A convenient way to start a business is through a franchise. There is an already built-in business model, consumer base, and operational supply chain.
However, if you join a globally-known franchise, like a McDonald’s for example, your investment costs will be high. Also, you must pay high and recurring franchisee fees.
The most strategic way to start a franchise is with a company with a lower business profile.
Such companies have relatively lower investment and franchise fees. They are actively looking for franchise expansion growth.
Here are five franchises you can buy for less than $80,000.