I need to pack in a very physical job for health reasons, and would like to work from home. I have £10k maximum to invest from sale of house, and thought about a franchise. Had a look on relavant franchise sites, but some look dodgy, and so would appreciate suggestions. I don't drive, and would be limited to home based computer and telephone. If I could earn £20k I could get by.
Thanks in advance for your help.
Male aged 59. Engineering background. Have gained skills as a shop steward sorting out other peoples problems, and successfully helped several people in making claims for compensation, and appealing benefit awards.
Well first of all theres lots of scams on offer for working at home and even if you did find one doubt you would earn 20k, has for franchise the people that sell them earn the money, buts that my opinion.
just be very, very careful, as the old phrase goes ' if it sounds to good to be true it is', a lot of these so called business opportunities rely on desperate people willing to part with cash for an income, this is speaking from experience!!
The only ones which are fairly safe are the big household names but then you pay for it.
Sorry to be adding yet more comments that dissuade, rather than encourage this.
My observation would be that franchises typically work on geographical territories (often exclusive geographical). I can't see how that is compatible to what you are proposing, in terms of finding and servicing customers . Hope you find something.
it was that easy for £10,000 i wouldnt be working 50 hours a week for someone else !!
Another thing i was told by a bank manager was when looking at a franchise, double the claimed start up costs and halve the profit , a far more realistic set of figures.