Business Ideas – Best 2 Franchise Business That Can Start With 5 Lakh – Franchise Business – Business Ideas 2023
Franchise businesses have become a popular way for entrepreneurs to start their own businesses with the support and backing of an established brand. A franchise business is a business model in which an individual, known as the franchisee, purchases the rights to use an existing business model, brand, and products/services from a franchisor. In return, the franchisee pays an initial fee and ongoing royalties to the franchisor.
Franchise businesses can offer several advantages, including a proven business model, established brand recognition, and ongoing support from the franchisor. Franchisees also benefit from the marketing, training, and operational support provided by the franchisor, which can help them succeed in their business venture.
There are various types of franchise businesses available, including fast-food chains, retail stores, service-oriented businesses, and more. The investment required to start a franchise business can vary widely, depending on the type of franchise and the franchisor.
Franchise businesses have several key benefits, including reduced risk and increased likelihood of success. Franchisees can avoid the trial-and-error process of starting a business from scratch and benefit from the franchisor’s established systems and processes.
Franchise businesses that can be started with an investment of 5 lakh or less are available in various industries. These franchise opportunities allow entrepreneurs to start their own businesses with the support and backing of an established brand. While the investment required to start a franchise business can vary depending on the type of franchise and franchisor, starting a franchise business with a lower initial investment can provide a cost-effective way for entrepreneurs to gain access to a proven business model and support system.
However, it’s important to carefully research the franchise opportunity and the franchisor before investing in a franchise business. Franchisees must adhere to strict guidelines and regulations set by the franchisor, and ongoing royalties can be a significant cost for the franchisee. Additionally, franchisees may have limited control over the business, including product offerings, marketing strategies, and operational decisions.
Overall, franchise businesses can be a viable option for entrepreneurs looking to start a business with the backing of an established brand and support system. With the right research, planning, and execution, a franchise business can provide a path to success and financial independence.
1) Amul Franchise Businesses Center
Amul, one of India’s largest dairy product manufacturers, offers franchise opportunities for individuals looking to start a business with an investment of 5 lakh or less. The Amul franchise business model provides a cost-effective way for entrepreneurs to access a well-established brand and support system in the dairy industry.
Amul, also known as the Gujarat Co-operative Milk Marketing Federation Ltd., was founded in 1946 with the aim of empowering farmers and providing them with a fair price for their milk. Today, Amul is a leading dairy product manufacturer with a wide range of products, including milk, butter, cheese, ice cream, and more.
The Amul franchise model is designed to provide individuals with a low investment opportunity to start their own business in the dairy industry. The franchise model offers three different types of franchise opportunities: Amul Preferred Outlet (APO), Amul Railway Parlor (ARP), and Amul Kiosk.
The Amul Preferred Outlet (APO) is a retail store model that offers a wide range of Amul products, including milk, butter, cheese, ice cream, and more. The APO franchise model requires an investment of around 5-6 lakh, which includes the franchise fee, interior decoration, and initial inventory. The franchisee must also provide a suitable location for the store and bear the operational expenses.
The Amul Railway Parlor (ARP) franchise model is designed for individuals interested in starting a business at railway stations. The ARP model requires an investment of around 2-2.5 lakh, which includes the franchise fee, interior decoration, and initial inventory. The franchisee must also provide a suitable location at the railway station and bear the operational expenses.
The Amul Kiosk franchise model is designed for individuals interested in starting a small business with minimal investment. The Kiosk model requires an investment of around 1 lakh, which includes the franchise fee and initial inventory. The franchisee must also provide a suitable location for the kiosk and bear the operational expenses.
The Amul franchise model provides several advantages to franchisees, including a well-established brand name, a wide range of products, and ongoing support from the franchisor. Amul provides franchisees with training, marketing support, and operational support to ensure the success of the franchisee’s business.
Additionally, Amul has a strong distribution network, which enables franchisees to receive a regular supply of products and ensures that the products are fresh and of high quality. Amul also provides franchisees with promotional offers, schemes, and other incentives to help them grow their business.
Overall, the Amul franchise model provides a cost-effective way for entrepreneurs to start a business in the dairy industry with a low investment. The franchise model offers several advantages, including a well-established brand name, a wide range of products, and ongoing support from the franchisor. With the right research, planning, and execution, an Amul franchise can provide a path to success and financial independence.
2) DTTC Franchise Businesses Center
DTTC, or Don’t Tell Mama Café, is a popular franchise business opportunity that offers entrepreneurs the chance to start their own café business with an investment of just 5 lakh. The DTTC franchise model is designed to provide individuals with a low investment opportunity to start their own café business, backed by a well-established brand and support system.
Don’t Tell Mama Café is a café chain that was founded in 2015 with the aim of providing customers with a cozy and comfortable environment to enjoy great food and beverages. The café offers a range of items on its menu, including hot and cold beverages, snacks, breakfast items, and more.
The DTTC franchise model offers two different types of franchise opportunities: Café and Kiosk. The Café franchise model is designed for individuals interested in starting a full-fledged café business, while the Kiosk model is designed for individuals interested in starting a smaller business with minimal investment.
The Café franchise model requires an investment of around 5-6 lakh, which includes the franchise fee, interior decoration, and initial inventory. The franchisee must also provide a suitable location for the café and bear the operational expenses.
The Kiosk franchise model, on the other hand, requires an investment of around 2-3 lakh, which includes the franchise fee, interior decoration, and initial inventory. The franchisee must also provide a suitable location for the kiosk and bear the operational expenses.
The DTTC franchise model provides several advantages to franchisees, including a well-established brand name, a unique and innovative concept, and ongoing support from the franchisor. DTTC provides franchisees with training, marketing support, and operational support to ensure the success of the franchisee’s business.
Additionally, DTTC has a strong distribution network, which enables franchisees to receive a regular supply of products and ensures that the products are fresh and of high quality. DTTC also provides franchisees with promotional offers, schemes, and other incentives to help them grow their business.
Overall, the DTTC franchise model provides a cost-effective way for entrepreneurs to start a café business with a low investment. The franchise model offers several advantages, including a well-established brand name, a unique and innovative concept, and ongoing support from the franchisor. With the right research, planning, and execution, a DTTC franchise can provide a path to success and financial independence.
However, before investing in any franchise business, it is important to do thorough research on the franchisor, the industry, and the market demand. It is also essential to have a clear understanding of the franchise agreement, including the terms and conditions, fees, and obligations. A potential franchisee should evaluate their own strengths and weaknesses, and determine whether they have the necessary skills and resources to operate a successful franchise business.
In conclusion, the DTTC franchise model offers a promising opportunity for entrepreneurs looking to start their own café business with a low investment. With the right approach, a DTTC franchise can be a lucrative and rewarding venture, providing financial independence and personal satisfaction.
