Choosing the perfect franchise business opportunity to meet your personal life and family needs is far from a jog through the park on a nice summer day. Franchise opportunities come in all shapes and sizes and span some 120 industries and industry sub-sectors. In fact, it’s really hard to find a viable industry that is not represented in franchising. Oh sure, there are a few, but, I bet you’d have a tough time identifying them.
The question is where do you fit in, in the franchising world? Every franchised company has a sales department and all of them believe their franchise is the best, but the question is, will it be the best franchise for you? There are of course many limiting factors that you must consider such as how much money you have to invest and what you might enjoy doing.
One nice compromise for a low-cost franchise that is well within your budget would be a service business. And if you like cars, you are in luck, because there are a ton of great little automotive franchises available. I ought to know, before retirement I ran an automotive service franchise, which was a mobile service franchising company; and we always had lots of competition.
No, an automotive type franchise offering may not be of interest to you, but if it does pique your curiosity, then you ought to look into this sector. Generally, the mobile car or truck franchises have franchise fees ranging from $5,000 to $28,000 and most have two-three weeks of comprehensive training. Some have been around for over a decade and have a really good reputation. So, perhaps you might consider this?