One way to start out in franchising is to look at franchise opportunities under 20k or franchises that cost less than £15,000. You will still receive the same benefits from the affordable franchises, like using tried and tested models that the franchisor has perfected over time. The franchisor will have guidelines for starting your business, and offer mentoring and ongoing help. There are low cost franchises that make money, click on the descriptions about these cheap franchises for sale and read their success stories written in their background information. You are often going to have much more success with starting a franchise business rather than starting a stand-alone company, even if it is in the same industry.
It’s a personal decision
When looking at the best franchises to own, it is really a personal decision because it depends if you have an interest in that area or an existing skill set in the area you are thinking of getting involved in. Beauty is in the eye of the beholder, so what you might think is blah! somebody else might think is fabulous. Any new business stands far more chance of success with a candidate who is going to give their all and enjoy every minute of their new adventure. Finding the best low cost franchises shouldn’t be hard to achieve considering the huge selection and variety of top franchises under 20k there are available to choose from.
Whether it is an at home opportunity you are looking for, or you prefer to be on the road and out and about, there are cheap franchises to get you started, and many times you will find that you can grow your business as you gain more confidence and maybe decide to dedicate more time to the success and expansion of your franchise. The franchisor wants nothing more than your business to be a success and will often be on hand to offer guidance. A third of franchise businesses employ ten or more staff, so imagine if you start out in a low cost high return franchise and find yourself needing a little help. It could be your turn to do the employing?
Food for thought
How about this, the annual turn-over for coffee shops is approximately £8 billion in the UK. That is food for thought indeed. So a coffee franchise could be for consideration. There are cheap franchises and you could get into this market with franchisees that cost less than £10,000. You may love coffee but prefer to drink it rather than sell it. You could look at the best education franchise that maybe fits in with your skill set and past experience. Whatever you are looking for, from a travel broker, or special events organiser, to an ice cream parlour, there is an affordable business franchise just waiting to be scooped up.
Why not take a moment to fill in your details on the form above. Approved Franchises offer a free service where you can compare franchise companies all in one place. Take a little heat out of the search and see if Approved Franchises can help you to find what you are looking for.