I’ve rated franchising four stars plus, because when you work with franchising, you may see sudden spikes in earnings beyond what you can imagine. This often happens as a new franchise owner starts a bidding frenzy to attract qualified prospects. So if you are playing with franchises, anything is possible (I mean it in a positive way).
Buying a franchise is one of the most popular ways of starting a business (and a relatively safe one). Franchising business opportunities vary in price tremendously. Some low cost franchises take only a few grand to get off the ground. Others cost 100K plus. A lot of people chose to hire franchise consultants, because the choice is really huge and sometimes difficult to make.
Ok, so where is the money in franchising? One way to go is to target specific franchises, like Domino’s Pizza franchise or Subway franchise. You can also pick a category – pizza franchise, retail franchise, real estate franchise.
Another profitable segment is franchise lawyers. Many company owners want to start a franchise, so they hire franchise lawyers and franchise consultants to create legal documents, rules, regulations and contracts.
And finally, there are franchise advisory companies who have contracts with dozens of franchises and get commission on every sale they make. These always look for folks searching for franchise information.
I think this about covers franchising. Of course, there are more secrets, but you’ll figure them out on your own, once you start playing with the niche.
P.S. If you have a blog or a website and enjoy information I provide at NicheGeek.Com, a link would be very much appreciated.
In order not to violate Google TOS, I rate niches with my own star system. ** – $0.20-$0.30 per click average, *** – $0.30-$0.50 per click average, **** – $0.50-$0.70 per click average, ***** – $0.70-$1.20 per click average. While I don’t mind sharing information on ***** niches, I don’t make this information publicly available because it would quickly kill these niches or get Google pissed off at me.
All AdSense niches were tested by me personally and your results shouldn’t be very different, unless your account was smart-priced, too much time passed since my testing, MFA got a hold of the niche or your site or traffic source sucks big time.
Source: NicheGeek.com
[...] Franchise, Buy Franchise, Top Franchises – **** Plus Niche Posted on Thursday, April 30th, 2009 in Make Money Online – Comments: (0) I’ve rated franchising four stars plus, because when you work with franchising, you may see sudden spikes in earnings beyond what you can imagine. This often happens as a new franchise owner starts a bidding frenzy to attract qualified prospects. So if you are playing with franchises, anything is possible (I mean it in a positive way).Buying a franchise is one of the most popular ways of starting a business (and a relatively safe one). If you enjoy the content on this site, please make sure to subscribe to the RSS feed. [...]
the franchising business is actually good specially if the product for franchise is well known.:’-