Limitless Opportunities In Low Cost Franchise Businesses
Limitless Opportunities In Low Cost Franchise Businesses
Of course, that’s a bit of economic tongue in cheek, but in all honesty, people around the country, and the globe, are scared. For many, this is not even remotely the time to consider investing in the purchase of a business. And even for those entrepreneurs with good investment opportunities before them, it may still be unwise to spend a great sum of money on certain investments until the economy recovers.
Fortunately, you don’t have to utterly break the bank in order to purchase a franchise business. Though it seems like the initial purchase price of any business would have to be high in order to turn a good profit in the future, that’s not true. There are many franchises in valid and profitable industries that come with very reasonable price tags. Here are just a few of them.
Home Services
The story that many economists and business experts are telling is that when home sales are down, home services are up, because people want to make the most of the home they’re in. And because many home service franchises are mobile, work from home businesses, the purchase price and overhead costs are very low.
Carpet Creations & Flooring of America is a great example of a cost-effective home base business. For just under $20,000, a new franchisee can own and operate a flooring dealership without the common hassle and associated expenses of having to manage a warehouse, sales floor, and staff. With little more in hand than a book of carpet and flooring samples, franchisees meet with clients in their homes to decide on the right flooring for them. They place a simple order, and the carpet is delivered and installed immediately. The franchisor helps each dealer learn the ins and outs of the industry, practice the best sales tactics, and develop a keen marketing strategy for his area. And because franchisees are connected to a national name, they get better pricing than anyone.
For those who like to get their hands dirty, however, there is also great business opportunity with The Grout Doctor, the standard-setting name in the aftermarket grout repair and maintenance industry. Recognized by both Entrepreneur and Franchise Business Review as a leader in franchising, and more specifically low cost franchises, The Grout Doctor provides new franchisees with all the training necessary to succeed, equips them with both professional tools as well as products for sale to customers, and keeps in constant communication with each franchisee to ensure continued growth. And all of this costs a very minimal $20,000-35,000.
Business Consultancies
Under normal circumstances, business consultation is a rather successful industry because businesspeople everywhere are interested in making the most of their investment. Under tight economic conditions, that thirst for success becomes even more acute, as the danger of failure pushes businesses on. For that reason, business consultants remain in high demand. And one great example of this strong demand is for Padgett Business Services franchisees, who specialize in helping clients with their business finances.
Touted as one of the best accounting firms and franchise businesses in operation today, Padgett Business Services helps clients with payroll services, accounting, tax preparation, and a variety of other financial issues. And as franchisees help clients, the franchisor helps franchisees by providing a wide array of support, including help to continue educational pursuits. Though it costs more than some other franchises, Padgett Business Services still sports a relatively inexpensive price of only $89,000 or less.
Vending Distribution
By far one of the cheapest business opportunities available, vending is also one of the most cost-effective, lucrative, and consistent business possibilities. Widely accepted as a recession-resistant business, it’s an easy-to-operate model that virtually anyone can profit from at a lesser cost than almost any other kind of operation.
Allstate Investment Group is a perfect example of all of this. Costing as low as $9000 initially, this franchise is capable of turning an annual profit of $170,000 for as little as 18 hours of work per week. Estimates say that the average vending franchise owner only works one hour a week for every machine that he operates, and in this industry, it’s said that the average hour of work equates to an earning of just over $70. But with Allstate Investment Group, that potential earning increases because their machines are custom designed to carry both snacks and beverages, which is said to drastically increase sales potential.
Contrary to popular belief, however, vending is not restricted to food products. The Back Rubber, for instance, is a home business built on pay-per-use leather massage chairs: a profitable source of income for many. Located at malls and shopping centers around the country, these chairs offer passers-by the chance to retreat from the stresses of shopping for 15 minutes or so, all for only a few dollars. All franchisees have to do is find new locations for their chairs and make the weekly rounds to collect their earnings. It’s simple, there’s very little overhead, and it can cost as little as $7000 at the outset.
Brave Business
Of course, looking at a franchise list and acknowledging the plausibility of a business endeavor is easy enough, but stepping out and making the purchase, even if it’s an inexpensive one, is a completely different ballgame. With a more complete understanding of how realistic profiting from a cheap franchise is, carefully analyze your financial status and decide if taking a business leap is logical for you right now. If it’s not reasonable now, don’t do it. But if it is, don’t hesitate to put fears aside and step up to the plate.
Limitless Opportunities In Low Cost Franchise Businesses - To learn more about this author, visit Candice Clem's Website.
Like this article? Share it with your friends
These days, it’s hard for people to get their minds off their finances. Stock markets around the world are down to record lows, American banks seem to be folding one after the next, and even oil has lost its value in recent weeks. For some people, it’s almost come time to think about starting a UTM account (Under The Mattress), because it may just be more secure.
