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Can you make a Million dollars with a franchise that costs less than $50k?

We're going to give it to you straight. There are a lot of variables at play when it comes to owning your own business - no matter what business that may be. But We'll tell you this much, if you're passionate, have an entrepreneurial mindset and are coachable, then you can absolutely find success - even if you're starting with a smaller investment

like a franchise that costs less than $50k.

 

There are plenty of examples of people who have turned a small investment into a Million dollar business. Take the owner of 11 MaidPro franchises in North Carolina for example - she started with just a single location back in 2003. Her businesses bring in over $6 million in revenue each year. And she's not alone. There are plenty of other examples of people who have found success with a small investment in a franchise. The MaidPro franchise fee is $35,000.

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Learn why you should consider a franchise in the lucrative senior care industry! Click Here

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Why Franchises Cost Less Than $50k 

Franchises that cost less than $50k tend to be service-based businesses - think things like housekeeping, laundry, pet care, etc. The Low-Cost Franchise Association defines a low-cost franchise as any franchise opportunity that requires an initial investment of $50,000 or less - including working capital. 

Explore the best funding options for your franchise: Click Here!

While the initial investment may be lower, it's important to keep in mind that running any type of business is not cheap. In addition to the initial franchise fee, you'll also need to factor in the cost of things like rent, utilities, marketing, supplies, etc. When all is said and done, you should expect to need at least $100k on hand to get your business up and running - preferably closer to $150k. 

With that said, there are plenty of ways to cut corners and save money when starting your own business - especially if you're franchising. For example, many service-based franchises can be run out of your home, which eliminates the need for office space and helps keep overhead costs low. Additionally, many franchisors offer financing options or partnerships that can help offset the cost of starting your business. 

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Can You Really Make

A Million Dollars? 

Obviously there's no guarantee that you'll make a Million dollars by investing in a franchise - but it is possible. It really all comes down to how much time and energy you're willing to put into growing your business. Remember, passion + hustle = success. If you're passionate about what you're doing and are willing to put in the hard work required to grow your business, then the sky is the limit!

Learn if you live in a franchise registration state. This could impact your franchise investment choices. Click Here.

There are plenty of low cost franchise opportunities available. You just need to know where to look.

At The Franchise Insiders, we represent over 500 of today's top franchise opportunities. Many of these businesses can be up and running for less than $50k.

Click Here - Three Ways to Fund Your Franchisee Dreams

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Conclusion: 

Franchises under $50,000

 

If you're thinking about investing in a franchise but don't have a ton of money to invest up front, don't worry! There are plenty of opportunities out there for people who are willing to put in the hard work required to build a successful business. Do your research and choose an industry that you're passionate about - then go for it! Who knows where your business will take you!

Which franchise is best and cheapest?

If you're looking for a great franchise opportunity that won't break the bank, then check out our list of the top franchises you can buy for less than $50,000. Get your free list today!

There are plenty of low cost franchise opportunities available. You just need to know where to look.

At The Franchise Insiders, we represent over 500 of today's top franchise opportunities. Many of these businesses can be up and running for less than $50k.

Check out Franchise Times Top Franchises To Buy Click Here

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Passive franchise opportunities

Expand your investing with a passive franchise.

The right passive franchise can be a dependable profit center and bring you the sense of pride and accomplishment of a successful entrepreneur.

We will show you today's best passive franchises to help maximize your returns and minimize your risk.

What Is Passive Ownership of a Franchise?

Passive ownership of a franchise means you own the franchise without working there 9-5. 

You put a management team and employees in place to run the day-to-day operations of the franchise business with help from your franchisor. In some cases, you may not even live near the physical location of the franchise. Some 100% passive franchises even let you own a business that is in a different state as they operate the franchise business for you for a fee (as low as 5%).

Semi-passive ownership is very similar to full passive ownership. However, with semi-passive ownership, you will have a more active role in the operations of the franchise. You will still outsource most of the operations, but you may check-in and assist when necessary or personally oversee the operations from time to time.

100% Passive Franchises Starting at $90k.

Food Franchise Opportunities Under $50K

If you're looking for a food franchise that won't break the bank, then check out our list of the top franchises you can buy for less than $50,000. Get your free list today!

There are plenty of low cost franchise opportunities available. You just need to know where to look.

At The Franchise Insiders, we represent over 500 of today's top franchise opportunities. Many of these businesses can be up and running for less than $50k.

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Home service. Business opportunities under $50k

If you're looking for a home service franchise that won't break the bank, then check out our list of the top franchises you can buy for less than $50,000. Get your free list today!

There are plenty of low cost franchise opportunities available. You just need to know where to look.

At The Franchise Insiders, we represent over 500 of today's top franchise opportunities. Many of these businesses can be up and running for less than $50k.

 

Get your free list today!

 

Real Estate Franchise Opportunities Under $50K

If you're looking for a real estate franchise that won't break the bank, then check out our list of the top franchises you can buy for less than $50,000. Get your free list today!

There are plenty of low cost franchise opportunities available. You just need to know where to look.

At The Franchise Insiders, we represent over 500 of today's top franchise opportunities. Many of these businesses can be up and running for less than $50k.

 

Get your free list today!

Top Franchises Under $50k

Low cost franchises with high margins and low costs are definitely more plentiful than you think. Speak to one of our top franchise consultants and get your list of top franchises under $50k today. These franchises have all been vetted by our in-house franchise experts.

 

Get your free list of top 5 franchises that cost less than $50k.

Fill out the form below to get started!

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