7 profitable franchises for small businesses

The idea of franchising is as simple as anything ingenious. An experienced entrepreneur (franchisor) transfers the right to his trademark (franchise) to an aspiring businessman (franchisee). For the use of the brand, the franchisee makes an initial (lump-sum) fee, and subsequently pays a monthly percentage of profit or turnover - royalties.

Thus, the franchisor receives additional income and expands its business. And the franchisee saves on advertising and can count on support in all matters, from renting premises to staff training.

It is convenient to combine the management of the educational center with the upbringing of their own children, who can study here. Therefore, such a franchise, as a rule, is especially liked by adventurous mothers of preschoolers and students.

6. Barber with a fixed price

Initial investment:from 600,000 rubles.
Average payback period:from 6 months.

The business is built on budget hairdressing services at a uniform cost.

Before opening a store, find out if there are competitors in your city and consult with the franchisor on how to get around them. These can be reduced prices, an advantage in delivery speed, promotions, contests, special offers. It is important to make sure that the franchisor sells a quality product that you yourself like.

An Instagram store is good as a source of additional income: if you do not dream of exorbitant income, it is enough to devote 2-3 hours a day to communicating with customers.

Profitable: Powerbarbank from Baseus for 20,000 mAh for 1,101 rubles

The discount is also valid for the model with a capacity of 30,000 mAh. An external battery will allow you to simultaneously recharge several gadgets at once. It is equipped with two USB ‑ A downstream ports and a Type ‑ C connector that works in both directions.