5 Reasons To Start A Home Based Business Franchise After Graduation
5 Reasons To Start A Home Based Business Franchise After Graduation
No Experience Necessary
One of the biggest hindrances for the recent graduate is that he probably has no real experience in the working world. Maybe he worked at the local record store throughout college or spent a summer as an intern at a legal firm, but when most jobs are asking for at least two-years’ experience in a given industry, that kind of experience just doesn’t suffice. And that can leave a person out of work for a good while before an opportunity comes along.
A work at home franchise, however, often has no experience requirement, because franchisors are always ready and willing to train their franchisees in all aspects of the business. Their job is making business owners out of anyone who wants to be one, providing not only daily-operations training, but also a tried and established business model. This means that Joe Graduate, regardless of what he majored in at school, can choose the business he wants, receive all the necessary guidance, and get right into business as a franchisee, while all his friends are searching the want ads.
Gain Experience Quickly
Even after a graduate has found a job, to continue climbing the corporate ladder, he has to acquire enough experience to progress up each wrung, which is likely to take many more years of service at the very bottom of the company. It is a long road to even a middle-management level of success and respect. However, the owner of a franchise is almost instantly equipped with everything it takes to own and operate a business. Trained in all the procedures and wisdom that has been accumulated by franchisees throughout the years, he is prepared to do everything from making sales and bookkeeping to overseeing the greater trajectory of the business as a whole. What would generally take a new graduate many years to accomplish in terms of experience, franchisees accumulates at a rapid pace, so that if they ever decide to put their own businesses aside and join the corporate world, they has a huge advantage over their peers.
Nothing to Lose
This benefit of starting a home based franchise right out of college has less to do with the business and more to do with the youthful franchisee. DVDNow, for example, is a business model currently in its adolescent phase; the DVD vending business has seen massive success in Europe, but is just starting as a rental option in the US. Though any franchise business is much less of a risk that an independent startup, there will inevitably be potential loss involved in any new business, which frightens some people out of pursuing a new work from home opportunity because they have their families, homes, and retirement funds to lose should anything go astray. Just getting out of college, though, the average graduate doesn’t have family, investments, or any particular standard of living to worry about. Therefore, it is also possibly the best opportunity a person has to try his hand at starting his own business, and he may never get another quite like it.
The Low, Low Cost of Home Based Business
There are those who doubt the wisdom of buying a franchise business right out of school, and we have to admit that they do so for good reason. One of their big concerns is that franchises cost more than a graduate can afford, and getting into large debt right out of the gates is a bad idea. They really have a good point; however, there is a great deal of difference between the average franchise business and a home based franchise, and much of that is in the cost.
Some franchises come with price tags as high as $1mil, and even something in the ballpark of $100,000 is more than the average graduate can invest, especially if they are already paying back college loans, but home based businesses don’t cost nearly that much. In some cases, a profitable home business can be purchased for less than $10,000, because there is no need for a storefront, overhead costs, or staff to pay for. Some good examples of very cheap and very effective vending home based businesses are Vendstar, U-Turn Vending, and American Vending Systems, all of which cost $10,000 or less but can sometimes bring in up to $70 per hour.
No Management Skills, no Problem
Another concern with business owners, straight out of college, is that they don’t practically understand how to manage people. Once again, this is a valid concern, but only if the business in question requires the owner to manage people. Almost always, a work at home franchise is a one-man operation, like Vehicle Tracking Solutions, an up-and-coming internet business that sells GPS units for corporate delivery vehicles. As owner/operator, the only person a franchisee has to be able to manage is himself, and chances are, if he’s motivated enough to start his own business, he can already do that.
Not everyone is cut out to run their own franchise businesses, home based or otherwise. And just because a graduate is feeling stressed by the difficulty of finding post-college employment, it doesn’t necessarily follow that starting a work at home franchise is the most logical business move. However, for the right person, a home based business could very well be the most time-efficient, and cost-effective way to jump into the professional world just after graduation.
5 Reasons To Start A Home Based Business Franchise After Graduation - To learn more about this author, visit Candice Clem's Website.
