Let’s dig out the best business opportunity with minimum investments and the highest returns. But before that let’s start with the facts! With humble beginnings in the 1990s post liberalization of the Indian economy, the Indian franchise industry has grown by leaps and bounds since then to become the second-largest franchise market in the world after the US, with an approximate size of more than $50 Bn today.
It has emerged out of its first phase in which the well established foreign companies unleashed the potential of the Indian franchises and taking cue from this, the indigenous companies are now increasingly adopting the franchise models to grow their business and that of their associates.
Specially intended to help the MSME (micro, small and medium enterprises) business community while they search the space for online business ideas or business ideas with low investment, this article will help them make an informed decision on this front especially in the EdTech sector of India. Their new ideas of business, as well as their search for ideas of low investment high return business, will thus find the right direction.
Let us understand what is a franchise and a franchise before understanding how can you start your own profitable business in India!
What is a Franchise?
A franchise is a kind of business authorization/license given by a popular brand/company to a third party which then uses the products, services, business knowledge & expertise, trademark, business name, customers, etc. of the original company to carry on their own ventures.
What is a Franchisor?
The original company is called the franchisor and the one which gets the license is called franchisee/franchise. In exchange for acquiring a franchise, the franchisee usually pays the franchisor an initial start-up fee and annual licensing fees.
Benefits Of A Franchise
A franchise model helps all stakeholders involved, the franchisor gains by increasing his geographical spread, the franchisees benefit by getting to start their own business by using the business expertise of the franchisor without having to take the risks involved in starting his own enterprise from scratch and the customers are also benefitted by getting easy and affordable access to valuable product/service being offered.
Benefits of Studynlearn Franchise Business Opportunity
Having understood the basics of franchising, let us now expound how associating with StudynLearn via a franchise can be a lucrative business opportunity and the most profitable business in India.
Taking into account that EdTech is one of the brightest spots in India’s business ecosystem with its total market size expected to reach $10.4 Bn by 2025 and its accelerated adoption during the lockdown of 2020, make this sector attractive and most profitable business in India not just for entrepreneurs but also for investors.
This is proven by the fact that while the total investments in the Indian EdTech sector from 2014-19 were $2.2 bn, for the year 2020 alone the total investments were more than $1.4 bn. And we at StudynLearn have been a witness to an exponential rise in the acquisition of new customers as well as renewal of old memberships.
Another advantage of having a footprint in EdTech business sector part from being the most profitable business in India is that it is a recession-proof business as has been proven by the recent COVID-19 and the resulting lockdown. This entails the fact that education and Information Technology (IT) are the two domains that are always in demand and have penetrated our lives so much that it is almost impossible to do without them.
StudynLearn through its successfully proven business model offers its franchises to reap the benefits from this fertile ground of the EdTech sector at the present opportune time and helps you start the most profitable business in India.
Low Investment High Return
The most essential factor that helps our business associates grow along with us, is the high rate of gain that they can get from making relatively smaller investments when viewed from the prism of ROI i.e. Return on Investments.
This, apart from the operational training we offer them is invaluable in terms of total handholding from explaining business model to offer leads to running advertisements to campaigning, etc.
Our business opportunity helps them scale their business and build a loyal customer base in no time which in turn contributes to the long-term profitability and sustainability of their businesses. And this customer base will be enough to ensure recurring income for our franchisees given the Repeat Business Model and high customer retention rate that this sector in general and our quality product in a particular offer.
The growing interest of investors and the Philip offered to online education by the government will open wide the largely untapped markets in India which will ensure high demand and thus greater scale and profit margins for the franchisees.
The increasing adoption and application of disruptive technologies like Artificial Intelligence, Machine Learning, Cloud Computing, etc. will ensure that EdTech continues to be one of the most innovative and unique domains to offer futuristic business opportunities. Give closure to your search for Low Investment Franchises. Join us now and start your own low investment high return business.