Many people long for a simple business that can make great money. They do exist! You just need someone to show you the way.
Today I met Tom and Tricia. They came from an unhappy experience owning a food franchise. They gained valuable insights to apply to their next venture.
For the next business, these are the requirements:
– No high retail costs
– No teenage labor pool
– No complex business model
As an example of the kind of business they desire, they described their neighbor, Jack. He owns one of the great SERVICE franchises I work with. Tricia explained that
“HE LITERALLY RUNS IT FROM HIS COUCH!”
Jack’s business is
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Home-based
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Need-based $29 Billion industry
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Simple business model
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Repeat customers
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Owner/operator or Manage-the-Manager
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Financial requirements:
$150K Liquid Capital (non-financed)
$ 500K Net Worth
If you want to learn more, connect with me on LinkedIn!