Top 5 Low Cost Franchises: Something For Everyone
Interested in running your own affordable franchise? Then here’s a list of franchises offering some of the best low cost business opportunities in the UK in 2018.
Five low cost franchises to look out for in 2018:
If you've always wanted to run your own digital print, graphic design or web design print, then consider becoming a franchisee of Printing.com. This innovative brand began operating in 1994 and has expanded significantly over the years, with hundreds of studios operating across the UK and Ireland, France, the U.S and New Zealand.
Specialising in printed materials for professional and personal use, Printing.com has a central production hub which distributes its orders through proprietary software known as Flyerlink®. This helps the company operate at maximum efficiency and ensure its products reach the highest quality standards.
To become a Printing.com franchisee, you'll need a total investment of £10,000. However, in return, you'll have the right to operate in a high-demand market under the successful 'Bolt-on' concept, which allows franchisees to create partnerships with other printing shops so they can develop a network of 'mini-franchisees'. This means territorial franchisees can share license fees and revenues, which could help you raise your profits by up to 50%. That’s why Printing.com is one of the top low cost business opportunities for anyone eager entrepreneur to run their own business under a trusted, well-known printing brand.
2. Snak Appeal
Start running your own business under an ethical brand that supports children's charities nationwide. Celebrating its 10th anniversary in 2018, Snak Appeal places sweets and snacks in workplace and leisure premises. A member of the bfa, it now has over 65 franchisees in the UK alone, and is constantly on the lookout for ambitious business people to carry its special cause-related marketing concept forward.
The brand sells high-quality sweets and snacks that are professionally packaged and include a wider variety of sweets than its competitors. Plus, each sweet is from a well-known European brand, ranging from jelly beans to giant strawberries, and the network also sells luxury sweets such as chocolate-coated popcorn. In fact, Snak Appeal has more than a quarter of a million sweets in stock at any one time, which means franchisees should never have to worry about running out of supplies.
To become a franchisee at Snak Appeal, you'll need an initial investment of £4,500 inclusive of VAT to pay for stock and display boxes. Luckily, there's no ongoing fees when you join this network, and you'll also receive a free start-up package to help you get your business off the ground as quickly as possible. That means there’s the potential for very high returns, depending on whether you want to run a full-time or part time franchise.
3. Diamond Home Support
If you've always dreamed of owning your own care business, why not open your very own Diamond Home Support care franchise? This professional domestic cleaning and home support business offers everything from residential cleaning and gardening to ironing and shopping, and only uses reliable and professional workers who are vetted and insured. Every customer of Diamond Home Support benefits from the same worker every week or fortnight, as this helps franchisees understand their individual requirements and meet their personal needs.
The start-up package to set up your own Diamond Home Support business is just £2,495 + VAT, which means this is one of the best low-cost franchise opportunities currently available in the UK.
For low-cost business opportunities with very modest start-up costs and minimal storage requirements, consider investing in a Tubz franchise. This leading sweet vending brand provides packages with a two-year guarantee for towers and floor standards and other products such as corporate clothing and inventory stock.
Tubz vending towers can hold nine tubs of nine products, or 81 individual tubs, for just £1 each. Each tub is mechanically operated, too, which means location owners won't have to spend money on electricity. Plus, this brand recently invested in more than £250,000 worth of state-of-the-art automated injecting moulding technology, which means it can produce its Tubz food grade polypropylene pots in-house to maintain the best quality standards.
5. Sweaty Mama
This franchise that enables mothers to be their own bosses and take their children to work. The innovative low-cost fitness brand is the fastest growing of its kind in the country, with exclusive territories so you can run and operate classes with a large niche demographic. Sweaty Mama was founded by Hannah McVerry, who, after having two children, came up with the idea of combining childcare with exercise to enable mums and children to get an effective workout with proven results.
Its costs just £1,998 + VAT to set up a Sweaty Mama franchise, which means it's one of the best low cost business opportunities in the UK. You may also be eligible to receive funding from Sweaty Mama's government-backed partner Outset Finance, so you can get up and running with minimal delay.
To become a franchisee of this brand, you'll need a minimum level of fitness qualifications and training in Safe Babywearing. Fortunately, this franchisor works with carefully selected partners who can help you become qualified as soon as possible and at preferential rates.
Get professional advice before you make any commitments
It’s important to consult a franchise solicitor before you sign a contract with a franchisor, even if you already have experience in this sector. A solicitor can help you understand your rights and obligations and answer any queries you might have. To ensure you receive the best advice, visit the bfa website, where you can find a long list of franchises and franchise solicitors that are bfa-approved. If you’re considering finance options for your franchise, only use a lender that has experience in providing loans to franchises, as a regular bank may not be very familiar with this sector.
Whether you’re considering a full-time or part time franchise opportunity, always do your due diligence by researching the franchisor and asking as many questions as possible. This way, you’ll know which are right for you.
The Editorial Team, Point Franchise ©
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