"In this turbulent economy, one option to diversify would be to start a franchise. I personally think network marketing is a better option however just in case you're interested, here's some startup info. Keep in mind, it may take you 3-5 years to break even and you'll never experience residual income. You'll have to manage employees and do your own payroll and accounting. Don't forget, you'll have to sign leases and pay lawyers and franchise fees.
Before you sign up for one of these programs, you may want to consider that having a network marketing business requires none of this, has a residual component AND costs under $1000 to start (and by the way, the earning potential is significantly higher in network marketing).
So here are some options for you:
1. Snap On Tools $135,390 # of locations 3,3922. 7-Eleven $393,800 # of location 6,142
3. Aaron's $420,725 # of locations 1,749
4. Panera Bread $1,447,770 # of locations 1, 379
5. Servpro $156,250 # 1,571
6. McDonald's $1,480,625 # of locations 14,016
7. Liberty Tax Service $63,350 # of locations 3,592
8. Merry Maids $66,600 # of locations 943
9. The Maids Interntional $106,420 # of locations 1,053
10. Jimmy John's $395,500 # of locations 1,130
Please let me know if you need any more info on any of these opportunities. :) By the way, they are legally not allowed to tell you how much money you can make . . . but they have to tell you that you may lose all your money and that you probably won't break even for 3-5 years. "
Forget about the financial impact, instead take a look at your time freedoms... do you have it? Are you missing out on something or someone important in your life? Anything worth having is worth time and love - where will you be in 3 to 5 years? Probably the same place if you don't take the first step in a new direction.
These franchise have a huge range of investment cash, what if you could find the same opportunity with SendOutCards... for an investment of $295. Check out the details on the business opportunity by clicking here.
Cheering you on! Shoot for the Moon -
Danielle & Family
Love these stats Danielle... thanks for sharing :)
ReplyDeleteSOC ROCKS!