You’re ready to get out of the rat race and start your own business and you may be wondering which is better, buy a franchise business, or seek an existing business opportunity or home business or should you just start one from scratch?
Let’s look at the pros and cons of a Franchise Business or Business Opportunity or Home Business
First of all, in order to be successful starting a business from scratch it’s absolutely imperative that you have a unique selling proposition something that makes you better or different than all the other competition. It takes many years of hard work and trial and error and if you’re lucky enough to make it past the first five years you’ll have a good chance at success. along with the excitement of starting something from scratch you’ll have the personal satisfaction of knowing you have created something that wasn’t there before.
Another advantage of creating your own Business Opportunity…
from scratch is, it takes very little money. You can substitute money with labor and hard work and ideas and determination. Some people have no choice because they have no money and yet they know they want to have a business opportunity of their own they know they want to create business opportunity for themselves and their family.
Trust me when I tell you, in order to succeed in a start-up business opportunity, you must have a vision of what the end result will look like. Because, without a vision, you won’t have the enthusiasm to drive toward your goal every day. I’ll never forget the first business I built from scratch. I would get up every morning at five o’clock and for two hours every morning walk up and down the street putting flyers on people’s cars. After about six months I got my first call and from that first call it took about another year and I had a booming business. That’s the kind of energy it will take in order to succeed in a start business opportunity with little or no money. It will take a lot of sacrifice and tons of determination and a clear vision for what you want in your life and in your business. It can be done.
Existing Business Opportunity or Franchise Business
The best reason to invest in and existing business opportunity or franchise business is because it already has a track record. It has cash flow from day one. It has existing customers, suppliers and vendors and everything you need for successful business.
Think of it this way, someone else put all the effort into starting the business from scratch. Whether it’s franchise business or any other kind of business opportunity. May be it’s a hardware store, convenience store, bar, restaurant, dry cleaners, supplier, or wholesaler it doesn’t matter what the category, what matter is, whether you can look at this business that you’re considering and realize its full potential and take your new ideas and your energy and add it to the foundation that somebody else has already built and you can make a fortune in no time.
The big disadvantage is, its expensive. On the other hand, even if you are building your own business opportunity or your own franchise business from scratch you would still have to make an investment in equipment and materials and inventory and overhead. That’s expensive.
Fortunately, in today’s market financing can be easily arranged. Think of it, you may be in a position where you have some money saved up and you have experience that would allow you to take this business to new heights. Isn’t it nice we live in a time that allows us to succeed at anything we put our mind to and all you have to do is simply… take the first step… and get pre-approved for a loan.
We offer free no obligation consultations that will help you determine exactly what type of business opportunity, franchise business or even a home business would be perfect for you. Simply, give us a shout and get the ball rolling.