Matt Clark Unplugged

Home Based Business Comparison

// November 18th, 2008 // Home Business Systems

Thinking about Starting your Own Business? What are your Options?

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 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. Here is a comparison to our home based business opportunity.

Option One: 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, limiting 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 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- 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 Two: Brick and Mortar Business

In almost every case, if you buy 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 traditional 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 in 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 Closet and Shower Door Manufacture

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.

There is another option

Learn to take advantage of what countless others are doing to achieve financial success by starting a home based business.

You will learn how to:

• Take control of your financial future
• Change your life and your lifestyle starting this week!
• Stand on the shoulders of giants to see further than you ever have before.
• Have everyone wondering how you “did it”!

Plus

• NO personal explaining
• NO hassling your friends and family
• NO hiring staff

Finally a Home Based Business that offers the potential for true Entrepreneurs to achieve success

We’ll supply the system, your training, help establish your goals with a road map to your achievement. You supply the desire, motivation and willingness to learn, be taught, and have follow through, and you will find the success you are searching for.

Are you satisfied with your results, right now? Are you getting everything you want in life, right now?
Chances are, if you’re reading this, you sense there is a change needed for you and for your life. Are you ready to learn a new way to earn and follow a system that works?

Do you believe you are led to the next step in your life? Are you willing to follow this one?
If you want to enjoy a lifestyle with an abundant income and the time to actually enjoy it, we will show you EXACTLY what people in this company are doing to achieve that from your own home based business in less than 25 hours per week!

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