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Top 10 Low Cost Business Franchises
Starting a business often means making large capital investments, especially in the very beginning. In fact, many financial advisors recommend that you plan on losing some money as you get started. However, before you dismiss yourself as not having enough money to get going, keep in mind that not all ventures are so financially draining. What so many aspiring businessmen and women do not know is that franchising dramatically reduces the financial risks associated with building a new company. Furthermore, some of the most lucrative opportunities are low cost business franchises. They require very little start-up capital, few or no employees and most all of them are home businesses.
This may sound too good to be true, but fortunately, there are real opportunities for people like you who are genuinely interested in starting a business. Best of all, there are several different businesses from which to choose. Here are ten of the most popular low cost franchises in the market today. #1. Berkeley Brewer One of the most important things to franchisees as they build their businesses is minimized risk.
That’s why so many of them choose franchising over starting from scratch. Berkeley Brewer, a personal tailoring company, is a terrific example of how a franchise can significantly decrease the risk. This company is so dedicated to your success that it will refund your franchise fee if you do not see a return on investment within 12 months. Moreover, this business is easy to manage, which means you don’t have to quit your regular job until your new venture becomes so busy that you have no other choice. The reassurance with a franchise like this is that you do not have to risk everything - your money and your current means of making money - to change careers. #2. CityLocal Many entrepreneurs start their own businesses because they grow tired of simply doing a job. They want to be part of something groundbreaking. They have an intrinsic desire to make a difference. If this sounds like you, a franchise opportunity with CityLocal should be on your list of franchises to consider.
This web-based home business focuses on the economic growth of cities throughout the UK and Ireland. Not only do you have a chance to be part of a profitable, high-traffic website, you also have the satisfaction of making a difference in your community. By offering both free and paid advertising, you keep members of the community abreast with local news and events. At the same time, local businesses have a means of promoting their products and services on your site. #3. FirstWills Transitioning from one career to another can be especially challenging when you’re not sure how much money will be coming in and how often. This is certainly true when it comes to starting a new business. As mentioned, many new entrepreneurs actually lose revenue faster than they can generate it. Nevertheless, one of the best aspects of FirstWills is your ability to earn money in a matter of days. All you have to do is meet with individuals who are ready to write their wills.
Then, you write down their instructions and pass the information on to the franchise. You never actually write the will; instead, FirstWills does this for you. And, you make money with each sale you generate. #4. Brazilian Soccer Schools Countless businessmen and women had to take the hard route to building their companies. So many people enter the business world with the mindset that you have to dive in headfirst, quit your job, invest everything you have and hope that it all works out. Fortunately, this is not the only way. Brazilian Soccer Schools, for example, is a franchise business for sale that allows its newcomers to keep their existing jobs for the first year. This means that you can go through the coaching and business training with your mind focused where it should be - on what you’re learning rather than how much money you wish you were already making. Plus, it gives you time to launch and promote your business whilst you continue to meet current financial obligations.
#5. Little Angels Children’s Photography Many new mums must weigh the cost of childcare when deciding whether to return to the workforce. For many of them, the costs of daycare take a large portion of their earnings, which leads them to wonder if going back to work is really worthwhile. After all, not only are they losing a significant amount of their earnings just to childcare costs, they also miss the opportunity to be with their children each day. If this sounds like your dilemma, you have to determine whether it’s truly worth the money you’re actually bringing home. Still, chances are that you can not afford not to contribute financially. This is where a work from home business opportunity like Little Angels can be very beneficial to mums like you. As a photographer for this company, you will work only four or five days a week for about four hours per day. This means you can take your children to school and be finished in time to pick them up.
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