New Delhi, Sept. 21 -- A Reddit user from Bengaluru shared that she had quit her corporate job. She now wants to start a business with up to Rs.40 lakh in capital.
The user, skshi23, is not interested in taking a franchise as she believes that she has the skill and the time to build something of her own.
"So, if you were in my situation, what business would you start if you were in Bangalore with 40 L of capital?" the user asked.
A Reddit user advised that, before starting a business, one should pick a model and do market research. Franchises give a brand name but the risk is still yours. For first-time founders, a low-risk service business is safer, according to the user.
"Don't hire a lot of staff at once... Be tight on budget, sell...
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