7 Low Cost Franchise Ideas to Build Wealth FAST
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- čas přidán 3. 08. 2024
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Start a business
Own my own business
Start a business with no money
Career transition
quit my job 2021
career transition 2021
Start a business 2021
Become an entrepreneur 2021
When to quit your job
Leave your job
work for yourself
gary vee
#franchise #entrepreneur #startabusiness
🤑 5 Low-Cost Franchises That Make $1 Million: Learn about affordable franchises with high returns.
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I’m a black female that is currently buying my third franchise. I also own a business I started from scratch. Owning a franchise is a great way to learn how to run and grow a business.
Congrats to you! Yes it is.
What franchises you own? And which was the easiest to start? Btw I’m from Louisiana 👋🏽
May I ask how did you come up with initial investments and costs for the buildings?
Thank you for specifying your skin colour. Very necessary!
@A Great Man Named Lieu as a member of the black community I find it degrading to specify our skin colour in such a statement. It is essentially placing us in a box and was intended to be looked at as a greater accomplishment than any human being that owns 3 franchises. It is a great accomplishment in any case, but specifying her skin colour was not necessary. Would you feel the same way if a white man commented: “I am a white man and just opened my 4th franchise”. Gtfoh keyboard warrior
I’m tired of working for other people and working hard for nothing. I’m ready to close that chapter in my life.
You got this!
I'm interested in owning a franchise because, I am 30 years old with 2 children and I want to give them a house, instead of living in an apartment.
Chills. Love it. With a vision, a why and unstoppable work ethic- ANYTHING is possible.
Keep working my brother. I'm in similar shoes.
Trust me, with that franchise with your income invest in cryptocurrency to expand your wealth exponentially. A house is the worst thing to invest in, while investing in crypto you'll have passive income and dont have to pay taxes not until you sell and you can visit the world with your fam without a worry of money
@@jadon2740 True but crypto has higher volatility than owning a house and renting it, and with the rent money you can pay the mortgage and stuff.. sure crypto has serious chance of crazy ROI as well max risk. But with the house it has minimal risk. I'd say both is pretty good!
@@TariqJohnson and a massive loan from a bank that will interest you by 3% making you lose all your money after the business fails.
If you skip to the 3-minute 15- seconds Mark he actually starts the video you're welcome!
So long winded
I’m 22 years old and have been driving 18wheelers for a little over a year. I know I don’t want to do this forever so the next thing has to be better. The next thing ALWAYS has to be better
Great mindset to have bother. Rooting for you!
same god lee!!!
Thanks for your videos.
I want to own a franchise because as a disabled veteran, there are a lot of opportunities for me to be successful in many different spaces. Leaving by a legacy behind for my kids would be a true dream.
Thank you for your service. YES- leave a legacy for your kids. That becomes your WHY.
Send me an email and maybe I can help you make that happen. info@tariqjohnson.com
@@TariqJohnson I will definitely do that. Thank you for making contact so fast. I appreciate your professionalism Mr Johnson.
Look at Black Rifle Coffee. I think they prefers vets as franchisees.
@@grantmonge We’re mid-way through our franchise development process. We’re a Vet owned company and our franchise is exclusive to Veterans. Check us out!
Loving your videos and downloaded your Blueprint. Thanks for all the helpful videos. Considering a Pinspiration franchise. Have you heard of it? thoughts? Thanks again.
Hey Pamela- I'm just seeing it for the first time now. Interesting concept. How did you decide on that one? Reply to me at my email info@tariqjohnson.com , replies get lost here on youtube and I don't see them.
@@TariqJohnson Well you really got me thinking and I was able to emotionally remove myself from the idea and see that it is not the best choice right now. So I have shifted and am very excited for the new prospect.
I’m 19 and live in an area where the closest fast food restaurant is 10-15 minutes away. I’m interested in bringing a lot of businesses to my community but I want to know how this would be possible at my age and what I have to do get it done. I have so many ideas that I think would be very helpful just need guidance to execute it properly.
Demand and demographics are very important factors. Those businesses may be 10-15 minutes away because there aren't enough people or demand in your area.
