People from all walks of life dream of one day being their own boss. We've grown tired of the eight, ten, and twelve hour days of working hard, while often being treated badly in the process. Many people have original and innovative ideas that are practical enough to build upon, but what if you are stumped? What if you just know you need to make a change and you are ready to venture out but you can't come up with an idea to save you life? Why not benefit from someone else's idea? Look into the many available franchise opportunities..
Franchising is a way of obtaining permission from an already established and successful business, and selling that product or opening that establishment in the specific region in which you have been given permission. There is usually a contract and a pretty large price tag involved. You probably would make your money back relatively quickly, but you still have to have the up front money or financing available to you buy the franchise.
This is what deters a lot of would be entrepreneurs from becoming franchisees..
A very popular franchising opportunity is McDonalds, one of the first franchises ever to have emerged. HereТs a snapshot of what it takes to buy a McDonalds franchisee.
$45,000 initial fee paid to McDonalds. Equipment and pre-opening costs are roughly $700,000 to $1,504,000.00. $250,000.00 NON BORROWED down payment. PLUS service fees and rent. WOW! It sure is a lot of money but the risk is definitely low and the pay off outstanding. If you have the money and a good location, it is a good franchising opportunity..
McDonalds is one of the highest examples of franchising opportunities, so don't be scared off by the expensive nature. At the opposite end of the price spectrum is vending machines which are much more affordable to the average guy. There is a lot of information on the web about buying a franchise. Do some research and find the one that fits your budget and interests.
Aren't you tired of making someone else rich?.