What are the best cost management franchises and what is the cost of cost management franchise opportunities?
Cost management franchises are a white collar, business to business franchise opportunity. Usually home based a cost management franchisee will visit local businesses to try to save them money on their purchases. Cost structures vary but many work on a commission only basis where they are paid a percentage of what they save the business, a win win scenario.
These sorts of franchises have been very successful because they can be operated from home with low overheads plus a franchisee can build an ongoing revenue stream from the savings they make for their customers. Because the businesses do not pay upfront by on results it also does not need the "hard sell" which oftens puts people of this sort of franchise or setting up a business generally. The cost of a management franchise varies from a few thousand to over £100,000 dependant on the area and type of franchise.