Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

Here Are Five Reasons Why Franchise Opportunities Are Gaining Popularity Among Start-Ups

Franchising Is Currently Riding A Wave Of Global Growth Unparalleled In Its History.

By Content Writer
Here Are Five Reasons Why Franchise Opportunities Are Gaining Popularity Among Start-Ups

When you think of start-ups, franchise might not be the first thing to strike your mind. But the terms "start-up" and "franchise" make a great combination. Owning a Franchise can provide the perfect vehicle for start-up entrepreneurs for achieving financial success. Here are a few reasons why franchises are gaining a lot of momentum among the start-up community.

Quick Startup

For starting your business from scratch you will be crossing many hurdles. Many start-ups face difficulties in bootstrapping their business during the initial period. By investing in a franchise, start-ups can reap the rewards of having a tried and tested business model.

Franchise also provide an additional benefit of already established supplier connections with competitive pricing. There are various service-style franchises which don’t even require real estate for their start-ups.

Guidance and support

There’s a long list of licenses and regulations every business must follow to start their venture. When your start-up is a franchise, you will be getting extensive support from your franchisor. Your franchisor will help you navigate these hurdles.

Many franchisors provide the complete package to start the business (including equipment, supplies and training) and the franchisee executes the plan. Buying a franchise allows start-ups an ideal balance between being independent and receiving guidance.

Brand Recognition

In today’s highly competitive market, Recognised and reputed brands rule the industry. Start-ups have to work hard to establish their name and sustain amidst them. Choosing a franchise makes it easier for your brand to stand out above your local competition.

Along with a reputed name, you will also get a loyal consumer base. There is an immediate trust level that comes with name recognition.

Lower rate of Risk

There are still a number of risks involved in starting a business. But buying a franchise, on the whole, is less risky than starting a business from scratch. When a start-up entrepreneur invests in a franchise, they are aware of the fact that the business model has already achieved success. There will be less guesswork and no trial and error.

This is one of the greatest advantages of buying a franchise, as you will spend less time and investment in launching your business. Even when your business is brand new to an area, the reputation of the franchise brand can create the initial word of mouth promotion, highly vital to success. Thus, there will be higher chances of success.

Scalability

One of the major advantages of starting a franchise is the scalability factor. Franchise allows an entrepreneur to expand the business more effectively and efficiently.

A franchise system is based on the principle of replicating a proven business model, they are easily scalable in multiple ways. You can scale your business geographically by starting in one area and gradually expanding to multiple locations.

Comment
image
image
image
image
Related opportunities
  • Ice creams & Yogurt Parlors
    About Us: Established in the year 1956 at Fatehpuri Delhi, Giani..
    Locations looking for expansion New Delhi
    Establishment year 1956
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 80 sq ft-300 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi New Delhi
  • Guest House / Service Apartments
    About Us: A neoteric conception, U HOSTELS offer a plush accommodation..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Bakery & Confectionary
    About Us: tylish & quaint, Sassy Teaspoon is the quintessential go-to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Adventurous Sporting
    About Us : The Sports Gurukul (TSG) is Mumbai’s first of..
    Locations looking for expansion Maharashtra
    Establishment year 2002
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
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