Advantages of Franchise Business in India

 In 1990, with the commencement of the era of liberalization in India, educational companies and IT companies started franchise Businesses in India. The expansion was initially slow but gradually grew immensely successful. Franchise business in India then displayed a great deal of growth and results. 

Let’s take a look at the various advantages of the Franchise Business in India:

Establishment: Unlike startups and other businesses, the franchise industry has a major advantage for the players as the business model, products, and services are already established. Because it is easier to run a planned operation, this is advantageous. For example, the best playschool franchise business in India will aid you in the curriculum design, facility, and other aspects of the Business. 

 Support: New and both established franchisees provide initial training and support for financial planning. This is just one of the reasons why the sector has achieved success worldwide, including in the Indian subcontinent. Bubbles Playway, being the best playschool franchise business in India supports your venture in all ongoing aspects. 

Costing: Though sometimes you get financial support, even if you don’t, it may cost less to buy a franchise than to initiate a startup. With Franchise ownership, you get reputation and image, proven management and work practices, access to national advertising, and ongoing support.

Growth: While the industry is in its budding stages in India as compared to other trades, there has been a 30% annual growth in the sector. 

The market is projected to reach INR 10,500 billion by 2022, growing at a CAGR of 24%. Best playschool franchise business in India, Bubbles Playway is rapidly expanding and ever-evolving.

 Low Failure Rate: 90 % of the Indian start-ups fail within the first five years. While only 15% of franchises failed. Because of the low risk & costs, the model is efficient and more appealing.   

 Privatization: There has been rapid privatization in the country across all fields. This has led to a huge opportunity for growth. Also, there has been a constant rise in the arrival of global brands in India. 

 To invest in the Best playschool franchise business in India is a golden opportunity if you wish to reap the fruits of being a part of an established and progressive Institution. 

Stat Sources: https://www.franchiseindia.com/