Entrepreneur Franchise Opportunity – Best Franchise Opportunity Entrepreneurs are always searching for the best franchise opportunity. By default, many end up in the restaurant franchise opportunity business and usually regret their decision. Thinking they were engaging in an entrepreneur franchise opportunity, but it wasn’t the best franchise opportunity decision after all. There is hope for these entrepreneurs.
“Restaurant franchise opportunity businesses are just not a great place to start for any entrepreneur franchise opportunity and the reasons are simple.” Corelli notes that most entrepreneurs are trying to find an entrepreneur franchise opportunity for many reasons, but he states that most entrepreneur franchise opportunities don’t often return what they promise. Princeton Alum and business coach, Corelli, is currently working in NYS and encourages entrepreneurs from across the country to contact him to join him in his venture.
“If you fail, it’s because you didn’t have the right vehicle.” First, find a vehicle with not a lot of overhead or INVENTORY. This should not be something that you need to worry about. Choosing a service, rather than a product, makes this easier. The best entrepreneur franchise opportunity should allow you to build your business, rather than track inventory.
TIMING, TIMING, TIMING… we’ve all heard it, but how often has it been true? The right entrepreneur franchise opportunity coupled with perfect timing will create wealth for those involved. For instance, when telecommunications deregulated – fortunes were created by those with the vision to make it happen. The same is about to occur in the deregulated energy markets. This timing event is what Corelli calls – “a no-brainer” for any business person looking for an entrepreneur business opportunity.
Third, choose a product that is in demand. PRODUCT or service is key. Whatever you deliver to the end consumer must be of value and a lot of it. Choosing an entrepreneur franchise opportunity that offers something that everyone needs and already uses is important. People don’t like to change buying habits, so try something (like electricity) that they need already.
Fourth, what’s the ROI (Return on Investment). Entrepreneur franchise opportunity #1 and entrepreneur franchise opportunity #2 are not always created equal. You want to know how long it will take to earn back your investment. With a company like Ambit Energy, entrepreneurs are usually in profit their first week. That model is powerful. Corelli chose Ambit Energy as his revenue vehicle because is was a service that had to be used, there was nothing to sell, and most importantly it paid residual income – do the work once and get paid over and over again.
In summary, the best entrepreneur franchise opportunity will have little to no inventory. Must have perfect timing within the industry. The best entrepreneur franchise opportunity will have a service or product that is in demand. Finally, entrepreneurs should highly consider residual income franchise opportunities since doing the work once and continually getting paid makes more sense than getting paid only once.