10 Low-Cost Franchises You Can Start From Home Right Now With these franchise opportunities, you don't have to leave your home to start your own business.

By Tracy Stapp Herold

entrepreneur daily
Luis Alvarez | Getty Images

If you're stuck at home right now, you may feel like your options are limited. But this might just be the perfect time to think about starting a business right where you are. The franchise world offers a myriad of opportunities that can be run from the comfort of home. And as an added bonus, without an expensive storefront to pay for, the startup costs for these businesses tend to be low. Check out the franchises in this slideshow for just a sampling of the homebased franchise opportunities that can be started for less than $100,000:

Related: Considering franchise ownership? Get started now and take this quiz to find your personalized list of franchises that match your lifestyle, interests and budget.

Brightway Insurance

  • Franchise 500 rank: 254
  • Initial investment: $42,300 to $178,916
  • Total units: 191

Brightway Insurance franchisees, who sell home, personal lines, and car insurance, are normally required to operate out of a retail storefront and have three employees. But the company recently announced that new franchisees can launch their business from home and without any employees, until stay-at-home orders are lifted.

Challenge Island

  • Franchise 500 rank: 345
  • Initial investment: $48,300 to $62,950
  • Total units: 104

Challenge Island is a children's enrichment franchise that teaches kids STEAM concepts by having them work in "tribes" to solve various challenges. While classes are normally offered at schools or other venues, in the age of social distancing the company has created a "Home Island" concept that can be operated remotely via the Zoom app.

Cruise Planners

  • Franchise 500 rank: 46
  • Initial investment: $2,295 to $23,617
  • Total units: 3,062

All you need to run a Cruise Planners franchise is an internet connection. While a travel agency might seem like a strange choice of business to start right now, the company reports that travel bookings for 2021 are already up 15 percent, as people stuck at home anticipate being able to explore the world once more.

Destination Athlete

  • Franchise 500 rank: 282
  • Initial investment: $28,300 to $120,110
  • Total units: 134

Destination Athlete franchisees operate a homebased business providing sports and field equipment, uniforms, spirit wear, varsity jackets, fundraising solutions, and more for youth and high school athletes. The franchise can be started for as little as $28,300, and the majority of franchisees run the business part time, allowing them to work other jobs or spend time with their families as well.

Discovery Map

  • Franchise 500 rank: 386
  • Initial investment: $35,950 to $45,950
  • Total units: 135

Discovery Map is an advertising franchise that can be started for less than $50,000, and a brand that has been around for decades. Franchisees produce colorful hand-drawn maps of their local areas, highlighting attractions, restaurants, hotels, shops, and more, and distribute them at travel and rest areas and other businesses that tourists are likely to frequent.

Dream Vacations

  • Franchise 500 rank: 73
  • Initial investment: $1,795 to $20,300
  • Total units: 1,432

Another homebased travel agency franchise, Dream Vacations is also anticipating a high demand for its services once travel restrictions are lifted. The company has modified its new franchisee training to make it completely virtual and increased the franchise fee discounts it offers for minorities, veterans, and community heroes looking to become franchisees.

Leadership Management International

  • Franchise 500 rank: 189
  • Initial investment: $20,000 to $27,500
  • Total units: 458

Founded way back in 1966, Leadership Management International offers leadership coaching, training, and facilitation services to clients ranging from small businesses to large multi-national corporations. The franchise can be started for less than $30,000, and franchisees can offer services in-person or online through video conference platforms.

Lendio

  • Franchise 500 Rank: 272
  • Initial investment: $30,150 to $117,100
  • Total units: 69

Lendio franchisees assist entrepreneurs with applying for and obtaining loans — a service that's in high demand right now — and have the option of working from a home office or from a storefront location. With a home office, startup costs can be as low as $30,150. The company was founded in 2011 and just began franchising in 2016.

RSVP Advertising

  • Franchise 500 rank: 328
  • Initial investment: $96,401 to $265,096
  • Total units: 67

RSVP Advertising is a direct mail company that advertises upscale local businesses like restaurants, home remodelers, landscapers, and spas with a quarterly packet of postcards mailed out to the wealthiest 20 percent of homeowners in an area. No employees are needed, and it can be run from home for less than $100,000.

Tutor Doctor

  • Franchise 500 rank: 164
  • Initial investment: $73,295 to $100,995
  • Total units: 662

Ranked #42 in Entrepreneur's Fastest-Growing Franchises list this year, Tutor Doctor offers a homebased opportunity that can be started for less than $100,000. Franchisees offer in-home one-on-one tutoring services, and the company already offered online tutoring options before COVID-19 hit. Now those services are in even higher demand.

Tracy Stapp Herold

Entrepreneur Staff

Tracy Stapp Herold is the special projects editor at Entrepreneur magazine. She works on franchise and business opportunity stories and listings, including the annual Franchise 500.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Related Topics

Science & Technology

Save More Than $200 on a Lifetime of Streamed Documentaries

Curiosity Stream is like Netflix, except for documentaries.

Productivity

Practice the Powerful 'Morning 3' for a Focused and Satisfying Day, Says Google's Executive Productivity Advisor

Laura Mae Martin, author of the forthcoming book 'Uptime: A Practical Guide to Personal Productivity and Wellbeing,' shares her strategies for success.

Science & Technology

1 in 5 Companies Had a Security Breach, New Study Says

The most common factor to blame? Mobile devices.

Science & Technology

The 'Mother of All Breaches' Just Happened — Here's the Security Implications for Businesses

If your business exists online, chances are some percent of your customers' data got leaked in what cybersecurity specialists boldly labeled as the "mother of all breaches" (MOAB).

Side Hustle

Getting Laid Off Allowed Him to Focus on His Sentimental Side Hustle. Now He's on Track to Earn Over $700,000 in 2024.

Alaa El Ghatit wasn't fulfilled at his day job. So he started LifeOnRecord to help people record memories and well wishes.