Racing Aces Performance Zone
£19,950 Minimum Investment
Racing Aces Performance Zone Franchise,
Specialist Simulation experts
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Management Franchises remain to top choice amongst white collar franchise seekers. With business consultancy services estimated to be worth £7bn to the UK economy. Many companies chose to employ franchised business consultants in order to reduce costs and improve their businesses operations.
This can be both enjoyable and a lucrative area of business. Working as a management consultant is considered by many to be a professional role, if you have a passion for business and are brimming with enthusiasm, the training programmes that many management franchise can provide you with the right skills, techniques and on-going support required for you to operate your franchise.
A management franchise can also offer a good life work balance, with consultancy hours mainly being set around traditional office hours, a management franchise could be the solution for more leisure time and is ideal for people who enjoy business and have a desire to inspire other local businesses to thrive.
Low Cost Franchises
So what is a low cost franchise? Well I suppose everyone will have a different definition of what they think a low cost opportunity is but for these purposes we will use an investment level of £15,000 or less as the guide price for a low cost franchise.
So does low cost therefore mean low earnings or profit? No, some low or even no upfront investment franchise or business opportunities can represent very high earnings potential. So why would a franchise business sell it a low cost even if the earnings potential was high? Well the initial franchise is generally determined by the cost to set-up which includes training, equipment, product and premises not the actual earnings potential. Sure sometimes with a recognized brand just the area alone will have a impact on the price as the largest the franchise area or territory, the more business will be obtained. That said that’s generally not the case for less known brands or new brands and if a franchise requires a lot of franchisees to provide national coverage and set-up costs are quite low then many will have an initial fee of under £15,000 to try to recruit as many franchisees as quickly as possible to grow their brand and provide a better service to their customers.
Some of the low cost franchises for sale under £15,000 include product distribution, pet related, children fitness and swimming, travel agency and even financial and business advice franchises so there is a huge choice of opportunity even if you are seeking a lower initial investment. The main thing to consider if the “overall” investment, just because a franchise has a low initial fee doesnt mean you won’t need to invest additional funds so when choosing a low cost franchise opportunity make sure you find out about all costs involved before you invest and as always seek professional advice.
Just because a franchise investment is low cost doesnt mean you should not carry out thorough research before you make any commitment. Regardless of initial investment check out the business and seek professional advice.
Home Based Franchises
Home based franchises, a business run from home have steadily risen over recent years, why? Home based franchises offer many opportunities, some of the include;
- More family friendly
- Better work & home life balance
- Increased earning potential, work when you want and potentially outside usual business hours
- Reduced child care costs
- Reduced overheads, less travel time, fuel and travelling expenses
Home based franchises have also steadily grown. Many so called white collar franchises are home based and include areas such as business consultancy, accountancy and bookkeeping, business training and coaching and internet businesses. In addition to these white collar home based franchises there has also been a steady rise is so called “Mumpreneurs”, mums that instead of seeking full or part-time employment around family life decide to set-up their own business on their own or via a home based franchise. Some of the businesses popular with Mumpreneurs include;
- Child care
- Childrens fitness such as football, swimming, dancing
- Beauty including hair & nail salons, tanning
Home based franchises can provide such great flexibility for men and women along with improved technology are surely set to continue to rise in the UK and therefore could provide a great opportunity for anyone seeking greater flexibility and a work life balance. That said always find out everything about the investment and business and seek professional advice before any investment.
Computer Related Franchises
According to Statista the UK computing market had positive performance again according to a 2017 report. In the UK computer & telecommunications retail sales were at £367 million in the month of August 2016. Regarding the willingness to buy a new computing device, the share of UK consumers intending to buy a laptop was higher among younger generations, with 19 percent of individuals aged between 18 and 24 years interested in buying in the next twelve months compared to 13 percent of respondents between 35 and 44 years of age.
There is also a trend to keep existing equipment and repair. Partially because of costs but also because with the huge use of software including apps, games and other software its hassle when you change devices, not to mention a lot of time which is why there is a growing market for both computing equipment retail and computer repair franchises. These franchises include computer retail, computer retail, mobile phone, gaming equipment retail and provision of local technical support for small businesses.
We Brits love our cars, according to a study by the BBC in 2016 the number of cars alone on the roads increased by over 600,000 per year to a staggering 25.8 million! As the number of cars increases of course the number of a franchisees potential clients increases so automotive franchises have been very successful, particularly over the last 5-7 years.
There are many type of automotive franchises including car bumper & scratch repair, windscreen repair, valeting & detailing, tuning so there is a great amount of choice for you if you are seeking a new business within the automotive business sector, which according to the SMMT the automotive sector is worth over £77bn a year to the UK economy.
So what sort of person do you need to change career and set-up an automotive business franchise? You may have previous industry experience but what’s great about franchising is with every franchise you will receive full training and support from the franchisor so many will not require previous automotive experience.