Buy a Business Opportunity or a Franchise – Here is a look at who is currently buying new businesses, the hottest sectors for profit and growth and how to enter those thriving areas.
Who Is Buying a Business Opportunity or Franchise You Ask?
According to SCORE, the Senior Corps of Retired Executives, people buying businesses cover every age group, gender and ethnicity. Most who are looking are currently working a full-time job, and almost half of them have owned a business in the past.
The “chance to own my own business” is the reason for over 60%. Most say they are seeking to earn more money, and about one-third are using the new business as a way to earn extra money.
What’s holding them back is raising the money to buy the business. About half pay cash for their business, while others seek bank loans or use seller financing.
Buy Business Opportunity Franchise – What Sectors Are Hot?
Five general areas that are getting lots of buzz are:
• Health and wellness, especially corporate wellness
• Business services of all types, including marketing, consulting, accounting, legal and office services
• Education, like tutoring
• Going green, especially construction
• Security, from fraud detection to video cameras
Buy Business Opportunity Franchise – How Can You Enter These Fields?
Buying a small business opportunity will let you get a toehold in these booming markets. Experts say there are big advantages to investing your time and money in a modest business. For example:
– You find out if you like it.
– You aren’t taking financial risks.
– You are not dogged by worries of scale so you can focus on learning the field and maximize your small business.
– You learn the basics from the inside so you have a solid foundation in the sector. It’s different doing it than just reading about it.
Here are a few examples of opportunities that can return major benefits:
Buy Business Opportunity Franchise – Health and Wellness
Discount Drug Network Affiliate Opportunity allows you to earn money every time a cardholder in your network uses their card to pick up a prescription. Built-in residual income, you make money every time the card is used!
Commerical Capital Group Financial Opportunity allows you to own your own successful commercial finance firm. You’ll be able to be in the lucrative business of providing loans to businesses.
Charter Financial Note Brokering Opportunity works in purchasing owner financed real estate notes. Small but very lucrative market – you could be the key to helping other people – and yourself – cash out.
My Business Venture is an e-commerce enabled custom package that lets you build a website with easy-to-use and state of the art technology. They will help to create your logo, website and internet marketing – along with offering products for you to sell on your new website.
Federal Direct Tax Services helps you start an in-demand tax preparation business. Help individuals and small companies pay the right amount of taxes and meet tax deadlines.
Hygienitech Systems provides cleaning and sanitizing services that are chemical-free, dry and safe, perfect for mattresses and upholstery. There are huge markets – all residences and hotels are prospective clients.
Check out all of our current listings.