Best Franchise Opportunity: Now or Never

Updated: Mar 9, 2021

Do you want to be an entrepreneur? Are you searching for business opportunities? Have you thought about owning a franchise? Then now is the right time to do it.

Don’t worry, we have compiled a list of business opportunities and a small guide that you can look into.

Let’s dive right into it.

Initial Steps to Own a Franchise:

1. Select an industry: The primary step to have a business is to understand the key offering you want to cater to. Screen the industry and type of business that you are interested in. Make the move after thorough homework. Research is the key. Franchise Deal in Ahmedabad helps in guiding you at every step of franchising.

2. Franchise fee: This is the potential cost that initially a franchisee pays to the franchisor. It’s a one-time investment. A franchise agreement-which we will cover later in this blog is done by both parties before the commencement.

3. Market Condition: Study the current market condition before entering the business. Franchising is the best business opportunity in Ahmedabad only when entered with absolute knowledge and caution.

4. Franchising Agencies: There are myriad opportunities out there and it becomes overwhelming to know everything about them. Franchising agencies and consultancies like Franchise Deal comes into the picture. They have the industry knowledge to guide you and the experience to ensure a safe entry into a new business.

5. Franchising Agreement: Now, any business has its risks. Having clarified that, let us explain the importance of a franchising agreement. A franchising agreement is the assurance of a safe and trustworthy business. The agreement allows both parties i.e., the franchisor and the franchisee to have their negotiable grounds. It includes the terms regarding the costs of inventories, brand royalties, brand identities and the like. You must read and understand the terms before entering into the business together.

That might have cleared some of your doubts regarding franchising. Remember that Franchise Deal is always happy to lend you the necessary aid in franchising.

Best Franchises to Buy for your city

1. Tupperware

Initial investment: INR 15 Lacs – INR 18 Lacs

Franchise Details: Tupperware

A known brand like Tupperware assures a guaranteed return. It doesn’t have a huge initial investment. A household name and a global leader in kitchenware with a presence in over 100 countries across the globe.

2. Bagline INC

Initial investment: INR 30 Lacs – INR 45 Lacs

Franchise Details: Bagline-INC

A premium brand known in lifestyle and fashion is the best investment opportunity. If fashion speaks to you then Bagline-INC is the right option for you.

3. Drunken Monkey

Initial Investment: INR 15 Lacs – INR 25 Lacs

Franchise Details: Drunken Monkey

With more people adopting a healthier lifestyle, smoothie chains like Drunken Monkey can be fruitful for a business franchise.

4. K sera sera

Initial investment: INR 75 Lacs- INR 1.25 Cr.

Franchise Details: K Sera Sera

One of the pioneers in the concept of miniplex in India. It’s a good investment if the entertainment industry strikes a chord with you.

They support the franchisees with operations, training and other assistance regarding the business. Now, that’s nice!

5. PC Jeweller

Initial Investment: INR 7.5 Cr.

Franchise Details: PC Jeweller

Jewellery franchise can prove to be a profitable business opportunity. PCJ has a pan-India presence. You can’t go wrong with this brand. It’s a good retail opportunity if that’s what you are looking for.

The list can help you if you are looking for a low-cost franchise or a higher investment. To know more about franchising opportunities in India, contact Franchise Deal today!