If you want to learn about some amazing investment opportunities in the United Kingdom, then you have come to the right place, because today we will be taking a look at the easiest low cost franchises to own in UK.
The business world is highly competitive, and to survive and thrive a business must prove itself time and time again. Starting up a business is extremely difficult and requires immense quantities of resources. Often times, the startup cost alone is enough of an entry restriction for a person looking to start a business. Of course, even if you manage to gather up the significant amount of resources, there are bound to be other sorts of entry restrictions for the business of your choice. Then comes the element of risk associated with running a totally new business. We are not saying that the entrepreneurial spirit is no longer existent, but we are merely stating the fact that there are other much easier ways to enter the world of business.
Sergey Dudyrev/Shutterstock.com
When you invest in a franchise business, you are basically buying into a proven business model and you will have a lot of support from the franchiser. You do not have to invest into marketing and promotion for your business, as it has already been done for you. Often times, in a franchise business you will receive the raw materials from your franchiser and in depth guidelines on how to set up and operate your business. That basically means, with relatively minimal experience and resources you can enter into the business world and expect to be successful. These are some of the primary reasons why people invest in franchise business rather than starting up a new business of their own.
If you are not concerned about the associated cost and able to invest about $50,000 easily, then you should check out our list of 7 Most Profitable Franchises under $50K. Otherwise, continue reading this one as we explore all the options you have to buy into a franchise business in the U.K. for significantly less money. One thing we feel should be mentioned here is that, even though you will receive adequate support from the franchiser, you will need to oversee your business with great care and effort. Otherwise, just like any business, you run the risk of losing it to a competitor, as the business world is extremely competitive in countries with a free economy. The United Kingdom is no exception, and in the UK customers have a lot of options regardless of the industry. To ensure the survival of your business, you must put in a lot of effort.
This is the segment where we talk a little about out methodology behind our list of easiest low cost franchises to own in UK. Thankfully, there are several websites that keep track of all the franchising opportunities, and we merely tapped into the databases of few such websites, namely Franchise Direct, Complete Business Opportunities and finally The Franchise Shop. We pulled the necessary data from there, and then proceeded to rank the entries based on required initial investment. The lower the investment, the higher a franchise has been placed on the list.
Now, let’s take a look at our list of the easiest low cost franchises to own in UK.
