If you had, oh, $100,000 or so in your pocket, where would you invest it?
You might want to skip the buzzy stock pick and look at a food or retail franchise.
You’ll pay a one-time franchising fee (anywhere from $10,000 to $40,000, depending on the sector), foot the bill to set up your location, and pay royalties to the parent company (typically 4-7 percent of your sales). And now you’re the proud owner of a [insert your dream here] store! The parent company gains expanded brand recognition; the entrepreneur gains training and a sense of ownership, if not always independence.