With that said- if the demand is there, you could be on to something!
Assuming you don't have capital, you would need to research what could be successful in your area and then figure out how to raise capital/investors.
Nice information
Thanks
Brilliant. Proud of you brother.
Thank you! 😀
Awesome was thinking of having like a gym franchise
Very competitive, but I like recurring revenue models.
Start the video at 3:12. Thank me later.
Can’t I just thank you now?
Thanks bro
Thanks
lifesaver
Just found your channel. I am thinking of becoming a franchise consultant. I would like your thoughts on that type of role. Thank you.
Have you ever been a franchisee or worked in the franchise industry? If not, I wouldn't recommend it.
I’m interesting in owning a franchise because, if I do have kids I want them to have options … and so I can buy a house because I’m tired of living from paycheck to paycheck.
LOVE THIS!
Well why I’m looking into owning a franchise is to make money and have FREEDOM, I’m a union worker right now but I have no time for my own, spend hours at work yeah I make good money but I don’t want to stop there. I want my money working for me so I’m looking into investing in real estate and franchises, plus build a better future for my family. I’m 30 no kids
I love that. Freedom! That was at the top of my list too. Shoot me an email at info@tariqjohnson.com - I believe I can help you.
Hope to find you well Tariq! Great video. I want to own a franchise to learn business management and how to successfully and smoothly run a well known business. I have lots of experience being told what to do (employee), want to see the other side (owner).
Awesome man- keep hustling. Have you ever been a manager or GM- that'll give you a closer look into what it's like. Get a manager job working for a franchise owner to learn more.
My dad owned a Jan pro franchise it seemed to be if you are willing to work yourself and pay your employees a decent wage you can make good money
Great video. Thanks for the shout out to Anago Cleaning Systems. It’s a recession resistant business in a booming industry. Btw, it’s pronounced Ana Go 😊
Interesting because I've been considering commercial cleaning franchise but I didn't know it was recession resistant. What makes it recession resistant?
Got it. Ana-go!
I’m 23 years old I don’t have a college degree and I’m not sure how to even go about opening a franchise, but I’m eager to learn and I want to succeed, I’m trying to create generational wealth for my family and break the cycle. If you have any any classes or anything on some franchises I should go or that might work with me being so young I would love the info.
I don't have a college degree either brother. Absorb as much business knowledge as you can and seek to start a business ASAP. Franchises require capital. You can try to raise capital or partner with someone who has it.
If you don't want to take that route- start a business.
My Free 7 Step Blueprint on my website walks you through it step by step- go get it. Read it. Apply it. www.tariqjohnson.com/
I love my job. I am only 22 and i work as a Biomedical Engineer Tech lvl 2
Its a very good paying job so i still want to work everyday and if i can as a side to have a full on franchise running without me quitting my job. Its a healthcare job so it will never go down and i will always have that safe paycheck compared to a business where you don’t know what tomorrow holds.
But still i want to risk and get a loan to start a franchise.
Absolutely. You can find a semi-absentee franchise and hire a good team to run the day to day. Hit us up if you wnt help doing that. www.tariqjohnson.com/consulting
Can you make a video on how to manage different franchise at different locations at the same time?
Possibly!
What do you think of fresh coat paint franchise
Left you a response on your other comment.
I am interested in owning a franchise because hopefully it is a fast track to starting a business.
Awesome. It certainly provides structure and a support system- which can speed up the process depending on your goals.
What do you think about garage floor coating franchise?
Interesting, but I think there are much better and more profitable home services concepts out there. Shoot me an email if you want some ideas. Info@tariqjohnson.com
(I’m also in Orlando BTW)
Hey Tariq I really am getting serious about buying a Dollar Store and may have the perfect location, Im currently employed and retired out of the military. But I have no degree management or running a business. Your thoughts on them stores. I go to one a few miles from my home and cant believe the deals IO walk out of there with , not mention it seems like its always busy!
Hey D. Send me an email at info@tariqjohnson.com
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
Hey there! Thank you for the information here. I'm actually looking at Jan-Pro right now since 3 months to start cleaning biz. I'm trying to start my home care non med biz too. I need assistance with the latter. Can you help?
