low cost businesses 2020-12-18

Best Low-Cost Businesses for Post-Covid Era

Despite the adverse effects of the pandemic on the overall economy, there are certain segments and businesses which have continued to grow and offer excellent low-cost opportunities for business seekers. Read on to know the best low-cost business opportunities and what is required to get started.

By Content Writer
Best Low-Cost Businesses for Post-Covid Era

Coronavirus has incited exceptional interruptions across various franchise businesses globally. From suspending flights to restricting the travelling of people and vehicles, it has had a huge impact on the Indian economy since the Great Depression. Probably all the economies around the world are battling to cope up with a situation in the wake of an unprecedented demand shock and a closure of all key economic activities that drive development. 

However, some entrepreneurs are leveraging these circumstances as an opportunity to invest and grow the business. In fact, low-cost franchises appear to be a great opportunity. Low-cost franchises have many benefits and a lot of reasons why you should opt for one, as they are affordable, can bring faster profit, don't require a lot of staff, and have low risks and high scalability.

For these low-cost franchises, the pandemic has surely provided a fruitful ground for great development that will become the norm in a post-Covid-19 world. Here's looking at the best low-cost franchises in India: 

Edtech 

Online education, tutoring, and web courses have become the need of the hour when schools and educational institutions are not open. The online education sector is noticing sudden attention from people of various backgrounds. People are looking towards options of regular online teaching and learning.

Further, people are scared to send their children and youngsters to places where social distancing can't be followed and henceforth the Edtech franchises are tapping on each conceivable element they can. Edtech segment offers some best low-cost franchises, to begin with. It requires a business mind and a will to achieve your goals. A few of the best low-cost franchises in the Edtech sector are Topper Learning, upGrad, Whitehat jr., and so forth. The initial investment can be from Rs 6-30 lakhs. 

Food Supplements 

With the ongoing situation of covid-19, it's a great opportunity for entrepreneurs to invest in the food supplements franchises. It is one of the best low-cost franchising options available today.

With the Covid-19 scare, people are getting serious to increase their immunity and are looking forward to options to keep them healthy and fit. Hence, food supplements are seeing increasing demand from consumers and could be a good franchise option. There are some best low-cost franchises in the food supplements segment in which one only needs a good knowledge of supplementation and nutrition. Franchises of brands such as BBI, NEULIFE, and Balance Nutrition require an initial investment of Rs 10 to 20 lakhs.

Logistics and Delivery

As the public lockdown was forced across the nation and social distancing became a norm, Logistics and Delivery services became crucial for people’s lives and business continuity. This is one of the few sectors which saw robust growth in these difficult times too. This is the reason people are investing in Logistics and Delivery based franchises and making good profits.

Logistics and delivery firms have also modified their processes to offer zero-contact deliveries and are following covid-19 guidelines. Few of the low-cost franchises in the logistics and delivery sector are DTDC, Delhivery, Inxpress, Ekart Logistics, Tracxpress Distribution Solutions. Their initial investments can be from Rs 2 to 10 lakhs.

Pharmacy Stores 

Another significant business area which is picking up considerably is pharmacy stores. Indeed, pharma stores in proximity have become a necessity owing to the current pandemic as people are highly concerned about their health. People of every age are taking medicines and immunity boosters to keep up with their health. Hence, pharma stores offer a bright and profit-making franchise opportunity for entrepreneurs.

A few of the low-cost pharma store franchise opportunities include Dava India, Medplus, and Sanjeevni Medicos. The initial investment for these franchises starts from Rs 2-3 lakhs and can go up to Rs 15 to 30 lakhs.

Pathological labs

Pathological labs and collection centers have been high demand business prospects with the growing patients and awareness towards preventive health check-up. Moreover, the Covid-19 pandemic has proved to be a great accelerator of the pathological lab business with thousands of patients lining up to get them tested for corona.

Hence, pathological lab franchises present a big opportunity to tap for business seekers. Few of the prominent brands offering franchises for collection centers include Apollo Diagnostics, SRL Diagnostics, and Dr. Lal pathlabs. The initial investment required for collection centers is Rs 3-5 lakhs.

While the economic conditions are improving fast, experts see a far-reaching unemployment scenario for the next few quarters. The low-cost franchises mentioned above present a bright opportunity that caters to the essential commodities and are witnessing high demand. One can easily go for any of the above mentioned low-cost franchise options without any doubt as they will keep on sparkling even in the cloudiest of weather.

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • Milenum e mega mart pvt ltd is one of the..
    Locations looking for expansion Orissa
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bhubaneswar Orissa
  • Quick Service Restaurants
     Falafel’s has pioneered the segment and is market leader today! From..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Organic Products
    Lumiere is one of the pioneers in organic agriculture, retail..
    Locations looking for expansion Haryana
    Establishment year 2012
    Franchising Launch Date 2021
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Tea And Coffee Chain
    About: Zealong’s latest endeavour a Quick Service Restaurant, Chai Central! Chai..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Haryana
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads