If it is time for change then a new franchise opportunity could be just what you are looking for. Apart from the fact you can get involved with a low entry fee, all the framework and know-how is already laid out for you.
This takes a lot of the risk and fear away from starting from scratch. You will of course have to follow certain guidelines laid down by the brand owner but this is all for good reason.
Footsteps to follow
The most profitable new niches are where the new franchisee is happy to follow exactly in the footsteps of the owner. If you don’ think this will work for you then franchising may not be for you. This does not mean that you cannot have complete change. Search for a list of new options and you will see the variety on offer.
The top new ones to look at for you could be something entailing a completely new field. You may have your area of expertise but feel that it is time for change and you would like to spend your time doing something you enjoy. Perhaps a hobby you have been doing for years and now feel proficient enough to make money from it.
How about the fact that you speak another language fluently, do you spend every spare moment and take every holiday in the same country? Wouldn’t you love to learn more of that language yourself by speaking it all year instead of just at holiday time? Do you have a secret desire to live in Italy? How about looking at new education franchises and teaching your favourite language. The owner has already done all the hard work. You just need to fill in the blanks.
Freedom of being your own boss
Search for new master franchises and see if you can take the lead in your life. Working with internet new types enables you the freedom to choose your own hours, or search for work from home new ones where you can have control over what time you leave the house each day.
Work around your children’s school hours and be home when they get home from school. Or you may want to work from home simply to avoid the rush hour traffic and the daily commute.
There are options for new part time franchises. Maybe if you are looking at earing a little extra income, you could fit some extra hours around your existing work. You could do something new that you can build on, and as your business grows you can take the leap and go full time or even employ others to take some of the load.
Maybe the extra income isn’t the drive for this change, so finding the right new franchises that costs less than £15,000 could mean you could jump now. You may already have a little put by and can afford a low level entry fee now and you could hit the ground running.
Be sure to put a business plan together though and have enough available funds to live on until your business is established and making an income for you.
If you feel you would like some expert advice on the best new versions then fill in your details above and use the free service to compare UK based franchise brands all in one place. More and more people are choosing it as a way to start their own business so start your search now with Approved UK Franchises.