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What Types Of Franchise Business Opportunities Are Available

Owning your own business and being your own boss is the dream of millions of people worldwide, but it can be difficult to know where and how to start. Among the countless options available to you, there is one that offers greater stability and support than most. This option involves buying a franchise. Franchising is a relatively flexible method, and just about any type of business can be franchised. There are many types of franchises, that can be categorized according to different factors, like investment level, franchisor’s strategy, operations, marketing and relationship models, etc.

Online franchise business in India
In the last couple of years, online Franchise Business Opportunity has increased in India thanks to the growing penetration of internet in India, especially the urban areas. Yet another factor in favor of this phenomenon is that with an online business it can be done from any place and at any time as per the convenience of the owner. Online Business Opportunities for women in India are highly preferred by independent-minded and educated women who are looking to earn and contribute to their family or improve their lifestyles. 

There are several franchise types available, so before you jump head-first into the sea of franchising opportunities, have a look which types of franchise business opportunities are available.

Become Mobile Recharge Agent

Due to the vast customer base and daily activation of mobile operators, it has resulted in a huge market for recharge industry. Start Mobile Recharge Business with a company which is linked to all the major cellular service providers offering best of recharge plans & commission structure. This business of recharges is not restricted to Mobile Operators but to all DTH giants like TATA Sky, BIG TV, DISH TV, Videocon D2H, SUN Direct DTH, and Airtel DTH. People can also pay their utility bills, credit cards, travel ticket booking and can do money remittance. 

Start Travel Agency

If you’re someone who loves travel, loves the planning process, and enjoys helping others have great experiences, you may have considered starting a travel agency. The travel agency franchise offered to any existing travel agency business, people looking to start their own small travel agent business,  also those who want to start a side business as an online travel agent - it can be started from a small office or home. Travel Agency includes rail, air, bus, hotel, tour packages & more.

Money Transfer Business

The online money transfer business or the money transfer agency provides huge earning potential in terms of commissions earned on domestic as well as international money transfer. The money transfer agents are linked to the most trusted bank through which they can send money across any bank in India and abroad. The money transfer business can be started with very minimum investment and basic formalities. It has become a very lucrative business for most individuals desirous of starting a business of their own.

AEPS Banking Service

It is an AEPS based payment solution, which interfaces with the AEPS of NPCI and supports transactions from one Aadhaar linked the account to another routed through Aadhaar Enabled Device. The service can be started easily with very fewer formalities from your existing shop or home. It helps you to perform various financial transactions for your customers, thereby giving you an opportunity to earn handsome commissions.
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