Happy to help! Grab our free guide here and then you'll be able to schedule a free call with my team www.tariqjohnson.com/freeebookconfirmation
I’m looking into doing franchise to live a good wealthy life for me and my wife and children in the future. I was looking into cruise planner franchise. do u think that’s a good idea? need advice
That's a low cost franchise I believe. I don't know alot about them. With COVID...I'd probably stay away from a business like that for now. Demand is likely very low.
I need some information about tissue paper business investment in USA plz make some videos on it.
I'm interested in owning a franchised cuz I want to own my own business and be my own boss and make money and it makes me look good from others perspective
Boom! Let's make it happen!
I have saved up around 60k and I have been looking at different franchise opportunities I’d like to take some advice from you
Hey Jared. Congrats on saving up those funds. Shoot me an email at info@tariqjohnson.com
I’m 21 years old and know that there are risk involved with investing. I have 401 k and work as a electrician since the age of 17. I wanted to gather more information about franchises just to minimize the risk of belly up businesses to try and start up.
Franchising is a great way to learn business while making money. You can always start a non franchise business after years of owning a franchise and learning how to run a business. You are thinking very well for a 21 year old. Best of luck!
Why are you interested in Franchising?
Make sure to grab my FREE 7 Step Blueprint to Business Profits in 60 days!!
www.tariqjohnson.com/
You're the whitest black guy I ever seen
For financial freedom of course. 26 years old and looking to retire early.
Do you put your franchises under separate LLC’s? If not what do you do with your business es as far as entity’s? I’m a Real Estate agent who has an entity currently, I’d probably wanna have another business separate from my Real Estate income I’d imagine.
I personally put all of my businesses under separate LLC's. Best to talk to your CPA from a tax standpoint and attorney from a liability standpoint.
*not legal advice.
I worked as a cleaner for a small cleaning company , I would say don’t get into that business. Customers complain about stupid issues and they don’t trust employees that clean. Cleaning sucks and customers complain way too much, it’s hard work.
Solid insights. Every business has it's pros and cons.
Hey, I am interested in opening a juice business but not sure should I buy a franchise or start my own business . Its gonna be my first business to start from scratch, will appreciate your reply
I think you know the answer... do you want to risk your first business , starting from scratch or follow a proven model?
Champion…!!!!!
😊
New subscriber!!!
Welcome!!
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
Do we need sell permit as a franchisee?
I’m 22 years old and I am getting out of the military this year. I’ve always desired owning/running my own business and finally feel that I have the discipline and get it done attitude to do so. I desire to have more time with my family due to the fact I lost so much in the military and want to be able to take care of my mother and sister. I’m willing to do all the research that is needed and use the benefits I’ve gained serving.
I’m also working on opening my own truck dispatching company
What do you think of a home inspection franchise
Firstly, thank you for your service.
There are lots of great opportunities. You need to make sure they align with your goals, skill sets and market demand.
Watch this free training I did buyaprofitablefranchise.com
I’m a 49 year old disabled veteran; I’ve also wanted to have my own business. What is the price range to start one of the franchise
What do you think about a niche online staffing business?
Answered your other question 🙂
I’m a veteran and I’m in a career that allows time to cater to both if you’re with the right employer. I want to open one of my favorite restaurants in a location I think it would really strive at. I will need funding but don’t know to get the funding. And I don’t have experience in that space.
Do you think I will need to have experience working in that franchise or business sector?
Thanks for your service.
Most franchise concepts don't require you to have any experience in the sector. Many ways to get funding. Here's a video on that. czcams.com/video/zDUBPWn7WqQ/video.html
@@TariqJohnson thank you for the response will sub and Check it out.
Yessir!
Quick favor to ask-
I need to interview 50 people that are looking into buying a franchise, or just trying to figure out how to transition from employee to full time entrepreneur.
I’d like to set up a brief call to interview you.
If you are down, please send me an email at info@tariqjohnson.com and I’ll reply with the link to book directly on my calendar.
