Build it or Buy it?

Published: Thu, 01/22/15

I was reading a survey today that was conducted by Franchise Direct - one of the biggest Franchise directory sites in the world. 


Might seem like a boring thing to do but I had my reasons… 


The survey asked would be franchise buyers what they were looking for most in starting a business. 


I wrote a blog on 11 of the survey answers I found most revealing which you can read here. 


In the blog post  I say why I think SFM is a far better option than a franchise because it has all of the advantages and none of the drawbacks. 


A lot of the people who have joined SFM through me have either owned and been disappointed by or were looking at buying a franchise. 


My first attempt at making money online was a franchise so I understand the attraction. 


It's easier than starting a business from scratch for starters, the success rate is higher and if you need to borrow money to start it the banks are more willing to take a risk on you. 


They can be pretty restrictive though and as Stuart Ross found when he ran a franchise as his first business, it can be very like buying yourself another job. 


The beauty of the SFM approach is that you can apply it in lots of different ways. That's important for me - I get bored easily and need to be able vary what I'm doing every day. 


Anyway - If you read the blog I hope you find it useful 



Cheers 

 

Dave 

Dave Menzies 
Building Yourtopia in the digital economy




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Dave Menzies
Sincerely,
Dave Menzies
info@davemenzies.com
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In the spirit of full disclosure, Dave Menzies may be an affiliate for products that he recommends. Please know that Dave only recommends products & systems that he uses and loves himself. Also any income that Dave discusses has been as a result of his hard work and effort and therefore he cannot guarantee your results.