Start Off The New Year With A Low Cost Small Business Franchise
Start Off The New Year With A Low Cost Small Business Franchise
You may ask, "Where does this leave small business owners?" While the bailouts of 2008 may have helped the larger companies like mortgage lenders and auto makers, many small businesses are still hurting, and the fact is that small businesses make up the majority of the US work force. What many small businesses that are surviving and even profiting in the current economy are learning is that if you want to survive, you have to adapt and make sure that you have a product or service that’s still worth paying for even when money is tight for the average American. If you’ve considered getting into a small business, but don’t want to risk too much, consider some of the following low cost franchises that will get you in the door with a business that can profit in good times and bad and carries much less risk than a traditional small business startup.
FiltaFry
One of the most interesting statistics to come out in the last few months was that in the midst of worldwide recession, many fast food businesses in the US have reported profits. Whether this is due to depressed investors seeking comfort food or simply because when money is tight, people want to go spend $5 on lunch instead of $15 or $20 at a sit down restaurant, the fact remains that for fast food restaurants, business is booming. FiltaFry is a niche-market business that filters the oil used in deep fryers and will put you right in the mix will fast food restaurants, bars, bowling alleys, basically any business that sells fried food. This van-based franchise requires no central office, but can be run completely mobile, thus greatly reducing operating expenses and startup costs. With a total investment of less than $65K, you can be up and running with your own FiltaFry business and making money in no time.
Vendstar
Vending is another industry that seems to be fairly unaffected by the recession. It seems that no matter if it’s someone’s last quarter or if they have a pocket full of change, candy vending in good times and bad can earn the vending machine owner an average rate of $70/hour. Vendstar is one of the best options if you’re considering a vending machine franchise. For starters, Vendstar has some of the best machines in the business, with machines that can display and vend 4 products at a time. Probably the best part about this franchise, however, is that you can start small with only one or two machines, grow the business over time and be making six figures in no time, just from selling candy.
Rotobrush
Air duct cleaning is growing in popularity as more and more Americans are seeing the value and the health benefits of having cleaner air. This van-based business can be owned and operated by one person and each air duct cleaning job takes only 3-4 hours. Rotobrush offers this unique business opportunity for only $10,000 and estimates that an average franchisee working part time performing 1-3 jobs per week can earn up to $75,000/year. Take that number and just imaging how profitable this business can be for anyone working full-time or employing a few people and starting a multi-unit operation.
Cruise Planners
Despite a lagging economy, it seems that the one thing that inevitably profits during recession is alcohol and entertainment, and what better way to combine the two than with a sunny Caribbean cruise. Cruise Planners is one of the largest cruise travel agents and has earned plenty of awards including the #1 ranking for travel franchises by Entrepreneur. This work from home business is great for anyone with a background in sales or administration, but can really work for anyone who’s passionate about owning their own business and is willing to learn the Cruise Planners system.
Each of these small businesses has developed a product or service that people want and has packaged it in a way that people have responded to. In the midst of a recession, the scariest thing in the world can be investing a bunch of money in a business that may or may not succeed, but the low risk of a low cost franchise coupled with the proven track record that each franchise carries makes a winning combination that will be all but guaranteed to succeed in good economic times as well as bad.
Start Off The New Year With A Low Cost Small Business Franchise - To learn more about this author, visit Candice Clem's Website.
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A yearly panel at MSNBC takes part in an economic roundtable discussion, talking about all aspects of the economy for 2008 and projections for 2009. Although predictions are never 100% accurate, and 2008 definitely surprised us with how bad the economy got, the outlook for 2009 is not quite as grim as last year. Most economists on the panel agreed that we will continue to see economic decline throughout the 1st quarter of 09, but the clouds are expected to part somewhat with GDP seeing expected growth in the 3rd and 4th quarters, despite an expected rise in unemployment. While this may not be the glowing light of hope you may have expected for 2009, it’s still a good sign. The fact that the recession hit so hard in 2008 has caused some businesses to collapse altogether, while the ones that have survived have had to learn how to change their strategies in order to succeed in a downward market. There is little doubt in anyone’s mind that the economy will eventually turn around and although we may not see the kind of growth that 2006 and 2007 saw for a while, most economists agree that the worst may be behind us.
You may ask, "Where does this leave small business owners?" While the bailouts of 2008 may have helped the larger companies like mortgage lenders and auto makers, many small businesses are still hurting, and the fact is that small businesses make up the majority of the US work force. What many small businesses that are surviving and even profiting in the current economy are learning is that if you want to survive, you have to adapt and make sure that you have a product or service that’s still worth paying for even when money is tight for the average American. If you’ve considered getting into a small business, but don’t want to risk too much, consider some of the following low cost franchises that will get you in the door with a business that can profit in good times and bad and carries much less risk than a traditional small business startup.
FiltaFry
One of the most interesting statistics to come out in the last few months was that in the midst of worldwide recession, many fast food businesses in the US have reported profits. Whether this is due to depressed investors seeking comfort food or simply because when money is tight, people want to go spend $5 on lunch instead of $15 or $20 at a sit down restaurant, the fact remains that for fast food restaurants, business is booming. FiltaFry is a niche-market business that filters the oil used in deep fryers and will put you right in the mix will fast food restaurants, bars, bowling alleys, basically any business that sells fried food. This van-based franchise requires no central office, but can be run completely mobile, thus greatly reducing operating expenses and startup costs. With a total investment of less than $65K, you can be up and running with your own FiltaFry business and making money in no time.
Vendstar
Vending is another industry that seems to be fairly unaffected by the recession. It seems that no matter if it’s someone’s last quarter or if they have a pocket full of change, candy vending in good times and bad can earn the vending machine owner an average rate of $70/hour. Vendstar is one of the best options if you’re considering a vending machine franchise. For starters, Vendstar has some of the best machines in the business, with machines that can display and vend 4 products at a time. Probably the best part about this franchise, however, is that you can start small with only one or two machines, grow the business over time and be making six figures in no time, just from selling candy.
Rotobrush
Air duct cleaning is growing in popularity as more and more Americans are seeing the value and the health benefits of having cleaner air. This van-based business can be owned and operated by one person and each air duct cleaning job takes only 3-4 hours. Rotobrush offers this unique business opportunity for only $10,000 and estimates that an average franchisee working part time performing 1-3 jobs per week can earn up to $75,000/year. Take that number and just imaging how profitable this business can be for anyone working full-time or employing a few people and starting a multi-unit operation.
Cruise Planners
Despite a lagging economy, it seems that the one thing that inevitably profits during recession is alcohol and entertainment, and what better way to combine the two than with a sunny Caribbean cruise. Cruise Planners is one of the largest cruise travel agents and has earned plenty of awards including the #1 ranking for travel franchises by Entrepreneur. This work from home business is great for anyone with a background in sales or administration, but can really work for anyone who’s passionate about owning their own business and is willing to learn the Cruise Planners system.
Each of these small businesses has developed a product or service that people want and has packaged it in a way that people have responded to. In the midst of a recession, the scariest thing in the world can be investing a bunch of money in a business that may or may not succeed, but the low risk of a low cost franchise coupled with the proven track record that each franchise carries makes a winning combination that will be all but guaranteed to succeed in good economic times as well as bad.
Start Off The New Year With A Low Cost Small Business Franchise - To learn more about this author, visit Candice Clem's Website.
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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 |
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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 |
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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 |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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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 |
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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 |
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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 |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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