Kolkata is located on the on the east bank of the Hooghly river in the Indian state of West Bengal. The city is the principal educational, cultural and commercial centre of East India. As per the 2011 census, it was the third-most populous metropolitan area in India with approximately 14.1 million. As of 2008, the city was ranked third among South Asian cities, behind Mumbai and Delhi as per its economic output as measured by gross domestic product. Kolkata confronts substantial urban pollution, traffic congestion, poverty, overpopulation, and other logistic and socioeconomic problems as a growing metropolitan city in a developing country.

Kolkata is the main financial and commercial hub of East and North-East India and therefore, franchise Kolkata has great prospects. Kolkata has an informal sector that employs more than 40% of the labor force. In 2005, business worth INR 8,772 crore (US$ 2 billion) was generated by roadside hawkers and unorganized groups. As of 2001, around 83.69% worked in the tertiary sector (service industries), 15.49% worked in the secondary sector (industrial and manufacturing) and 0.81% of the city’s workforce was employed in the primary sector (agriculture, forestry, mining, etc). In the late 1990s, India witnessed huge growth in information technology. The city’s IT sector grew at 70% per annum. Surge of investments in the real estate, infrastructure, retail, and hospitality sectors; several large shopping malls and hotels were launched in 2000s.

Many industrial units operated by large public- and private-sector corporations have Kolkata as their base. The industries include steel, heavy engineering, mining, minerals, cement, pharmaceuticals, food processing, agriculture, electronics, textiles, and jute. Franchise Kolkata opportunities are huge. One of the best things that you can take is buying a franchise if you have a goal of generating income and become successful in the world of business. People think about venturing a franchise business as a brilliant solution, even though they were already recuperating after the economic downfall that took place couple of years ago. Capital and strategy are the challenges. Without a capital, it is impossible to start building up a business empire. Taking advantages of franchise loans is therefore a clever idea.

You can continue your plans of starting a profitable franchise Kolkata with the help of franchise loans nowadays. Regardless of whether it is small or big, you can borrow money for your franchise business. These days, many franchise moneylenders are proliferating in the lending market. The borrower is the one on which it all depends on and the record to take advantage. However, there are important things that you must know first in order for you to get the right one for you before getting a franchise loan. Your banker is the first thing that you should consider when choosing the loan sources for your franchise business. Try to make research about the various franchise money lenders available in the market if possible. This is a smart way of knowing how the services they offer to borrowers, their basic requirements for loan applicants and the legitimacy of the banker.

You may want to consider franchise loans, if you think of going further in the franchise industry. That way you can achieve the success of your business in no time and you will be able to ensure a financial status for yourself.