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Franchises – What Everyone Should Know Before Investing in a Franchise Business

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Today more than ever, people are looking for a way to achieve financial and personal freedom. Many believe the path to financial freedom is by starting a business . Anyone who wants to start a business but does not have a specific business idea or prefers the security provided by an established concept may look to franchising as a way to achieve that goal. Buying a franchise can be one way to set up your own business without starting from scratch. The appeal of a franchise is impressive, however there are barriers to entry. Perhaps the greatest appeal of a franchise is the business is based on a proven product or business model. You can check how successful other franchises are before committing yourself. You could buy a franchise such as McDonald's, Burger King, Wendy's, Subway, or Dominos Pizza. These are companies with a track record of success and are part of a multi-billion dollar industry. In addition franchises give the advantage of a proven system . Failure rates in franchise businesses are much lower than other business. Why? Because you get the advantage of not having to "reinvent the wheel". You will follow the same success blueprint that all franchisees follow. There is nothing to figure out because it has been successfully done before, over and over again. You simply follow the system. Another advantage of the franchise is the support and training you receive. Usually there is a training program, help in setting up the business, a manual telling you how to run the business and ongoing advice.

BARRIERS TO ENTRY

However, you may find that they have many barriers to entry

  • You will need to make a large upfront cash investment .
  • The average start-up cost between supplies, location, etc – can fall between $ 400,000 to $ 1 million , and in the end, what you are really buying yourself is 90-hour-a-week job . You are going to be stuck in one location all the time, and you will have to be there everyday to exceed the operation.
  • You are not going to increase your time freedom .
  • With a franchise, you are also going to be required to pay royalty fees for the life of your business . These fees are in addition to all of your operating expenses, and in many cases, they can prevent you from being profitable.

What's the Alternative? There is a much less complicated way to achieve financial independence and success without jumping on a franchise rollercoaster that never stops. A Network Marketing Home-Based Business captures many of the benefits of a franchise system without the downsides or huge upfront investment. Today the Home-Based Network Marketing industry is growing by leaps and bounds . More and more people are looking to home-based business as a vehicle to provide additional income, time freedom, and the ability to spend more time with their families. In a typical Network Marketing company, individuals are affiliated with a parent company as an independent associate, similar to a franchisee and are compensated based on their sales of products or service, as well as the sales achieved by those they bring into the business. Imagine if you could design a business that could capture the benefits of a franchise system and without the downsides or huge upfront investment . What would that be like?

  • Associate with An Established Company with a Proven Track Record
  • High Demand Products in a Multi-Billion Dollar Industry.
  • A Simple Proven Business and Marketing System
  • Highly Accessible 24/7 Training and Support from Leaders in the Industry.
  • Low Startup Costs and Overhead relative to profits.
  • Part-Time Flexible Hours
  • Work from Home or Anywhere.
  • Free from Product Inventory to Store or Ship.
  • Start Up Your Business Quickly
  • Employee-Free.

These are the benefits of having your own Home-Based Business in the Network marketing Industry. Of course, it is important to find the company that is right for you. Today more than ever many people looking for a better way to financial freedom. The conventional wisdom says that franchising is the way to go, but there are many barriers to entry, such the high upfront cost and headaches associated with running that type of business. That is why more and more people are turning to Home-Based Business in Network Marketing. People are recognizing the obvious advantages.

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