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?
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…
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We’re going to be adding to this list, so check back soon for more low-risk businesses to start in the UK!