When you first go to the site they have their lists of franchises broken down by industry. Some of the lists included are food, fitness and real estate. They even have a category for low-cost franchises for those of us who want to start swimming at the shallow end of the pool so to speak. Pull down options are available where you can search by franchise name or by industry. There is a third option where you can just type in a franchise's name. So let's take our previous example of Subway, they are considered a fairly low hassle, cheap to start franchise. They are so cheap we have three of them just a half an hour a part and I live in a town with about eleven thousand people. I have no idea why you want to have three Subways in such a short radius, but oh well. Some of the other better known food franchises such as Baskin Robbins and Arby's go for a much higher rate. The initial investment to start a Subway according to franchisedirect is $125,000 while Arby's is $500,000 and Baskin Robbins is $300,000.
Once you sign up for more information on franchises for free you can sign up for the franchisedirect newsletter. This beginning stage is all free starting the business sorry is not free. Within this letter they will point you to trends in the economy and in demographics that could potentially make a certain venture more successful then another. In the latest newsletter, they pointed to the fact that baby boomers are now aging of course and are going to make up a huge segment of our economy. With this you will see many of them as they grow older look into things like assisted living and home healthcare. Also, with retirement looming or already here many baby boomers have already begun golfing full time to keep themselves active. So no matter what kind of franchise you want to start there is surely an option for you to locate more information about on franchisedirect.com.
Sources:
Franchisedirect.com.
http://commcenter.mchsi.com/wmc/v/wm/47ECA8C40004968E00004785219791280203010CD2079C080C03BFCCCB9C040407039B?cmd=Show&no=334&uid=15492&sid=c0
http://www.franchisedirect.com/directory/subway/915/
http://www.franchisedirect.com/directory/baskinrobbins/5197/
http://www.franchisedirect.com/directory/arbys/2461/
Published by Tyler Mills
I'm a former college student looking for a positive way to inform people and make some money to pay for living expenses. Living expenses are rising. Whip Inflation Now! View profile
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4 Comments
Post a CommentThanks for compiling this information, Tyler. I had no idea this tool existed.
Great information, I am definitely going to take a look at the website, I have never heard of it. Thanks so much!!
Excelent informstion. I think it 'd be worth it for me to look into this!
Fantastic article! Nice job! :-)