Easy Franchises to Open: 8 Ideas for First-Time Franchise Owners
Franchising offers a straightforward, guided path to business ownership, especially if you’re new to the entrepreneurial scene. You can find easy franchises to open requiring minimal investment and offering flexibility, making them a perfect fit for first timers. The franchise industry has a wide variety of home-based or remote, easy franchises to open that are ideal for first-time entrepreneurs who want to write their own success stories. A minimal initial investment is advantageous because it lowers your financial risk, making it a safer option for newcomers. Many low-investment franchises offer the flexibility to work on your terms or from a home office, perfect if you’re seeking a balance between work and personal life.
Discover which types of franchises are the easiest to open and what they require to get started.
- Home services: Franchises in the home services sector, such as cleaning, landscaping, and home organization, often come with low startup costs and can usually be managed from a home office. The Tailored Closet, specializing in custom home organization solutions, stands out as an accessible work-from-home franchise opportunity. With its emphasis on minimal inventory and a robust support system, it presents an appealing choice for newcomers.
- Virtual fitness: The surge in online platforms has made launching a virtual fitness franchise easier than ever. These businesses can operate with minimal equipment, using digital tools to connect with clients anywhere, offering flexibility for entrepreneurs passionate about fitness.
- Tutoring: Public school leaders estimated that 49% of their students began the 2022 school year behind grade level in at least one academic subject, according to data from the National Center for Education Statistics. To pick up the slack, many parents are turning to tutoring. The booming demand for online tutoring services opens doors for franchises that provide enrichment and virtual learning.
- Consulting services: Utilize your existing business expertise to launch your own venture. Franchises offering consulting services in business coaching, financial planning, and HR can start with low overhead.
- Specialty food and beverage: Specialty food and beverage franchises, such as coffee carts and boutique snack brands, are a great entry into the foodservice market without the hassle of a brick-and-mortar location. They have lower startup costs than full-scale restaurant franchises and they can often enjoy high margins.
- Cleaning services: Cleaning services are always in demand in residential and commercial markets. Revenue for cleaning businesses jumped an average of 11% from 2021 to 2023, according to Jobber. The cleaning equipment and supplies needed to start are affordable, making it an accessible option for entrepreneurs without the means or desire to invest heavily upfront.
- Home inspections: The need for home inspections remains consistent regardless of economic fluctuations, as people continue to buy and sell properties in all market conditions. This recession-resistant aspect of home inspections can offer a sense of security to first-time entrepreneurs wary of the ups and downs of the economy.
- Travel planning: Running a travel planning business offers significant flexibility. You can set your hours and decide on the types of travel experiences you want to specialize in. It can start as a one-person operation and grow over time. As you gain more clients and experience, you can expand your services, and hire additional staff.
Spotlight on The Tailored Closet
If you’re new to business ownership, The Tailored Closet allows first-time entrepreneurs to gain a foothold in the custom storage and home organization industry. Propelled by a desire to create multifunctional spaces, save time, and address specific storage needs, busy homeowners are turning to home organization. The home organization industry is forecast to reach $15.3 billion by 2028, according to Freedonia Group.
The Tailored Closet is a scalable and affordable opportunity for new business owners. Our franchisees carry limited inventory and can provide services to residential and business customers. You also have the option to conduct back-office administrative tasks from a home office, eliminating the expenses tied to maintaining a physical storefront. The initial investment for The Tailored Closet is $155,220 to $268,675.
We offer in-depth training programs on all business aspects, ensuring you're equipped to thrive. You’ll be assigned a business coach who will help you create a 12-week action plan to ensure you have the resources you need to get started.
Inquire now to connect with someone from our franchise team to find out more about pursuing entrepreneurship in a thriving industry.