Franchises can and do fail however. If you're considering opening a franchise, examine the probabilities and responsibilities meticulously before putting your hard earned money into the franchisor's hand. While there are many benefits to owning a franchise, there are also many drawbacks. In a new name business, you are definitely, for better or for worse, your own manager. In a franchise situation, this isn't correct. If you're looking at something aside from a franchise then why not consider a home based business opportunity in internet marketing
Because you are a franchise of a bigger company, you'll be required to stick to their rules, rules and requirements. You'll need to be well placed to work inside their company framework. This means that you can't follow your own business plan, you will be required to follow a business proposal the franchisor has already set up. If you examined the plan and decide you can't live within it, then you should look somewhere else for your business proposition. In a new name business, your territory is the world and you can open your location anywhere you would like.
Within a franchise environment, you'll be limited as to where your location can be. Among the limiting factors will be your location relative to where other franchisee offices are. This could work with or against you dependent on how you operate your business. As a new name business you can sell whatever you can sell. As a franchise owner, you'll be limited to selling only the stock or services supplied by the franchisor. But if you kick off your own home based business opportunity in social marketing then you are in total control of your destiny
You also might be needed to carry or purchase certain amounts of stock items over precise periods of time, regardless of what your pragmatic turnover rate is. As a new named business, your marketing budget and system can be whatever you wish it to be. As an element of a franchise, you'll be required to either pay into the franchise for advertising produced by them, or pay for your own advertising following their rules and rules. You could be required to get any and all advertising authorised before it is possible to put it out to the public. This again is not the case if you want to kick off your own home based business opportunity as you will be in complete control of what costs you wish to incur to grow your business.
![[Valid RSS feed]](http://www.look4articles.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites
![[Valid RSS feed]](http://www.look4articles.com/images/rss.jpg "XML Feed For RSS")