Tuesday, May 12, 2009

Looking at what to do in this ECONOMY?

Are you considering mortgaging your future or spending your life's savings on a franchise?

Lets do some basic item for item comparisons. First and most obvious, with a small business franchise, your market is local. With an online business your market is virtually the world. What about start up cost? A small business Franchise has an initial Franchise fee from $20,000 to $1.5 million. On top of that you need a reserve and start up money, $50,000 to $250,000. With an Online Business, start up and marketing costs can be close to nothing. A reserve is not necessary because there are many effective ways to market online that have little or no cost.

With a small business franchise, average return on investment is 3-5 years. With an Online Business it is immediate if you are in the correct program and/or if you are selling the right product AND you have the right MENTOR. One thing that I know from owning my own business. You CAN be very successful. BUT, unless you are extremely lucky, the business will own you, rather than you owning the business for the first few years. You will have to work 10-15 hours a day AND you will have to put almost ALL of your resource's BACK into the business.

A BIG difference is that with an online business (or even an offline marketing business with the right direction) you can make money part-time while you build your "bank-roll".

The BIG problem is that making money online is no guarantee. In fact, at least as many people FAIL online as they do off-line in business UNLESS they are properly guided through all the minutia.

The bottom line is that making money helping others online is VERY simple, IF you have the correct map...Believe me, there are MILLIONS of people online looking for what YOU have everyday

www.Patricks.TV

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