VIDEO ON MSN MONEY
most of those franchises are concepts one could start themselves WITHOUT bothering with any franchise fees or continued royalty payments.
so WHY buy those franchises? that's the deeper story today's reporters find "too hard" to ask and report on.
simple "people magazine's fluff reporting"
.......move along people.........
AWESOME!!! I'm so glad you posted this. As a Business Lender I read a LOT of well-written business plans no one bothered to read themselves or follow. MILLIONS get lent based on the prospect of assets as security and the good intentions of the borrower. I started BOTH of my businesses at a hobby level to gather skills and deal with obstacles during a reasonable Risk level. Often the best find a way through those obstacles and grow knowing that others will need to encounter them to compete. It's called-- Free Enterprise. Inheriting your dad's giant business isn't the same thing. Getting hired-in at the top- isn't the same thing. Losing is learning and the mettle that success is forged from. Luckily, today we can blend street and virtual dynamics to see our businesses grow instead of fail (and lose too much). Readers need to realize that the franchise option starts as a turn-key venture and they pay dearly for it. A self-started venture is all you (or me) and we know it intimately. Great post, CBOT!
If you need a franchise for any of these so called, “business opportunities,” chances are you shouldn’t be in business in the first place. These are all BS businesses. Want a real franchise with a relatively low start-up cost, try ‘Inks-To-Go’ or something like that. It’s a viable service that’s in demand. The only one who stands to profit here is the franchiser, not the franchisee.
The idea of a franchise is to use a system from someone who already made a business. Of course you could do these businesses on your own, but you pay for a much higher chance at success. Nothing is guaranteed in life, but you can always increase your odds. 90% of small business fail, 80% of franchises succeed.
Stick to the topic of the article, and quit posting stupid opinions.
Funny How I am a pig, because I dont want share my money or welth as it is, I have lost 2 business's several Great employees, home and property, I have to start all over again so I can be a PIG and employe some more great employees!
Wow! sound like I am a pig republican, triing to help others while helping my self! I am confused.
I guess I should get in line with my hand out! for the Hand Out!
Oh! and vote for Noboma!
Sorry! I just cant stop carring for others, my country and my family!
Why be like Mr. Romney, why not be like Obama. That is where you can pocket BILLIONS of dollars and don't have to answer to anyone about it. He can go on lavish vacations where the people of these United States HAS no choice than to pay th expenses. He can do what ever he wants at tax payers expense and does not have to answer to it. So Mr. Randy Christan or what ever name you want, you can sit on you thoughts and ROTATE............................................. Obama is the Worst President EVER...........................................................................
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