Many people dream of owning a business, but don’t pursue it because they think the financial investment is out of reach. It’s true that when starting a new business, costs can add up quickly. But, there are franchises out there that don’t require a six or seven figure investment.
Franchise Business Review identified 80 franchises that can be started for under 100K and in fact, some of them require an investment of $10,000 of less.
But do these low costs mean that franchisees are not getting all of the benefits they might have had if they invested in a franchise that costs more?
Franchise Business Review surveyed franchisees from 150 brands and asked them about their experience owning a franchise, including questions about their overall satisfaction with the brand, training and support, financial outlook, brand leadership, and more. After combing through the feedback given by franchisees, we narrowed the list to 80 franchises to make the Top Low Cost Franchises list.
The award-winning brands on this year’s list offer low startup costs help franchisees build their business by saving their money for other endeavors, and are highly rated by their franchisees.
Click here to see the list of the 2018 Top Low-Cost Franchises.
Franchise Business Review is currently conducting research for the 2019 FBR50 Franchisee Satisfaction Awards, an annual ranking of the top franchises overall. If you are a franchisor, click here to find out how to qualify.