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Business View Magazine
12 Business View – October
Francising
O
ne of the best ways to know if a franchise
opportunity is really as good as it appears is to
look at its franchisee satisfaction data. Not all
brands survey their franchisees, but those who do offer
a wealth of information on the system’s leadership,
culture, training and support, financial outlook and
franchisee community to set clear expectations for
potential franchisees.
The low-cost franchise segment has traditionally
been very service-oriented because these business
models don’t usually need a big office space, inventory
or other resources that require lots of capital. Some of
the service brands on our top low-cost franchise list this
year include 360 Painting, Window Genie, and Weed
Man. We also see franchise companies that provide
homecare services (e.g., Right at Home and Visiting
Angels), kid- and pet-focused care (e.g., Soccer Shots
and Sit Means Sit), and business consulting services
(e.g., ActionCOACH and FocalPoint Consulting) on
our list.
In the last year or two,we’ve seen increasedpopularity
in franchise businesses related to the home, either real
estate concepts like Help-U-Sell or companies that
offer home services like Budget Blinds.
Prospective franchisees may be surprised by the
brands and concepts that fall under the “low-cost”
Top Low-Cost
Franchises
A Franchise Business Review special report
