The Best Franchise Opportunities Of 2020 For Budding Entrepreneurs

by admin

Most aspiring entrepreneurs know that starting your own business isn’t easy. Investing and opening a franchise makes things much easier. But a franchise needs support and the following companies provide the name, marketing, experience, and training that gives franchises a higher rate of success.

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1. Jazzercise

Jazzercise is one of the best franchise opportunities right now for low-cost investments. It has extremely low franchise fees and a reasonable expected investment for new owners. Different price points allow you to customize your investment and maximize your income, creating the stage for a perfect low-risk opportunity.

The Jassercise franchise fee costs about $1,250, and their initial investment amount is anywhere between $3,530 and $12,900.

2. Dunkin’

Just started your own franchise? Looking for the right business training and guidance? Dunkin’ could be your answer. It’s one of the most popular fast food brands in America. Dunkin’ is known for its strong corporate support for franchisees with training, operations, management, marketing, on-site assistance and even long-distance planning.

Dunkin’ franchise fees range from $40,000 to $90,000 and their initial investment amount is anywhere between $228,620 and $1,691,200.

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3. Freddy’s Frozen Custard and Steakburgers

If you want a quick return on your initial investment and fast financial growth, you may want to consider Freddy’s. It is growing considerably, its franchise line increases by the day, and it has a quick turnaround for getting restaurants open: 8 to 18 months.

Freddy’s franchise fee costs about $25,000 and their initial investment amount is around $250,000.

4. Cruise Planners

Cruise Planners offer some of the lowest franchise fees available and overall, ensure budget-friendly startup costs. You could spend less than $1,000 on starting your franchise. It also offers you the option to work from home, further cutting your initial investment costs.

Cruise Planners’ franchise fees range from $495 to $10,495 and their initial investment amount ranges between $2,095 and $22,867.

5. 7-Eleven

This internationally known brand offers you great potential, namely fast and big growth for your franchise. Considered the world’s favorite convenience store, 7-Eleven is  growing at a rapid pace within the US and without. The setup is extremely efficient, with the corporate team ensuring franchise owners can set up in 3 to 6 months.

7-Eleven’s franchise fees range from $10,000 to $1 million and their initial investment amount ranges between $37,550 and $1.15 million. These five opportunities are just the tip of the iceberg. There are many more franchise opportunities available, offering amazing benefits to people with a keen business sense. The key to finding the best one for your business is to research different companies online, ask questions and make comparisons. Once you have enough of the correct information, you won’t have to think twice about your decision.

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