16 BUSINESSES GOOD FOR FRANCHISE IN 2021
Small Enterprise|March 2021
Franchising business which was a boom in the last decade is now moving into a different dimension, a change in the market trend with the new normal and lot of changes that have happened with work from home options, people losing jobs left right and centre.
Dr.Chakochen Mathai
16 BUSINESSES GOOD FOR FRANCHISE IN 2021

With companys wanting to cut the size of the office and giving large scale physical options to remote work culture and people moving back to their hometowns during pandemic has made many businesses to re-think the model and the opportunity.

Now since people have moved back to hometowns and since many do not get their desired brands some of them opt for starting new business in B and C towns. Things might take time to return to normal until the vaccine is ready to be used. However, the sale of 2 wheelers and bicycles have gone up for commuting and for exercise. Things have moved from big spends to small spends.

However, business needs to move on, and life must become normal in the course of time. With the new medical policies of the government to push the need for Ayush based clinics and medicines. I strongly believe Kerala will have great push toward Ayurveda and many companies are venturing into its medical stores and other allied services

A change in the education system is expected and now since people have started looking at online education, many companies have moved from campus education to online education, on-demand and any time studies is the new normal, and this will disrupt the education industry. A good example is Byjus and seeing them many other brands have floated their services, Veranda LearningSolution, CK (Cloud Kampus) by CADD Centre, Teacher online, I Learn U and many other companies will be franchised, and many computer centres will become study centres or will become delivery or point of sale centres in the future, hence the Edu -Tech opportunities will become in the future.

This story is from the March 2021 edition of Small Enterprise.

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This story is from the March 2021 edition of Small Enterprise.

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