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Why Internet Franchises May Be Right For You
Written by: Candice ClemArticle Overview: There are many reasons to begin the exciting journey of owning a franchise; the most prominent is being in business for yourself; being your own boss. If that is the draw that brings you into the market of franchise opportunities then you might find a particular brand of franchise businesses offers a certain appeal. Internet Franchises. The internet franchise opportunity offers the owner the freedom of being their own boss and owning their own franchise and also adds to it 4 major advantages over a more traditional tangible goods and services franchise.
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Free Download - Hottest Small Business Opportunities For The Summer By Candice Clem |
Why Internet Franchises May Be Right For You
There are many reasons to begin the exciting journey of owning a franchise; the most prominent is being in business for yourself; being your own boss. If that is the draw that brings you into the market of franchise opportunities then you might find a particular brand of franchise businesses offers a certain appeal. Internet Franchises. The internet franchise opportunity offers the owner the freedom of being their own boss and owning their own franchise and also adds to it 4 major advantages over a more traditional tangible goods and services franchise.
1 – Internet Franchises can be run from home
The internet franchise offers the owner the extreme flexibility of working from virtually anywhere that a computer can be operated and access the internet. Today the places where that can happen are rapidly expanding making an internet franchise operable from almost any residence in the world. The beauty of running a business from your home is the time that you will save commuting to and from work, the time that you will be able to share with your friends and family, and the money that you will save on transportation costs. The casual environment that you create when you own an internet franchise really allows you to experience the full benefits and freedom of being in business for yourself.
2 – Internet and Computer Franchises have extremely low overhead costs
When operating an internet Franchise business there are several overhead expenses that are immediately eliminated from the typical costs of running a business; no office or property to manage, no rent to pay on workspace, very little or no employees and payroll to manage, no stock to store in warehouses or transport, and very little to no travel expenses since your business and clients are all accessible through the internet.
3 – Internet Franchises are not limited to a local area and are not difficult to find
Many franchise businesses can suffer from poor location, or simply from being in an oversaturated market. By owning and operating an internet franchise you are not operating in a specific location you are operating everywhere that people are accessing the internet. Also in the internet franchise world you have millions and millions of customers that are able to access your information, your products, or your service and are not limited to the geographical restraints of a physical location or market. While any given shop or store in a community could lose business from a competing store moving in across the street vying for a limited number of customers in the community, the internet franchise offers owners constant competition, but on a global market scale where there will always be millions of customers still available to the franchise.
4 – Internet franchises draw in customers who are interested in the product
While a physical location can only draw from the population in proximity to the franchise itself an internet franchise has the unique ability to draw customers that are specifically interested in the product and service being offered. With the rise in popularity of search engines the random “surfing” of websites decreases, which results in a much more specific customer base on the internet. People who visit your internet franchise are there for a reason, they are already interested in your product or service and it’s only a matter or providing the proper information in a way the customer can access easily.
While there is a certain legitimacy to found in the comfort of tradition, innovation and technology offer the entrepreneur a whole new world of franchise opportunities. The internet franchising world is rapidly expanding and as Internet access and information becomes easier and easier in our world the market will only grow and allow established internet businesses to continue to expand their customer base.
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Article Tags: being your own boss, casual environment, extreme flexibility, franchise business, franchise businesses, franchise opportunities, internet franchise opportunity, internet today, local area, overhead costs, overhead expenses, owning a franchise, payroll, poor location, running a business, tangible goods, transportation costs, travel expenses, typical costs, warehouses
Related Forum Posts
franchisebrief.com good clean design
- I actually really like the design - it's clean and not busy. The information is easy to find.
You mentioned you didn't want to monetize from the site thru the use of adwords but what about JV'ing with all or most of the Franchises you are referring people to.
Is that possible in the Franchise industry?
Re: Franchise Support. What is it to you?
- To be honest I have never been a big believer in Franchises.
Which of them did you have the best and worst experience with, when you called in as an "interested buyer"?
Clothing Franchises
- I believe that there are quite a few franchises for larger brands such as Diesel, Lacoste and Bennetton etc... but I am not sure how these contracts work.
In New Zealand, Canada & Switzerland Clothing Franchises are for smaller designer brands & Outdoor clothing -- such as Bivouac, the great Outdoors etc
Ian
Re: 4 Home Based Opportunities For 2011
- Hi,
Thanks, for sharing these value information with us. Internet make easy us to earn money even at home. Internet offers a lot of opportunities to earn money. Internet Marketing is the biggest example of money making.
Top performing Franchise Loans
- Evan,
There are over 120 Franchises listed by the SBA with 0% Loan Failure from 10-1-00 to 9-30-05 these companies have at leat 10 loans disbursed.
A number of the companies are Hotel/Motel Franchises so I listed them separately.
Since all the ones listed have 0% loan failure I listed them descending by # of loans disbursed.
Top 20 (by # loans Disbursed) 0% SBA Loan Failure (does not include hotels/motels)
1 21425--CULVER'S FROZEN CUSTARD 85
2 66910--PRIMROSE SCHOOL (DAYCARE) 76
3 14467--CARTRIDGE WORLD STORES 54
4 68021--QUIZNO'S SUBS 41
5 06560--AUNTIE ANN'S (SOFT PRETZELS) 40
6 29912--FIREHOUSE SUBS 35
7 31154--FOOT SOLUTIONS 35
8 52707--MEDICAP PHARMACY 35
9 09802--BEN & JERRY'S ICE CREAM 33
10 67759--COMFORT SUITES 33
11 70150--RITTER'S FROZEN CUSTARD 32
12 05650--ARBY'S 31
13 65160--PLATO'S CLOSET 31
14 67417--PUMP IT UP 30
15 69149--REMAX 30
16 71456--SALAD WORKS, INC. 30
17 76282--SONIC DRIVE-IN 27
18 84725--UNION 76 OIL 27
19 17049--CHRISTIAN BROTHERS AUTOMOTIVE 26
20 78950--SUNOCO SERVICE STATION 26
Top 10 0% SBA Loan Failure Hotel/Motels
1 10275--BEST WESTERN INN 104
2 67750--COMFORT INN 98
3 38605--HOLIDAY INN EXPRESS 87
4 36680--HAMPTON INNS 57
5 53165--MICROTEL 33
6 75385--SLEEP INN MOTEL 26
7 04160--AMERIHOST INN 18
8 69134--RED ROOF INN 13
9 17230--CLARION INN & SUITES 11
10 20715--COUNTRY INN 11
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