Market Trends And Business Opportunities

By Author: Paridhi Jain
Total Articles: 15
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The year 2020 has been quite chaotic in terms of market stability, economic growth etc. Due to the outbreak of the deadly virus of COVID – 19 India has been on a lockdown for more than 40 days. During this period, all business except essential services remained shut. As a result, no revenue was being earned and expenses are being occurred. Many companies and business owners started laying off their staff as paying salaries was not a viable option.
In this scenario there a vast set of population which is unemployed and are desperate to find one. People are ready to accept a job which offers them a lower salary than what they deserve. If you are one of them, take a step back and think about the other options available. If you are someone who wants to be an entrepreneur, then start with that. If you have a limited risk-taking capacity, you can opt for a franchise.
The best franchising option is in the educational sector. You can search online for Indian school franchise options that are available. Education sector is one few sector which will not be affected / minimum by the global economic crisis. Due to the lockdown, ...
... income and savings of people will reduce. Hence, people will need to curb their unnecessary expenses. People will have to make wise purchases till the time their financial condition stabilize again.
CBSE school franchise is a great franchising option. The curriculum of CBSE board helps the students receive in depth knowledge about different subjects. It is also a more economical option compared to IB schools. The children’s time is spent productively as they learn. Parents need not find new ways to introduce their children to different subjects. You can easily find the best school franchise by checking their website and talking to people who have invested in them previously.
In India there is a success rate of 85% for franchise business. In the current market condition franchising is a better option compared to start up. Around 90% of start-ups fail in the first year itself and out of the 10%, 90% fail in the next two to three years. These statistics are not very encouraging for potential entrepreneurs. Franchise provides them with a platform to test their entrepreneurial skills. Also, the franchisee receives expertise from the franchisor which is not usually available to start-ups.
In India Subway is the best franchising option. But the investment needed for it is high. There are many options available with a lower investment requirement. The market condition is not very supporting for many businesses now. Instead if you opt for an educational franchise, you can expect higher revenues in the long run.
In this market condition, India needs job creators and not job seekers. The number of unemployed people is rising and putting pressure on the government. The Government is taking measures to reduce the unemployment rate, but that is not enough. Hence, the Government is giving additional benefits like exemption from taxes, subsidies etc. for new businesses. For more information visit https://www.podarsmarterschools.com/

Established in 1927, the Podar Group is one of the most established school brands in India. Podar is among the fastest growing school networks in the country today and has 124 owned Podar schools and combined student strength of more than 1,55,000. In addition to the owned schools, the Podar Group has approximately 18 years of experience in the Franchise sector with more than 200 Franchisees of its pre-primary school 'Podar Jumbo Kids' pan India.