Many people have a dream of starting their own business, but how to start a business is usually the first question that pops to mind, especially if you’re on a budget. Yet, starting a business doesn’t have to break the bank.
Business ownership of any kind requires substantial upfront funding but in franchising, there are more options than you might expect for initial investments under $100k. In franchising, these initial costs can be more affordable, allow you a quicker ramp-up and you don’t have to build a new business from the ground up.
Why Consider a Franchise Over a Start-up Business?
By paying your initial franchise fee, you basically pay the entry fee for starting your business. Franchising is a turnkey operation where you are partnering with an established brand that already has a reputable name, a tested and proven business model, and an operational system.
Unlike starting a business from scratch as a sole proprietor, the franchisor has already done the heavy lifting. The company has found a business concept that works well and is scalable and repeatable. The franchisor can provide you with the trademarks, logos, marketing materials, guidance, training and ongoing support. Your success is their success, so they are dedicated to seeing your business thrive.
Choices of Franchises under $100k
Franchises under $100k are typically service-style businesses. They don’t require a lot of overhead and often little to no staff except for you. Many franchise opportunities fall into the category of home-based businesses, which makes your home office a low-cost corporate headquarters.
You will find affordable franchises in just about every sector, including:
- Business services
- Home-related services
The $100K you are thinking of investing is a sweet spot in the industry. More than half of franchise opportunities require less than $50,000 to start. In fact, more than 3% of franchise options are priced under $15,000. With nearly 800,000 franchises operating in the U.S., there is a good variety of franchises available at lower investment levels.
RSVP Advertising Has a Ready-Made Business for You
If you are searching for franchises under $100k, RSVP Direct Mail Advertising could be the right choice for you. Consistently named as one of Entrepreneur’s Top Franchises Under $100k, RSVP provides opportunities for entrepreneurs who enjoy sales and marketing and are driven to succeed. Our franchise investment has an affordable franchise fee of $15,000, allowing you a quick ramp-up and earlier profit potential.
As a franchisee, you’ll run an appointment-based direct mail marketing franchise with no weekends required, no equipment, inventory, or additional staff needed, all with minimal overhead. This B2B franchise model has been proven successful for over 35 years.
When starting an RSVP Direct Mail Advertising franchise, you will receive in-depth training and access to the tools and education you will need to drive business growth in your market. We assist with everything from website development to sales coaching to help your business succeed.