Of course, that’s a bit of economic tongue in cheek, but in all honesty, people around the country, and the globe, are scared. For many, this is not even remotely the time to consider investing in the purchase of a business. And even for those entrepreneurs with good investment opportunities before them, it may still be unwise to spend a great sum of money on certain investments until the economy recovers.
Fortunately, you don’t have to utterly break the bank in order to purchase a franchise business. Though it seems like the initial purchase price of any business would have to be high in order to turn a good profit in the future, that’s not true. There are many franchises in valid and profitable industries that come with very reasonable price tags. Here are just a few of them.
Home Services
The story that many economists and business experts are telling is that when home sales are down, home services are up, because people want to make the most of the home they’re in. And because many home service franchises are mobile, work from home businesses, the purchase price and overhead costs are very low.
Carpet Creations & Flooring of America is a great example of a cost-effective home base business. For just under $20,000, a new franchisee can own and operate a flooring dealership without the common hassle and associated expenses of having to manage a warehouse, sales floor, and staff. With little more in hand than a book of carpet and flooring samples, franchisees meet with clients in their homes to decide on the right flooring for them. They place a simple order, and the carpet is delivered and installed immediately. The franchisor helps each dealer learn the ins and outs of the industry, practice the best sales tactics, and develop a keen marketing strategy for his area. And because franchisees are connected to a national name, they get better pricing than anyone.
For those who like to get their hands dirty, however, there is also great business opportunity with The Grout Doctor, the standard-setting name in the aftermarket grout repair and maintenance industry. Recognized by both Entrepreneur and Franchise Business Review as a leader in franchising, and more specifically low cost franchises, The Grout Doctor provides new franchisees with all the training necessary to succeed, equips them with both professional tools as well as products for sale to customers, and keeps in constant communication with each franchisee to ensure continued growth. And all of this costs a very minimal $20,000-35,000.
Business Consultancies
Under normal circumstances, business consultation is a rather successful industry because businesspeople everywhere are interested in making the most of their investment. Under tight economic conditions, that thirst for success becomes even more acute, as the danger of failure pushes businesses on. For that reason, business consultants remain in high demand. And one great example of this strong demand is for Padgett Business Services franchisees, who specialize in helping clients with their business finances.
Touted as one of the best accounting firms and franchise businesses in operation today, Padgett Business Services helps clients with payroll services, accounting, tax preparation, and a variety of other financial issues. And as franchisees help clients, the franchisor helps franchisees by providing a wide array of support, including help to continue educational pursuits. Though it costs more than some other franchises, Padgett Business Services still sports a relatively inexpensive price of only $89,000 or less.
Vending Distribution
By far one of the cheapest business opportunities available, vending is also one of the most cost-effective, lucrative, and consistent business possibilities. Widely accepted as a recession-resistant business, it’s an easy-to-operate model that virtually anyone can profit from at a lesser cost than almost any other kind of operation.
Allstate Investment Group is a perfect example of all of this. Costing as low as $9000 initially, this franchise is capable of turning an annual profit of $170,000 for as little as 18 hours of work per week. Estimates say that the average vending franchise owner only works one hour a week for every machine that he operates, and in this industry, it’s said that the average hour of work equates to an earning of just over $70. But with Allstate Investment Group, that potential earning increases because their machines are custom designed to carry both snacks and beverages, which is said to drastically increase sales potential.
Contrary to popular belief, however, vending is not restricted to food products. The Back Rubber, for instance, is a home business built on pay-per-use leather massage chairs: a profitable source of income for many. Located at malls and shopping centers around the country, these chairs offer passers-by the chance to retreat from the stresses of shopping for 15 minutes or so, all for only a few dollars. All franchisees have to do is find new locations for their chairs and make the weekly rounds to collect their earnings. It’s simple, there’s very little overhead, and it can cost as little as $7000 at the outset.
Brave Business
Of course, looking at a franchise list and acknowledging the plausibility of a business endeavor is easy enough, but stepping out and making the purchase, even if it’s an inexpensive one, is a completely different ballgame. With a more complete understanding of how realistic profiting from a cheap franchise is, carefully analyze your financial status and decide if taking a business leap is logical for you right now. If it’s not reasonable now, don’t do it. But if it is, don’t hesitate to put fears aside and step up to the plate.
Limitless Opportunities In Low Cost Franchise Businesses - To learn more about this author, visit Candice Clem's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
|||
Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
|||
David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
|||
John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
|||
Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
|||
Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|||
Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
|||
Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Candice's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
|
||
|
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Easy Product Ideas Getting Past Your Past Workplace Violence SEO Today Visual Pipeline |
|
 | ||
 |
Choose A PR Topic
Press Release Builder | |
 |
Email The Reporters
Press Release Builder | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||||
| ||||||||||||
|
|
||||||||||||