Bootstrapping refers to utilizing personal finances and the available resources to establish a business. Basically the process of bootstrapping is about self reliance and doesn’t allow the interference of any external investor.
Franchise business refers to purchasing the right to use the name of an already established brand for setting up the business in a particular area. Basically, a Franchisor who has successfully established a business in the market space becomes eligible to sell the right to use its brand name and trademark to franchisees.
The largest share of the Indian land lies with the Government of India. As per the reports presented by 51 union ministries and 116 of over 300 public sector enterprises, the government of India owns 15, 531 sq km of land (As per 2021).
Shein is the world’s largest fashion retailer as of 2022. Founded in 2008 by Chinese entrepreneur Chris Xu, Shien initially was not involved in manufacturing but in 2012 the company established its own manufacturing unit and supply chain.