What Low-Cost (Cost Under £15,000) Franchise Businesses Are There And Which Ones Let Me Work From Home?
After working hard and faithfully in your nine to five job, you manage to save up a decent saving. Now you’re looking to invest your hard earned savings but you aren’t sure if you should start your own small business or become a franchisee in a low-cost franchise business. In any case, if you happen to have £15,000 to £20,000 burning hole in your pocket, then it’s the right time to think about becoming a franchisee. Here are some low cost franchise options, some of which can let you work from the comfort of your home.
Dog Walking Franchise
You need a little over £10,000 to start a dog walking franchise business. All you need is a vehicle to get you or the doggies around if you’re offering a pick and drop service from the doggy’s residence to the park. You will need some experience with dogs but if you don’t have any, the training from your franchisor will make up for your lack of experience. Offer fresh water, towel, and some snacks to your furry friends to gain a competitive advantage over your competitors. You can operate a dog walking franchise from your home and have the parents drop their dog with you for their routine walk and exercise.
Dog Grooming Franchise
One of the best franchising options is to be a part of a lucrative dog grooming market in the UK. You won’t need a specialised degree. The franchisor will provide ongoing training and professional development opportunities. Dog grooming franchise is perfect for home-based franchise business but going mobile will significantly increase your return on investment.
Word of mouth is the best way to promote your dog grooming franchise business. Social media is your best tool for advertising and promotions services use Facebook and Instagram analytics to target your market according to age, geographic location and dog breeds. Hand out flyers at your local dog park to tell parents that there’s a new dog groomer in town who promises excellent services.
Food Cart or Van based Franchise
A van-based franchise that offers snacks and meals is another option for low-cost franchising that you can start from home. Although, it would need you to drive around you can serve your customers anywhere anytime. The van and the equipment would have an increased working capital cost but in the long run, it promises a good return on investment.
Drive up to a busy city centre during office lunch break to target the hungry office workers rushing to grab a bite for lunch. The secret to running a successful food cart business is to offer quality food at an affordable rate. Offering a selective menu keeps your cost low; since your menu will be limited, you will be able to maintain the quality of your products and stay competitive.
Coffee Based Franchise Business
Coffee-based franchises are another popular option for those looking for a decent business to start under £15,000. Coffee equipment does not cost much if you plan to run a small café in your home. You will need permits to form the local county and see if you can open a small coffee shop right at your home. Coffee houses require little investments but with proper marketing on social media and other mediums, it can become a favourite spot among locals and tourists alike.
The location of such a business is a key player in determining the success of your small coffee shop franchise. If you’re looking for a small investment then a takeaway only coffee franchise is a good option, since seating arrangements will require a bigger investment. Choose a location with a lot of foot traffic and focus on that particular target audience for higher sales. Your coffee shop must be located some distance away from major players like Starbucks, Dunkin Donuts and any other local popular coffee shops and snack bars.
Tour Guide Franchise
You will find a number of different tourism franchises that offers tour guide courses, you can choose to be a part of such a franchise by spending under £15,000. You won’t need any special equipment or tools, just a comfortable pair of shoes, trendy yet comfortable clothes and knowledge of the best places and top restaurants is all you need. For the rest, the franchisor will provide you with the training needed to be the best at your job.
You can be a tour guide and work from home, earn a decent income each week by working as a tour guide. Your services could include arranging events and trips for tourist groups. Stay in touch with the local businesses to get a better price on food, logistics and hotels. Having a website and active social media presence is essential in running your home based tour guide franchise. Ask your clients to post their honest reviews on websites like Trip Advisor and their own social media platforms to get more clients for your small franchise.
Become a Property Value
There a number of different franchises, which offers you a chance to become a certified property valuer. Also known as the chartered surveyor, you can be enrolled with a real estate valuation franchise and be your own boss with minimum investment. It offers you a chance to work from home, all you need is a decent enough office right at your own home where you can meet potential clients looking for accurate property valuation services.
Professional Kitchen Hygiene and Management
Professional kitchens have a lot of sophisticated equipment like fryers and professional dishwashers. These fryers and other machines need regular maintenance and cleaning. Many franchises offer professional kitchen hygiene and maintenance services. With as little as £10,000 to £15,000 investment, you can be a part of a popular hygiene franchise that specialises in cleaning different types of fryers. The restaurants and hotels outsource their services giving your franchise a chance to extend their target market. The best part of this franchise is you can work from home and earn a decent sum each month.
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