Entrepreneur|August 2016

It’s never been easier to buy into franchising’s hottest categories.

Article Reader

Micah and Tom Nisley wanted to start their own business but didn’t want to go into debt to pay for it. The couple were in their 20s and were working in restaurants and socking away as much as they could. Then they quit their jobs to figure out what business they wanted to start. “We knew that if we put in the work, the returns would come,” Micah says. But despite their savings, the barrier to entry just seemed too high. Then they discovered low-cost franchises. // Even a decade or two ago, people like the Nisleys may not have been so lucky. Traditionally, most promising franchises carried a high buy-in fee and required a ton of overhead. Some were more affordable to launch, sure, but they typically required years of grunt work without much growth potential.

Today, that’s all changed. A new breed of low-cost franchises requires minimal investments, because most of the expensive parts of running a business have been stripped away. Call centers and marketing are centralized and automated. Physical stores or offices aren’t necessary. Some even allow their franchisees to run their businesses from a laptop or mobile phone.

The Nisleys had many options, but they were most excited by i9 Sports, which organizes and operates youth sports leagues.

The franchise fee was $32,000, which was within their budget. They signed up and moved from Austin, Tex., to the Dallas Fort Worth area, which was i9’s most desirable territory available. Six years later, they own two i9 territories, run sports leagues for 5,500 kids and employ two full-time employees and a part-time marketing person.

Stories like this one are becoming common. As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year’s hottest franchise categories that do more with less.

COMMERCIAL CLEANING

This story is from the August 2016 edition of Entrepreneur.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the August 2016 edition of Entrepreneur.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM ENTREPRENEURView All
Why Small Businesses Can't Afford to Grow
Entrepreneur US

Why Small Businesses Can't Afford to Grow

Big companies take a long time to pay their suppliers. Sometimes, so long that the supplier goes out of business. Two entrepreneurs wanted to find out why this system is so broken-and wound up creating a solution.

time-read
10+ mins  |
March - April 2024
MY FAVORITE CUSTOMER
Entrepreneur US

MY FAVORITE CUSTOMER

For small, independent businesses, loyal patrons are benefactors, protectors, muses, and mascots. They make sure the show goes on. Here, three business owners celebrate an irreplaceable member of their community.

time-read
1 min  |
Startups - Spring 2024
Do You Say 'Yes' Enough?
Entrepreneur US

Do You Say 'Yes' Enough?

We don't give ourselves enough credit for trying. So let's start doing it right now.

time-read
2 mins  |
Startups - Spring 2024
He Does $10 Million-Plus in Sales
Entrepreneur US

He Does $10 Million-Plus in Sales

When Jeffrey Bell gave up horse training to buy a Floor Coverings International franchise, he wanted to get out ahead of his new pack. To do that, he had to learn to delegate.

time-read
2 mins  |
Startups - Spring 2024
How This Business Rookie Became a Top Seller
Entrepreneur US

How This Business Rookie Became a Top Seller

After competing in two Olympics, Cammile Adams dove headfirst into her second career - and became SafeSplash Swim School's #1 franchisee. Here's how.

time-read
2 mins  |
Startups - Spring 2024
How to Pick the Perfect Franchise For You
Entrepreneur US

How to Pick the Perfect Franchise For You

There are a lot of great brands out there. But that doesn't mean they're all a great fit.

time-read
2 mins  |
Startups - Spring 2024
Serving the Underserved
Entrepreneur US

Serving the Underserved

When Dennis Johnson opened a Pizza Ranch in Minnesota, he hoped to serve the nearby Native American communities in more ways than one.

time-read
2 mins  |
Startups - Spring 2024
When Life Is Preparation
Entrepreneur US

When Life Is Preparation

Vanesa Ellis was no expert on mosquitoes or lawn care. But as it turns out, something else made her the perfect fit for two home-care franchise brands.

time-read
2 mins  |
Startups - Spring 2024
Changing Careers? Consider Franchising.
Entrepreneur US

Changing Careers? Consider Franchising.

Here are five reasons why franchise ownership could be the right fit for you.

time-read
2 mins  |
Startups - Spring 2024
WRANGLING THE MANY-HEADED MONSTER
Entrepreneur US

WRANGLING THE MANY-HEADED MONSTER

For mom-and-pop business owners, just as inflation calms in one area of operations, it rears its head somewhere else. The best way to stay on top of it, experts say, is to stay flexible.

time-read
2 mins  |
Startups - Spring 2024