Dream of starting your own business but don't have the cash to make it happen? Think franchising is out of your reach? Think again, because believe it or not, there are cheap and low cost business opportunities that can get you started as your own boss with investments starting at $20,000 and less.
Understandably, not everyone has the high capital available to start a huge endeavor, but that shouldn't stop you from realizing your dreams. And just because a franchise is "cheap" doesn't mean it's not a good, quality investment. So if you have less cash but a lot of motivation, don't close the door your future.
As of 2016, there's an estimated 800,000 franchise establishments operating in the U.S.
SOURCE: International Franchise Association; PwC
It's estimated that franchises have employed 8.9 million people in 2016
SOURCE: International Franchise Association; PwC
The estimated economic output of U.S. franchise establishments was $868 billion in 2016
SOURCE: International Franchise Association; PwC
Almost 30% of all requests made at Franchise Gator are for lower investment franchises
SOURCE: Franchise Gator
From vending to medical billing to consulting, there are plenty of cheap franchise opportunities with low startup costs. In fact, many don't require office space allowing you to work from home or on-site for your clients. Talk about low cost!
With little to no overhead, buying a low investment franchise allows you to get your business up and running quickly, putting you on the path to becoming your own boss in no time. You don't need deep pockets or a lot of cash to get started since many of these opportunities require $20,000 or less.
We recommend that you check out our Franchising F.A.Q. before getting started!