We want to show you a range of affordable franchises that cost less than £15,000. With some research it is easy to find the best inexpensive franchises. But if you find what you consider to be the best franchises under 20k, would you go for that little bit extra? In for a penny, in for a pound! It may be that the entry level is £15,000 plus GST but consider the business mentoring, and support you will receive with marketing, training manuals and ongoing support, would it be worth that little bit extra to you if it was a business that sounded just right for you? Keep in mind that banks are generally more open to loaning to a franchise business over a stand-alone start up business.
Identify your requirements
Ideally we want to find low cost high profit franchises, so be realistic about your entry level fee when looking at super low cost franchises, because they may take a little longer to see the benefits of the income rolling in. Often in your search for affordable franchise opportunities, they will be grouped into categories dependent on the entry level fee. This does cut down some of your search time, by not looking at franchises above the level you are willing to invest, but once you have started down this path, do not discount what else might be out there that may pique your interest.
Low cost doesn’t mean fewer possibilities
When looking for cheap franchise ideas there are plenty of categories to choose from. You could be involved with products and services that you can on sell to other companies. You could run event & wedding planning, kids parties, provide sport and exercise programmes, or health and fitness to children. There are affordable franchises in sales and marketing, or you could become a virtual PA, or get involved in an accounting or property or finance franchise. You could choose from low cost franchises and may find yourself erecting boards for letting agencies, or with cleaning franchises employing other staff, or providing kitchen hygiene services in the hospitality industry.
If you are considering the best education franchises, then you can work with adults or children or groups, face to face or online. There are low cost franchises for sale relating to tuition for children, with lessons in maths and English. Or cheap business franchise opportunities where you don’t need experience in the industry yet can work in IT or engineering or finance. The opportunities are endless for franchises that cost under £15,000 or even franchisees that cost less than £10,000 and if you are searching for franchises under 20k there are yet more to choose from.
Approved Franchises can help with your search. Enter your details at the top of the page and try their free service to compare franchise companies and find the best affordable franchise for you. It may cut down some of your research time and you can spend more time reading the fine print in the fields you are interested in, and see what the franchisors have to offer you.