A friend is doing this and I want other opinions: Has anyone considered setting up a small franchise (one with lower cap reqs), using that revenue to set up a second one etc etc? It seems like a solid business plan and they claim it’s loads better than “joining the rat race” – Anyone know why this isn’t the amazing plan it seems to be?

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It’s a lot of work

Not certain exactly, something like maybe 30-40k, but ofc repaying business loan on Franchise 2 so technically non profitable in first few yrs.

You mean like a subway or a sparkle cleaning company? I think to make money with it you have to really grind by doing the bad jobs yourself and rely on family members working for minimum wage.

There are others with low capital requirements like local companies (education centres, swimming lessons etc).

What’s the initial cap requirement? Can you give me more details

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