If you want to start your business and you are looking for cheap franchises that fit your objectives and knowledge, in this guide you will find what you should take into account when choosing a franchise, and a list of different profitable business opportunities.
This guide is focused on profitable business opportunities that require little investment, so you will find cheap franchises that do not need large sums of money.
These profitable franchises represent a great opportunity for those who want to start a business, so if you want to start a business, we invite you to carefully review this list of franchises.
A guide to profitable franchises:
Not only because of people's desire for independence and freedom; also due to the economic situation that the countries are facing, added to unemployment, has made these franchises a very interesting option for profitable growing businesses.
If this is your case, if you want to start a business and you are looking for cheap and profitable franchises , in this guide you will find the following:
- A list of franchises that require less than $10,000.
- Practical advice that you should take into account when choosing and starting your business with a franchise.
- Guides and lists of franchises around the world, especially in Latin America and Spain where you can find other profitable franchise alternatives.
Surely you will have many doubts, and more so with so many profitable and cheap franchises to choose from in various sectors and conditions. So how to start?
The first thing is to understand that regardless of whether they are cheap franchises, this is not a decision that should be taken lightly. You should advise yourself before making the decision to invest your money.
For this, we have prepared a mega franchise guide , where we explain the concepts, keys and everything you must take into account when making a decision.
The second thing is to take this content as a source of information, but not as a criterion to decide, since conditions may vary in different countries and what applies to one person may not work for you.
For example, the franchises available in Mexico are different from Spain, Colombia or Argentina, so you should review the options you have very carefully.
Having mentioned this, here we leave you a series of practical tips to choose between so many cheap and profitable franchises to start your business :
Tips when choosing a franchise:
The first thing you should do is investigate the options you have; from knowing what the franchise culture is like to the affinities that exist between your lifestyle, knowledge and experiences and the business opportunity .
By this we mean that there are cheap franchises that can be a very good option for someone who is just starting out, and not for you, who have experience in a certain sector and have available capital to invest.
So, before showing you the list of cheap franchises to start your business , we want to give you a series of important tips when choosing your franchise:
1. There are no franchises without risk:
From the beginning, make sure they are as honest as possible about the business model, since on paper, the risk is reduced and the income is very interesting.
However, in reality things are different and it is important that you know this from the beginning, before investing your money .
2. Carefully review the contract:
If you are able, hire a legal expert to help you interpret and understand each point of the contract, since once it is signed you cannot change it.
3. Ask for the vision of the franchise:
What do you want to achieve with franchises? What motivates them? Having this clear allows you to identify how serious they are, what your growth opportunities are or if it is simply not worth investing your money there.
If you want to learn how to be a millionaire with a franchise, you must keep in mind the mission, vision and objectives of the franchise owner.
4. Identify what they offer you differently:
When choosing between so many cheap and profitable franchises , as a business opportunity, you must be very clear about the advantages that they offer you over the others.
How is the service and support to the franchisee? What benefits do you have when opening a new headquarters? This added value may make you invest a little more in a certain franchise.
5. That everything they offer you is in writing:
Most franchises offer support to entrepreneurs , assistance and guidance so that this becomes a profitable business. However, in many cases, this is more of a sales strategy than a business mission.
So, demand that all the benefits and support that they offer you be written in the contract and be measurable, that is, not only that they say that they are going to support you in sales, but also what activities they will do specifically to achieve it.
6. A good franchise fails in the wrong place:
Like all businesses, the place where you decide to open it clearly influences its success or failure. So ask for support from whoever is offering you the franchise to choose the right place.
Surely they have indicators, references and statistics that they use to make the decision to open a new point. Do not let the eagerness and enthusiasm to open quickly make you make a hasty and wrong decision.
7. Ask for numbers that support the promises:
Some profitable franchises usually guarantee a certain number of sales or returns on investment. Although this sounds very nice on paper, you need to check that everything they are offering you has been fulfilled, at least in the past.
In this way you will be able to manage the business correctly, with numbers and statistics adjusted to reality.
8. Try the product:
Although the economic factor is important, and a cheap franchise becomes a great business option, it is recommended that before deciding which business to set up, you try the product or service.
