Buying a low cost franchise is a good option for those who do not have surplus capital to buy and set up a large franchise, as it inevitably a good deal of investment in terms of fees, immovabl, merchandising, merchandise etc. Low-cost franchises require low first investment of to a bit degree Rs 10 lakh. So ambitious entrepreneurs who were in a quandary ascribable lack of cash in hand can rest and relax.
Franchising offers variety in low-cost franchises
With the evolution of franchising to its present stature, many companies have adopted the franchise route for expansion. Even small businesses which were earlier considered clumsy for expansion have taken the franchise route and have tasted winner in their journey. Kiosks are the best way to enter franchising in the low-cost way. Apart from taking a stall these are the best segments to enter franchising with low investments.
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Food industry
F&B industry always gives an impression of a hefty investment for taking any franchise. However this can be quite deceptive as there are few segments in that sphere which require to a bit degree Rs 10 lakh investment. These are:
Juice bars and cafbars:
Juice bars are becoming the in-thing with consumers becoming more health conscious. Tropical Sno, Mr Orange, Tornado Cocktails, Juice Lounge etc are some of franchised juice bars which come under low-cost. Similarly cafbars have become popular with more and more people preferring to have coffees and talk. The coffee culture is sure to increase in the future as well. Brewers, Coffee Day Xpress, Cupo' Cofe, CafDesire, etc are few franchise in low cost section.
Bakery and confectionery:
This segment also offers great avenues in winning high profits. Brands like, Waffle Express, Chocolate Graphics, Sweet World, Muffins Bakery, are some low cost attractive options under bakehouse and confectionery.
Ice-cream parlours:
Kwality Wall's, MiniMelts Ice-creams, Baskin & Robbins, Royal Ice-cream, Gelato Vinto etc are few some of the popular frozen desserts franchises.
Business Services
Business services also provide a low-investment and high- profit chance. Franchising in that sphere is growing tremendously. Few segments are given below:
Financial services:
As long as people continue to spend money, they'll need business services providers to manage cash in hand for them. Financial services franchises are the perfect chance for agents, brokers and immovabl dealers.
Courier Services:
The typical feature of courier service includes threshold booking, client convenience and security of each and every consignment that has been entrusted to it. Jaguar Couriers Franchise, Blazeflash Couriers, etc are some of the franchising companies under this category.
Cartridge fill againing: In the modern age of I.T, there is a constantly growing need of cartridge re-fills. A cartridge fill again franchise offers to its user's quality fill agains at a third cost. Current industry trends and future projections suggest that printer cartridges demand will continue to multiply at a in no time pace. Cartridge World, Cartridge Caf Cartridge Xpress are some of the good low-cost franchise options.
Consumer Services
Services like, dry cleanup, married status alliances, tour and travels fall into this category.
Dry cleanup services have come under the fold of franchise business in the last few years, and some franchisors are: White Tiger, Wardrobe Franchise etc.
Matrimonial sites:
Matrimonial web sites like Shaadi point and Shadilagn are acquiring more and more popular these days, and are offering franchise at low cost.
Travel companies:
With the economic upliftment of the folk in last two decades, the tour and travel industry has witnessed a phenomenal growth. Some of the franchisors offering low cost opportunities are East Trip Planners, Mahindra Holiday & Resorts, Arzoo.com etc.
Retail franchising
Retail sphere is other low cost franchise option for ambitious franchisees.
Artificial jewellery:
It can be the best alternative to precious jewellery, if one has the interest in it. Trenz, Dia Gold, Silver Maya etc are some costume jewellery franchises.
Florist is other category career for low investment. Ferns n petals, Florists, Fiore and many other companies are offering opportunities in setting up a florist shop franchise.
Before opting for any of the above options, clear all your doubts. Apart from your first investment, allow the current costs that must be paid to your franchisor, including franchise royalties, merchandising fees and other required purchases. After you are convinced go ahead and make your mark in the franchising arena!
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