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Franchise options are as varied as the entrepreneurs who invest in them, although one thing all potential business owners have in common is that they want to gain maximum returns from their initial outlay.
In relative terms, $50,000 is not a monumental sum when discussing the cost of starting a business, yet these five franchises (and many more) require that amount or less as a to get started.
Not only that, each one of these franchise opportunities offers a unique and exciting entry into the world of entrepreneurship with the chance to grow an ever-increasing revenue stream.
If you are standing on a perfectly clean carpet while reading this, there is a good chance that it was once cleaned by a Chem-Dry franchise. They exist in over 3,000 locations and are the world’s largest carpet and upholstery cleaning brand.
Chem-Dry's history is as pristine as the carpets it cleans, being founded all the way back in 1977. Since then, it has made a name for itself by patenting a hot carbonating extraction system that attacks dirt, dust, oils and allergens.
To summarize, it’s easy to see why Chem-Dry is a great option; it offers potential franchisees the chance to join one of the most recognized brands in franchising at a low investment cost with high rates of return.
Tutor Doctor
Tutor Doctor is the number one tutoring franchise on the planet.
In terms of brand trust, it is up there with the best, with its in-home tutoring model present in 16 different countries.
Tutor Doctor's overheads are low in comparison to many franchises with similar earning potential, but that isn’t the best thing about joining this brand.
The best thing is that you will be making an actual difference in the lives of young students.
The success of this business isn’t going unnoticed; it’s been ranked as the number one in-home tutoring franchises by Entrepreneur magazine, won Child magazine’s Parents Choice Award in 2010, 2011 and 2013, and ranked in the Top 50 Franchises for Minorities, National Minority Franchising Initiative.
Algorithmics
This is another brand that is offering franchisees a real chance to make a difference in young people’s lives.
Algorithmics is a brand that has one eye on the present and another one on the future, as it is teaching and inspiring young people from 14 different countries on its unique education platform.
Algorithmics’ courses are providing children, aged between five and 14, with skills that are becoming more and more essential to the workforce.
The education industry is a multi-billion-dollar industry and forward-thinking brands like Alogrithmics will have a very strong future within it.
If you are looking for a recession proof business that has a low startup cost, then this could be the answer to your investment needs.
BLAM trains entrepreneurs, who have a positive and enthusiastic attitude, to become successful digital marketing experts.
They don’t even expect you to have any experience this field.
All they are looking for is someone who wants to learn and is eager to make residual income after receiving world class training.
This is a franchise that offers immense flexibility; if you want to work from home, that’s not a problem and you can also choose your own hours and sell anywhere in the world.
You can do this, while helping other business owners reap the benefits of your newly found expertise.
Healthy Cravings Canada Snack Vending
There is no shortage of businesses aiming to install a healthy environment in the workplace and many of them are doing this by replacing existing snack vendors with healthy alternatives.
Healthy Cravings Canada Snack Vending is offering investors the opportunity to make the most of this change, with a low risk, low cost franchise which has the potential to earn big! Each Healthy Cravings machine is packed with low calorie, low carb, whole food snacks.
This is the ideal venture for entrepreneurs who want to contribute to a healthier society, while making high returns on their outlay.
Did we mention that you get to keep all your profits, because there’s no commission fees? There’s no experience required in this venture either!
In fact, the most important question you’ll be asked before you start with Healthy Cravings is: “Are you ready to capitalize on the healthy snack craze that is happening all across Canada?”
For more information on all the great franchise options that are available right now, click here.