A franchising business is a good option if you want to start a business without having to start from scratch. While there is still a lot of work to do, many processes and aspects are already put in place by the franchisor, which lessens your load. There are various opportunities that you can choose from, including those that are low-cost for when you’re still starting out. As a mom, having a business can be beneficial instead of going back to a 9-to-5 so that you can take care of your kids. Listed below are some of the best low-cost franchises that you can invest in as a mompreneur.
Fit4Mom is a company geared towards pre- and postnatal health and wellness. There are several programs to suit every stage of motherhood to help moms keep fit in body, mind, and spirit. As a Fit4Mom franchise owner, the company will grant you a territory where you can conduct the programs in your community. Franchise fee can be anywhere from $5,495 to $10,495, and the initial investment can cost $6,205 to $24,285. Remember, you need to have a franchise know how before jumping into purchasing any franchise. Current franchise owners report that there are no hidden costs to be a franchisee, but you need to be prepared for expenses such as:
- Insurance coverage
- Training and certification fees
- Indoor or outdoor location fees
- Cardiopulmonary resuscitation (CPR) + automated external defibrillator (AED) certification
- Startup equipment and merchandise
- Instructor fees
- Brand fund contributions
- Dream Vacations
Dream Vacations is an opportunity that you might want to consider if you’re a mom looking at home-based business ideas. With 1,300 franchise owners, this travel agency boasts of providing a business that allows you to work from anywhere, whether from the comforts of your home or from having your own vacation. As a franchisee, you will also get travel perks and discounts, which will definitely make your family holidays a lot more fun. Franchise fees differ from $495 to $9,800 and initial investment costs from $3,245 to $21,850. There are a lot of positive reviews about this company from long-term franchise owners, but it’s still best to do more research to see if this is what suits you. Some of the things offered by the franchisor are:
- Full initial training
- Advanced web-based tools to allow you to work anywhere
- Dedicated support from the team
- More than 500+ online training modules available
- Marketing strategies for lead generation and social media
- Just Between Friends
With more than 100 franchises to date, Just Between Friends is called such because of its beginnings. It’s a local consignment service that conducts events and sales to buy and sell children’s clothing, maternity items, baby gear, toys, and others. If you’re a mom with a network of other moms who may have tons of children’s clothing that are no longer in use, then this could be for you. As a franchise owner, you can market to consignors who have items to sell to have at least two events annually. Franchise fee costs $17,900, and total investment per territory can range from $32,774 to $45,449, according to their website. A few things included in the franchise package are:
- Custom-built web design
- Online marketing and branding tools
- An online barcode tagging system
- Event banners
- Operations manual and proprietary procedures
- Baby Bodyguards
Baby Bodyguards is a company dedicated to “baby proof” the environment. Started by a mother, this franchise is also a good opportunity if you’re focused on providing the best environment for babies within your network and community. Baby proofing includes gate installations for stairs, doorway safety measures, sharp corner guards, and more. Other services are infant and child CPR classes where expectant or new parents are taught about various things. The cost of the initial franchise fee is $15,000, and the initial investment can range from $33,215 to $59,855. As a franchisee, you will have:
- Protected and exclusive territory
- Area development programs
- Ongoing support
- Proprietary methods and curriculum
- Multiple revenue streams
- Web services
- Lil’ Kickers
Lil’ Kickers is a company that created a curriculum to introduce kids to soccer and aims to develop the emotional, social, and cognitive abilities of a child through the sport. This franchise opportunity can be appealing to mompreneurs in a community where sport is highly encouraged at a young age, or if you want to start that change in your area. The franchise fee can cost up to $10,000, and the total initial investment can range from $7,000 to $46,232. Being a franchise owner, you will have:
- Detailed curriculum to apply for kids in different stages
- Comprehensive training program by certified coaches
- Easy access to classes and registrations for customers
- Marketing and sales campaigns
- Week-to-week operational guides to track your growth in the program
- Moms on the Run
Moms on the Run can be a perfect franchise for you if you’re a mom passionate about running and fitness with friends and a network who are excited about something similar. The company has different fitness programs for women of various ages, even if customers aren’t moms. At the same time, 10% of the company’s profits are given to the community through scholarships and local races. The initial franchise fees range from $4,450 to $4,950, depending on your location, with monthly services fees which start at $215. Other reasons to start this franchise are:
- You want to market a business that you’re already passionate about.
- You want to grow a community of fit moms and women in your community.
- You want a business that works within your schedule and family.
- You want a franchise where you can coach and motivate other women.
Modern times has opened many entrepreneurial opportunities for numerous moms, including inexpensive franchise opportunities. Owning a franchise can be an excellent avenue to start a business with a brand that you think you can work well with and trust. Listed above are six examples of companies that offer franchising which may be suitable for the mommy lifestyle. Don’t forget to do more research and look at what is best for you before you purchase one.