2018 would be the perfect year for you to get rich, and you should be thinking about 17 most profitable franchises to buy in 2019 .
The original franchise business definition is a bit long, but in a nutshell, a franchise is “a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company.” Basically, you purchase the license from the big guy to run a part of his company. You’re the franchisee or the franchising company, and the other side is called a franchisor. The reasons why so many people opt for this kind of business are various. Some are just too lazy to bother opening their own original company. Others are anxious about doing everything on their own, while some simply seize an excellent opportunity when they see one. Oh, yes, franchising is one profitable venture. What are your thoughts on McDonald’s? You’ll see how much it costs in the article (it doesn’t belong to the list, though).
You don’t have to spend a fortune with these franchises. There are enough of them under 10k for you to choose from. Also, you’ll see what are some of the downsides of franchising so that there are no surprises. Speaking of which, every franchise from the list has the cost of initial investment, and how long it has been operating. There are recently opened franchises, but some of them are over 30 years old, and still running. Talk about reliability!
Above all, it should be mentioned that the franchises were chosen according to the upcoming 2018 consumer trends. Therefore, you don’t have to worry if your newly opened business is going to earn revenue. With these ventures it should be relatively easy to get back what you invested.
So, if you see yourself as a successful entrepreneur in 2018, take a good look at Insider Monkey’s 17 most profitable franchises to buy in 2019 !