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Life after graduation can be a trying experience. For some, it’s the first time in life that there is no designated next step, no set plan, and no one around to tell the graduate definitively what he must do to succeed in the world. All any graduate knows is that he needs to get a job and put those years of college classes and tuition to work, but with little, if any, professional experience outside the classroom, the available options can be somewhat grim. One option that is rarely publicized, though, is starting up a home based business franchise. As with most business opportunities, this alternative isn’t for everyone, but for the right business-minded post-graduate, there are at least 5 advantages to choosing this route right out of college.
No Experience Necessary
One of the biggest hindrances for the recent graduate is that he probably has no real experience in the working world. Maybe he worked at the local record store throughout college or spent a summer as an intern at a legal firm, but when most jobs are asking for at least two-years’ experience in a given industry, that kind of experience just doesn’t suffice. And that can leave a person out of work for a good while before an opportunity comes along.
A work at home franchise, however, often has no experience requirement, because franchisors are always ready and willing to train their franchisees in all aspects of the business. Their job is making business owners out of anyone who wants to be one, providing not only daily-operations training, but also a tried and established business model. This means that Joe Graduate, regardless of what he majored in at school, can choose the business he wants, receive all the necessary guidance, and get right into business as a franchisee, while all his friends are searching the want ads.
Gain Experience Quickly
Even after a graduate has found a job, to continue climbing the corporate ladder, he has to acquire enough experience to progress up each wrung, which is likely to take many more years of service at the very bottom of the company. It is a long road to even a middle-management level of success and respect. However, the owner of a franchise is almost instantly equipped with everything it takes to own and operate a business. Trained in all the procedures and wisdom that has been accumulated by franchisees throughout the years, he is prepared to do everything from making sales and bookkeeping to overseeing the greater trajectory of the business as a whole. What would generally take a new graduate many years to accomplish in terms of experience, franchisees accumulates at a rapid pace, so that if they ever decide to put their own businesses aside and join the corporate world, they has a huge advantage over their peers.
Nothing to Lose
This benefit of starting a home based franchise right out of college has less to do with the business and more to do with the youthful franchisee. DVDNow, for example, is a business model currently in its adolescent phase; the DVD vending business has seen massive success in Europe, but is just starting as a rental option in the US. Though any franchise business is much less of a risk that an independent startup, there will inevitably be potential loss involved in any new business, which frightens some people out of pursuing a new work from home opportunity because they have their families, homes, and retirement funds to lose should anything go astray. Just getting out of college, though, the average graduate doesn’t have family, investments, or any particular standard of living to worry about. Therefore, it is also possibly the best opportunity a person has to try his hand at starting his own business, and he may never get another quite like it.
The Low, Low Cost of Home Based Business
There are those who doubt the wisdom of buying a franchise business right out of school, and we have to admit that they do so for good reason. One of their big concerns is that franchises cost more than a graduate can afford, and getting into large debt right out of the gates is a bad idea. They really have a good point; however, there is a great deal of difference between the average franchise business and a home based franchise, and much of that is in the cost.
Some franchises come with price tags as high as $1mil, and even something in the ballpark of $100,000 is more than the average graduate can invest, especially if they are already paying back college loans, but home based businesses don’t cost nearly that much. In some cases, a profitable home business can be purchased for less than $10,000, because there is no need for a storefront, overhead costs, or staff to pay for. Some good examples of very cheap and very effective vending home based businesses are Vendstar, U-Turn Vending, and American Vending Systems, all of which cost $10,000 or less but can sometimes bring in up to $70 per hour.
No Management Skills, no Problem
Another concern with business owners, straight out of college, is that they don’t practically understand how to manage people. Once again, this is a valid concern, but only if the business in question requires the owner to manage people. Almost always, a work at home franchise is a one-man operation, like Vehicle Tracking Solutions, an up-and-coming internet business that sells GPS units for corporate delivery vehicles. As owner/operator, the only person a franchisee has to be able to manage is himself, and chances are, if he’s motivated enough to start his own business, he can already do that.
Not everyone is cut out to run their own franchise businesses, home based or otherwise. And just because a graduate is feeling stressed by the difficulty of finding post-college employment, it doesn’t necessarily follow that starting a work at home franchise is the most logical business move. However, for the right person, a home based business could very well be the most time-efficient, and cost-effective way to jump into the professional world just after graduation.
5 Reasons To Start A Home Based Business Franchise After Graduation - To learn more about this author, visit Candice Clem's Website.
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
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