It is possible to manage your own franchise without making an excessive investment. Here we offer you some options.
Any self-respecting business requires an initial investment to try to guarantee continuity in the short or medium term. If we talk about franchises, there is also a wide spectrum in which you can move. Not everything is making large investments, but for less than 20,000 euros we show you some options to manage your own project.
Opening a franchise is part of a complex process in which financial and regulatory aspects come together that must be taken into account and that can cause the investment to rise enormously. But in the following gallery of images you have different recommendations for a minimum of 3,000 euros.
One of the differentiating factors that can encourage you to undertake this type of business is to take refuge in the solidity of a brand, which has already shown that this business, with its own image, has been successful in other places where it has been established.
In this way, the owner of the brand offers an image that is already recognized or related to an expanding business and confirms that it has sufficiently solvent financial health to support a model with these characteristics. For its part, the franchisee, with the limitation of an investment amount or a canon, also shows that it has a good financial situation to be able to set up this type of project.
The company will be able to expand its commercial activity by reducing its risk and increasing its business units, while receiving a canon for opening. For his part, the franchisee does not risk starting a business from scratch and is protected by the experience of the company that owns the franchises.
Not only should you take into account the investment, but it is also necessary to analyze the size, location, distance from the competition or the concentration of business of a franchise that may exist in the same territory.
Among the franchise businesses that we show you below in our image gallery, you can find everything from perfume shops to real estate agencies or travel agencies, through self-service laundries or sports event management companies, among others.