Im interesting in franchise to make flexible income for my family
Awesome man! Great goal. You can learn how to do that at my free online event- make sure to register! Spots are filling up. dreamlifemastery.com/
@@TariqJohnson I want to invest in Dunkin’ Donuts own 5 locations is it a good business that’s is profitable
So I’m looking into getting a Firehouse Subs franchise, I’ve been working as a GM at one for 2 years, been there for 4. I need suggestions on what my move should be? Owner is selling his franchise with good sales
Nice! Sounds like a good opportunity. Have you talked to him about buying potentially? Do you meet Firehouse's financial requirements? If so how can you make it happen, and get the resources? Will the owner do seller financing?
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
Hi, I live in Europe but want to return to the USA. I used to live in Sarasota, Florida. Was thinking of starting a franchise with in care. Can we discuss more? Thank you.
Nice, I live in tampa thinking of making the move
I'm interested in a franchise. My question if I need help with anything with those franchises will support walk me thru it? By Giving me advice and tips, step by step information?
Once you get started with a franchise the franchisor will help you with most things, but there are many aspects they cannot give you advice on.
If you need help finding a franchise and that step by step advice through the process- we can help! See the link below.
www.tariqjohnson.com/consulting
Is chick fil a a good business to get into and is it as profitable as they say even though you only lease the business
Less than 1% of people get approved, and you don't get true ownership.
It’s time to work for myself. So I want to start something new I work with my family
I love it. You got this.
I'm interested in opening my own business or franchise to help out my community. Change my life of living and being wealthy for my family. I'm a single parent now of 5 kids.
Let’s goooo! I love it. I believe in you! 👏🏾
My reason is that I have watched as the last three companies I worked for sold for hundreds of millions is dollars off of my hard work and I am left to go beg for another opportunity to make yet another person wealthy. I am looking to have my experience and skills benefit my family this time.
GOOSEBUMPS. Le'ts go! I'm rooting for you...you got this!!
I am interested in owning a franchise for generational wealth for my kids and to become the 1st in my family to do it and lead the way for others
You can do it!! You got this 🔥
Thank you!! 😊
Love it! Rooting for ya!
i want to own a franchise so hopefully one day i’ll have enough money so i wont have to work for anyone but myself. Do you need a college degree to open a franchise?
Do not need a degree just need drive and an X amount of liquid capital/net worth depending on which franchise your looking to buy
Gadow was spot on. Generally if you can qualify financially, and have a background and level of acumen that the Franchisor likes and is willing to approve you you are set. I don't have a college degree!
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
I have an existing online small business that I'm passionate about but it's not making too much money. I also have a full time job and I'm looking for something successful that will bring in net extra income every month
If you are in a financial position to qualify for a franchise- it could be a great Segway. Or figure out a way to scale and grow your online business.
Working towards generational wealth
Awesome!
I currently run a painting company and where many hats, I would like help with marketing many time I through stuff up against the wall to see if it will work spending money on the unknown, I would like to change the game and slow down but increase revenue
Hey Steven, story of most most small business owners. I'm not familiar with the franchise you mentioned, but I do know of a couple good painting franchises. Reach out at info@tariqjohnson.com if you want to discuss.
Do I need any college degree or experience to own a franchise or can I be trained for the franchise
No you don't. As long as you qualify financially and get approved by the franchisor- they will train you.
Im interested because im getting a big amount of money and want to invest
Awesome! What's your plan?
I want to diversify my portfolio
Always a smart move!
Hey man how can I talk to you personally about opening a franchise and building income
Would love to help. This is how you can get in touch www.tariqjohnson.com/consulting
At the young age of 54 it's been very hard to find a job. I've been laid off far to many time and im so sick and tired of the struggle. I want to be my own boss and start fresh.
You got this! If you want to find out more about franchising, you can grab my free ebook -> www.buyaprofitablefranchise.com/o-optin
Bro how do make ur run alone without the employees doing nonsense when it not around?
i feel like its kinda a safe way to build up owner skills and make profit as long as you sick to protocol or make better ones to impove
Agreed. Although all business ownership has risks, franchises definitely help to increase your likelihood of success. In most cases you are following a proven track record.
