Franchise Specialist
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes
Forming a joint venture with a lawyer who specializes in franchise business law could be your first step toward building a successful business as a franchise specialist. A franchise specialist service seeks opportunities in two ways. In the first way the specialist looks for small, independently owned and operated businesses that are ideal candidates to be expanded nationally, on a franchise basis. The second way is when a franchise specialist looks for companies that have already gone through the lengthy and costly franchising legal requirements process, and are now ready to begin marketing the franchises to qualified owners or operators. In both cases, the goal of the franchise specialist is to market the franchises, retaining a large portion of the franchise fee in exchange for providing the service, and in some cases, even securing a portion of the company's shares.
Franchise Specialist Ideas
Mortgage Broker
Help clients get the mortgages they need to purchase a home.
Tax Accountant
Help clients organize their taxes to get the biggest return.
Bookkeeper
Use your accounting and financial experience to start a bookkeeping service.
More from Business Ideas
She Started a Side Hustle That Earned More Than $1 Million in Year 1: 'Manifest Your Best Life'
Nadia Liu Spellman, founder and CEO of Dumpling Daughter, wanted to honor her parents' success.
This Couple Started a Side Hustle Out of Their Volkswagen. It Made $1 Million a Month Last Year and Is 'So Fulfilling.'
Husband and wife Joe Demin and Rachel Connors are committed to building Yellow Leaf Hammocks — and supporting artisans in Thailand along the way.
She Turned Her Pandemic Hobby Into a Full-Time Business. Now Her Heritage-Inspired Candles Are Sold in Retailers Like Nordstrom and Barnes & Noble.
Melissa Gallardo creates premium home fragrances in candle form, all inspired by her Latin heritage. As she continues to build and grow her business, these are the lessons she wants to share with other founders.