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Franchise Home Business Opportunity - Right for You?
The recession and the baby boom bulge have created a burgeoning demand for home-based businesses. Some will consider their options and choose the franchise business model. According to the U.S. Small Business Administration, 25.8 million businesses in the USA and a whopping 99% of all employers are small and home-based businesses, including franchises. Remarkably, these businesses have generated 64% of new jobs over the past fifteen years, and they employ more than 50% of private sector employees. Brick and mortar franchise opportunities are often prohibitively expensive, many running into hundreds of thousands of dollars - home based franchise opportunities, however, are generally less expensive, though still much higher than Direct Selling/MLM where sign-up costs are often less than $200 – a home-based franchise is typically more than $20,000 and commonly up to $50,000 or more. Especially where a franchise can be grown as an online business (making it convenient and cost-effective to develop the business by web-based and opt-in email strategies), it can be a winner.
If you need to raise money, job #1 is to create a solid Business Plan to support your application to investors. Here's a good tool...Click here to view more details
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