If you are planning to start your own business, a franchise model makes for an attractive option mainly for the reason that the business is already tried and trusted; the brand has achieved recognition in the market and franchisees do not require you to take up additional marketing efforts. As a common practice, most of the franchisors handle the marketing of the products themselves, while a handful of them allow the franchisees to carry out their own advertising.
Take for instance the Starbucks Coffee chain; they are the leaders in their industry, they have achieved a nation-wide presence, and the company spends huge amounts on advertising so that the franchisees can gain from their brand name. In addition, franchisors of similar company size will more than likely provide you with all the necessary training. They also advise you on product and stock control systems so that you can run your business successfully. However, the downside of a large franchise business opportunity is that these are billion dollar businesses, all of which will require you to cough up the majority of sales to provide around 20 - 25% of profits.
But there are other business models to choose from and hundreds of them operate through the internet. These internet-based franchise and business opportunities are experts in -helping you make a lot of money, typically with no, or very little, investment.
And this is precisely the reason why internet based franchise and business opportunities are catching on fast with novice entrepreneurs. With very small initial investment, you get all the necessary support and training required for running a successful business. The probability of success when investing in an internet based franchise business opportunity is nearly equal to that in the offline world. Here you are buying the right to create a business under the franchisor’s trade name.
In the offline world, franchise and business opportunities allow you to operate your franchise outlet in a given area, but your franchise does not provide any guarantee of exclusive operation in that area. However, there are many internet based franchises that do not impose these kinds of limitations. In addition to offering PC services, internet based franchise and business opportunities can be found in the areas of real estate, Forex, video rental, and share trading.
