India Franchisee-Entrepreneur Workshop held on 12^th March 2010 
 

The wheels of justice turn very slowly in India, causing hardships to franchisees who can ill afford the cost of litigating in India’s Courts and sustain money, time and opportunity loss due to delaying tactics employed against them. Indian entrepreneurs are rather confused about franchise opportunities that exist. While some think a franchise opportunity is a business opportunity, others take it more like an investment or an opportunity to rent/lease out their real estate. Hence, it is essential to dispel such myths. 

Hemal Manek, Head – Network Development, Cartridge World South Asia, highlighted on the critical challenges in franchising in India and hence the need of such workshops for organized growth of franchising industry.

 

The India Franchisee Workshop aimed to explore and address Franchisee-StartUp Queries pertaining to Franchise Opportunities. Speaking at this event, Dhawal Shah, Founder, Maverick Franchise Ventures (MFV India) said that, 'Franchising in India is much lesser successful than the much touted 85 to 90% by the media, and one of the reasons is not having a holistic understanding of franchising, MFV India and Cartridge World is proud to organise such events and shall continue organising such events across India. After receiving a positive response in Mumbai, our next workshop is in Bengaluru and Hyderabad.' He made a brief presentation for the much successful and globally acclaimed, India Franchise Rankings. 

According to Naveen Rakhecha, CEO, Cartridge World South Asia ' Franchising is not a business in itself, it is a way of doing business. He highlighted that franchising requires specific expertise and how franchise evaluation process helps both the franchisor & the franchisee ’. Highlighting the Industry facts, he indicated that in India, the printer cartridges market which is pegged at over Rs 3000 crores and is growing at over 30% Year on Year. Cartridge World is well positioned as ‘OEM quality at an affordable price’ service provider to make the most of the opportunity.

 

Cartridge World which is only 3 years old in India is ranked 1st in its category and 29th best franchise opportunity in India (Rating by Way2Franchise.com) & Ranked 27 of the Top 100 Global Franchises (Rating by Franchise Direct) The Brand has already won 7 prestigious awards in its 3 year of operations in India.

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Cartridge World announces Bill Edmiston Chief Development Officer

Cartridge World, the world’s fastest growing ink and toner remanufacturing retailer and franchisor, announces the appointment of Bill Edmiston as Chief Development Officer. 

Edmiston, who most recently served as Senior Vice President at Gordon Biersch International, will work closely with the company’s network of master franchisees to help sell Franchise stores throughout the United States. Reporting directly to CEO Tom Fricke, Edmiston will assume primary leadership over efforts to continue the rapid expansion of the Cartridge World system, as well as the development of a National Account Program. 

“We are pleased to welcome Bill Edmiston to Cartridge World at a time when the company is poised to further cement its position as a leader in the $80 billion printer cartridge industry,” said Tom Fricke, CEO of Cartridge World. “As a respected veteran in the franchise industry, Bill will play a crucial role in leading our development efforts that will help drive and grow our business.”

A seasoned franchise professional, Edmiston brings more than 30 years of international and domestic experience in operations, development, licensing and real estate selection to Cartridge World. He has previously held various positions with some of the franchise industry’s more widely recognized brands such as Rock Bottom Restaurants, Einstein’s Bagels and Boston Market, including a stint as Vice President at Blockbuster Entertainment Group during the company’s heavy growth years bringing them from 19 to 4,200 units worldwide.  

According to Edmiston, Cartridge World’s reputation, the quality of its leadership and the talent of its people is next to none. “I couldn’t be more excited about joining such a dynamic brand and my new role in enhancing a franchise system that is already positioned for continued growth and success,” he added.  

About Cartridge World

Emeryville, CA – based Cartridge World is the world’s fastest growing ink and toner refilling retailer and franchisor in the $80 billion printer cartridge industry. The company refills and remanufactures inkjet and toner printer cartridges, using state-of-the-art processes and high quality inks and toners.  It offers consumers and businesses a more affordable option to buying new, provides a 100 percent satisfaction money-back guarantee and helps the environment by keeping cartridges out of landfills.  Voted #1 in the category of toner replacement services by Entrepreneur Magazine Franchise 500 for 2010, Cartridge World has more than 1,700 franchised retail locations in 61 countries.

Cartridge World Franchise eyes 250 stores in Indian sub-continent by 2011

The leading printer cartridge recharging provider, Cartridge World is paving its path to establish over 250 stores across the Indian sub-continent by 2011. While speaking about the advantages of franchising, Naveen Rakhecha, CEO (South Asia), Cartridge World summed up, “Franchising to me is infusing entrepreneurship. It brings the entrepreneurship skills right into the business. That is one of the major reasons we have also recently franchised our company-owned outlets which were opened at the initial stage.”

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