Here we will go through some of the best franchises to open in 2018 with $10k, according to their popularity.
Why chose a franchise over your own small business idea? Well, both of the choices have benefits of their own, and there are plenty ideas for starting a business for under 5000$ (or on that matter also small business ideas with 100K) out there, but buying a franchise means you already have the business plan worked out. Wouldn’t say it’s easier, but at least you don’t start from a scratch.
Gustavo Frazao/Shutterstock.com
Also, opening a franchise in a small town (eg. Dunkin Donuts, Anytime Fitness or Patrol Service International) gives you a good perspective, and an opportunity to give the smaller community a glimpse of a metropolitan area – indicating higher traffic and therefore higher profit. So on some good ideas, you might go through the 17 Most Profitable Franchises to Buy in 2018, but here we would only consider some of the best business ideas to start with 10K.
So, obviously, we started searching for some ideas on Franchises Under 10K where we have filtered the hot picks. The Franchise Direct provided us with the info on top popular franchises with 10K. In the search for the best and most popular franchises, we came across resources such as FitSmallBusines, Practical Business Ideas, Executive Franchises, Franchisegator, Top Franchise Opportunities, Advisory HQ, and America’s Best Franchises. In the end, the ranking and choice of the best franchises to open in 2018 with 10K was based on their popularity among these resources. The amount of cash needed was also approximated based on their data.
Surely opening a franchise with 10k or less means you are not heading up to something huge, like when you are looking for some best businesses to start with 100k, so expect those businesses to be of a local character, i.e., offering some basic products and services, such as cleaning, repairs, advertising, etc. On that matter, there are plenty of businesses you can work from home, with literally no starting investment needed, but we will leave those best businesses to start with no money for some other time.
On the matter of our today’s topic you might also check out the 12 Best Low Cost Franchises with high Profits in 2018, but being more specific now, let’s see some of the best franchises to open in 2018 with $10K (and even less):
10. Social Owl
Investment needed: $150
Yeah, only $150. But what’s the deal with Social Owl? Buying this franchise gives you an opportunity to cooperate with other local businesses and working on their advertisement. Not a bad starting point for practice and experiment with low investment franchise.
Rawpixel.com/Shutterstock.com
9. ShoutHub
Investment needed: $5,000
When decided to start something more serious, ShotHub seems to be the best option for being your own boss, by advertising other companies and businesses and increasing their positive ratings. As for the beginning, you can get up to $200 in revenue from one business, so you do the math.
Antonio Guillem/Shutterstock.com
8. Sprayless Scratch Repair
Investment needed: $7,000
This company that sells products for scratch removal from the cars can be a good choice for the franchise to open in 2018 with $10k, as they guarantee being no.1 most trusted company in the states for such repairs.
PATIWIT HONGSANG/Shutterstock.com
7. Oxymagic
Investment needed: $10,000
This is a carpet cleaning company, also having the Green Seal Certificate which means they are environmentally friendly. It is a company with a growing market which means you would have success if decide to buy this franchise and start your own business.
Pixabay/Public Domain
6. Hot Beverage Company
Investment needed: $10,000 (but costs go up to $14,000 on some places)
This company focuses on hot beverage equipment ideal for offices and other public places with high consumer traffic. So, if you know of such places, this might show as one of the best franchises to open in 2018 with $10k.
Pixabay/Public Domain
5. Club Z
Investment needed: $10,000
Club Z is the best franchise to open in 2018 with $10k if you are interested in tutoring and education. According to the information from their website they have been the leading tutoring franchise for the last 23 years, so you won’t go wrong with choosing it.
Pixabay/Public Domain
4. Cost Analyst Enterprises
Investment needed: $7,500
Gain some money by helping others reduce their costs. Cost Analyst Enterprises is among the best franchises to open in 2018 in this field. Good sides of owning this franchise are that you will always have clients since the market is huge and the competition is still low.
TaLaNoVa/Shutterstock.com
3. Mattress by Appointment
Investment needed: $7,500
Mattress by Appointment is a popular mattress selling company throughout the country, which gives a lot of special offers, matching prices of many brands that are in the domain of the local shop, so it seems that it is among the top best franchises to open in 2018 with $10k.
Pixabay/Public Domain
2. Cruise Planners
Investment needed: $10,500
Cruise Planners is not only cruising agency, it is an ideal franchise to buy for those who like working with selling travel destinations, hotels, resorts, car rentals, concert tickets, transfers and all that you need on a vacation.
Copyright: sidelnikov / 123RF Stock Photo
1. SlipDoctors
Investment needed: $10,000
Among the lucrative franchises, Slip Doctors seem to be among the best franchises to open in 2018 with $10K in this class. They give some good opportunities and reasonable prices to start a business from your house. If you’d be interested in a company specialized in manufacturing anti-slippery products, get some more info on their website on buying their franchise.
Pixabay/Public Domain
