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Franchise Business in India: If you are troubled by the 9 to 5 job and want to earn big money by starting your own business, then this news can be special for you. Here information is being given about the franchise business of some brands, where you can earn good income by investing less money. However, to start any kind of business, you must have some money.
Franchise business is a business where you can take license from pharmacies like Apollo and Sanjivani to brands like Domino’s and Amul ice cream. Also you will be given branding, product, support and training. However, for this you will have to pay some money and will also have to pay royalty fees from time to time.
Franchise business below Rs 50 lakh
Here information was given about some such franchise business, with which you can make a good income.
- You can take franchisee of fast food brand of any top company, because fast food business is an all season business and it can earn you lakhs.
- You can take franchisee of any vehicles. However, you try to take the franchisee of such a brand, which has high demand in the market.
- You can also take franchise of laundry and dry clinic, it is necessary to choose the place.
- The demand for beauty products is everywhere and all the time. In such a situation, you can do business by taking franchisee of any beauty company.
Keep capital ready to take franchisee
If you want to buy a franchise, then you must have at least 50 percent of the initial investment. However, if the amount is 70 percent, then it will be better for you. The company will demand the source of income from you and will also try to see where you want to start the franchise and whether there will be income or not. If the company does not understand, then the deal can also be cancelled.
Can take loan from bank
If you have capital then this would be a better option, but if there is not enough capital then you can take a loan from the bank. Especially if your investment is less than Rs 40 lakh, then you can take a loan. Experts believe that before starting any business, you should have at least six months of capital ready.
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