Tweet

Are you Thinking about Starting a New Franchise, Retail Outlet or other Business Venture?

Written by: Mike Morgan

Article Overview: Are you considering starting a new business but you are still investigating the advantages or disadvantages of the various business types? Which one will deliver the quickest financial returns? In this article I analyze some of the benefits of choosing to join the internet marketing revolution.

Are you Thinking about Starting a New Franchise, Retail Outlet or other Business Venture?

If you are thinking of leaving the world of being an employee behind and joining the ranks of the entrepreneurs, small business owners and self-employed there are a few things you should consider before taking the plunge. There are an incredible array of business opportunities out there and they are structured in many different ways. You could be thinking about buying into a franchise, or perhaps you are considering opening a retail outlet, or maybe offering a service or wholesaling and marketing a product. I have had experience being an employee and have also been an owner of a retail outlet so I understand what the advantages and pitfalls of these are. I have experienced the pain of lack of foot traffic into the store and the financial stress of trying to cover extensive overheads in tough times. Before you jump into any of these I suggest you take a look at the lucrative field of home based online marketing as a serious option.

Here are a few reasons why:

If you have a family you get to spend valuable time with them. You get to see your kids grow up. You can see them off to school and be there for them when they get home. You are free to attend any after school events you choose to.

The startup costs are relatively small. If you have a computer, a fast internet connection and a phone you are ready to go. To buy a franchise or set up a retail business takes a massive investment which means your return on investment will be low for an extended time.

There is no recession on the internet. The one arena that has completely ignored the economic meltdown is the online marketing business. The growth within the company I work with is simply astonishing.

Financial freedom. With high upfront commissions on a highly sort after range of products and a potential billion and a half people in the market, the speed with which you can achieve great results is unique to this type of business.

This is the future, right here, right now. This business paradigm has captured the attention of the most successful entrepreneurs globally as they recognise an opportunity that works.

There are no overheads. You don't have any of the punishing costs of the regular business model. Insurance, power, shop-fitting, inventory, legal costs, banking costs are all major headaches in the business world. These are not relevant to online marketing business.

Staffing issues. You are the staff. You have none of the nightmares of recruiting, managing, and training staff. No personal issues, discipline procedures, staff rules and regulations.

You can operate your business from anywhere in the world. You can travel the globe and still successfully operate your business from your laptop and phone. This real freedom.

These reasons are in my opinion extremely compelling. I am fortunate to have teamed up with a group of the most successful entrepreneurs in the internet marketing world. This is essential to guarantee results in your enterprise.

Related Articles
  Central Cottage Industries Corporation of India (CCIC) plans to open overseas franchise crafts outlet in China
  Starting Your Own Franchise
  A Research Report: Good Reasons for Buying a Franchise Business
  Beat the Recession with a Retail Franchise
  A change of direction with a Franchise Business

Article Tags: business venture, high profile enterprises, mike morgan, mike morgan and midge hand, new franchise, online marketing business
Referred by: http://jaykubassek.com



Related Forum Posts
Happy Worker as of Dec 31 2007 - Here's mine... I'm now off to make an offering to the business planning gods for their help in getting to these goals & beyond. To the combined success of Prophets 2 Profits! ----------------------------------------- 1) Corporate a) Retail - Sales reps covering all major markets (1M or more) - Retail product launch plan - 1 more retail release (TBD) b) The Toy Agency - Systems for: o Creative process o Pricing o Manufacturing o Logistics - Marketing agency strategy in place - 1 new customer every 2nd month (5 new customers); 1 of which will be rev of >= 500K/year c) Business - Creative talent pool management strategy & process - Outsourced and/or weekly bookkeeping - Monthly budgeting & forecasting - Better banking organization (Line of Credit, CCs, automate billing for appropriate vendors) - Team total of 5 - Larger office d) Web site - Daily updates - Start of separation of Blog/TTA/Retail 2) Personal - Most weekends “off”! - Entirely separate personal finances; basic personal financing plan - Family….?
Del Castienne - International Business and Project Brokers - In addition to the above, Del Castienne is an international brokerage firm specializing in various entrepreneural services. Del Castienne is more than just a brokerage, as we facilitate Private International Venture Capital for Business and Projects from Commodity Speculation Transactions, MBO, MBI, M&A, Bridging Finance, Patents, Branding, JV, Corporate Advisory Services, Business Plan Development, etc.. Del Castienne is linked to 1200 private international Venture Capital consortiums and Funding Syndicates with a funding capacity of $ 115 billion and 5000 international Investment Bankers and Business & Project Brokers. This in itself should provide you with a gateway to the best source of funding in the world. Through Del Castienne any entrepreneur can have up to a potential success rate of 25% (conditions apply) with absolutely no up front costs. Del Castienne charges a maximum of 5% commission which is far below the international standard of 10% - 12% on project value. If you are tired of running back and forth with countless dissappointments, please give us an opportunity to assist you. Our minimum Venture Capital amount is $1 million and we a Commitment Letter can be provided with in 30 days after formalities are in place and your information was received.
New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital
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.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Online Business Ideas: A Look At Various Options

Marketing & Sales tools – going back to basics

How do I finance a franchise?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.