Start your Business even in Tier 2 & Tier 3 cities
It’s Time to Go Home…
Country roads, take me home …. to the place I belong…..
John Denver has written this song in’70s and it’s still relevant, many people who had migrated from Tie 2 & tier 3 Cities to the Metro Cities in search of better job opportunities!
The rat race of the Corporate World and day to day struggle with Metro Life many people are reconsidering their migration decision. On the other hand, well trained or well-educated professionals from these Tier 2 &3 cities face a dilemma of leaving their hometown, family friends, etc. and to move to a Metro city for a better career opportunity.
In today’s scenarios, Tier 2 & Tier 3 cities are no longer only Talent Mines but have also become a market for many brands, a market with tremendous potential to grow and explore. With the Government’s support and involvement in a couple of years, we can see continuous and sustainable development in most of these cities. With factors like good Connectivity (Road, Electricity, Roads), Work-Life Balance and Low Operational Cost these are the cities that can support their local talent to grow as well as attract talent back to their HomeTown. The best part about starting a business in Tier 2 & Tier 3 city is one need to incur minimal Operational cost towards Office Space, Labour cost, etc.
So if you already have an idea about the business you would like to start and if you have a road map then fantastic you can stop further reading! But if you have ambition but a blurred road map then please continue reading!
First of all, you need to check the viability of business concept/product or service in your Local Market. So either you can start from scratch or straight away go for tried and tested Franchise Model. Established and Successful Franchise model offers Learning, Day-to-Day Monitoring and such evolved business model will boost your confidence as an Entrepreneur. With your local market knowledge and Franchisors business model, you are soon ready to start on your Entrepreneur Dream.
When you are planning any franchise in Tier 2 & Tier 3 city then you need to keep the following points in mind
- Product/ Territory or Client Exclusivity
- Product or Service Demand in the local Market
1. Product or Territory or Client Exclusivity
Exclusivity is the key in any retail or service-based business! So the retail or F&B sector brands should provide you territory exclusivity while service-oriented brands should offer Client Exclusivity. Exclusive market or Client assures a good business for a longer run.
2. Product or Service Demand in the local Market
The trends and applicability of the retail, F&B industry are quite dynamic. The trends keep changing and to keep up with the trends becomes a challenge! When you are investing your time on any Product or Service then that business should have applicability for a longer run. One research highlighted that many companies are becoming favorable in outsourcing their Human Resource function. That means it is good news for the recruitment Industry. When the company is not having a substantial team to support their Recruitment Drive then the company will get more dependent on the Recruitment Agencies!
In our Recruitment Franchise Business Model, we help you to start your recruitment business in 3 days. With focused one-on-one training, Exclusive Client allocation with direct client access and no Office Space requirements this business opportunity is a Plug-n-Play model.
About Talent Corner HR Services Pvt. Ltd.
We are 17 years old company established in 2002, servicing 2000+ clients across India. We started our Recruitment Franchise Model 8 years ago and as of now we have 51 Franchise Partners across India spreading across Tier 1, 2 & 3 cities.
Author: Preshita Rane
(Franchise Developer & Trainer)
August 8, 2019
Interested in starting this franchise. Already I have a office setup in the prime area of Bhopal. Please me the details of the same at the earliest. Looking forward for your cooperation and support.
Milind kulkarni
August 16, 2019
Interested in starting franchise. Already I have a office setup in the prime area of Bellary. Please provide me the details of the same at the earliest. Looking forward for your cooperation and support.
John Rakesh