage our franchisees to market and sell our collection from the comfort of their home.
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Partnership Terms and Conditions Kifahari offers franchises to the potential applicants with the following guidelines and agreements. LOCATION: We don’t operate out of retail stores. We encourage our franchisees to market and sell our collection from the comfort of their home. SECURITY DEPOSIT : No security deposit is required to be our franchisee. STOCK: The company will provide stock on a returnable basis and will be against a advance payment which will be refundable in case of stock return. The company will give you stock worth your cost price and not sale price as done by most franchisors. We give you the flexibility to determine the size and scale of business you want to operate and hence, have no minimum stock investment. The stock supplied to the franchisor will bear a MRP decided by the company before dispatching. The unsold goods will be taken by the company under sole discretion and decision of the company at that point of time, assessing the conditions of the goods to be returned. ADVERTISING & PROMOTION: The company will provide Marketing, Sales Promotion and Advertising Support from time to time centrally. The Franchisee will spend atleast 1% of the total monthly sales turnover in the advertising and promotion locally in his terriotory at his end. MARGINS: The margins will vary as per designs. However, on a average basis the company will offer 10-15% as franchise margin. STAFF, SOFTWARE AND HARDWARE: No staff, software or hardware will be required.