Franchising is big business that can bring in big bucks too. Someone who is planning to venture into this space will find there is no dearth of opportunities. In a way, that's a good thing as it gives you the chance to find something you would really like that fits into your budget. The downside to this is that excessive choices also make it very difficult for you to narrow down the choices.

Regardless of what type of franchise you have, online marketing is something you are bound to need. Today, social media is a very important component of any online marketing strategy and it's not something you can avoid. Hiring someone to handle this for you isn't always an option, especially if you are operating on a modest budget when you start out on your franchise venture.