If you are looking to start a home based business and you have a little money to invest, franchises can be a great way to start working for yourself. Many franchises have built good reputations, making it easier for you to attract the attention of potential customers. What’s more, with a franchise, you do not have to think through the actual creation of the business enterprise. It has already been created, and you will receive the tools and training that you need to own and operate it successfully.
Each year, Entrepreneur Magazine publishes a list of the top five hundred franchises. I looked at the list just to see what kinds of things are on there, and there are many interesting options. For the full list, I would suggest that you visit the Entrepreneur.com website. Here is some information about the franchises, and about the list.
When you visit the franchise list, please keep in mind that not all franchises can be run from home. A number of them can, though. One thing that I noticed right away is how many commercial and residential cleaning franchises there are available. If I were looking for a franchise, those would be a poor fit for me because I do not enjoy cleaning.
Another thing to keep in mind is that the list of “low cost” options includes franchises under $50,000.00. There are some in there that are truly low cost, with startup costs of a few thousand dollars. Any home – based business has startup costs, and when you create your own business you can estimate what those will be but you can’t be exactly sure until you actually start the business. With a franchise, the costs are fairly well known.
When I looked at the list of franchises and did not find myself tempted by any of them, it made me happy. It made me happy because it provided further reinforcement that the two home based businesses that I chose to start are the ones that are right for me. Perhaps you have yet to find a business idea that is a good fit for you. It is possible that there is one right there on the Franchise 500 list, just waiting for you to discover it.
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