10 Franchises For Under $15k That Generate a Six Figure Annual Income
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 3 September 2021
⏱️ 19 minutes
🧾️ Download transcript
Summary
Learn which 10 franchises cost under $15,000 and can generate a six figure annual income.
The article is here.
Are you investing well for financial freedom...or not?
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If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars.
Your compounding rate, and how well you invest, matters!
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 926. If y'all know what I mean put your hands up and declare with me |
| 0:14.0 | Yeah, I'm full of bed |
| 0:16.0 | I'm gonna live a good life |
| 0:20.0 | I'm gonna live the good life |
| 0:21.0 | and beautiful and financial freedom without budgets, boredom or bosses on |
| 0:31.5 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:40.0 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.5 | On today's show, we're going to talk about 10 franchises you can start for $15,000 as an investment and it will reap you a six-figure income. |
| 0:58.0 | So this article comes to us from CNBC and it was written by Barbara Booth and Susan Kameniti. |
| 1:04.8 | And I was thinking that this would be a great idea for anyone who is resigning from |
| 1:10.3 | their job since we have this great migration happening and is looking for a way to make a small |
| 1:16.8 | investment that could reap big six-figure returns. So this article really intrigued me and I wanted to share it with you. |
| 1:25.1 | There are three key points. The first is there are lucrative low-cost franchises you can |
| 1:30.4 | launch with $15,000 or less in fields ranging from event planning and real estate to travel. |
| 1:37.0 | Second key point is according to the International franchise Association, almost 4% of all small businesses in the U.S. are franchises. |
| 1:47.0 | And the third key point, entrepreneurs opt for this model because they can buy a proven business concept and get marketing, job training, |
| 1:55.5 | and management support from a national franchise. |
| 1:58.9 | The article says, according to the International Franchise Association, almost 4% of all small businesses in the US are franchises. |
| 2:06.7 | It's an industry that generates more than 2.1 trillion dollars and employs 18 million Americans. |
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