Business Opportunity vs Franchise
Updated: May 12, 2021
Global Financial Training Program Explains the Pros and Cons of Owning a Business Opportunity vs a Franchise
Posted on September 6, 2016 by copen
We get hundreds of calls at Global Financial Training Program asking what the difference is between choosing a franchise or a business opportunity when considering owning your own business.
The differences are very important and could affect the quality of your life going forward.
Phil Dushey Explains the Difference
First and foremost, you are investing in a business with a business opportunity. Typically, that investment will be significantly lower than that of a franchise. More important investing in a franchise is very much like "buying a job" with very strict hours, a place of business where you must report daily and rules and regulations that you must adhere to.
“If you are looking to get back into a job” says Phil Dushey, CEO of Global Financial Training Program, “then perhaps a franchise is what would suit you." He continues to remark “but if you are an entrepreneur and want to build a business because you believe you are good at what you do, then there is nothing like a business opportunity”.
There are no fixed hours. You set them. You can choose to work in an office or from home. Some people even work while on vacation using their cell phones to answer calls and make business deals.
With a franchise you have royalties and fixed fees to pay the franchisee. With an opportunity like the Global Financial Training Program, there are NO ongoing fees or royalties.
You can Own Your Own Finance Company with the Global Financial Training Program
Most important, who do you want to be the boss? In a franchise, face it, you are not really calling the shots. In a business opportunity you are the boss.
The benefits of a program like the Global Financial Training Program far exceed the benefits of an average franchise. “Don’t get me wrong”, Mr. Dushey states. "There are some excellent franchises out there. The better ones have made many people wealthy. But the cost is night and day compared to a business opportunity like commercial finance."
Some helpful Resources:
Learn more about the Global Financial Training Program