Why KUCHER ECO Is the Best Answer to the «What Business To Start in 2023» Question
What business to start in 2023 when everything is changing every day? That’s a good question. If you are asking yourself this, you are aware of one of the crucial aspects of starting a business. You need to pick a promising niche that would work under practically any conditions.
But does it exist? Of course, it does. This is KUCHER ECO, a company that produces and sells green vehicles and has a franchise. And I am a co-founder of it.
This business can operate in practically any environment. The competition in the market hasn’t been huge so far and you don’t need to have special expertise to get into it, except for understanding the principles of doing business.
As far as figures go, the market of bikes and motorcycles estimated at $80 bln will switch to eco-friendly transportation in the next 10 years. You have to agree that these are pretty lucrative prospects if you decide to jump into the market now.
KUCHER ECO: Brand that has been taking the market by storm
You may wonder why you haven’t heard much about this brand. This is a relatively young company. My business partner Igor Kucheryavenko opened the first store in Ukraine back in 2020. The growing demand for green vehicles and the overall health trend are what made the store so popular. This is why four more franchised stores opened their doors shortly after.
In April 2021, Igor Kucheryavenko got Kucher ECO Motor registered in Bali, Indonesia. On June 24, 2021, I have already bought out a share of the company, investing over 1 million dollars in this project.
In search of an investor, Igor contacted me with a request for mentorship and consultation. I always make sure to carefully choose investment projects, and this one was no exception. Even though the project was pretty small initially, I did recognize the potential of this niche and how unique the product was.
During the early stages, I helped to «repackage» the company, boost and improve the development strategy, and offered the tools to make KUCHER ECO even more eye-catching for investors.
Why did KUCHER ECO open specifically in Indonesia
The use of easily-maneuverable vehicles on the roads in Asia is highly popular. This is why this specific region was picked out to launch the first product line. Kucher ECO Plant was opened in Indonesia on June 6, 2022.
We are now planning to expand into other regions. KUCHER ECO was able to quickly make a name for itself in Dubai. The brand is already registered there.
One of the key drivers of this niche is the gradual introduction of restrictions and bans on vehicles that use internal combustion engines. Two-wheeled eco-friendly transportation will be a more affordable and maneuverable solution, unlike electric cars.
Such a quick brand evolution is also explained by a wide range of products designed for different target audiences. Green vehicles include bicycles, scooters, electric scooters, and electric motorcycles.
When analyzing the prospects and advantages of this industry, I identified several groups of customers whose needs we will be able to meet:
As you can see, the client base is gigantic. Green vehicles are a huge trend! What’s more, trendy businesses can be scaled up quickly. Conquering a country’s market faster than your competitors is a must!
Why KUCHER ECO: Prospects and benefits for franchisees
When I am asked «What makes KUCHER ECO stand out among other brands», I typically mention two of its main distinctive features.
The first thing is that we make the only electric motorcycles that can compete with the Japanese ones as far as performance and price go.
The second one is that it’s a full-cycle brand, i.e. from manufacture to the sale of ready-made eco-friendly vehicles.
Here are some of the key benefits for franchisees:
1. Product features
First of all, as I mentioned earlier, KUCHER ECO manufactures electric motorcycles that can compete with Japanese ones. Second of all, our green vehicles are notable for their high speed and drive range. There is a five-year warranty on the frame and rims.
With available engineering solutions, the customers can easily upgrade bikes without having to buy a new model, which also saves money.
2. In-house facilities
Thanks to our own production, we ensure the highest quality of our products. Our in-house facilities also enable us to continuously expand the model range.
3. Wide brand geography
The first store was opened in Ukraine. Later on, KUCHER ECO expanded into Indonesia and Southwest Asia. Kucher Trading LLC was registered in Dubai and a store was opened there.
The KUCHER ECO network is going global. In the near future, we are planning to open representation offices in the United Arab Emirates, India, the United States, Europe, Indonesia, Southeast Asia, and Brazil.
4. Wide range of products
KUCHER ECO manufactures four types of eco-friendly vehicles such as bicycles, scooters, electric mopeds, and electric motorcycles.
5. Comprehensive business approach
The brand deals with both production and sale. These are the areas where we analyze the market, and competitors, and come up with new business promotion strategies.
The company’s cornerstones are trust and mutually beneficial cooperation. That being said, no matter how good the relationship between business partners is, the business must be properly legalized with a relevant agreement being signed.
Here’s how KUCHER ECO’s franchise works: Guarantees
The brand operates officially, just like all of my businesses. This means that the company concludes an agreement with the franchisee, outlining the responsibilities of the parties, the profit distribution procedure, etc.
In other words, the agreement covers all critical matters relating to the franchisee and ensures the transparency of cooperation. The franchisees are sure about us, and we can be sure about them.
KUCHER ECO is an officially registered trademark. We have all relevant permits and pay taxes. This is a totally white market as one of the company’s key principles is to stick to the law in everything it does.
The business associated with green vehicles is not only about money. It’s about having responsibility towards the planet and the future. A mindful approach to everything we do is already a global trend.