Franchise Opportunities in the USA – The Many Different Kinds of Business Options

The franchising business model in the USA has contributed significantly to economic growth. Though research figures for recent time periods are not easily located, 2005 figures suggest that franchised businesses in the USA contributed to more than eleven million of all jobs in the year 2005. They also contributed about $280 Billion in payroll and put out an estimated $880 Billion worth of products and services for the economy.

The above mentioned figures can easily get a person interested in USA franchise opportunities. Franchises in the USA are usually categorized by the amount of investment that will be needed. Below, is given a sampling of franchises available in the USA with varying levels of required investments.

Less than $15,000

• Knockout Vending – This is one of the cheapest franchise in the United States of America with a required investment just under $4,000. This is a business model where you just have to convince a restaurant or bar owner to install your vending machine on their premises. Your machine will begin to collect cash from customers who decide to play a game. It will not require any employees or selling and the risk is very low.
• Background Screeners of America – You will require about $12,000 as an investment to get into this business where you provide employee background screening services. This is an Internet based business that is very lucrative as almost all companies in the USA are now requiring background checks on potential employees.

$50,000 - $75,000

• Liberty Tax Service – Liberty Tax service has a 41 year track record in the tax filing and preparation business. The business model already has 3,500 offices that have been opened over 13 years. You will require about $60,000 to get into this and other similar franchises in the United States.
• Anytime Fitness – This popular franchise business also has a large presence in the UK. One will typically need about $60,000 to begin a franchise for Anytime Fitness. If you have a passion for sports and fitness, this could definitely be a fantastic way to monetize your interests.

$150,000 - $300,000

• Meineke Car Care Center – These opportunities will require about $200,000 in investments. Meineke is a very well recognized auto repair brand in the United States. In fact, surveys conducted by independent companies showed that almost 92% of Americans were able to recognize the Meineke brand. The company will provide comprehensive training support in addition to providing assistance for financing through a third party.
• Togo’s Eateries Inc – If you would like to get into the food franchise business in the USA, Togo’s Sandwiches will be a fantastic way to do exactly that. It will cost you about a quarter of a million in investments. The company will provide training and Togo franchisees also have the added luxury of approaching the SBA for a loan. The SBA or a Small Business Administration is a federal entity that was set up to help out business owners who might not have the best of credits.

In excess of $300,000

There are many more franchise opportunities in the states that will require a large investment or proof of financial resources in excess of $300,000 or even a Million Dollars for that matter. For example, Taco Bell will require about $1.2 Million in proven financial resources. Such large USA franchise opportunities may also have other eligibility requirements such as having to be the owner of several businesses already in order to qualify for the franchise.