Finding a great entrepreneurship idea can be challenging, but it helps to know where to look for inspiration. Some experts recommend that you look at the start up kits on websites like Entrepreneur.com. Another option to consider is to purchase a franchise or an existing business so you can hit the ground running. Some good resources for finding franchises include websites like Low Investment Franchises. This site features many franchise opportunities with buy in costs of under $50,000, with some as low as $25,000.
Another helpful resource for potential franchise owners is the Entrepreneur’s Guide to Franchising. This guide offers an excellent intro to the world of franchising by explaining the major differences between franchises and other types of business opportunities, including tips on due diligence before deciding on a franchise to purchase.
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