Clearing the Rumor
There is a claim that the franchise concept necessitates a significant financial investment. Let's dispel this misunderstanding. The most profitable and viable form of business opportunity is franchising; all one needs to know is how to get a franchise. For INR 1 lakh, you may simply start a franchise.
The revenues from owning and selling a Franchise Business in India without Investment benefit both the franchisor and the franchisee. The franchisor can further develop the business in new markets, increasing market share and revenues once the franchisee has access to the brand's loyal consumer base, creative help, legal guidance, and training support.
Before entering this model, investors and enterprises must thoroughly investigate their potential business partners before signing the signed line. Sticking with well-known names and brands is safer for investors.
To learn more about business in India, we created our list of firms that don't require any capital. We used numerous sources to compile this list, including Franchise India, Franchisezing, and FAI. But, because all of the franchises on our list require no upfront investment and pay well, we discovered that the best method to rank them is by their names.
Mobile Food Truck
Food trucks are the simplest and most profitable business to start. The Indian food truck industry is worth more than $3 billion. You can tap into it as well.
With a one-lakh investment, you can easily start this business. Obtaining licences and permits will consume a significant portion of your money.
Other costs, such as obtaining raw materials, labour, and a commercial truck, would be minimal. Also, you do not need to purchase a four-wheeler because you can rent one.
You and 2-3 members of your family would be sufficient in terms of personnel. You can negotiate a lower price for raw materials by forming a partnership with a seller.
For example, you can obtain the franchise of Sarah Foods Pvt Ltd, Quick Super Bites, TeaGo, Chocobite, ChaiHoJaye etc under Rs.1 Lac.
Pest Control Services
Growing call for Pest Controllers from houses and business homes has made Pest manipulate providers a completely beneficial commercial enterprise. If you're capable of setting up a customer base then your commercial enterprise can thrive in a brief duration of time. Here are the subsequent prerequisites.
Business Registration: You must apply for company registration as every other commercial enterprise.
License Required: A License to be used of Restricted Insecticides for Commercial Operators from Central Insecticides Board.
Tools: All you want is chemicals, cages and a net.
Manpower: You want to rent a few licensed individuals.
Advertisement: In starting, you purchased to put it on the market your commercial enterprise in neighbourhood newspapers.
For example, Kleenify, Pesto Relief, IPMS, Caro Safe, Spy Fumizix etc.
Tailoring and Laundry Service
The tailoring and laundering industry demands a small initial investment. You only need a few sewing machines and a crew of three to four workers to begin a tailoring shop.
That is all there is to it.
Cloths can also be washed and ironed. You can make a deal with a DhobiGhat to have your clothes washed in bulk at a lower price.
It is fairly simple to start a tailoring and laundry business.
For example, WhiteTiger, MaxClean, ChemDry, LaundryAnna, LaunSmart etc could be some great franchise opportunities under Rs.1 lakh in this industry.
Shop for Flowers
Opening a florist shop is another excellent business idea. Flowers are utilised for religious purposes as well as to present or gift someone on important occasions in India.
Flowers are required to embellish every home or office's tiny temple on the inside.
You can get various kinds of flowers for a lesser price from farmers/wholesale markets and offer them to clients for a higher price with a fair profit margin.
For example, Floralis, Beyond Petals, Natures Mania, Blossom Talks, Exotica etc are some franchise options for flower business under 1 lac investment.
Suitable in cities like Mumbai, New Delhi, Bangalore etc. where you can go for company registration in Mumbai or Bangalore.
Brokerage services for Real Estate
You can surely start your own franchise of a Real Estate Brokerage agency if you live in a metropolitan city and have solid relationships.
The concept is to make money by charging the landlord and the tenant separately. Therefore, set everything up for them and set up a meeting between the landlord and the tenant, and if they both agree, the deal completes.
You get one month's rent as a brokerage for rental (staying for rent) and 2% of the amount from both sides if it's outright (purchasing the flat).
For this purpose, you only need an office space and one or two individuals to help you get started.
For example, RedCoupon, Piwork etc.
Advantages of Franchise Business in India without Investment
The following are some of the main advantages of opening a franchise business in India:
Reduced operating costs
Local Business Expertise
Expansion in a Hurry
Branding
Technical know-how and training
For the franchisee, there is less risk.
Access to capital is simple.
Things to think about before buying a franchise
1)Market Requirement- You must first comprehend the market requirement, as well as the many brands available, before deciding on one. Do not go into a business without first conducting a thorough investigation.
2)Cost and Setup Expenses- There are a variety of fees, including refundable, non-refundable, training, licence fees, and start-up fees. Look for the ideal location and then analyse other costs such as interior, furnishings, labour, and other fixed costs before making a selection.
3)Restrictions- The franchisor provides a number of guidelines, such as salary, number of employees, items, and prices. As a result, conduct a thorough study before deciding on a business model.
Conclusion
It could be an excellent option if you're interested in joining India's economic ranks and start a Franchise Business in India without Investment.
However, before you get too enthusiastic, you'll need to clear several hurdles before you can begin conducting business in another country.
According to Trak, you'll need to go through numerous processes to receive clearance, including possessing a valid passport, filling out a tonne of paperwork specific to your business, and paying costs.
On a positive note, India continues to demonstrate its status as a significant global economy year after year.
According to the Economic Times, the country's stocks and investments expects to expand significantly in the coming year.
