If you want to start your own business, you don’t have to do it entirely from scratch. Instead, you can turn someone else’s great idea into a thriving business of your own with the proper guidance.
But how?
That’ll be Through Franchise.
Research about the best company to franchise in the US, choose one, and give it a shot!
And choosing the right company means finding one that fits your budget, lifestyle, and professional goals.
When researching franchise opportunities, you may have noticed that some franchises have low start-up costs while others require a hefty investment. However, franchises vary significantly in many aspects, especially start-up costs.
Franchises, for example, let you leverage a successful business model when you launch a new location. In addition, many organizations provide comprehensive training and support, so you can learn the ropes of running a business without figuring it all out on your own.
That’s why more than 733,000 franchise businesses employ more than 8.1 million people around the world today, according to Franchise Business Review (FBR). Moreover, there are more than 745,000 franchise locations in more than 80 different industries, ranging from automotive services to health care in the United States.
What are the Cheapest Franchises to Buy in the US
When it comes to determining the cheapest and the best company for the franchise, a few factors can come into play. How much money you will pay for your franchise depends on many things, like franchise fees, training costs, and other start-up expenses.
Our curated list of cheap and the best companies to franchisewith reasonable initial investment amounts is the first place to start looking. These franchises have a low upfront cost, meaning they are more affordable than most. Let the initial investment be your deciding factor.
Window Medics
Window Medics is a US-based fast-growing window and doors solution. Their services include Window Defogging and Installation, Repairment, Remodelling, and Maintenance of Window Glass Repairment and Doors. In 2004, an 18-year-old teenager named Michael Joasil founded the company. This small enterprise has expanded across multiple locations.
Besides, Window Medics reaches every corner of the lanes delivering quality-oriented services to their customers. For example, in 2006, Window Medics came up with Dealership Program to enable hundreds of franchisees to witness prosperity together.
If you seek out the best companies for the franchise, you can probably consider Window Medics as it is among the cheapest franchises to buy and promises a higher ROI.
Once you enroll in the dealership, you can expect their resources such as marketing material, marketing strategies, supply chain, operational support, and inventory management to branding, best practices, and training sessions.
Window Medics has decided its Initial Investment to be $ 35,000, excluding the rebates. And, instead of Royalty, the franchisee will be rewarded for their performance.
Chick-Fil-A Franchise
Chick-Fil-A is a US-based fast-food restaurant chain that specializes in chicken sandwiches. The founder transformed what was a cafeteria into one of the largest fast-food chains in the United States. Despite its popularity, Chick-Fil-A has never franchised before. Instead, it has developed a unique model allowing individuals to own and operate their restaurants.
The Initial Investment of $10,000 – $15,000 is required, and there is no anything such as Franchise Fees. Moreover, the Ongoing Royalty Fees, as well as the Franchise Marketing Fees, are waived off.
Transworld Business Advisors
Transworld is a US-based network of business brokers specializing in helping small business owners with financial transactions. They help with buying, selling, or valuing a business. The company has been in business for over 30 years and has over 250 locations in 16 countries.
The franchise fee has been decided as $49,500 and the total investment to open a Transworld Business Advisors is $73,000.
Expense Reduction Analysts
The respective US-based company helps businesses reduce expenses by analyzing their operations and providing solutions to save money. Consequently, which can include negotiating with suppliers and vendors on behalf of their clients. Their services are geared towards large corporations, but they assist small businesses.
The franchise fee is $50,000 and the total investment to open an Expense Reduction Analysts location is $66,600.
Stratus Building Solutions
With a Stratus Building Solutions location, you’ll have limited overhead costs because there’s no need for a storefront or retail establishment. Instead, you will need to secure a warehouse facility to store your equipment and supplies. As a result, the solution also helps keep your operating expenses low.
Moreover, you also won’t have to worry about inventory costs because Stratus covers all of these expenses for you as part of the franchise fee. Hence you only pay for what you use.
The franchise fee will be between $2,700 to $39,600, and the initial investment is $3,450 to $50,350 with a Royalty fee of 5%
Conclusion
All the franchises listed above are affordable and provide plenty of business opportunities. But Window Medics has always been the best company for the franchise. As it has given the best ROI among the above-given list and is one of the cheapest franchises to buy. To know details about Window Medics franchise business, call 888-329-7116 or email at info@windowmedics.com
Be sure to consider your skills and interests before choosing a franchise. It’s also good to study the local market to determine which franchises will be successful in your area.
Owning a franchise is a great way to be your boss while still working in an established system. However, it can also be one of the most lucrative investments, so it’s worth considering if you have the capital on hand.