Franchising As a Way of Making Money - Have You Considered the Alternatives?
You've been bitten by the Entrepreneurial bug.
You have decided that you want to start your own business.
You no longer want to be part of the corporate jungle but you want to make it on your own.
It is estimated that up to 40 Million Americans will seriously consider starting their own business in the next year.
For many - This happens naturally as they may have a trade that can be converted to a business within minutes.
e a computer programmer may suddenly become self employed and begin working back from his or her employer under a different guise.
For many, though its not so simple - They may not have the big business idea, they may only know that they do not want to keep doing what they are currently doing.
If this is YOU and you are at the same crossroads that I was at in 2002, one of the options to consider is a franchise.
A franchise is great because you are effectively purchasing a system or a way of doing business that works so long as the person buying the franchise does what he is supposed to do, when he is supposed to do it.
The records on franchises speak for themselves.
Franchisees have a better survival rate.
Franchises do grow at a faster rate because they are leveraging tried and tested systems.
But don't you want more than survival.
Many franchisees find themselves working for less than the minimum wage for far too long.
Do you want to work for an organisation whose main goal is to sell more franchises.
How free are you really? In 2002, if you wanted to get into business and you were considering a franchise, then there were not many other options readily available.
All that has changed now and its so much easier to set up and run your own business.
I'm talking about living and working on line.
The key point about the difference between and internet marketing business and a franchise are that: 1.
It's not a bricks and mortar businesses 2.
You do not have to pay huge initial fees 3.
You do not have to hire and manage bad staff 4.
Your running costs are low 5.
You can decide how to structure your business.
Very often people confuse turnover with profit.
Many franchises offer profit returns which would enable the owner to live comfortably - so often the turnover fails to hit the bottom line - Imagine if you could make 75k working online and from your home - which would be more attractive for you? When it comes to evaluating, please look at all the options available to you today.
Whatever business you go into will require masses of commitment, enthusiasm, focus and determination - even if you only choose to open up a hot dog stand.
You have decided that you want to start your own business.
You no longer want to be part of the corporate jungle but you want to make it on your own.
It is estimated that up to 40 Million Americans will seriously consider starting their own business in the next year.
For many - This happens naturally as they may have a trade that can be converted to a business within minutes.
e a computer programmer may suddenly become self employed and begin working back from his or her employer under a different guise.
For many, though its not so simple - They may not have the big business idea, they may only know that they do not want to keep doing what they are currently doing.
If this is YOU and you are at the same crossroads that I was at in 2002, one of the options to consider is a franchise.
A franchise is great because you are effectively purchasing a system or a way of doing business that works so long as the person buying the franchise does what he is supposed to do, when he is supposed to do it.
The records on franchises speak for themselves.
Franchisees have a better survival rate.
Franchises do grow at a faster rate because they are leveraging tried and tested systems.
But don't you want more than survival.
Many franchisees find themselves working for less than the minimum wage for far too long.
Do you want to work for an organisation whose main goal is to sell more franchises.
How free are you really? In 2002, if you wanted to get into business and you were considering a franchise, then there were not many other options readily available.
All that has changed now and its so much easier to set up and run your own business.
I'm talking about living and working on line.
The key point about the difference between and internet marketing business and a franchise are that: 1.
It's not a bricks and mortar businesses 2.
You do not have to pay huge initial fees 3.
You do not have to hire and manage bad staff 4.
Your running costs are low 5.
You can decide how to structure your business.
Very often people confuse turnover with profit.
Many franchises offer profit returns which would enable the owner to live comfortably - so often the turnover fails to hit the bottom line - Imagine if you could make 75k working online and from your home - which would be more attractive for you? When it comes to evaluating, please look at all the options available to you today.
Whatever business you go into will require masses of commitment, enthusiasm, focus and determination - even if you only choose to open up a hot dog stand.