I see you are interested in low cost franchises under $ 5000. That's a good thing because it shows that you are thinking more as an entrepreneur instead of an employee.
I take it that you want to be your own boss.
Have more time freedom.
Want to earn more money, more of what you are worth.
You want control of your time.
You like the idea of being able to come and go as you please, provide for your family, and give back to the community.
NO I'm not reading your mind … lol.
I just know that we as entrepreneurs want.
We generally want the same thing across the board. That's why we are not willing to stay with the herd, remain average, allow fear to rule our lives.
We are willing to take risks.
Whether that includes buying low cost franchises under $ 5000 or not you know that you have to go out on a limb because that is where the fruit is.
As you are reading I want you to keep in mind one word …
So why did I make a bold statement in my title telling you top 10 reasons why you should buy not just low cost franchises for under $ 5000 but any franchise opportunities?
I can honestly sum it up in one reason.
But in honor of David Letterman and for kicks and giggle I'll give you 10 reasons.
As I typed in Google "low cost franchises under $ 5000" I came across a CNBC site that gave some very helpful ideas.
Grant it some of the following are not franchise opportunities.
- inventing something
- selling your own product
- vending machine
- app development
- web design
- travel agency
- party planning
And that got the wheels in my head to turning.
So many people like the idea of being an entrepreneur, being their own boss.
People come up with these great ideas on how to generate income aside from a job and that's awesome.
However most don't realize that type of hard work that is involved with getting a business up and running off the ground.
To top it off, for whatever multiple reasons, they don't realize the glaring statistics that are against them.
What am I talking about?
Over 95% of businesses fail within their first 5 years.
Crazy huh? Yet that is reality.
So without me belaboring the point let me share with you my top 10 list.
Top 10 Reasons Not To Buy ANY Low Cost Franchises Under $ 5000
1. Takes too dang long to turn a profit. Most of the time 3-5 years.
2. Your advertising costs (especially if you hire a company to do it) can cost more than the business itself. Face it you got a business to own it, not run it and do the advertising.
3. Too many hours you'd have to work slaving as if you are just at a job that you own. This is the case whether its just YOU that is the only employee at the time or if you have others that you have to manage.
4. Corporate can control what you do in "your" business most of the time.
5. You are generally restricted to a geo graphical location and don't have the ability to go global.
6. Employees to manage.
7. Overhead can be extremely costly: insurance, lease, equipment, training, monthly expenses, etc.
8. Long term contracts that you'd have to pay a hefty fee if you break it.
9. There will be times when you don't pay yourself.
10. Over 95% of businesses fail within their first 5 years.
Even after seeing that you may want to still go for it.
Let me be real with you.
If you think owning any low cost franchises under $ 5000 is the glamor life think again.
I know a gentleman who owns a well known carpet cleaning franchise.
He works a TON of hours, has a high turnover, has to deal with theft and vandelism, goes weeks without paying himself, has to budget in advertising costs, fire people, is stressed constantly and the list goes on and on.
What kind of life is that?
What if there were something better?
What if the very reasons you were wanting to be an entrepreneur you COULD have without going down the path and buying low cost franchises under $ 5000?
Would that be of interest to you?
Do you remember that one word I told you to keep in mind?
That's right … LEVERAGE.
That's what I want to introduce you too.
I want to show you how to have the ULTIMATE leverage where you can actually have a business and a life at the same time.
Here's what you will get, have access to or can do with this very profitable business model:
- You can work from anywhere you want in the world as long as you have internet connection and a computer
- complete time freedom to do what you want
- 100% profit margins which gives you a very high ROI
- a business model that hypnotically pulls in paying customers WITHOUT you having to pick up the phone and call them
- no customer service issues
- no refund policy – you keep all the money
- no employees, high overhead, insurance, etc to pay for
- high converting backend sales funnel that turns 1st time customers into repeat happy paying customers all withOUT you having to pick up the phone
- products that are in high demand
- global business model – this is not MLM or network marketing
- realistic potential to earn 6 figures in less than 6 months
- no merchant issues
- you focus on one thing and one thing only (not 50 million different other things)
- high monthly residual structure
- a proven formula to profiting $ 1,000 per day within your 1st 90 days
- a business model that will work unless you quit
- and lots more
To be honest I could go on and on about what this unique high converting lucrative business model has to offer.
But I just wanted to wet your appetite a little bit.
Now if you are cool with pursuing franchising I'm fine with that. Have fun (just remember about the guy I told you I know personally that owns a carpet cleaning franchise).