During last month, January 2010, we extensively discussed the Franchise Prototype which revolutionized small businesses throughout North America and around the world. We have discussed the pro and cons of how to run a successful Franchise business, based on Michael E. Gerber’s “The E Myth Revisited – Why Most Small Businesses Do Not Work and What to Do About It.”
Acquiring and running your own successful ‘brick-and-mortar’ Franchise can be one of the most challenging business decisions you would ever have to make. On one hand you have the trade name and a proven system to create your own success with. And on the hand, you need a large amount of startup capital, (not less than a quarter of a million dollars) to get you off the ground. Not forgetting you have to deal with rent, lease, employees, inventory, expensive insurance and liabilities, to name a few.
However, one Internet Home Business Opportunity is literally changing the rules on how Franchisees and prospective traditional business owners see their businesses. With the growing power of the Internet and 21st century technology, there is certainly a far better way of creating you own business. A handful of franchisees have already seen this light and have since then shut the doors of their enterprises and turned on their computers generating in excess of multiple five figures monthly, some even generating six figures each month.
You see the recession might have badly affected Wall Street, The City and other financial hubs around the world but the Internet is proving to be a better way of doing business. With 1.5 billion people connected to the Internet and growing, it is easy to understand why the recession might be the greatest opportunity in disguise that you have witnessed if you have the right system.
Work From Home Business Franchises offer better profit margins than their brick and mortar counterparts, to the tune of 50% to 70% return on investment. There are no rent, lease, employees to train, expensive insurance, payroll and frustrations with the Internet franchise and this makes it possible to have high profit margins, without the 16 hour days of work.
The work from home franchise pre-qualifies all your prospects for you by sifting and sorting leads on landing pages. This then leaves you with only serious applicants who are then spoken to by a qualified business coach on your behalf. You can then add a personal touch, if you want to, by calling your pre-qualified applicants just to introduce yourself. As such with this system, anyone, regardless of experience can plug in and be successful.
Just like the pros of the Franchise Prototype that we discussed last month, and like any other business, new franchisees have to learn how to use the system to get their businesses off the ground. However, the unparalleled support system ensures new entrepreneurs are trained by the best in the community and get get going quickly. There are daily conference calls and webinars where new members can watch over the shoulders of what the top earners do daily to run ‘their systems.’ It could not get any easier and more profitable running your own Internet business franchise.
Work from home Internet business franchises are the future. And with Forbes magazine predicting more than 70 million North Americans alone launching their businesses in the next 3-5 years, there has never been a better time to start your own profitable franchise.
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70 million eh? Amazing! What a time we are living in. In previous generations, people would have worked hard physically all day and then enjoyed reading a book in the evening (for which they were not paid). Now people spend all day reading on-line and then pay to do excercise at clubs in the evening.