Many people associate starting a new business with the benefits of being your own boss and steering the direction of your own business, but they also count on high up-front costs, high risks and plenty of stress. A home based franchise is a great way to capitalize on the benefits of owning your own business while avoiding the high costs and risks due to the low overhead and strong track record of work from home franchises. Many exciting work from home franchise opportunities exist with startup costs ranging from a couple hundred dollars all the way up to several hundred thousand, but to give you a good idea of what’s out there for the average work from home entrepreneur, here’s a look at the top five home based business opportunities under $50,000.
5. Club Z In-Home Tutoring Services
Few things impact a kid’s life more than education and with a home based franchise from Club Z In-Home Tutoring service, you’ll provide an environment of learning, tutoring and 1-on-1 teaching that schools aren’t capable of providing. Club Z’s programs have helped aspiring minds get the jump start they need in over 500 markets in the United States and internationally and as a Club Z franchisee you have the opportunity to mold and shape the minds of the next generation while thriving in a successful work from home franchise which was recently ranked 99 in Entrepreneur Magazine’s top 500 franchises.
4. Carpet Sculpture International, Inc.
These days, it seems that art is all around us. From the architecture of new buildings, bridges and monuments to the art design that goes into websites, branding and product marketing, today’s art is not the traditional painting hung on a wall that it once was. To this end, Carpet Sculpture International, Inc. has developed a process of creating custom carpets with the beauty and detail of painting. Using their patent-pending “Key Palm Cutter” which allows the franchisee to work at home cutting carpet with pin-point precision, CSG is able to provide custom carpets with even the most intricate of designs. This unique product also makes a great work from home business allowing you the franchisee to transform a $200 carpet into a $2,000 piece of art to be installed in someone’s home. With no artistic experience required, their training and proprietary system will have you and your business up and running within 30 days and due to the “order as needed” inventory system, you’ll spend less money up front which means more profits sooner.
3. Furniture Medic
We live our lives in our furniture, and one home based franchise has designed a business that allows the franchisee to keep valuable and sentimental pieces of furniture looking and functional great for generations to come. Furniture Medic is a division of the ServiceMaster company, a veteran in the field of work from home franchises. Whether you’re a seasoned woodworker or someone who doesn’t know a block plane from a spokeshave, Furniture Medic’s initial and ongoing training makes it possible for anyone to start a Furniture Medic franchise and be successful. The total investment required is less than $40,000 and financing is available for the initial franchise fee, start-up equipment and vehicles to qualified candidates through ServiceMaster Acceptance Company, a subsidiary of The ServiceMaster Company.
Parents, it is 10pm. Do you know where your children are? Many of us are familiar with that phrase from local tv stations growing up. While it may be fun to wax nostalgic about the quaintness of a phrase like that going out over the local news every night, when it’s your child that’s missing, it’s nothing to take lightly. Enter Guard-A-Kid Child Identification and Child Safety Products Franchises. Their ID kits contain two wallet-size printed ID’s, a large file-size ID, and most importantly a CDROM that contains all of the child’s information in a digital format ready to be sent to law enforcement and the entire kit can be made on the spot at a Guard-A-Kid kiosk. The unique and important business has a high profit margin with the average cost of an ID kit coming in at around $4 and selling for $20. Guard-A-Kid also provides a wide variety of other products ranging from child tracking devices to internet safety products.
1. Digicom Specialties Inc.
Whether it’s checking up on an unborn baby, diagnosis of cardiac problems, or any number of the many other uses, ultrasound has become an important element of modern medicine. Digicom Specialties is an ultrasound company providing mobile ultrasound services for physicians, hospitals, nursing homes and correctional facilities nationwide making quality diagnostic ultrasound services convenient and affordable for all. No medical experience is required to start your own Digicom franchise since Digicom provides a complete training program, which includes marketing, operations, accounting and technology training. If the medical field has always interested you, consider a franchise with Digicom and in the unique world of mobile ultrasound services.
You never really know what’s out there until you start to look. There are plenty of financially successful, moderately affordable home based business opportunities available to fit just about any niche or special interest. Whether it’s a broader field of in-home services businesses and on-site clean-up and repair, or the more unique businesses like carpet art and mobile ultrasounds, there really are plenty of work from home franchise opportunities available for just about any taste. All it really takes on your end is a desire to own and operate your own business, a little seed money and the drive to be a successful entrepreneur. The franchisor will take care of the rest including the business plan, extensive training and in many cases even footing the bill for advertisement and branding which will give a you new small business the shot in the arm it needs to succeed.
Joseph Gottlieb Law Attorney:Prospective Franchisee