| The answer usually is - as much as you have, and | | | | or home care referral service without going through |
| then a little more. | | | | the expense of a franchise. |
| But seriously, how much money does it cost to start a | | | | If that is your choice, you will have three sets of |
| business ranges from a few dollars to millions. It | | | | expenses. First, you will have to get the site and the |
| depends on how much you're willing to spend. | | | | equipment - your capital expenses. Next, you will need |
| If you want to start a big franchise with a physical | | | | to have money for operating expenses. Finally, you will |
| location, it can cost well over a million dollars. For | | | | have to develop a marketing plan on your own and |
| instance, a D'Arcy McGee's Pub requires $1.8 million in | | | | have the funds to implement it. |
| liquid capital. Greasy Monkey Oil Change Franchise | | | | Are there low cost businesses you can open? Of |
| board recommends you have $700,000 over and | | | | course. |
| above the $500,000 franchise fee. | | | | Working from home eliminates the cost of having |
| That doesn't mean that every franchise is in the million | | | | commercial or office space. If you have a service you |
| dollar plus range. A Caring Hearts Home Care | | | | can provide or a product you can produce from your |
| Franchise costs just $7500 to start up. So, how much | | | | home, your start up costs could consist of $100 in |
| money does it cost to start a small business franchise | | | | supplies and a web site. |
| is from the low thousands of dollars. | | | | Working from home has become more accepted and |
| But your options are not limited to franchises. For | | | | desired in recent years. |
| instance, you can open a restaurant, oil change shop, | | | | |