Free Find Articles Directory
Translate Page To German Tranlate Page To Spanish Translate Page To French Translate Page To Italian Translate Page To Japanese Translate Page To Korean Translate Page To Portuguese Translate Page To Chinese
 
  
  Number Times Read : 10      


Categories

Arts
Arts and Crafts
Automotive
Business
Business Management
Cancer Survival
Career
Cars and Trucks
Coding Sites
Computers
Computers and Technology
Cooking
Crafts
Current Affairs
Databases
Education
Entertainment
Etiquette
Finances
Food and Drinks
Gardening
Healthy Living
Holidays
Home Improvement
Home Management
Internet
Jobs
Leadership
Legal
Medical
Men Only
Motorcyles
Our Pets
Outdoors
Pets
Recreation
Relationships
Religion
Self Help
Self Improvement
Sports
Staying Fit
Technology
Travel
Web Design
Weddings
Women Only
Writing
 
 
Nav Menu
select
 Home
select
 Login
select
 Submit Articles
select
 Submission Guidelines
select
 Top Articles
select
 Link Directory
select
 About Us
select
 Contact Us
select
 Privacy Policy
select
 RSS Feeds
 
New Members
select
 Sign up
select
 learn more
Affiliate Sign in
 Affiliate Sign In
 
Featured Authors
Name :Mike Hawkes
Joined :2009-08-16
City :
State :
View My Bio & Articles
Stats
Total Articles: 9
Total Authors: 15657
Total Downloads: 1662068


Newest Member
Charmi Verma

 

Comparison Between A Brick And Mortar Franchise Business And An Online Home Business
By : Guy &    9 or more times read
Submitted 2009-11-17 23:42:29
Buying a franchise business is very different from buying an online business. Each business model represents two ways of doing business. One is not necessarily better than the other. They are each a good fit for the right business owner.

Let s break down three areas that you will need to consider when buying either business. You want to look at what kind of investment capital you will need. You want to look at what kind of overhead costs are involved, what kind of profits can be obtained, and finally what kind of daily challenges you will face.

Investment capital can not be avoided by any real business owner. It takes money to get a business going. In some cases, the business owner may need to constantly fund the business. Let s look at the cost of buying a franchise. It usually can cost between $250,000 to $1.5 million depending on the type of product, and the company you associate yourself with. If you consider paying any less, you will most likely end up investing more at some point in your start up.

Let s examine the cost of buying a successful online business. There are many out there, and you want to do your homework. You should expect to pay between $500 and $20,000 depending on your income goals. In this business model you would be paying a fraction of the cost of a franchise. Make sure it is legitimate, and a partnership you can be proud of.

With an online business, you should look for a business that includes complete online training, and a website set up so you can market immediately. Your monthly overhead will be minimal since you can do the work from home. You will need a good computer, internet connection, and a marketing budget.

With a franchise, your monthly overhead will be extensive. You will want a complete list of all the areas of operation. You will have a lease to pay for a high traffic space, employees to pay, workman s comp insurance, building insurance, inventory, and maintenance costs. Some of these items are big ticket items so you will want to make sure you have a fair amount of working start up capital to fund these items while you get your business going.

One of the most important areas to look at in owning your own business is the profit and loss category. You must make sure that after your overhead is covered, your profits are still there. With the large expenses of a brick and mortar business, it is easy find the profits are low and your return on investment is not always there.

With a quality online business, profits can be very high. Overhead is low and there is more room for profit in your pocket. There are two things to look for when your evaluating which online business to go with. Look for a quality product that has high commission sales. This will allow you to make a high monthly online income. Make sure that the marketing and website system doesn t require more than twenty percent of your profits to reinvest back into marketing and advertising.

Daily challenges with both businesses are inevitable. With a franchise you will be challenged by the head aches that come with managing employees, managing the fine line of stocking inventory to meet demand. You will have paperwork to file, submit and coordinate to keep your books in line to manage the company efficiently.

