Ahhh... I love fast food! No, really, I do. I know its not healthy, but a juicy burger, fries and a cola to me are a real temptation. I am clearly not the only one, because there are fast food franchises on just about every corner in America, if not the world. Even if you are a health food addict, there is a franchise for that too. You name it, furniture, clothing, drug stores, party stores, exercise equipment, shoes, underwear, Halloween costumes, and the list goes on forever.
Often times the general public will get the perception that a franchise is the answer to all their financial dreams. For a rare few this may be the case, but there is significant reason to be leery of this line of thinking.
For starters, I did a little research and found some of the most popular franchises. Go get access to their financial requirements. If this doesn't make you think twice, there is more revealing data below, of which you should be made aware. Many require assets of over a million dollars, although there are many cheap ones that do not have the name recognition, so one wonders what you are paying for, if there is not a "name" to pull in the customers.
SCORE, a small business counseling agency has an article on their website (score.org/exploring_franchising.html score.org/exploring_franchising.html) quoting the President of the American Franchisee Association, saying "many of her members are unhappy with the franchises they purchased and would have made different choices if they knew then, what they know now".
That makes many want to consider other options, such as a Legitimate Home Business. Although many found on the internet are scams and get rich quick schemes, there are Legitimate Home Businesses available and many can make a substantial six figure income on an investment of less than $20,000.00. This is appealing considering the down stoke involved in most any franchise that has valid name recognition. One particular Legitimate Home Business had startup costs of less than $2500.00.
Bottom line, be careful. You worked hard for your life savings and if you are going to risk it on the American Dream of Big Bucks in Business, do your homework.
Don't let the fear of the unknown scare you into doing nothing. Figure out what is right for you and do your due diligence (bookmark this article for later use).
Take Action, and Go Create a Life By Design!
Greg Six is the owner of the Six Group and has been an entrepreneur for 15 years. Motels, video store, Ice Cream Shop, and rental properties include some of the ventures to fill his resume. He spends his time with his wife and children and enjoys travel and assisting the average North American Joe & Jane, as they consider their options in the world of entrepreneurial ism, an area that colleges and universities offer very little assistance. He has endured the pits of failure to reach the heights of success and enjoys using his experience to point others in the direction of their dreams.
If you are interested in the Home Business that I found to be the most Legitimate option, start with this link LegitimateBusinessFromHome.net/?FranchiseArticle1 LegitimateBusinessFromHome.net/?FranchiseArticle1
There are many snakes in the Home Business Industry too, so do your research. This site has a Free Business Evaluation Guide that gives a great explanation of the things to be aware of, and the right questions to ask LegitimateBusinessFromHome.net/?FranchiseArticle1 LegitimateBusinessFromHome.net/?FranchiseArticle1
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