Three Great Industries for Cheap Franchise Opportunities
Posted by Admin on 02 Feb 2010 | Tagged as: Popular Franchise Industries
Franchising allows nearly anyone to get into business with little to no experience. Most of the time it would be a horrible idea to enter a business field you know nothing about and expect to be successful. A franchise will provide the training and processes to help you be successful. The most important thing you can bring to the table is your desire to succeed. There are tons of cheap franchise opportunities for those individuals who have limited funds but the passion to make it work. Here are some of the most popular low cost franchises in three popular industries.
With convoluted tax laws making it nearly impossible to do your own taxes, tax preparation franchises have been gaining steam for the past few years. Franchises such as H&R Block have dominated this market for quite some time. However, there are some newer franchises, such as Instant Tax Services, that are nipping at their heals. Also, Liberty Tax service has many franchises and has been growing very fast. Most of these tax preparation franchises can be opened on average for about $50,000 to $60,000.
Another popular field for cheap franchises is the commercial cleaning industry. Most low cost franchises are in service industries because of the lower overhead. These industries are perfect for someone with limited funds and the cleaning business is a prime example. With little more than some cleaning supplies and minimal equipment you can be on your way to a successful business. Some of the leading franchises in this field include Jani-King, Jan Pro, Service Master, and Stratus Building Solutions. Some of these franchises even actively pursue accounts for you. The drawback with commercial cleaning franchises is the fact that you must work overnight. Often times it is hard to find employees that will work these shifts. The cleaning industry has one of the highest turnover rates of any industry.
Finally, the last popular franchise industry is the cruise line agency. Like the others, these franchises can be started with very little money. Most full service travel agencies have closed over the years because airlines cut the commissions paid to these agents. The cruise line industry has bucked that trend and there are some very successful cruise travel agencies. Cruising has been one of the most popular vacation activities in recent times and should continue well into the future. Cruise One, Cruise Holidays, and Cruise Planners are three of the best low cost cruise franchises.
So there are three industries that should continue to provide a solid franchise business opportunity going into the future. Tax preparation, commercial cleaning, and cruising have proven track records as viable businesses. All three of these industries can provide a rewarding business experience.