Joel Libava
I’m not sure if you’re aware of this, but Franchise Direct (a long-time strategic partner of mine), prominently features a list of Business Opportunities on their popular website. And it’s constantly being updated.
Oh…wait.
Do you know what a Business Opportunity is?
About Business Opportunities
From a post I wrote:
It’s important to realize that a “Business Opportunity” is a lot different from a franchise opportunity. A business opportunity is more of a “no rules” type business model. (When I was a franchise broker, a business opportunity seller-and actually the CEO of the Business Opportunity company, told us to tell our candidates that his business was a business with ‘no rules and no royalties.’)
What do you think?
In addition to the “no rules” part, there’s not as much paperwork for you to go through and sign.
Of course there are some downsides to owning one.
Like the fact that it’s more challenging to find and talk with owners. Why?
Because unlike a franchise business, the owners all have different names for their businesses.
But when you’re looking at franchise businesses, you’ll have easy access the franchisee contact information. That makes it less challenging to get the facts you need about the franchises you’re interested in learning more about.
Note: there are rules Business Opportunity sellers need to follow. Here
Does owning a business with no rules and no royalties sound like something you can see yourself doing?
Not sure?
Maybe this will help.
An Example of A Business Opportunity
Check this out.
From the Restaurant Heroes website:
Local restaurant owners need help adapting to the use of new technology to stay competitive. Combine your experience and our tools to become a Certified Advisor to restaurants in your EXCLUSIVE market.
Now, this is the first time I’ve heard of Restaurant Heroes….I did an online search for “Business Opportunities” just like you would. So I have no idea if it’s a successful business model.
That said, from what I’ve been able to gather, your role as an owner would be to call on local restaurants and offer them a variety of different technology tools to help them with things like online ordering, accepting credit card payments, online advertising and more.
This Business Opportunity features a licensing program with a low one-time upfront fee as well as a monthly fee.
Finally, you’ll need to be outgoing, and good at sales and networking.
Would you like to a list of other Business Opportunities?
The Franchise Direct List Of Business Opportunities
If you like lots of choices, the Franchise Direct Business Opportunity section has a plethora of businesses for you to examine.
So check them out.
You never know.
There may be one that has your name on it!
