Explore vending machine franchise in India 2024

Are you interested in learning more about how you can earn with the help of the Vendolite vending machine franchise? Read this blog to understand the options Vendolite provides to assist you in starting a business.

While those with business backgrounds can easily initiate and manage franchise businesses, the same is not true for individuals without any business background or experience. To address this issue, Vendolite offers multiple franchise options to choose from.

FOFO Model (Franchise Owned Franchise Operated)

The FOFO model empowers franchisees by granting them ownership of the store and control over business operations and strategies. This model comes with the following benefits:

• Entrepreneurial Control: Franchisees enjoy full control over their business operations and strategies.
• Flexibility: Allows adaptation to local market trends and preferences.
• Profit Potential: Operational successes directly impact the franchisee’s profitability.

FOCO Model (Franchise Owned Company Operated)

In the FOCO model, the franchise investor owns the business, while the company manages day-to-day operations. This model offers the following advantages:

• Expertise-Led Operations: The company brings its expertise to efficiently manage operations.
• Brand Consistency: Ensures uniformity in brand standards and customer experience.
• Reduced Operational Burden: Franchisees can focus on ownership without day-to-day operational hassles.

FICO Model (Franchise Invested Company Operated)

Similar to FOCO, the FICO model involves raising funds from investors committed to opening franchises. Key benefits include:

• Investment Focus: Franchise investors only invest in the business without getting involved in day-to-day operations.
• End-to-End Control: The company runs business operations with complete control of the supply chain.

COFO Model (Company Owned Franchise Operated)

In the COFO model, the company invests in the franchise business, and the franchise operates it according to the brand's directives. This model offers returns between FOCO and FOFO:

• Strategic Partnership: The company invests in business expansion, and the franchise operates it as per brand guidelines.

If you need to start a business or have any queries, our experts are available 24 hours a day to assist you. All you need to do is fill out the form on our website (www.vendolite.com). For more vending machine business-related blogs, stay tuned to Vendolite. We are here for your growth.