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Take Steps To Financial Freedom With A Work From Home Franchise

Written by: Candice Clem

Article Overview: Everyone wants to break free, be his own boss, and earn a wage without any artificial cap, but few know how to accomplish all that. The best way for many is simply to start a home based business franchise.

Take Steps To Financial Freedom With A Work From Home Franchise

Financial freedom has long been the goal of the vast majority of businesspeople. Everyone has heard of "climbing the corporate ladder," and it’s known perfectly well that the purpose for climbing that ladder is the hope of finding success and making more and more money until one day, the climber is so packed to the brim with dollars and cents that he can finally leave the ladder completely. Honestly looking at the picture, though, it’s fairly obvious that most people don’t actually achieve that. Though the average businessperson can make some headway up the corporate hierarchy, his earning potential is ultimately always limited by the next person up, who signs his paycheck. Because only one can be at the top, not many get there, so not many see the financial freedom they would like.

When it comes down to it, the only way to finally break free of the paycheck game is to reach the top, and though corporate America may want you believe you have to climb their ladder to get there, you don’t. Actually, one of the most effective ways of getting out from under the ceiling of the person who sets your pay rate is to go into business for yourself. It sounds risky, and if you don’t know what you’re doing, it certainly is, but there are wise and relatively safe ways of doing it, the greatest of which is a franchise business.

Benefits of Franchises

Obviously, nothing in life is ever guaranteed, but a franchise is such a safe bet, it’s barely a bet at all. Unlike any other kind of small business, franchises have already gone through their stage of business adolescence and made it to financially successful adulthood. They’ve seen hard times and good times, plenty and little, and have survived, always being adapted by wise franchisors who know perfectly well what the business is capable of. And the best part is that all of it has been done long before you, the franchisee, ever even approach them with any degree of interest. Because so much thought and field-testing goes into the business model, the average franchised business has roughly a 70% greater chance of success than a brand new start-up small business.

Within the general heading of franchises, home business operations are, in some regards, even better for those who want to break free of financial limitations. Unlike more classic businesses with office space and a full staff, work from home businesses have almost no overhead, making the percentage of income that is pure profit that much higher.

Ultimately, the reason that a home based business or any other kind of franchise can deliver such a great degree of earning potential is that the owner of the small business is the top of the food-chain within his organization. In fact, in most cases, he is his organization. There is no limitation on how much business he can take on, what he can charge for his services, or who he can hire to work for the company. There is no one above him determining his workload or his clientele for him; his only limitation is his own capability. And that, by definition is financial freedom.

Business Ideas

Of course there is any number of franchise business opportunities at the willing entrepreneur’s fingertips, but to get your wheels spinning, here are a few work at home businesses that can put you on your way to independence.

The first is U-Turn Vending. In itself, the vending industry is a very free and lucrative market, the average vendor making $70/hr off nothing more than candy. And with no overhead costs, that is quite a profit. What U-Turn Vending brings to the picture is a machine with a rotating design that doubles the amount of candy space available by using all sides, and a machine with more options is sure to invite more business.

Virtuoso Music is a business opportunity perfect for the music-loving entrepreneur who is also interested in investing in the community. By bringing music educators and students together, scheduling jobs for local musicians, and promoting musical education, franchisees profit from advancing the careers of other and helping people to share and enjoy the gift of music. Given all the necessary office tools, computer software, marketing materials, and 90 days of working capital, all included in the initial purchase, franchisees are well on their way to turnkey success from day one.

For those interested in a career in justice, L & W Investigations gives franchisees who have no previous experience the chance to learn how to investigate cases of insurance fraud. Primary clients are businesses that have been defrauded and the attorneys who are representing them. L & W Investigations provides not only all the necessary initial training, but further training for the lifetime of the business and state-of-the-art tools that set them apart from the competition.

Human Resource Rx offers a very different opportunity, giving a franchisee the tools and knowledge necessary to provide client small businesses with outsourced human resources services that they don’t have the financial capacity to afford in-house. With full training for both the franchisee and his employees, he is put in position to begin marketing his team’s services and helping his clients immediately. Should an entrepreneur choose, area development licenses are available too, with 50% earnings on sub-franchisee fees and royalties.

Reaching the Goal

Particularly with recession on the radar today, everyone is looking for the opportunity to break out of the grind and be financially independent. It’s possible to attain that by continuing to climb the proverbial corporate ladder, but for some, there is a better option. Though starting a business may seem difficult, a home based franchise is really the best way of leaving the fruitless struggle behind for something that can really get you ahead.

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Article Tags: adolescence, adulthood, brim, business benefits, business franchises, business model, businesspeople, businessperson, climbing the corporate ladder, corporate america, corporate hierarchy, dollars and cents, earning potential, financial freedom, franchise business, franchisee, franchisors, headway, paycheck, safe bet



Related Forum Posts
Re: Why Did You Become An Entrepreneur? - You mean Freedom = Responsibility. Freedom and responsibility are two sides of same coin. But I like the word choice. Robert
Try wikipedia.com for more information - That depends what type of business you are involved in. Maybe if you share that, we can help you a little better. I work mostly in the Work at Home industry so my advice would only be along those lines.
Re: Enticing Franchises - Top 9 List - All Franchise listed above are in millions of dollars. Do you have the list of Franchise in thousands
Re: Info for would be franchisers... - [quote="Sebastien":1d29sdv1]Like Franchise Times, Franchise Update is a very practical magazine. There is no blah blah, just straight facts that anyone in the franchise community can relate to. I just want to mention that all these magazines are NOT franchisee oriented. I mean these magazines are for franchise professionals. If you're looking to buy a franchise, you won't find much information in there. To answer your question, getting published in Franchise Times was fairly easy. I don't want to brag too much but I think I am known in the franchise industry. I was the marketing guy at Franchise.com for a few years before joining my new company, the World Franchising Network. So people know me and I have a very good relationship with Nancy Weingartner, the Managing Editor at Franchise Times. I was talking with her at the last Franchise Expo South in Miami and she mentioned she'd like me to be profiled. I was like "ok, sure!". I like this franchise executive profile thing in Franchise Times as it is rarely BS. People are usually really natural in there.[/quote:1d29sdv1] Thanks for the follow up Sebastien! And I can't say that I'm surprised that networking with the right people and managing your relationships with them properly are the keys to being published. I guess the old adage holds true of "it's not who you know, but who knows you" that's important.
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women


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