What If A Franchise Was Run Like a Typical Home Based Business and Residual Income?

Written by Nick A. James

Have you ever wondered how a Franchise would do if run like a typical home business? This might give you some idea.

There is something that is long as I live I will never understand. Well I suppose actually there are several things, however right now this is business focused. That something is residual income. I just canít forrepparttar life of me understand how someone can go through life and just continue to work at a job with no plan for residual income. I suppose many people just canít comprehend that they can have money coming into them while they arenít working.

There are a number of ways to get residual income like writing a book, or a song. However, these are tough occupations to succeed at.

One ofrepparttar 139210 very best ways to have residual income is good home business in Network Marketing. Network marketing has been criticized, poked fun of, ridiculed and worse. But itís here to stay and itís popularity is growing. Often calledrepparttar 139211 poor manís franchise, withrepparttar 139212 right company, product and timing a person can actually do much better than a franchise withoutrepparttar 139213 expense and headaches that so often accompany a franchise.

Think about this, what would you say isrepparttar 139214 best most successful stable franchise today? Several come to mind but no one can argue that McDonalds wouldnít be at or nearrepparttar 139215 top of most lists. So what kind of point am I making here. Simply this, many people argue that home businesses, especially inrepparttar 139216 area of network marketing donít work. Well gee whiz if a McDonalds was runrepparttar 139217 same wayrepparttar 139218 majority of people work their home businessrepparttar 139219 McDonalds would all go out of business.

Here is howrepparttar 139220 typical McDonalds would be run if run byrepparttar 139221 typical unsuccessful home businessperson.

When itís open Ė I stressrepparttar 139222 word open, (more on this) it would probably be open less than 1 hour a day. The workers would be sitting around pretending to be working, but accomplishing very little. And then suddenly at a whimrepparttar 139223 store would abruptly close, perhaps to open again in a few days or even a few weeks. No schedule or hours of operation would be posted whenrepparttar 139224 store was going to be open. After reopening after an absencerepparttar 139225 workers would just be getting back inrepparttar 139226 groove of working again when a half hour laterrepparttar 139227 store would close because no customers were coming in. It seemed not knowing whenrepparttar 139228 store would be open was keeping them away Ė imagine that. Well after a month or so of no customersrepparttar 139229 store is closed withrepparttar 139230 owner muttering under his breath. ďThese franchise things just donít work!Ē Then he starts telling all his friends, ďI tried one of those franchise things once. They just donít work!Ē

Cabinet Refacing Business Opportunities

Written by Randy Wilson

With allrepparttar cabinet refacing business opportunities out there, you could have a home based business that grows in this expanding industry. Youíve wanted your own kitchen updated, or talked to friends and family who have put out thousands of dollars remodeling theirs. It is an industry that will expand continuously, as homes are getting older and people want a new modern look.

This business allows you work out of your house, but clients will never step foot in your house. Although you will travel to others homes, this is one ofrepparttar 139209 best home based businesses available. Cabinet refacing business opportunities allow you to work from your home and not have to incurrepparttar 139210 high costs of overhead.

It is probably best to purchase a franchise in this area. They do most ofrepparttar 139211 legwork for you. They haverepparttar 139212 distributors and teach yourepparttar 139213 concepts and how to performrepparttar 139214 tasks. However, it is not impossible to start on your own in a cabinet refacing business, it just may take a little longer for you to gain allrepparttar 139215 contacts you need, and start getting a profit.

Either wayrepparttar 139216 first thing you should do is go torepparttar 139217 Small Business Administration website. You will be able to find a sample business plan to help you create a cabinet refacing business. This plan is a necessity. Not only will it help you obtain financing, but it will also ensure that you look at all aspects ofrepparttar 139218 business, such as licenses, insurance, budgets, and such.

You can pay a business consultant to write your business plan, but you should do it yourself. By doing it yourself, you will ensure you have missed nothing and understandrepparttar 139219 exact amount of money and commitment needed to get this cabinet refacing business offrepparttar 139220 ground. While creating this document, remember, it is dynamic and should be reviewed at a minimum yearly.

Duringrepparttar 139221 creation ofrepparttar 139222 cabinet refacing business plan, you should be researching distributors, or franchises. Figure out which way you are going to go, and plan accordingly. Make your business plan reflect your decision, and use it to help you consider all costs associated with opening your business.

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