Tom’s Franchise Information Blog
Whether it’s to spend more time with the family, or to be able to live out in the country miles from civilization. From avoiding traffic jams, to wanting to take your time with toast and jams, there are many reasons to leave the corporate world and work at home. With all of the home based business opportunities out there being able to work at home has never been easier. There is such a literal surge of commerce and business that takes place solely on the internet today that many business can be run from any home in America. All that is needed to work at home is some desk space, a computer, and an internet connection. That, and knowing what type of business or franchises can actually be run completely from home. Here are 5 internet businesses that can be run from home with very little or no outside commuting or labor requirements.
#1 Advertising Consultants
The Advertising Consultants franchise business opportunity allows motivated and creative individuals the chance to own and operate their own advertising and marketing consultant business from the convenience of their own home. No large overheads or staffing to maintain, and no high level production design studios. For Advertising Consultants franchise owners appointments are pre-scheduled, and their franchises can be run part time to begin with to help their owners maintain financial security. Advertising Consultants offer the freedom of no territorial restrictions, a huge market exceeding 15 million potential clients, and comprehensive training and support in all phases of the franchises development.
#2 WSI Internet
WSI provides medium, small, and large businesses with internet and technology services. Their commitment to a proven business model and extensive training to each of their professional consultants has propelled WSI Internet into the top 50 franchis (more…)
The Franchising Business is probably not something new for you. You’ve probably heard about food and clothing establishments being franchised. But for those who do not have a clue, a franchise is a permission that is provided by the manufacturer or the owner to retailers or distributors to sell the manufacturers’ or owners’ products and or services.
Take for example Restaurant X who specializes in fried chicken. Restaurant X has established its name all over one country. Now, it wants to expand by providing franchising opportunities to smaller companies or individuals looking for a business to start. So if Individual Y wants to have a restaurant that serves fried chicken, he or she may opt to just get a franchise of Restaurant X. If it approves, the Individual Y can open up a Restaurant X of his or her own, using the brand, under the terms provided by the franchisor. Restaurant X will provide training, support and guidance to help Individual Y start the business.
Now that you have an idea of what franchising means, let’s begin to learn about the different types of franchise businesses. For those who are not familiar with the details of franchising, there are four types of such business:
1. The Product Franchise.
With this the manufacturer uses the franchise agreement to determine how the product is distributed by the person buying the franchise. A retail company can be provided with a franchise to distribute, for example, a range of tyres. The franchisee can utilize the brand name and the trademark owned by the manufacturer to distribute or sell the car tyres. The owner of the store will pay the manufacturer a franchising fee or agree to purchase a minimum inventory to sell on to their customers. The manufacturer gets the income from the purchase of the retailer, and/or the franchise fee, and the retailer gets the benefit (more…)
Naturally, most Entrepreneurs seek an opportunity that allows them to build a wonderful enterprise appealing to the masses with the most fabulous “can’t live without it” product or service.
Obviously, this enterprise could be a start-up, existing business or a franchise. Start-ups are of interest because you can do it “your way” and have that control we all desire. However, the Entrepreneur typically does not have the patience to put all the applications of the idea into action. As the idea materializes, the details and application steps sometimes get lost in the grandiose plan and future pacing of the Entrepreneur.
Existing business acquisitions can often provide the Entrepreneur with a platform upon which to build his/her empire. Purchasing a “stream of income” can jump start the process and sometimes accelerate the growth curve. Finding the right one can be tedious, time consuming and difficult to negotiate. The occasional “oh, by the way” surprises can be jolting and cause severe headaches!
Entrepreneurs wish to control their own destiny. Captain their own ship. Is this Utopia? Perhaps, but more accurately the drive to create something that is useful and/or desired by the consumer. To produce a reasonable and expected ROI and to exceed predicted growth (multiple locations, linear growth, new market channels, diversification of product or service).
The Franchise Model…
Some Entrepreneurs prefer to form their own business model. Others gravitate to a proven concept like the business format franchise model. Particularly for the entrepreneur who has never owned a business before…the franchise model provides a stepping stone to achieving the “golden ring.” Master Franchises are a good example. Now here’s a REAL entrepreneur’s dream. Master Franchises have been touted as the “Best Kept Secret in Franch (more…)