Stuck in your 9 to 5 job? Thinking of starting your own business? Daydreaming of profitable future ahead?
If the answer of all the questions above is yes, this article is for you.
Starting your own business usually requires a management degree, good amount of money in the bank or sometimes prior knowledge of business you are about to start. Also, you need a strong plan to execute and zeal to make it a big success.
However, the other side of coin is not so bright; establishing a brand from scratch is not a piece of cake. Not everyone has a knack to transform a business idea to a full-fledged empire.
The best option is to opt for franchise business. No doubt, future of franchising businesses is quite promising.
Before I start, let me give you a small brief about what exactly is franchise business:
What Is Franchise Business?
Franchise business is a type of business model where you take franchise of a particular brand; by taking franchise I mean, you can use their brand name, company’s business model, products and services and in return you have to invest a starting capital and franchise fee of that particular brand.
Franchise businesses are seen as best options because these companies have already marked their footprints in the market, they have gained customers as well as a brand image in the industry.
Here I am sharing Top 5 Franchise businesses which are currently in boom to invest in:
- ClearDekho Optical Store:
Cleardekho eyewear private limited is one of the leading budget optical retail chains in India with 45+ stores in 10+ cities. The brand is into selling high-quality eyeglasses, sunglasses and contact lenses at very affordable rates.
The brand focuses on Tier 2, Tier 3, and Tier 4 small towns and cities.
The brand is offering franchise on FOCO model i.e. Franchise Owned Company Operated.
ClearDekho is looking for franchise partners to expand across the country, an investment of Rs 11 lakhs is required to acquire a cleardekho franchise.
To apply for franchise, you can visit https://www.cleardekho.com/franchisee/
- Baskin Robbins Ice-cream:
If you want to open franchise in food industry, go for Baskin Robbins. It is one of the leading ice-cream chains offering plethora of flavorful ice-creams.
Baskin Robbins started their operations in India in the year 1993 and has around 680+ stores in India. If you want to take Baskin Robbins franchise, a minimum investment of Rs. 14 lakhs is required.
To apply for franchise, you can visit https://www.baskinrobbinsindia.com/.
- First Cry Apparels
FirstCry is one of the leading baby and kids clothing brands offering affordable baby products. The company sells 200+ top-notch brands. The company has 40+ franchise stores till date.
The company is looking to expand all over the country. To get a First Cry franchise, Rs. 20 lakhs investment is required.
To apply for franchise, you can visit https://www.firstcry.com/franchise.
- Jawed Habib
Jawed Habib is one of the leading salon chains that are offering hair and beauty services through the company’s owned and franchise outlets.
The company has a vision to provide excellent hair styling and beauty services. Currently, the company has 450 salons in 90 cities across India. To get a Jawed Habib franchise, Rs. 20 lakhs investment is required.
To apply for franchise, you can visit https://www.franchiseindia.com/brands/Jawed.17518.
Chai-Point is one of the leading brands that is offering high-quality tea across the India. The company is the largest retail chai chain in the country.
The company has 100+ stores in 8+ cities. To get a chai-point franchise, Rs. 25 lakhs investment is required.
To apply for chai-point franchise, you can visit https://www.franchiseindia.com/content/chai-point.
FINAL WORDS –
I must say, franchising a business gives you wings to fly high in the sky with your dream to be a successful business owner.
Here I have picked one of the best franchise businesses that are currently gaining momentum and looking for aggressive expansion as well.
Choosing a franchise business to join hands is totally upto your taste and choice. I hope this blog will definitely help you in making your decision easy.