Why a Franchise may not work for you
So you want to own a business, but are considering a franchise for the convenience of a set business plan, name recognition of the company and potential to make a lot of money with a proven system. The problem is that Franchise owners usually have to come up with between 5,000 and 100,000 dollars to open a franchise, secure contracts for business space, obtain all applicable licenses and insurance, not to mention a time investment of 80 to 100 hours a week. Being a franchise owner sure doesn’t sound like a lot of fun .
What if there was a way to enjoy all the PROs of a Franchise such as established , duplicable business plans and name recognition without any of the CONS like high investment risk and large overhead expenses, not to mention a huge time investment to get your business off the ground and flourishing ? The answer is Network Marketing.
For almost every Franchise opportunity an equally lucrative Network Marketing opportunity exists. Most network marketing companies require a low investment ( usually under $1000 but on average $150) , no overhead ( unless you need to establish a home office) and less of a time investment . Most people are able to keep their primary jobs while growing their network marketing business. Once you have established your network marketing business the time investment decreases while your income increases. In a franchise you have to keep selling to keep profiting where in a network marketing business you can eventually cut down on your personal sales efforts while your income continues to increase ; freeing you up to do more of the things you enjoy .
Some people have bad impressions of network marketing companies because of some disreputable companies . The word Pyramid Scam often comes up and many people ask if Network Marketing is a Pyramid Organization ; the answer is Yes , but so is that franchise you were interested in . You see, the executive or owner of your franchise benefits when you open a franchise and makes sales , your network marketing business operates in just the same way.
A word of warning though , make sure that whatever franchise or network marketing company you choose is established, legitamate and that people actually want what you’ll have to offer. No one wants to invest time or money in a business that has inferior products, compensation or business plan.
If you were looking to open a health food store, weight loss business, gym or wellness practice and would like more information on a compareable Network Marketing business to start instead of or to enhance your primary business visit the author’s website. If you would like a list of reutable work at home businesses visit http://wahm.com or http://npros.com .
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About the Author:
Jami is a Wellness and Weightloss coach working at home with her 2 children and husband. She enjoys helping others lose weight, regain energy and earn financial and time freedom from their own home. Visit her business website today.
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