If you have a new business concept that can be started for under $100,000 you can really win at franchising. By Dawn Abbamondi
Invest within your budget, set your goals to succeed, and then keep growing.
Low Startup Franchises Win
If you have a new business concept that can be started for under $100,000 you can really win at franchising. Especially if the business is:
- bringing something new to market
- innovative with technology
- efficient
- easily run from a home office
- distinctive yet fits a customer need
Risk-averse entrepreneurs are looking for these benefits, in addition to liking the day-to-day work they will be doing in their new business.
Whether you are in a professional services, home improvement, youth sports, child enrichment, pet care or a senior-focused service category – now is the right time to start your franchise company. Launch your brand as an ideal opportunity for those who are ready to step away from their current job or career to go out on their own with your support, model and prior success.
You’re thinking about it, aren’t you? You should. There are franchise candidates right now, reading this article and thinking about what brand to choose. Why not offer them yours?
Start Now as a Franchisee
If you have been thinking of owning a business but want to leapfrog the initial creative phase, then consider a franchise brand with proven systems to get you up and running. Quick startup and low-cost options are out there, right here in fact, in this issue of Franchise Dictionary Magazine!
Look at the needs in your community. What do you think would enhance the area and offer you a new lifestyle from owning your own business?
Is it a service-based company that can be run from home, helping people learn a growing pastime, new sport or language? Maybe it is an in-demand service for homeowners or seniors who are literally seeking their new home with a continuum of care as they age. All of these and more are available in a quick-start, low-cost option with franchise opportunities nationwide.
Tap into what you love – then investigate brands that fit your personality and investment threshold.
Know your limits. Invest in a low-cost franchise, but be sure to set goals so you can succeed and continue to grow!
Franchise founders and aspiring franchisees belong together, especially combining a lower investment with winning big.
Dawn Abbamondi
Dawn Abbamondi, vice president of marketing and brand development at SMB Franchise Advisors, has over 20 years of extensive franchising experience in the coffee, food, convenience, gift and floral industries. Abbamondi leads the areas of marketing, social media, public relations, web development and lead generation. SMBFranchising.com, 215-370-7998, Dawn@SMBFranchising.com