What you get in return for giving franchise consultation ?
I don't understand your question.
@@TariqJohnson I guess he’s asking if you charge a fee for consultations ?
I want a business that I can run from home while I work. I want the concept work already done.
Sweet. Once you get up and running and have a team, very realistic.
I am very interested in a franchise to build wealth. How does this work?
Great question- this video will answer your question. czcams.com/video/RxuObUceBIk/video.html
I would like to own a franchise in multiple states for multiple reasons. Our WHY is to bring my husband home from a labourous job he's worked faithfully for 20 years without complaint. And to provide a legacy of financial freedom to my children. Our dream is to own a ranch and work the ranch but not be dependent on the ranch for income.
We already own a painting company and work as a family, and love being together when we can.
Absolutely love this vision and why! Beautiful.
If you’d like some help finding the right franchise, reach out! Info@tariqjohnson.com
I'm a full time student who heavily invested in cryptocurrency. I want to franchise a smoothie juice bar
I know a thing or two about the juice bar business 😉
I want to learn how to create and make income.
Let's get it. What's stopping you?
I am 63 years old and getting ready to retire from my permanent job to Food Chain Franchise, KFC, Chick Fila or burger King. What is your advise on the proposal?
Why food? There are so many better industries. Reach out at info@tariqjohnson.com if you want help finding the right fit.
Do you need a medical license for the in home health care?
I'm not sure. If so, that would be something the Franchisor would provide guidance and instruction on.
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
Been watching all your videos boss keep up the good work. Hopefully buying my own franchise in the next few months 👍
It’s called hommati
Awesome! Looks like a great concept! Make sure to grab my free 7 Step Blueprint to Business Profits in 60 days if you haven't already. Best of luck to you!
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
Any one buy a cleaning franchise? If so which would you recommend?
I can help recommend one to ya- send me an email info@tariqjohnson.com
Hi,
MR. JOHSON
HOW ARE YOU.
I am interested in property management Franchise, could please give me more information?
Thanks,
Nasrollah kiarash.
Hi Nasrollah, I'll send you an email.
@@TariqJohnson actually, I would be interested too. Ty
Email me at info@tariqjohnson.com
Tariq is hosting a FREE online event, go register at dreamlifemastery.com/
@@TariqJohnson I'm interested too
Because I'm a single mom I work so hard I will like to have a better way now I work put to all must to 97 hours a weeks and get paid minimum wage and now i really tired of working like that I hope to find a better way
97 hours a week?! That's nuts. The ROI you could get if that was your business could be insane.
More info
More info on what? Check out my website if you need help with anything. www.tariqjohnson.com/
Hello sir.. I am interested in in home health care franchisee..
Awesome. Interested or committed? 😉
I'm interested in franchising to bring in more income. I'm a single mom and just have one income for the moment. Need help.
Happy to help! Grab our free guide here and then you'll be able to schedule a free call with my team www.tariqjohnson.com/freeebookconfirmation
Hi Tariq, I have a business and thinking about franchising it. As an entrepreneur like yourself, I have a proposal for you or anyone in your circle. where can we connect?
In order to franchise a business it needs to have a track record of at least $250,000 in annual sales.
The franchising a business process costs between $40-$75k.
You can send emails to info@tariqjohnson.com
I am not getting my blueprint
Sorry to hear that. Email support@tariqjohnson.com
20% of the starting video is just sales pitch to watch this, watch that... wanted to switch it before even it starts. Usually videos should be on point rather than all extra stuff.
It's time of shorts baby. Just provide value in 30 seconds.
Yea, if I had the opportunity to do it all over again I'd probably dive right into the video.
I have a sh*t load of shorts I've made so just go to my channel and check them out if you have a short attention span. 😉
I’m currently opening a business with a model similar to franchising, anyway I can contact you?
I offer consulting and coaching services. You can apply here. www.tariqjohnson.com/consulting
I emailed.
👍🏽
Not unless the salaries go up. They're all closing now.
I don't understand your comment.
