Don’t think you can afford to open a franchise? Think again. There are actually franchise opportunities available for a wide variety of investment levels. Even if your budget is limited, your options are myriad. To get an idea of all the affordable options the franchise world has to offer, check out our list of the top 100 franchises that can be started for less than $150,000 (but more than $100,000).
Click here to read the story at entrepreneur.com.
Discussion Questions:
- What is entrepeneurship?
- What is the difference between a startup business and a franchise?
- What is the difference between a franchisor and franchisee? Which would an aspiring entrepreneur be considered?
- What advantage might an aspiring entrepreneur have with a startup over buying a franchisee?
- What advantage might a business owner have with a franchise over a startup?
- How does franchising work?
- Why do you think franchise fees vary from business to business?
- According to this story, which franchise is the top ranked business that can be started for between $100,000-150,000?
- What do you think makes that franchise such a good investment?
- What other observations can you make about the types of businesses included in this ranking?
- Which would be of interest to you if you had the financing to start a new franchise? Why?