With a customer view, you must evaluate if it is a product that solves a problem, if you would honestly buy it again and if you would recommend it to your friends.
9. If they cannot be adapted to your needs, do not take it:
Although each franchise has standards, ways of working and processes, it is also true that each business varies according to its location, size, time of year and future projection.
At the time of negotiating a franchise, the counterparty is not flexible, it is preferable that you look for another alternative, since later on it will be difficult to negotiate something already written, even when the results are not as expected.
10. Know the experience of other franchisees:
Finally, there is no better source of information than people who have already invested in the business. Find a way to contact them and resolve any doubts you have.
It is important that you take into account their opinions, but not decide based on what they tell you, since each franchise is different, has its particularities and not everything applies in the same way.
List of cheap franchises to start your business
1.Sportmadness
Description of the franchise: We offer our services to educational centers, companies and municipalities that want a differential and quality service, providing all kinds of sports activities, events and projects.
Minimum investment: 5,000 euros
Place: Franchises available in Spain and Latin America.
Link: Access the information page
2.Eazi -Apps
Description of the franchise: It generates profits in the smartphone market, which has surpassed the billion mark in billing, with Spain being a country in which the annual growth of the mobile applications sector is 25%.
Minimum investment: 9,300 euros
Location: Franchise opportunities available throughout Spain.
Link: Access the information page
3. Speaking Roses
Description of the franchise: This company offers a technology through which you print whatever you want on natural flowers, fruits and other edible products.
Minimum investment : 2,965 euros
Location: Available to everyone
Link: Access the information page
4. perfume
Description of the franchise: This alternative to setting up a cheap franchise consists of installing perfume dispensing machines in different places to help people refresh themselves at any time.
Minimum investment: 2,000 euros
Location: Available to everyone
Link: Access the information page
5. A Green Space
Description of the franchise: This cheap franchise is a way to start your business and commit to the environment. This consists of the sale and installation of systems that help save energy through renewable alternatives and natural resources.
Minimum investment: 6,000 euros
Place: Spain, Dominican Republic and Argentina.
Link: Access the information page
6. Alpha Real Estate
Description of the franchise: This economic franchise in the real estate sector has a track record of more than 20 years of experience.
With this franchise you can sell real estate and properties of financial entities such as BBVA, Sabadell, Bankia, among others.
Minimum investment: 5,000 euros
Place : Spain For openings outside of Spain, Mexico, Paraguay, Costa Rica, Argentina, Uruguay, Panama and France. Coming soon Colombia, Bolivia and Peru.
Link: Access the information page
7. City in your hand
Description of the franchise: This low-investment business opportunity consists of a business and service guide for mobile devices, smartphones and tablets with information on existing businesses in a city.
Minimum investment: 3,960 euros
Place : Spain and Spanish-speaking countries.
Link: Access the information page
8. Lidercasa International
Description of the franchise: This business opportunity offers a real estate management service, housing development and financial services.
Minimum investment: 1,000 euros
Place : Spain and Spanish-speaking countries.
Link: Access the information page
9. 100 Fragrances
Description of the franchise: CienFragancias offers the business model of white-label perfumeries, cosmetics and low-cost aromas.
Minimum investment: 6,900 euros
Place: Spain and Latin America
Link: Access the information page
10. Mortimer English Club
Franchise Description: This cheap franchise opportunity consists of English schools for children and adults. Playful classes based on the principle of learning the mother tongue.
Minimum investment: 5,000 euros
Place: Franchise available in Spain
Link: Access the information page
11. MiAppMobile
Description of the franchise : Start your own business as a Web and Application Designer for local companies and businesses in your city or country.
Minimum investment: 279 euros
Place: Franchise available in Spain
Link: Access the information page
12. Friking
Description of the franchise: This business opportunity consists of the sale of products with innovative designs in segments such as t-shirts, sweatshirts, mugs and cell phone cases.
Minimum investment: 9,000 euros
Place: Franchise available in Spain
Link: Access the information page
13. Magic Cake
Description of the franchise: This consists of a home-made cake and pastry business that you can set up in a store or even in your own home.
