I am a women in my 40, have about 100k in cash that I want to invest in a franchise. Have been in technology and consulting and didn’t so much like the unpredictability and the boss-worker attitude that went with it. Recently laid off. I am looking for something in child care, homework clubs, food industry or anything else that will have a demand. Any recommendations?

likehelpful
Posting as :
works at
You are currently posting as works at

I often found franchises to be capital intensive. On the other hand, eCommerce, SaaS, Marketplace are low cost and can be run by fewer folks. I am in the process of acquiring an online marketplace and happy to chat more via DM if you’d like.

like

Would love to hear about this

Look into ghost kitchens or retail models.

smartlike

Owned and sold a franchise here, and was also a business broker.

Child care has bottomless demand in the right areas but labor has been the sticking point recently (no surprise). Fairly well regulated industry, and has liability/insurance risks. Slightly more expensive to build out due to size and the A/B-grade real estate required. Learning Experience, Kinder Care, and Primrose are heavy hitters.

I’ve heard good things about the Kumon-style homework clubs, but I have less experience there.

Food industry is a red ocean. Margins are generally tight and labor is a battle. I would consider if the location was right and the concept was simple (e.g., smoothie place by a hospital).

It helps to be personally interested in the niche you’re looking in.

likehelpful

Plenty of places to get certified I’m sure, but demand for private tutoring should always be there.

like

DM me for crypto investment?

funny

A friend of mine opened a Jimmy John’s. He had to go to Michigan to train. He was scrubbing toilets at 2am. Ivy League/I banker which made that all more funny. Trick was getting the catering gigs to make money.

like

Didn’t he learn in his business classes about franchises 😅

Be careful who you talk to especially when you let them know you got a 💰 vault. The first comment from DD1 is highly recommended.
I invested 160k into a biz that was successful at first but ran into a wall due to legal issues and claims.
Wishing you the best!

like

The only person who makes money is the people selling you the franchise you will become an low paid employee as you have to purchase 💯 of everything from the franchise. Start your own business and stay from crypto cash is still king. I agree with D1

like

Commercial cleaning company. There will always be demand because people want their office space to look nice while their personal residences go to $#!+ LOL. Plus it’s not nearly as labor intensive on you, you just hire a crew and a team lead. As others have said, many of the other options listed here require you to get into the business and work insane hours. You can’t just hire a manager for a retail business…you have to learn the business from the ground up and get your hands dirty.

like

Trying to start up a directional drilling company at the moment. Tons of work doing fiber and gas lines. 26 dollars a foot 16000 or 27000 foot packages of fiber from road to the house. I drill 350 foot a day on average at the moment. Looking for a partner.

Yeah same can you shoot me a DM?

In my personal Opinion, I believe that Franchises can be relatively costly. Maybe if its in a safe industry, managed and isn’t of any demanding nature, it may not be worth it. There is one more factor of course is - The Recession. Ultimately I put together a recessive business strategy from the Data I gathered with the projected economic forecast ahead, and it has worked for me well. I did get lucky with my employees, great people. I’m blessed for them. Anyways, DM if you’d like info!!

I am interested in gathering info about your recessive business strategy but cannot DM you. It says that you are not available to chat. Can you DM me?

Do more research before investing. Holding onto cash right now is the best bet. You will need it for great gain investment in few months from now. The economy is pretty bad right now and anyone with cash will be king.
Look at investments that have minimal overhead cost.
Any alternative from your idea will be having a SaaS for homework club, food industry or a Market place app for any thing that’s on high and regular demand..
wishing you the best..

Related Posts

does anyone use simplefx for crypto? Do you like it ?

like

Hi All.....I am serving my Notice period and have 31st October as my last working day.
Have one offer from CTS and asked them if they can reconsider the offer they have made as my current organization wants to retain me.
Will CTS Hr consider negotiation or they will revoke what they have already offered.

Please suggest

like

Hi everyone I’m looking to sublet my studio in a luxury building the loop with option to renew lease. I have to move out early so i want to sublet it from Mid August to December 11. Rent is $1806, utilities $40-90. In unit laundry, and renovated kitchen, large windows, hardwood floors. Building amenities include gym, pool, basketball court, game room, pet walk, and more! I love my studio and will miss it dearly.
DM me if interested or want more info.

