The 5 Best Online Franchise Businesses in USA for 2023
The circumstances caused by the pandemic made a lot of businesses go online in the USA. In 2022 the tendency will keep on. Having compared the best Online franchises of pre-pandemic years with the top ones for 2022, we see no drastic changes in the list of leaders. It suggests that the businesses are safe and successful for your investments.
Online franchises become more and more popular. Half of all small businesses in the USA are done via the Internet. Customers are looking for more opportunities to buy goods and get services online as the pace of life becomes faster. Home-based franchises operate in a wide range of areas. Among the most popular are consulting, IT, broker, business coaching, education, entertainment businesses. Online franchise business models are good for the entrepreneurs who are looking for part-time job or flexible schedule of work. If you`d like to get more information about internet-based franchise businesses in the USA, view the top 5 list here.
Here are the top 5 best internet-based franchise businesses in the USA
Transworld Business Advisors
Founded in: 2007
Franchising since: 2007
Franchise units: 274
Initial investment: from $74,850
Franchise Fee: $49,500
Royalty Fees: 8%
As a Transworld business broker franchisee, you will become an important part of the small business community. In your role as a business advisor, you will provide guidance, solutions and, of course, advice to your clients to help them grow, buy, or sell their businesses. With our comprehensive training program, national marketing campaign, and continued support, Transworld has your back from start to finish – and beyond. With a proven, unique business model and multiple revenue streams, your earnings are limitless.
ActionCOACH
Founded in: 1993
Franchising since: 1997
Franchise units: 788
Initial investment: from $77,000
Franchise Fee: $44,500 - $70,000
Royalty Fees: from $1,950 per month
Business coaching is booming and the global demand is unprecedented. ActionCOACH is the world’s #1 business coaching franchise with more than 25 years of experience. Our Franchise partners span the globe and are in more than 60 countries. Becoming part of the ActionCOACH family connects you to a global community of professionally certified experts from day one. The training is unparalleled, the ongoing support is unmatched, the access to the library of ActionCOACH’s proven systems and process positions you ahead of the competition.
TeamLogic IT
Founded in: 2004
Franchising since: 2005
Franchise units: 143
Initial investment: from $111,000
Franchise Fee: $45,000
Royalty Fees: 7%
TeamLogic IT provides outsourced managed IT services targeted to small and medium-sized businesses, using a team of certified technicians. We solve IT problems for our clients; and, more importantly, by acting as advisors and putting the right systems in place You do not need to be an engineer or a long-time IT professional to run a successful TeamLogic IT franchise. As an owner, you will hire technicians to serve your customers. Franchise Services Inc. (FSI), the parent company of TeamLogic IT, has 40 years of experience supporting franchise owners and helping them succeed.
WSI
Founded in: 1995
Franchising since: 1996
Franchise units: 825
Initial investment: from $65,000
Franchise Fee: $49,700 - $69,700
Royalty Fees: 10%
Become a Consultant for WSI - the worlds oldest & largest Internet Marketing company. With more than 1000 consultants in over 80 countries, WSI has helped thousands of SMEs and Fortune 1000 corporations to realize their Internet Marketing potential. No specific technical experience is required to become a WSI Consultant. WSI provides complete training, ongoing support, and the worlds largest private emarketplace of suppliers and production centers to deliver a wide aray of client solutions.
CMIT Solutions
Founded in: 1994
Franchising since: 1998
Franchise units: 205
Initial investment: from $123,000
Franchise Fee: $49,950 - $54,950
Royalty Fees: 6 - 3%
CMIT Solutions uses the franchising business model to extend our brand and increase our commitment to serving local businesses. We’re looking for excellent candidates who have a desire to succeed within our franchise system. If you want to build wealth, contribute to you community, and own a business that’s also a passion, we would like to connect with you. No matter what career path has led you to this point, chances are you’re ready to focus on your business skills and expertise while working toward the bigger goal of entrepreneurship.
Conclusion
To summarize, we can say any of the listed above online franchises is worth buying. But there is a lot to consider while choosing the best one for you. Pay attention to the reputation of the brand, what training and support are offered, check if the other franchisees are successful. But the main thing you need to do is to align your budget with investment requirements of the brand. In order to ease the challenge, we have made the comparison flowchart of the best internet-based franchises in the USA for you. It shows the minimum estimated initial investment and initial franchise fee of each brand. By using it, you can figure out the difference in financial requirements for each franchise, and decide which one fits you the most.
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