I want to won 7- eleven franchises...
Ah- I hear it’s not a pleasant experience on the franchisee side of things.
what franchise can I get with only $75,000 and no real net worth?
If you have $75k , you have a lot of options. Send my team an email at info@tariqjohnson.com
Also make sure to sign up for this. It’s free and epic. dreamlifemastery.com
Just tell somebody how to do it.
How to do what?
looks like a broke down tiger woods.
🐯
i’m interested in opening a waffle house in California to compete with the denny’s and ihop’s in the area because many people on the west coast don’t know about waffle house
Super expensive to open- $1million +. Just because you like a business as a customer doesn’t mean you should try to own that business- it’s actually a quick way to get yourself in trouble.
@@TariqJohnson can you elaborate on that please. Why wouldn’t you own a franchise that you actually enjoy?
Because I want to free my time
Sorry, a niche business in K-12 education.
I don’t know the specific business and market, so it’s hard for me to respond accurately to that.
With that said, if there is the right demand in your area it can be a great business. Education is something that will always be needed.
I would recommend watching this masterclass I did. It will explain A LOT.
czcams.com/video/ZF2UytWAvcQ/video.html
Most of the content is irrelevent for a person looking for a viable low cost franchise.
Why is that?
Here’s a more recent one that may be helpful 5 Low-Cost Businesses that Make $1million (Backed by Data)
czcams.com/video/nJtAHaDYenA/video.html
You lost me with the 3 minutes of crap you plugged this video with in the beginning. Make that 4 minutes.....
1. You can fast forward.
2. I spend hours of time researching, and putting the content together so it’s impactful and applicable. I can plug whatever I want.
3. Don’t watch my videos if you don’t like it.
4. There was a ton of applicable knowledge, and you chose to complain about the intro. I could probably guess your bank balance within a few hundred bucks.
@@TariqJohnson why do you get so upset at internet comments? You seem arrogant.
I'm not here to make everyone happy and like me. Some people will like my style and some won't I'm ok with that. My intentions are to help. If you knew how much time it took to get 1 video, and then someone shits on it lol. I get to react however I want. Here's what's great. You can watch, or you can not watch. If you perceive me as arrogant, I'm ok with that.
@@TariqJohnson and that's okay bro fuck dat fake shit
@@rjlupen570 He has his own business already so he's taking the time out of his day to provide insightful knowledge. The fact that someone is complaining when they could've just fast forward pissed me off as well. Its not arrogant its being annoyed.
2 minutes in and nothing. This guy is so long winded....i pass
Back in the day I didn’t know how to make videos, a little grace and fast forwarding? 😬
No offense, but over 3 minutes into the video you still haven’t got to the point. It was agonizing.
I feel you. Current videos get into quickly. Was still learning how to make content a year ago. 🙂
Terrible
Thank you! Where are your videos? Oh you don't have any...
Talk like your speaking to adults
What? Sounds like an insult but hard to tell from a guy that makes videos like this 😂czcams.com/video/nJaiI9pPPu4/video.html
This was the first video that I've ever seen of yours. The first three and a half minutes of promoting your stuff, yourself, and your channel completely turned me off. I made it 4 minutes into the video and had had to go to something else because there was no real content in the first 4 minutes of the video and you talked way too slow and are fairly boring.
Thanks for feedback. If you watch some of my more recent videos the content style is different. I jump more into the topic quicker.
Here’s what’s great about CZcams and content- you don’t have to watch or follow anyone who you don’t resonate with their style.
I have a lot of people that leave raving feedback on my content and delivery. They appreciate that I have the MOST detailed, thorough, and actionable strategies and advice on franchising - AND how to transition from Employee to Entrepreneur.
FINALLY- the reality is not all content should be “exciting”. You label boring as delivering details. If you can’t sit through a “boring” training on how to develop a specific skill set or learn an aspect of business- then maybe entrepreneurship isn’t for you.
@@TariqJohnson you should be learning from this instead of trying to be smart and overly sensitive, he was right you did take way too long in the beginning. Good, you changed your delivery style on videos, now work on that in your responses.