Low Investment Franchises On The Rise
With the downturned economy of today, more people are looking at ways to bring in a steady income without a hefty initial investment. As a result, more low investment franchises are being invested in each and every day. Franchises have typically been associated with fast food chains in the past. The problem is that these are expensive, often requiring a six or seven-digit investment to get started.
The average person doesn’t have that kind of money to invest. The franchise market is seeing a turn of events. The fast food chain franchises aren’t being purchased as often. It’s the low investment franchises that are getting the most action – ones that require an investment of less than $15,000 to get in the game.
With Americans trying to get healthy, a lot of industries have taken off in the past few years. This includes healthy foods, fitness studios, gyms and much more. Franchises that are related to these industries have done very well.
One business opportunity that stands out is Fresh Healthy Vending, which is a franchise of vending machines stocked only with healthy food. These machines are being placed inside gyms, hospitals and schools – and provide an easy business model for franchise owners to follow.
Snacking is a popular pastime that is not going to go away. Another franchise opportunity that coincides with this is U-Turn vending. It’s a low investment franchise that has a significant earning potential. By turning a crank, people get a handful of candy. It doesn’t require a lot of inventory or even a lot of time on the part of the franchise owner.
Franchises have always been a popular way to become a business owner because it has to do with brand recognition and the reduction of failure in the marketplace. With more franchise owners looking to reduce overhead costs, vending and other low investment franchises are becoming more and more popular with each passing month.