Young entrepreneurs are taking advantage of the benefits of being self employed while they are young. If you’re under the age of 35 and want to invest in a franchise opportunity, there are many choices available for you. The biggest problem most young entrepreneurs have is with raising capital. Fortunately, there are several opportunities that are not only affordable but hold a lot of profit potential. Here are our top five picks for franchises for young entrepreneurs.
1. Revive Energy Vending
This franchise has a fresh approach that meets the needs of the growing “energy drink” market. By combining known energy boosting ingredients in a mint, Revive Energy is a unique product. This franchise opportunity gives you a great product with a turnkey vending business model. You’ll get one on one help from a business mentor who will walk you through making your vendor business a success. Investing in this business model is just $12,250.
2. Fast-teks On-Site Computer Services
So many people need technical support for their computers so this franchise opportunity is sure to be a success in your area. Fast-teks is a fast growing granchise opportunity that has world class marketing assistance to help you make your business successful. The advisory team has over 65 years of combined marketing experience that will walk you through developing relationships with homeowners and businesses that need on site computer help. The franchise package is just $19,500.
3. CTi Concrete Technology
This opportunity is perfect for young entrepreneurs who are interested in the remodeling and home improvement industries. CTi offers dealership owners help homeowners and retailers get a unique look with resurfaced concrete. CTi owners and specialists can make regular concrete look like brick, plaster or marble flooring. Clients include homeowners and property owners. Training in the resurfacing technology and marketing the business is part of the $9,500 franchise package.
4. Rainbow International Restoration and Cleaning
Rainbow International provides young entrepreneurs with a proven business model that helps people out. As a Rainbow International owner, you’ll provide fire, water and smoke damage restoration to people that have experienced tragedies in their home. You can also serve commercial and insurance companies. Rainbow International has a well-recognized brand name and lots of support. You’ll need liquid capital of $25,000 to get started with this franchise opportunity and they look for individuals who are dedicated to upholding their high quality standards.
Considering the fact that baby boomers are the largest generation yet to need senior care, this business idea makes a lot of sense. Young entrepreneurs will appreciate the low start up costs ($25,000) and have a large segment of the population to serve. As a Acti-Kare owner, you’ll train and hire caregivers to help seniors in your local area. Caregivers are responsible for providing companionship, in-home services and personal care. By helping aging seniors maintain their independence and take care of their daily needs, Acti-Kare caregivers and owners offer a much needed service. This franchise opportunity is both profitable and humanitarian.