The Best Businesses To Start For Less than £50,000
If you are looking for an affordable way to start your own business, our selection of franchises under £50,000 offer you a great opportunity to make great returns on your investment.
Many people dream of starting up their very own business, but are prevented from doing so by constraints on their finances, or uncertainty around exactly how much upfront investment will be required. In the UK, the average start-up spends over £22,756 in its first year, not including costs for items such as product development, advertising or buying stock.
By investing in a ready to run franchise opportunity, you can get off the ground at a fraction of the cost. When you become part of a franchise, you get access to their brand, business model, and customer base. This gives you an advantage over starting a traditional new business as you already have resources available to you that normally would need to be built up from scratch.
Best of all, a supportive team behind you can help you in starting the new franchise and becoming more of a success. To find out more about What is Franchising, read through our business tips and guides.
How much money can I make with a franchise?
The amount of money you can make with a franchise will very much depend on you! Just like any other business, the sky's the limit if you are willing to work not just hard, but smart. However, unlike when you start up on your own, you are not alone. If you join a brand which is already well established among customers, then you may find that the business will make money faster than if you had to start a business on your own. You will have the backing of a company that has already worked out the tougher parts for you with your investment of less than fifty thousand pounds.
What franchise opportunities are there for less than £50K
One easier way to find the right franchise for you and your budget is to start your search from the amount of money you are wanting to invest in a new business. Franchise Local list a wide range of franchise opportunities that start at less than £50,000. From printing companies to pet food delivery services, there is bound to be something that suits you.
If you are looking for a business that fits in with your lifestyle, why not consider a part-time franchise. If you have a specialism from your current job, there are opportunities to use this, such as giving business advice, or home tutoring.