March 23, 2007, Newsletter Issue #57: Budgeting for a Franchise Opportunity

Tip of the Week

Choosing a franchise opportunity is an important business decision as you will most likely be investing a large amount of money. Make sure the amount you are investing fits into your budget and that you have allowed for a ramp-up period before earning your projected income. Don't be fast-talked into spending more than you can afford. Some salespeople will put pressure on you to sign up "now" for the opportunity of a lifetime.

You should determine the range of investment you are comfortable with and investigate franchise opportunities within that range. Don't be sold on signing up for a franchise opportunity that costs more than your have budgeted. Good businesses take time to grow.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Franchise Tip Site? Request a Tip Now!


Guru Spotlight
Susan Sayour