Investing in a franchise business in India can be a lucrative opportunity, but it requires careful consideration to avoid costly mistakes. One common error is failing to conduct thorough research into the franchise brand, its market presence, and its financial health.
Many investors overlook the importance of understanding the franchise's business model and its support system, which can lead to poor decision-making. Another mistake is underestimating the costs involved, such as hidden fees and ongoing royalty payments, which can impact profitability.