India has many low-cost franchise opportunities that entrepreneurs can go for. Taking a franchise is a good option for entrepreneurs who don’t want to risk their money in starting a business from scratch. When you purchase a franchise, you need not require any specific industry experience to run the business. The franchisor will provide you with all the training and necessary skill development that will be relevant to your industry.
There are many industries that can be considered if you are looking for franchise opportunities. Let’s first discuss how can one choose the best franchise option in India.
How to Choose the Best Franchise Option?
Choosing the right franchise option is much more important than signing the franchise agreement. You will be a part of the brand once you sign the agreement. So given below are some effective tips that will help you choose the best franchise option for entrepreneur business ideas.
- Research comprehensively about the brand
- Go through the franchise model of the brand
- Understand the working and franchise expectations of the brand
- Get a complete understanding of infrastructure requirements
- Check if the franchise fits your investment range
Once you check these options, you will get an idea if your shortlisted franchise option will be suitable for you. Enlisted below are some of the popular franchise areas in India that are low in cost as well.
Most Popular & Profitable Low-Cost Franchise Business Opportunities in India
Enlisted below are some of the popular franchise options in India that are low in cost as well.
- Fast Food
- Electric Vehicle
- Language Schools
- Study Abroad Consultancy
These enlisted low-cost franchise business opportunities in India have become increasingly popular in recent times. The gaining popularity has also accelerated the chances of the business becoming a successful one. There are umpteen franchise opportunities in the education sector, let’s discuss some of them.
Trendy Franchise Opportunities in the Education Sector
Some of the renowned pre-schools in India provide franchise business opportunities at low costs. These franchises require school space ranging from 1500 – 3000 square feet. The franchise cost for preschool starts at 10 lakhs.
2. Coaching Classes
Coaching classes business is immensely popular in India. The academic requirements of the students make this business a profitable one as well. Some of the most reputed coaching institutions in the country readily provide franchises for different locations in India.
3. Language Schools
Globalization has affected the world in different ways. In the education sector, this has led to increased demand for foreign language schools. To cater to the growing demand, there are many language schools that provide franchise opportunities in India. The initial setup cost can start from 12 lakhs.
4. Study Abroad Consultancy
Taking a study abroad franchise is a good option for entrepreneurs willing to be a part of overseas education services. This is a popular and profitable business option in the education sector. The return on investment is quicker and the franchise cost of study abroad consultancies starts from 10 lakhs.
Taking a franchise is undoubtedly one of the most popular business options in India. If you don’t want to invest a hefty sum of money in your business, you can choose any of these low-cost franchise businesses that are quite profitable.
Get started with your research to get the most suitable franchise in India.
Read further about the Top Benefits of Becoming a Study Abroad Recruitment Partner in India