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Monday, October 18, 2010

Be Your Own Boss By Buying And Running A Franchise

Running your own business is high on everybody's wish-list. The freedom to work when you want, not being answerable to anybody except yourself, being able to make money based purely on your skills and hard work, these are advantages you don't get by being an employee of somebody else's business.

But figuring out what business to start, and how to run it, can be daunting. This is where franchises enter the picture. A franchise allows you to duplicate a proven business model for selling a product or providing a service. You don't have to come up with your own product or service, and you don't have to figure out the details of how to place the product or service in the marketplace, what to charge for it, etc. You get readymade business plans and strategies, with the best ideas distilled down to action plans that you can implement without having to reinvent the wheel yourself. In short, you are in business for yourself, but not by yourself.

So, how do you find the best franchise opportunities to get involved in? Not every franchise opportunity is created equal. Not all of them fit your requirements in terms of startup capital, type of business, your values and goals. Franchise Advantage takes the guesswork out of this by giving you all the information you need about franchise opportunities in one place on the web.

Franchise Advantages lists franchises by category, by investment level or by company name. You can explore the opportunities for opening a franchise from scratch, or you can find a franchise for sale. Franchises are listed for sale by their current owners on Franchise Advantage, and you can find such franchises and hook up directly with the owners to arrange for a mutually beneficial transaction.

The Franchise Information Center at the Franchise Advantage website is a great resource for anybody looking to own their own franchise. There are articles about the history of franchising, the advantages of owning a franchise, how to secure financing, and various other relevant and interesting topics.

Going from being an employee to being an employer can sound intimidating. Franchising can be a good intermediate step on the way to becoming a fully independent business owner. Franchising can provide you with most of the advantages of owning your own business without many of the headaches associated with it. Running a successful franchise can provide you with the experience and maturity necessary to take the next step in your entrepreneurial growth. The journey of a thousand miles begins with a single step, after all!

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