Franchise Internet Business Opportunity
So you would like to start your own business, but not quite sure where to start. Do you want to buy into a small business, a brick and mortar franchise or a franchise internet business opportunity?
I have put together a line by line assesment. foremost and most apparent, with a small business brick and mortar franchise, your marketplace is limited.
A global market is yours to be had with an online business.
What about initial cost?
A small business brick and mortar franchise has an purchase Franchise fee from $10,000 to $1.1 million. In additon to a reserve that is normally required of $50,000 to $250,000.
With an Online Business, up front and marketing cost $100 to $25,000. A reserve is not crucial because there are many effective ways to market online that have little or no cost, but I would suggest $1,000 to $5,000. With the higher amount a faster return on investment and more marketing options will be available.
Return on investement with a brick and mortar franchise average 3-5 years.
With an online business, franchise internet business opportuity, it is 2 to 12 months (no guarantees, read income disclaimer).
This needs some added explanation or foot note. One thing I learned in my real estate franchise ,when I got to the point of profitability, space and expansion ability had also been reached.
So the only way to increase profits was to get bigger or take on another location (franchise). In other words, the only way to grow was to go back into the red.
The other thing that happened is focus was turned to furniture, design and negotiating leases, hiring new employees and missing from the major source of profit.
Franchise Internet Business Opportunity
With a franchise internet business opportunity, most are done from home so no commercial space is needed.
Growth is a normal element of your day to day activities.
An online opportunity combines sales and business growth. Besides marketing there is very littel overhead, so money is used on your primary objective, lead generation rather than overhead and in a large amount of cases increased cost is in relation to greater profits.
If I could interject another quality that is in the favor of an franchise internet business opportunity, is you can do it part time and build it slowly over time.
With a brick and mortar franchise, unless you can fully fund other people to do the work, it needs your full time attention.
Here is information that may make you run screaming. 95% of all small businesses fail in the first 5 years, many of those in the within the first 2 years.
97% of people that create an internet business are not profitable.
If after consideration of this, you have not shut down your computer and put the idea of opening a business out of your thoughts, then, maybe, just maybe you have what it takes to be one of the 3-5%. It will not be easy, but I promise you the rewards merit the sacrifice.
So with that in mind, I would make one recommendation, find a venture with GREAT SUPPORT.
Not just a human being hired to persuade somebody to buy franchises or a person that is just looking to develop a MLM Downline so they don’t have to work, but someone that has created success for themselves and is still doing it.
A person you can relate to, that is currently active and able to communicate the right means to others.
Franchise Internet Business Opportunity
The biggest problem with people who try to make money online is that they do not earn a profit fast, so they quit. To survive long enough to have success and make money online go to the Best Franchise Internet Business Opportunity NOW!
As always to your health, wealth and happiness.
is more than likely not what you are looking for.
in the past, then you know it is not all it is cracked up to be (a hyped JOB).
