Every investment entails some level of risk. Investing in the right place is therefore critical. Looking for a place to invest but unsure where to start? Here are a few business franchises in which you can invest with confidence. People look for business ideas, but they are unsure whether their venture will be successful, so they are hesitant to take a risk. However, the risk factor is lower in a franchise business because you get a well-established brand business model. Most people believe that starting their franchise will cost them a lot of money, but the reality is quite the opposite. Anyone can start a franchise business for little or no money. India is one of the South Asian countries’ leading commercial and economic hubs, and many international entities are coming to the country with various franchise opportunities.
1. Patanjali
In 2006 Baba Ramdev and Acharya Balkishan founded the company Pantajali. The first product lines of the company were herbal and Ayurvedic items. After achieving great success in this field, Patanjali expanded its business into other areas, including beauty products, health care, personal care, food products, and much more. Their revenue has now surpassed 200 crores, and they have established themselves as one of the most value-added products in the FMCG market.
2. Domino’s
Is there anyone who hasn’t heard of this corporation? It is one of India’s most well-known pizza chains, with over 500 locations across the country. It was founded in 1960 and has grown to become the most well-known and largest pizza delivery service brand. Jubilant FoodWorks Limited owns it and distributed in over 120 Indian cities. To take on this franchise, you must have a minimum space of 1500 Sq Ft and a minimum investment of 30 lakhs. You must also work with them.
3. First Cry
First Cry is the most profitable baby brand franchise, specializing in infant apparel, toys, and accessories. They offer high-quality goods at reasonable prices, and as a result, they have amassed a sizable customer base in recent years. They are known for their good quality, and people prefer this over other brands available in the market.
4. Archies
Another well-known retailer of gifts, cards, artwork, accessories, home decor, and other merchandise. If you plan to start this, it can be a very profitable business. Over 500 national and international locations sell gifts for special occasions and holidays. You will earn a lot of money with a small investment.
5. PMKVY Franchise
A flagship scheme launched in 2015 by Mr. Narendra Modi, the current Prime Minister of India. This scheme’s goal was to assist India’s youth in developing various skills. The primary goal of this skill certification scheme is to allow many Indian citizens to participate in industry-related skill-based training that will enable them to earn a better living. This is an opportunity that you should not pass up. This program has a four-year duration and a four-year goal of skill development for over one crore youth.
6. Dr. Batra’s Clinic
Homeopathy has been known to treat various illnesses in India for centuries. Dr Batra’s clinic is one of the largest chains of homoeopathy clinics, serving millions of people with natural therapies. They are currently located in five countries: India, the United Kingdom, Dubai, Bangladesh, and Bahrain. It is a well-known and trustworthy brand that employs qualified personnel and professionals. They are expanding with each passing day, and you may want to consider becoming a franchisee.
7. Lakme Business
One of the leading brands in women’s beauty products, founded in 1952 and has since gained a large fan base due to its products and customer service. Lakme is a Hindustan Unilever brand with over 150 stores in over 75 cities across India. They also operate their salon under the name of their franchise.
8. KFC
Many of you probably heard the phrase “Kentucky Fried Chicken” for the first time; yes, KFC’s full name is Kentucky Fried Chicken. KFC first opened its doors in the United States in 1939. With over 20,000 branches worldwide, it has become a well-known entity worldwide. It operates in over 115 countries and is ranked 201 on the Fortune 500 list. They offer chicken, non-vegetarian, and vegetarian snacks, burgers and cool beverages. It serves over 12 million customers per day, which is enormous.
9. FabIndia
FabIndia is preserving India’s culture and passing it on to the Indian consumer via precision in handcrafts and local artisan work. FabIndia offers readymade garments and accessories for men and women, as well as kitchen lines, floor coverings, upholstery, and fabric curtains, among other things. One of the most well-known franchises, with a large customer base.
10. MRF tyres
Yes, you may have noticed that brand on your favorite cricketer’s bat, or if you haven’t, you must have seen several advertisements for MRF car tyres on your television. The Madras Rubber Factory is the 14th largest tyre manufacturer in the world. In India, there are at least 5500 dealerships for this brand, with two out of every three dealerships being exclusive outlets.