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What business can I start with 20 lakh?

What business can I start with 20 lakh?

Here are some of the small profitable business ideas that can be set up as a franchise business under 20 lakh in India.

  • H2O Sports Franchise.
  • GoalSquad Sports Shop Franchise.
  • Playmart Sports shop.
  • Yoova Mart Sports shop.
  • Retail Franchise.

What is the most profitable franchise to open?

Most Profitable Franchises

  • Dunkin’
  • 7-Eleven.
  • Planet Fitness.
  • JAN-PRO.
  • Taco Bell.
  • Orangetheory Fitness.
  • Great Clips.
  • Mac Tools.

Are Franchise Owners Rich?

The bottom line is that while a franchise can make you independently wealthy, it isn’t a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

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How much does it cost to start a franchise in India?

Franchising is the most profitable and feasible form of business opportunity; one just needs to know how to obtain a franchise. You can easily start a franchise for INR 1 lakh.

Which is the best franchise under 10 lakhs in India?

Best Franchise Business Ideas Under INR 10 Lakhs. 1 1. Courier & delivery. InXpress. 2 2. Pre-School. Wow Kidz and DPS Global Playschool. 3 3. Wraps & rolls. Kathi Junction, RollaCosta, and Kathi Express. 4 4. Salon. Louis Unisex Salon and Studio99. 5 5. Gifting. Ferns N Petals.

What is the difference between a franchiser and a franchisee?

The franchiser is the owner of the larger company who sells the rights to license their business, and the franchisee is the third-party owner and operator of the business locations. You’ve done business with a franchise before, even if you don’t know it.

What are the most profitable franchises to start?

The country’s government is also concerned about pollution. Therefore, Recycling and environment-friendly businesses are found among the trendiest and the highest profit franchises.