Minimum investment: 800 dollars
Place: Franchise available in Mexico
Link: Access the information page
14. The Andalusian Low Cost
Description of the franchise: This business opportunity in the food sector consists of points of sale for cheap meals, where each point is adjusted to your needs and where you are.
Minimum investment: 4,000 euros
Place: Franchise available in Spain and Portugal
Link: Access the information page
15. Returning
Description of the franchise: This cheap franchise gives you the possibility of having your online store , offering you more than 50,000 consumer goods and well-known brands at attractive prices.
Minimum investment: 2,950 euros
Place: Franchise available online
Link: Access the information page
16. Bubble Football
Franchise Description: This business opportunity is in the sports and outdoor industry.
This consists of an official trademark registered in Spain, where soccer is played with these bubbles. According to its founders, the expected turnover for the first year is 48,000 euros.
Minimum investment: 5,500 euros
Place: Franchise available in Spain
Link: Access the information page
17. The Cousins
Description of the franchise: The business consists of the sale of dogs and wings in carts. However, this franchise can be in commercial premises, car lots and shopping centers.
Minimum investment: 2,000 dollars
Place: Franchise available in Mexico
Link: Access the information page
18.Coin City
Description of the franchise: This business opportunity began in 2003 and consists of the sale and rental of vending machines. If you decide to invest in this franchise you will have access to manuals, videos, special promotions, gifts and information that will allow you to improve.
Minimum investment: $6,000
Place: Franchise available in Mexico
Link: Access the information page
19. Similar Fragrances
Description of the franchise: This business opportunity of French origin works under the concept of similar perfume franchises.
This is dedicated to the production of essential oils for the perfumery industry. It is also in the business of catalog and bulk sales.
Minimum investment: $1,400
Place: Franchise available in Mexico
Link: Access the information page
20.OrdersIn
Description of the franchise: This franchise offers different types of entrepreneurs an easy turnkey solution to offer a reservation service and home delivery of food to restaurants in the area.
According to its portal, this cheap franchise offers licensees a solution to help restaurants in the area, which themselves do not have the necessary resources to offer this food delivery service.
Minimum investment: 498 dollars
Place: Franchise available in Mexico, Argentina, Chile and Colombia
Guides to find profitable and cheap franchises:
Credit: Shutterstock
The business world is evolving, and so are franchises.
That is why below you will find a series of guides and digital tools where you can find cheap, profitable franchises that are located in your city or region.
Each of these tools segments business opportunities based on investment amounts, industries to invest in, location, region, and better yet, gives you the precise information you need to get started.
Direct Franchise : It is considered the leading portal in Latin America in the promotion of franchises and business opportunities. There you can find a list of industries, which will make it easier for you to find the perfect business that fits your needs.
GAF (Argentine Franchise Guide) : This guide is published annually with the aim of bringing together franchises and other consultants and providers of this business opportunity in Argentina.
InfoFranchises : This channel brings together more than 3,229 franchise opportunities in Spain, which are cataloged according to the number of inhabitants required, by the size and number of premises, the number of years that the business has been running, among other indicators.
Although this guide only offers opportunities in Spain, here are the sites for other Latin American countries:
100 Franchises : This franchise directory is organized by countries including Spain, Colombia, Costa Rica, Mexico, Chile and Peru. Something interesting is that you can subscribe to their newsletter and receive the information directly in your email.
Entrepreneur Franchises : One of the most relevant media on entrepreneurship issues worldwide has a category of franchises where they gather more than 500 franchises with the description of the business, the amount of investment, its location and contact information. Franchise options are mainly in Mexico.
Mexican Franchise Association : This medium offers a series of alternatives and business opportunities to undertake in Mexico. Additionally, there is information on suppliers, training events and consultants that help you in your process.
Entrepreneurial Franchises : This portal, beyond being a franchise guide, includes practical advice, interviews and news regarding business opportunities in the world of franchises.
Recommended books:
Remember that the information regarding the list of cheap franchises that you have just read is informative and you must take into account other variables when choosing if you decide to invest in them.
Factors such as economic conditions, your current situation, your needs, obligations and life project are fundamental when choosing between so many cheap and profitable franchises.
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