Low-cost franchise opportunities do exist and offer a great introduction to franchising. These opportunities can be great for the candidate looking for something part-time, with minimal money to invest, can be a passive business, with minimal or no employees and you can expand your net worth. In addition to being low-cost, some are great recession-resistant opportunities because businesses need more business in any economy.
An ideal franchisee is an outgoing professional who enjoys interacting with others. You should be comfortable making presentations to small groups, organized, and upbeat. You should enjoy working with people and have a willingness to follow a proven method is a MUST. After all, you are buying a proven franchising system.
These opportunities can be run from your home office, a smartphone, iPad, or tablet thus making it more affordable to get started. Start small and grow. All of the franchises have excellent support, and cutting-edge technology, some have high-quality referral programs, award-winning marketing programs, and training to help make you successful. All of this is included in your franchise fee.
The ideal candidate may need:
- Solid business background
- Sales and marketing oriented
- Excellent communicator
- Decision maker and problem solver
- Relationship builder
There is a little-known fact – many franchisors offer discounts for Veterans, Firefighters, Policemen, Emergency First Responders, and minorities and multiunit discounts are available to those who qualify and can help stretch your investment dollars even further.