Post Photo
like

How much KPMG offer for a Consultant position? KPMG EY Delloite PwC

like

I'm shameless! Who wants to hire me? Full cycle corporate and commercial real estate sales rep who wants to get into BDR/SDR roles. #ninja

like

Hey fish fam, random question I’ve been wondering - How soon after starting a new gig would you be probing your manager about potential promotions? Addendum q - how have you approached bringing this up?

like

Has anyone tried this drink called recess?

like

Which consulting firms still do work in Lebanon?

like

Are there any protections for an employer who has a server that received a very large tip? For example, what if the customer says they never meant to tip that large amount?

like

Are Canadian recruiters just lazy? Why do global and US recruiters work so much harder to find decent jobs?

like

I’ve been on Zoloft for about a year now, and it’s be awesome! But now I’m starting to feel that darkness creeping up on me again. I’ve been having a rough time at work, have you ever increased your

like

For those of you who are fasting this month: how have you been dealing with work schedule? I feel like I have not gotten decent sleep. Is anyone on a different schedule than usual to sleep or rest?

I have 2 offers @Sapro 1120 Corp tax or Wells Fargo 1120 Corp tax. YOE 6. Also, any idea what should be the ideal package I should be negotiating with these 2 firms?

like

Hi guys, Can u tell how much CTC to expect from Mastercard pune for following skills:
Yoe - 4, Skills - react js, UI skills, cctc - 11
Thanks in advance

Mastercard

like

Best agencies in Chicago for PMs?

like

I saw this in another post and thought I would share. How many of us are dealing with this?

Post Photo
likesmart

How/ when did you find out you're being promoted to manager?

like

Anyone that can share experiences of rural life? Considering going an hour out for some acreage, but have lived in cities all my life. What are the unknown unknowns I’m missing?

like

Starting McKinsey in Jan 2023, but wanted to ask if onboarding was virtual or in person? Moving to nyc and trying to plan

like

Additional Posts in Startups and Entrepreneurship

I am currently looking for people in the cannabis industry to invest and advise in the technical aspects of running a business. I am 24 years old and I print tabacco and cannabis Paraphernalia as a side hustle. Would love to know more about accounting and management.

like

Hi,
Hoping to reach the like count requirement to DM people as I just joined. Much thanks to everyone.

like

When / what should I tell my full time employer about my startup? Should I just go to HR/legal early? Separate fields, not working with clients, etc.

like

Side hustle or startup ideas for someone who isn’t technical/doesn’t code? Where should I look or where to begin? I don’t have any strong passions or specific skills that I’m confident in. What books, articles, blogs, orgs, events, people I should follow for inspiration that has helped you? I have some cash to invest and am looking for a part time hustle that can cash flow at least a little bit of money on the side.

like

Hey everyone! How do you find your remote interns? Any tips/tricks, and also what you specifically ask of them?

like

Hi all, I have the long-term goal of ultimately getting into a good Venture Capital firm at Associate level. I currently work at Amazon , did my undergrad and Masters in Economics at LSE. I have 2 main questions:
1) Is it even possible/feasible to pivot from Amazon to VC given my background?
2) I have the option to internally transfer in Amazon to a product/program manager role or AWS in a start-up Manager role - which of these would be best to maximise my chances of eventually getting into VC?

like

By what stage should a startup typically find product market fit? A, B, or C?

like

I have 10+ years of strategy consulting experience and I’m interested in joining early stage startups, but their job listings almost never have generalist / consulting / strategy type roles - any advice?

like

Considering an exit to a startup that just completed a solid series B. They’re willing to provide competitive comp package and surprised how large the base is for a startup. Has me concerned about being on the high end and being the first person that comes to mind when it’s time to pinch a few pennies or clean up the books ahead of future rounds/IPO. Valid concern or am I overthinking it?

like

How common is it to have an investor in your company also be a customer? As a company should you bend backwards to accept a requirement that serves only the investor and no one else in your customer base?

Anybody interested in a volunteer opportunity? I need help editing videos for YouTube & social media and would love some extra hands

funnylike

Just started a new job a couple of weeks ago and also today found out my wife's pregnant. When is an appropriate time to tell my new boss? Company policy asks for 3 months notice but it's a growing startup. What does everyone think is appropriate?

like

Any good videos or articles on steps to building a start up? Just came up with an idea and trying to find a road map to execution.

likehelpful

Has anyone started a non profit before? What is the process to register or the best way to get it set up legally?

like

I’m thinking about joining a colombian series B startup, role in São Paulo - I’ve been in consulting so I have no idea how to assess salary expectations for a startups - I have 3 YOE - any insight? Unaware of how equity conversations go also

like

Recommendations on the best podcast, book, or other medium to learn more about “entrepreneurship through acquisition”?

like

I am working on a ground breaking SaaS eco-friendly based company. I am looking to expand my ecosystem in order to gain insight full/determined professionals to be apart of a globally impactful head runner that will generate longevity in an underserved niche market.

like

Hi, I am building a startup from the ideation stage. What is the best way to approach Angel Investors for pre-seed/seed funding?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal