Low-risk ways to start a business for under £30,000
A franchise gives you the benefits of starting a business with fewer risks involved. We’ve rounded up a cross-sector of ‘safe’ UK franchise opportunities
If you’re thinking of starting a business, it’s likely that you’ll be debating whether the risks will outweigh the potential gains. With over 170,000 start-up businesses having ceased trading in the last year, making the jump from a day job to a start-up venture is by no means straightforward.
But what if there was a way that you could start a business that was effectively low risk from the get-go? A way to have increased security, ongoing support, and a profitable career from the outset?
Action point: Could a loan help you to start a business? See how we may be able to help here and here
Starting a franchise business is typically a much safer route than starting out on your own. You take on a proven concept and follow a tried-and-tested model, benefit from the security of an established brand, and, what’s more, banks will be more likely to lend to you.
Franchising is a sector of prosperity and with over 900 franchise brands currently operating in the UK, there’s no better time to start a franchise business than the present.
Most franchise opportunities are open to those from a range of backgrounds, often only require limited resources to start up, and come with a package of training and resources.
So with that in mind, we’ve compiled an index of some of the top low-risk franchise businesses to start in the UK from cleaning to consultancy – all with a minimum investment of less than £30,000.
Follow the buttons to get inspiration on which businesses you should start if you want to play it safe…
We’re going to be adding to this list, so check back soon for more low-risk businesses to start in the UK!