Franchise versus Network Marketing

Taking a look at different types of business opportunities, rather it be franchise versus network marketing, you have to look at aspects to determine how you can be successful in either type you venture.

With both franchises and network marketing, there are training’s that have been proven for you to implement.
The franchise business model leaves you responsible for delivering the product or service, along with hiring staff, etc. The initial set-up fees can run thousand of dollars which also includes any royalties you must pay to the franchiser, which can be 4 to 8% of your gross sales.  Most don’t even break-even the first year either.

The network marketing model allows you to be a distributor, consultant, or representative for a company.  The start up initial fees can vary as well from about $100 to $1,000 depending on the company.  There may be monthly cost as well, but typically no more than $50 to $200.  Since the initial cost is so low, you can break even sooner.

Taking just the start up cost plus the monthly upkeep of a network marketing company is significantly lower than a franchise.  The decision is seriously made when figuring out your financial goals.  Both can bring significant income, but is it unlimited?

See how you can best leverage your time to seek to secure a successful business model.  Look at the long term results and plan in order to see the whole picture of a franchise versus network marketing.  When you start your own business, you can not just get rich quick.  You must have a plan to start on day one and be able to take business to new levels.  More today are looking at the network marketing business as much easier, but it still has it’s own challenges.  Then most are really skeptical about generating a real income with network marketing as well.

If you we’re to put the same investment into a network marketing company as you do a franchise, would you have different results, than the low start up initial fees?  This is where you have to determine your goals and how it’s best to leverage your time for maximum results.

Learn about business building with plans and strategies to take your business to new levels by writing out a successful business plan.  Clearly set goals that you would like to reach with your business.  Discover your brand and share it throughout your marketing.  With a goal in mind, you are driving to successful stick to the plan no matter what it takes.  Best endeavor.

Learn from the mentors inside this system HERE.