Low level investments are right on the money just now as everyone reels from the effects of the coronavirus.

A budget buy can be a great way to set yourself up with a business that provides for you and your family.

If you pick a low cost franchise you’ll still need to work hard to make your money, but you’ll be starting off with less working capital required, no premises to rent and upkeep, and the opportunity to build a business.

Now is not the time to rush into a buying decision, so take your time to research the relevant sectors you could invest in, find a brand that aligns with your principles, and research like crazy.

Then when you know it’s the right moment to step into a new future, you’ll be armed and ready to go.

Here are a few choices of brands in the cleaning and maintenance sector:

Grout Wizards

A franchise with low ongoing fees and multiple revenue streams, backed by 35 years of experience of tile and grout restoration.

There are 50 business units in the system, investment is $35,990.

Franchisees will need a branded vehicle to run their business which is territory-based.

Ovenu

An international brand, Ovenu has been operating in Australia for 14 years.

The business costs $25,000 + GST. What’s on offer is a three-year term with one option to renew.

Franchisees can work flexible hours and receive comprehensive training and support.

Urban Clean

An established commercial cleaning firm that has provided office cleaning services across Australia since 2014.

Expect to pay upwards of $18,750 for a franchise.

The franchisor is looking for first-time business owners but has regional roles for more experienced operators.