Finding The Best Franchise Concept With Low Startup Costs

Question #1:
Hi Beau, I’m trying to figure out what franchise might be a good option for me. I have about $150k on the sidelines and like the idea of owning some sort of home-based business. I should have pretty low startup costs and the business would have to align with my skill set. I am extremely handy and work for a large property management company doing project management.
How would you go about starting the search for a franchise concept? I would love to own my own business after 20 years with my current employer.
Thanks,
Jose

Timestamps
[00:05] Beau introduces this episode’s Q&A session with Bill Davis.
[00:12] Go to investorfinancingpodcast.com/ask to ask other questions
[01:03] Franchising as a trend in starting your own business
[01:27] Home-based businesses are good to have low overhead and high-profit markets
[0:41] Watch the “Home Service Franchise Concept Opportunities [Kura Home Maintenance]” episode here: https://www.youtube.com/watch?v=ei0UKEKdrTc&t=126s
[01:54] Choose an option that aligns with your startup capital
[02:15] Start out with one van and do a home service business
[03:05] Figure out where your skills are
[03:33] What type of business is ideal if you have project management skills

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#franchiseconcept #franchisebusiness #franchisefinancing

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

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