Setting up a franchise is an attractive option for those looking to start their own business. However, it can be difficult to know where to get started. There are many popular franchises available that cost less than Rs 50 lakhs, making them more accessible than ever before.
One of the most successful franchises in this range is food delivery services such as Swiggy and Zomato which have seen tremendous growth over the last few years and require relatively low capital investment. Similarly, retail stores such as Subway or Anytime Fitness offer an opportunity for entrepreneurs who want to invest in a brand with an established presence across India without having too much financial burden on them initially.
Education-based businesses like tuition classes or language schools are also becoming increasingly popular due to rising demand from parents seeking supplemental education options for their children at affordable prices. Additionally, there are various service-oriented businesses ranging from beauty salons and spas to plumbing services that don’t require huge investments.