The costs associated with starting a franchise can vary significantly depending on factors like the franchise type, brand popularity, location, and business scale. These costs typically include an initial franchise fee, real estate expenses, inventory, equipment, attorney fees, and, if applicable, industry dues. Additionally, ongoing costs can include royalty fees, marketing and advertising expenses, operating costs, and insurance premiums. When looking to start a franchise, it’s important to not only understand all the upfront and ongoing costs of business, but also consider the financial implications it could cause. It is recommended to have enough funds in savings to support you and your family financially for the first year in business. If you’re looking for a relatively low-cost franchise to start, the home inspection industry can be a promising business venture. As a home-based business, it requires no storefront or inventory. It is also a high-margin field, allowing you to generate a return on your investment faster. WIN Home Inspection offers entrepreneurs an affordable franchise opportunity, including all training, marketing, business support, tools and technologies at no additional cost. With 35+ essential services, WIN franchise owners generate income streams year-round.