Thinking about starting your own business?
What are your options?

Seventy-four percent of all self-made millionaires in America today made their fortune by building their own successful businesses. And here’s an important point: Many of these people never owned a business previously. You do not need to have experience in entrepreneurship. You just need to learn everything necessary about your particular business and then apply it as you go along.

There are hundreds of different businesses you can consider starting, and each has its own set of pros and cons. The biggest roadblock to starting or buying a business is that they require a considerable up-front cash investment. In addition to the large investment, the time commitment you must make when starting a business can ultimately turn out to be far greater than what you have experienced in any job, and the return is not necessarily worth the extra time or the financial risk.

Let's take a look at some of your options for starting your own business:

Option - Buying a Franchise:

You could buy a franchise such as McDonalds, Burger King, Wendy’s, Subway, or Dominos Pizza, but you may find they have many “BARRIERS TO ENTRY.” You will need to make a large upfront cash investment (average start-up cost between supplies, location, etc - can fall between $400,000 to $1 million), and in the end, what you are really buying yourself is 90-hour-a-week job. You are going to be stuck in one location all the time, and you will have to be there everyday to oversee the operation. You are not going to increase your time freedom.

With a franchise, you are also going to be required to pay royalty fees for the life of your business. These fees are in addition to all of your operating expenses, and in many cases, they can prevent you from being profitable.

The following shows a few examples of franchises taken from Entrepreneur.com. Be sure to note the "net worth" and "cash liquidity" requirements which would prevent the majority of people from even considering this option:

Gymboree - Children's clothing retailer and play center
Total investment: $141.4K - 286.8K Franchise fee: $45K Ongoing royalty fee: 6% Term of agreement: 10 years, renewable	Net worth requirement: $250K Cash liquidity requirement: $70K Where seeking Franchisees: Nationwide
Shakey's Pizza Restaurant - Family pizza restaurant
Total investment: $396.5K - 1.6M Franchise fee: $25K Ongoing royalty fee: 4.5%	Net worth requirement: $750K Cash liquidity requirement: $150K Where Seeking Franchises: Arizona, California, Colorado, Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, Oregon, Texas, Utah, Washington, Wisconsin
Deck The Walls - Art, custom framing and wall decor
Total investment: $180.9K - 245.2K Franchise fee: $30K Ongoing royalty fee: 6% Term of agreement: 10 years, renewable	Net worth requirement: $250K Cash liquidity requirement: $75K Where Seeking Franchises: Nationwide

Option - Traditional Brick & Mortar Business:

In almost every case, if you buy yourself a traditional business, you are doing nothing more than buying yourself a job... only with more headaches. You assume all responsibility, and you must be there all the time to make sure that everything is running properly. There are numerous costs associated with operating a traditional business including inventory, rent, and of course, personnel.

Administrative tasks take up a tremendous amount of time. The success of your business can be highly dependent on the state of economy, and you are also bound to one location. Long hours trapped in one location do not give you the freedom to spend more time with your family and friends or be able to take vacations, travel, and live a life of comfort and privilege. Costs are also a barrier to entry. Here are few examples of business that you can purchase - please note the limitations:

Waterfront Motel
Asking: $850,000 Gross: $150,000 Cash Flow: Not Disclosed Location: West Alabama, Alabama	Summary: This neat-as-a-pin waterfront motel is located in West Alabama. The property has 24 units plus a 2 bedroom apartment. All rooms have newly installed air conditioners and also refrigerators, microwaves, coffee makers, and hair dryers. There is a commercial laundry room for the motel and a separate laundry room for motel guests.
Custom Closets and Shower Door Manufacturing
Asking: $750,000 Gross: $1,100,000 Cash Flow: $234,000 Inventory: $56,000 (not included in the asking price) Employees: 13	Summary: An 18 year old family owned business servicing the Bathroom and Bedroom industry supplying products for window treatments, storage, ventilated steel shelving, partitions, laminated shelving, mirrors. In addition to the asking price there are assets of $340,000, including inventory, office equipment, trucks, woodworking shop tools and machinery.
Bagels/Delicatessen/Convenience Store
Asking: $565,000 Gross:$741,965 Cash Flow: $128,032	Summary: Excellent opportunity for entrepreneur to take this great business to the next level. Wholesale bagel operation potential, currently manufactures bagels only for retail operation but has capability and equipment for larger scale operation. Retail portion of business includes seating for 10, great food, deli, convenience store.

Option - MLM:

Multi-level marketing is a viable option for many with few barriers to entry. However, MLM carries a poor reputation which makes it much harder to succeed.

There is another option- International World of Vacations:

With IWV you will learn to take advantage of the work others are doing to achieve financial success while working from the comfort of your home. International World of Vacations also offers youFor an opportunity to expand your income and business territory with IWV, become a Support Center Administrator

You’ll learn how to:

	Take control of your financial future- IWV provides you with the Only Way to Wealth
	Enjoy a lifestyle of your choice
	Stand on the shoulders of giants in the largest industry in the world to see farther than you ever have before
	Have everyone wondering how you “did it!”

PLUS!

	IWV requires Minimal Capital Investment to get started- Become Your Own CEO
	NO hiring staff or buying inventory
	Vacation more frequently
	NO MLM or Pyramid Schemes
	Be part of the exciting travel business like no-other home-based opportunity

International World of Vacations – The Future of Travel is Now!

The IWV System puts you on the fast track to success. But the only way you can earn is to join. Ready? Then Get Started!

 

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