Before I got into the home-based business industry I weighed in heavily on the option of opening a franchise. I signed up for newsletters and got daily updates for franchise opportunities that were available. What I found was much like the home business industry, there are many, many opportunities to choose from. I knew it would be tough to decipher the good ones from the bad and spent a lot of time doing so. In the end, I came to the conclusion that none of them would be a good option for me and chose home business instead.Now don’t get me wrong, I’m not knocking on franchises. There are plenty of success stories out there for that type of business, and for many it’s a great option. They just weren’t conducive to my goals and the lifestyle I wanted to live. I’m simply going to show the similarities and differences between home-based business and franchising to give a better understanding why home-based business can be a better option.The similarities between the two are abundant. They both offer an array of different opportunities to meet your budget guidelines. I’ve seen franchise options out there that require start up capital as low as $10,000. Some even offer in-house financing. With a home business you can start with an investment as low as $1000-$2000.They both offer a proven business model to help ensure your success. This includes things like training that are based off of what has worked, and hasn’t worked for others out there. With a franchise you can get in contact with other franchisees for advice on how to run your business more efficiently much like you can contact successful leaders in the home-based business industry.The biggest similarity of all is that they’re both going to require a lot of dedication and hard work. You can’t buy into a franchise and expected to make money the next day. The time and effort you put into it will ultimately dictate your success. There’s no such thing as a free lunch in this world and get rich quick just doesn’t exist. You have to be passionate about what you’re doing and do it every day to reach your goals. Both of these businesses have a failure rate that can be caused by a number of things. It could be because of a bad business model, or someone just didn’t work hard enough for it to be successful.Though some of the similarities we mentioned may sound great, it’s the differences that can make you second guess whether or not franchising is the path you want to take. With franchises you have a lot of overhead and operating costs. You’re going to have to pay rent for the space you lease, on top of additional things like electric, water, and sewer.In most cases you’re going to need to have employees and the payroll that goes along with them. You’ll have to go through the trouble of finding people you can trust. You want to make sure they aren’t people who will steal from you. If you don’t want to be there all the time you’re going need to hire a store manager on top of that.There’ll also be things like equipment or inventory that will be required to operate successfully. Not to mention the franchise and royalty fees that have to be paid in order for you to stay a franchise and use the franchise name. Normally this is a hefty flat fee and a percentage of sales. Add that to the money you spent to buy into the franchise and you can see how quickly your costs can rise. For a more popular franchise you’re going to pay hundreds of thousands of dollars and be required to have a set amount of cash and assets to even be considered.It could be years before you ever even turn a profit and you’re going to have to work 60 to 80 hours a week. Even when you do turn a profit it could be a very small margin. All of those long hours you put in could be for very little pay.With a home-based business you eliminate all those variables. You have a low start up cost and can work at a pace that best suits your current situation. Like me, most people got started while they still had jobs. There are no additional overhead costs other than what you already have at home and there’s no need to hire any employees. You won’t have to worry about traveling to a brick-and-mortar store every day or what you’ll do if you find the time to go on vacation. With a home-based business you can work wherever you have Internet access.You won’t have to pay any franchise fees and you can turn a profit much quicker. Your profits will be higher and you won’t have to work those 60 to 80 hours a week. The differences are tremendous and the risk is much, much lower.With that said, it’s important to do your research. As we’ve outlined here it’s easy to see why starting a home-based business can be a much better option. I’m not saying franchising is a bad thing. If you’re thinking about opening a store make sure you’re ready for the challenge that lies ahead. The same goes for home business to. Remember to weigh the pros and cons and get educated. Making an informed decision and working hard will add to your success.
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Internet Business For Sale – The Top 3 Things to Look For in Your Online Business
It is clear to see that the online business industry is thriving. That shouldn’t come as much of a shock when you consider that the internet, with its numerous online business opportunities, continues to grow exponentially year after year. You probably see ads for internet businesses every day through your normal internet activity. They are literally everywhere, but if you are looking for a truly legitimate internet business for sale, then there are definitely some specific things you should look for to make sure you will make the right purchase and decision.The Top 3 Things to Look for in an Internet Business for Sale:1- Company History: One thing you should look for is to see how long a company has been around, how they got started and what their plans are for the future. You don’t want to just join up with some fly-by-night scheme that will be here today and gone tomorrow. They should be in it for the long haul so that you’ll know you can start a bonafide career to be successful today and well into the years to come.2- Transparent Presentation: What I mean by this is that the company you are looking to buy in to should have absolutely nothing to hide and everything out on the table for you to see. They should provide you with a free tour to really see what they are all about and get a feel for what life will be like for you when you are a part of them. A tour or test-drive should really show you the behind the scenes of the company as well as the training and resources that will be available to support you in your new business. That along with a questions-and-answers section will be invaluable tools to help you make up your mind when searching for a great internet business for sale!3- Relevancy for Today: The perfect internet business will also be 100% relevant for our world today. You need to be sure that whatever they are selling or promoting whether that be a product or a service, won’t be obsolete in the near future. In the health and wellness industry, for instance, this is quite common, with new and better products being developed at a rapid rate. So be sure the company you join is on the cutting edge in its industry and continuing to improve and build upon itself so that you can be confident that you will always be ahead of the competition!The Internet is such an amazing and resilient industry to be a part of, with income potentials that can be truly limitless when you consider that you are literally marketing to the entire world! There will certainly be a learning curve when you are first getting started, but if you are sure to search for these key areas and focus on finding a company with unsurpassed training and support, your chances of success will be greatly enhanced with a coming journey that is sure to bring huge excitement and financial triumph!
Why Does the World Have a Shortage of Automotive Electricians?
The massive demand and the fact that the trainee numbers decreased drastically, for qualified automotive electricians particular those with the more advanced skills, has created a shortage of workers in this field.The fact that changes in automotive technology brought along that auto electricians increasingly needs more and more advanced knowledge of sophisticated components and the working of these components.Cause a normal school drop out not to be suitable to be trained as an auto electrician technician any more. It used to be the school dropped outs that was trained in the past to become workers in automotive industry. This is no longer the norm.As people that’s wants to be trained as these technicians needs more advance skills and schooling now-a-days before they can be trained to be fit for these jobs. They must have a knowledge base of electronics and the working of electronic systems.To become an advanced skilled auto electrician, you will have to undergo serious training in the understanding of these systems that is implemented into vehicles. You must have the skills and experience to work with computer diagnostic equipment.This will be necessary for the following reasons.
The diagnostic scan tool only supplies the technician with a default code.
Then it is up to the technician to identify the possible cause of this defect.
This default code can still be misleading as it can be caused by the substitution from the one defect to another.
Therefore, the technician must understand this substitution due to the hop-technology that will try to override the defect by shifting it to a working component.
After the real cause of the defect was identified, the technician must have the skills and knowledge to rectify the defect.These are a few reasons why less and less people gets trained as automotive technicians, because you basically needs people with after school educations to be trained as automotive electricians in this modern world we living in.To me this will become an even bigger problem in the future as the amount of vehicles with this advanced technology installed into them will just increase in numbers.