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Colleges That Offer Business
Danny Austin
The types of
businesses that work well under a business opportunity structure tend to have
two common characteristics. First of all, they're concepts that don't require a
common brand in order to convey quality or value to potential customers. Second,
they're concepts that are easy enough to learn that someone without experience
in the concept's operation can be taught whatever they'll need to know to be
successful in a relatively short period of time (say, two weeks of training or
less).
Most
business opportunities that are successful in selling a significant number of
business plans also feature a fairly low total investment (including working
capital and a grand opening advertising budget) to get started in the business.
They're almost always less than $150,000 in total investment, and many are under
$50,000.
The types of
businesses that don't tend to work well under a business opportunity structure
are usually ones with more complicated operations and/or ones that require
special licenses to conduct business, especially if the licenses take months or
years to acquire. It's also much harder to sell a business opportunity if the
total investment to start the business is greater than $200,000 or so.
Deciding to
expand your business by preparing and offering a business opportunity can be
very rewarding financially. And if you're the kind of person who gets
satisfaction from helping others achieve success, you'll probably find that many
non-financial rewards come to you after you start offering a business
opportunity based on your already successful venture.
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