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What’s a Good Franchise for a First-Time Business Owner?
A first-timer in the franchise world will be less overwhelmed if they choose an industry that requires less capital upfront and has a simple business structure, with prime examples being Cruise Planners or TruBlue Total House Care.
For someone considering franchising with no prior business-ownership or management experience, there are so many choices to choose from and industries to consider. However, as a first-time franchisee and business owner, it is in their best interest to invest in a business that requires less capital upfront and has a simple business model.
Examples representing both of these components are mobile and home-based franchises, mosquito and pest control, cleaning franchises or glass replacement franchises. Below are two examples of businesses with low costs and simple structures to consider when starting out in franchising.
Cruise Planners
The first perk of franchising with Cruise Planners is being able to operate this travel franchise from the comfort of home. Next, the price is right for a first-time investor, with a low-cost franchise fee of $10,995, and the initial investment ranging from $2,095 to $23,367. This franchise is backed by American Express, which is one of the most well-known cruise-planning companies in the U.S.
TruBlue Total House Care
This franchise requires a bit more cash upfront (minimum cash required $50,000), but the services offered are essential to any community. TruBlue offers “aging in place” services for seniors, so they can remain happy and healthy in the place they feel comfortable for years to come. TruBlue takes the burden off of families and always provides that reliable service for seniors in their homes.
The beauty of the business is that it requires no prior industry knowledge. TruBlue’s top-notch corporate training ensures all franchisees have the necessary skills and resources before they begin serving their communities.
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