Some people get into the business world with a complete picture of what they want to do with their business, how to market, or who their customer demographics are. Many get into business to test the waters if they are the right fit to run a business, while others go in completely blind. Both of these groups, the testing-the-water group, and the going-in-blind group, have a high risk of losing all the investment they make.
While for some, it might not be a huge issue, for many people, it is, as they do not have thousands of dollars lying around. So when looking for a home based business that would be successful, they should also have a limited budget that they can afford.
With thousands of world-class businesses offering franchising opportunities to young entrepreneurs, finding a business within a set budget should not be an arduous task. However, it would be best to choose an industry that you are passionate about, or else you will find no inspiration to keep up with business trends.
What business can you start with $35,000?
Some of the best companies offer their franchises opportunities at $35,000 or even less than that. These businesses are spread across some of the most popular industries, making it possible for everyone to choose an industry they are passionate about or want to learn about.
- Window and door glass repair: Some of the leading companies in the window and door glass industry offer their home based business opportunities at a low cost. Window Medics, a well-known company in the US and Canada for their top-notch window glass repair and defogging, offers franchising opportunities at $35,000. You can run a Window Medics franchise from your home premise, and they provide you with a 2-day training session, where they teach you to handle their window repair and defogging equipment. To know details about Window Medics franchise business call 888-329-7116 or email at info@windowmedics.com
- Lawn Care Business: Most people do not have time or knowledge to take care of their lawns, making a lean care business one of the most profitable home-based businesses of all time. You can start a lawn care business or buy a franchise from a reputed company for less than $35,000, with guaranteed profits from the first month.
- A Gym Business: Now that many people are starting to realize the importance of staying fit to lead a healthy lifestyle, opening a gym in your local area could be one of the most successful businesses for you. You can buy a gym franchise from a leading company at $35,000 or less with some of the equipment within that price.
- Home improvement: If you are into home improvement, interior designing yourself, one of the successful home-based businesses you can own is home improvement. You can buy a franchise or start your own home improvement business at $35,000 or less and make a good profit out of it.
Should you buy a franchise or start your business?
Most young entrepreneurs who have decided to start their business journey are often at crossroads whether they should buy a franchise or start their business. While franchises have some advantages over starting a business from scratch, it is still an individual choice. When you buy a franchise, you follow a business model that is already successful, so you know you will not lose the money you invest. Running a home-based business franchise also have the benefit of a loyal customer base.
You will not have to spend time building a customer base, unlike new businesses. Instead, you can invest that time in creating marketing strategies that will take your franchise business to new heights. Franchising allows you to build your brand along with theirs so that when you finally start your business, you will have enough reputation to leverage on.