The online business model has completely different challenges. The number one challenge is learning something new if you are not familiar with online marketing. With this in mind the learning curve is quick with the right mentors. This challenge comes with a huge reward of learning how to market anything, to anyone, from anywhere in the world.

Only you can decide if you are a good fit for a brick and mortar business model, or if you would be better suited with the freedom of working online. I have personally worked both business models and find that the online business model works better for me and those I coach.
Article entitled:
Comparison Between A Brick And Mortar Franchise Business And An Online Home Business
About: internet marketing income, six figures, mlm, make money online,franchise, Michele Luminato
[Valid RSS feed]  Category Rss Feed
Article From Free Find Article Directory

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.




Firefox users please select/copy/paste as usual

Most Recent Articles

Web Resources

E-Biz Success Secrets
Build Profitable e-Biz
Web Sites that Works

Evolution of Article Marketing Distribute your articles the easy way. Unlimited article submissions and automated distribution

Sales Letters Creator Create High Quality Sales Letters in Under 15 Minutes Flat!

Hot Effective Ezine Advertising Succeed With Ezine Advertising, Article Marketing, Joint Ventures And More

Ultimate Article Promotion Advanced New Software Transforms Article Promotion Into The Ultimate Pain-Free Advertising Solution

Article Submitter Software Submit To 668 High Quality Articles Directories!

Slap Ezinearticles Helps Article Marketers, Perhaps Like You, Make Loads Of Cash!

The Amazing Article Formula Learn To Write Articles That Drive Visitors To Your Site, Increase Subscribers - On Steroids!

Top Quality Free PLR - Gain Instant Access To Articles, Ebooks, Videos, Audios, Software, Minisites Limited Time Only!

#1 Article Rewriter/Spinning Software Take One Article And Create Thousands. 'Artificial Intelligence' Rewriting Capability

3000 MRR & PLR Products Internet's Largest, Daily Updated Directory With Over 3000 Products With Master Resell And Private Label Rights!

Entrepreneurs Article Marketing Guide To Striking It Rich Online.

Mass Article Control #1 Article Creator And Submitting Solution. Create 1000's Of Articles & Submit Them Automatically

Powerful Profitable WordPress Plugins Automatically Drip Feed Content or Add Affiliate Datafeed Products

Monthly Content: High Conversions Offers Monthly Training, PLR Products, Resell Rights Products, Articles, Adsense Sites, Graphics, Templates, & A Lot More!

Magic Article Rewriter Submitter Elite Article Marketing Tools. Save Time and Submits 700 Directories In 5 Minutes.

The Covert Code Add The Code To Any Website Or Articles And You Will See Profits And Earnings Soar!

ClipCopy Content Solutions Thousands Of Copy-and-paste Content Items and Valuable Resources For Publishers.

Site Building Packages
Niche Picking Tools
BAM=Success Guaranteed

SiteBuildIt Web 2.0
Building Your Business
Content is King

SBI VideoTour
Start Small Biz Online
PREsold Traffic Visitors

Biz Success Videos
Brain and Motivation
Turn Passions 2 Income

Real Case Studies
Profitable e-Biz Stories
Real Succesful Sites

Real Value Links
Build a Link Program
SE Optimization

SiteBuildIt Questions
ASK Ken Evoy Himself
WebSites that Work

Affiliate Master Course
Net Marketing Gurus
Aff Earning Resource

Order Website Today
Success Guarantee
Risk-Free Trial 29/mo

Value Linking
Real Links-of-Value Exchanger that WORKS! Free registration

Actions
Print This Article
Add To Favorites

 

 

Powered By: Article Friendly | Design By OlaerOnline | Advanced Search


Article from Establishing a Cleaning Service in Michigan and entitled Comparison Between A Brick And Mortar Franchise Business And An Online Home Business
About internet marketing income, six figures, mlm, make money online,franchise, Michele Luminato