Everybody loves a deal. Unfortunately, the perception is usually that you get what you pay for: Spend less money and get less value. Fortunately, you can find franchise brands with a lower initial investment that are also a great business opportunity — if you know what to look for. Keep reading to learn how to identify a low-cost franchise opportunity in Australia and New Zealand that also has high growth potential.
What makes a franchise low cost?
When you hear about a franchise opportunity being “low cost,” it’s usually referring to the franchise fee and other startup costs associated with ownership. Choosing a brand with lower fees means that your initial investment amount is smaller, allowing you to take out smaller loans and potentially qualify for better financing options. A lower initial investment also frees up capital to help you grow your business faster. Longer-term factors that affect franchise cost include the number of employees required to run the business (fewer employees = smaller payroll) and how much inventory you need to keep on hand.
What else should I look for in a franchise opportunity?
As you search for your perfect franchise fit, there are several factors you should consider in addition to the initial cost of ownership:
- Support: A strong franchise brand will be with you every step of the way, from your initial inquiry to grand opening and beyond.
- Strong earning potential: You want to invest in a company that has a proven business model and multiple revenue streams so you can grow your business.
- Brand recognition: Owning a recognisable brand with a good reputation helps you build credibility and trust with your customers.
Do your research
To find the right low-cost franchise opportunity for you in Australia and New Zealand, you’ll need to explore different brands across different industries. For example, a franchise in the food industry may not be your best choice considering the amount of inventory you’ll need to keep on hand and the number of employees needed to staff a restaurant. And something in the pet care industry could require a lot of space to run, which will mean a higher real estate cost for you.
One industry that you may not have considered is recruitment. This type of franchise matches people that are looking for jobs with businesses that are hiring. It has the added benefit of making a true difference in the lives of others by helping them find meaningful work.
Is a recruitment franchise considered low cost?
Yes. Express Employment Professionals is a low-cost recruitment franchise in Australia and New Zealand that is known for having a lower initial investment and franchise fees as compared to other ownership opportunities. And because of the simple business model, there’s no need to keep inventory on hand and not many employees are needed to get your office up and running.
Tell me more about Express
Express is an award-winning recruitment franchise with over 860 locations around the globe. Its top strengths include:
#1 Staffing Franchise
Express has been ranked top in category by Entrepreneur magazine for 13 years in a row.
Unrivaled Support
The Express brand has more than 40 years of industry experience to help you build a strong business.
Industry-Leading Sales
The earning potential numbers of an Express hiring professionals franchise are some of the best in the business.
True Work-Life Balance
Express offices are open during traditional operating hours, giving you the freedom to be your own boss and more time for the people and things you love.
Sylvia Elix proudly opened the first locally owned Express recruitment office in 2021, bringing with her nearly 20 years of staffing experience and a love of building relationships and caring for others. “Absolutely I would recommend Express,” says Sylvia. “It’s well-suited to people who are good at sales.”
Is Express franchising in Australia and New Zealand?
Express is experiencing incredible growth, and markets are available across Australia and New Zealand. There’s never been a better time to make the life change you’ve been dreaming about.
How can I get started with Express?
The ideal candidate is an energetic, hands-on leader with a background in recruitment who wants to work in their business every day. Experience in sales or client services is also helpful. Financially, you should have a net worth of $170K to $250K and access to liquid assets in the amount of $190K to $250K.
If you’re ready to get started with the Express opportunity, fill out the form below to connect with a Franchise Development Director.
