This portion of our web guide covers business opportunities, such as packaged business investments, franchises, home-based business schemes, and other entrepreneur ideas.
While franchises are business opportunities, not all business opportunities are franchises. In most cases, the seller of a business opportunity does not maintain control over the buyer's business operation after the sale. Usually, there's no continuing relationship between the seller and the buyer after the sale is completed.
Franchises offer support to franchisees, but this generally comes with detailed specifications that the franchisee must follow. With non-franchise business opportunities, the buyer will purchase a set of equipment or materials, after which he is free to operate the business however he pleases, and under whatever name he desires.
Several states have passed laws defining business opportunities, and regulating their sales. Although these will likely differ from state to state, a business opportunity commonly involves the sale or lease of any product, service, or equipment that will permit the purchaser to begin a business. The licenser or seller of a business opportunity may be required to secure or assist the buyer in finding a suitable location or provide the product to the purchaser or license, and, in some states, the licenser or seller must guarantee an income equal to or greater than the price the licensee or buyer pays for the product when its resold, and that there is a market for the product or service. The seller may also be required to buy back any product that can't be sold to prospective customers.
Types of business opportunities may include distributorships, rack jobbing, and vending machine routes.
A distributor enters into an agreement to sell the product of another without using the manufacturer's trade name as part of the distributor's trade name. A distributor may be limited to selling only the company's goods, or he may have allowed to market several product lines.
Rack jobbing involves selling another company's products through a distribution system of racks in stores that are serviced by the rack jobber. Typically, the buyer enters into an agreement with the parent company to market its goods to various stores through strategically-placed store racks.
Vending machine routes are similar to rack jobbing, but the product is sold through vending machines. The investment is higher because the buyer has to purchase the machines as well as the merchandise sold in them. Typically, the vending machine operator will pay the location owner a percentage of sales.
Franchising is a business opportunity in which the owner (franchiser) of a business system grants to an individual or group of individuals (franchisee) the right to run a business selling a product or offering a service using the franchisor's business system. In this type of system, the franchisee is given the right to use the franchisor's branding and trademarks under specified guidelines. Franchisees are bound to a partnership agreement with the franchisor for a defined period of time. For example, while McDonald's Corporation owns some of its McDonald's restaurant locations, the company has greatly extended its reach by granting franchises throughout the world.
A work-at-home scheme is one in which an individual is recruited, or responds to an advertisement to take on a task, usually as a contractor, that can be performed at home or somewhere outside of a workplace, such as assembly projects, content provision, research, tutoring, pet-sitting, tee-shirt design, or mystery shopping. Often, projected profits from these schemes are exaggerated, and in some cases, they may be outright scams, but some of these advertised work-at-home programs are legitimate, and may even be lucrative.
Other work-at-home opportunities can be undertaken as individual contractors, one-person businesses, or as family operations. Examples include many of those discussed in the previous paragraph, as well as property-watch services, online classes, tutoring, homemade product sales, web design, graphic design, search engine optimization, blogging, photography, freelance writing, and several others, some of which may require licensing or be subject to other regulations.
Sole proprietorships are enterprises owned and operated by a single person, in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work alone and may employ other people. Sole proprietorships and sole traders receive all of the profits (subject to taxation) and have full responsibility for any losses and debts. Sole proprietorships may use a trade name other than the legal name of the owner, although they may have to trademark business names that differ from their own legal name. Sole proprietors may be required to register their business with local or state authorities.
Categories
FranchisingWork-at-Home |
Recommended Resources
Based in Australia, AnyBusiness is a dedicated business broking site, operated by specialists from the business broking field. Specializing in businesses available for sale, those looking for business opportunities can access the business listings on the site, sorted by location, category, and franchises, viewing photographs, details about each listed business, and asking prices. Its offerings to brokers are defined here, along with opportunities for business owners to list their own businesses.
https://www.anybusiness.com.au/
Bed and Breakfasts, boutique inns, hotels, guest houses, ranches, lodges, resorts, and other guest rental properties available for sale are the focus of this site. A property overview and description are offered for each, along with photographs, a business summary, the reason for selling, terms, asking prices, and a map showing the location of the property. A mortgage calculator, search feature, and other resources are included. Seller plans and prices are included.
https://www.bedandbreakfastforsale.com/
Connecting buyers and sellers, the business-for-sale website features businesses and franchises available for sale. Listed resources are sorted into businesses for sale, franchises for sale, and brokers, and interested buyers may search by minimum and maximum price range, business category, and state. Business overviews, market competition and expansion information, prices, terms, and additional details are provided. Broker memberships and costs are also featured, along with a blog.
https://www.businessbroker.net/
Serving as a source of information about business opportunities, small franchises, distributorships, licensee opportunities, and business startup ideas for entrepreneurs, the company behind it offers content management, lead generation, and brand awareness services. Its services are described, and client testimonials are included. Specific business opportunities are listed on the site, with summaries, financial requirements, and other details. Advertising opportunities are included.
https://businessopportunity.com/
Intended as a one-stop shop and online directory for individuals and companies interested in advertising or finding business opportunities, both local and international. Its main sections are global private or white-label business opportunities, local and international franchise opportunities, and businesses for sale or wanted in the United Kingdom. Interested people may also subscribe to its mailing list for updated business opportunities. A blog is available, as well.
https://www.completebizopportunity.com/
Feedough: The Entreneur's Guide
A resource for business startups and entrepreneurship, the staff behind Feedough researches, curates, and provides startup feeds, guidance, and informational articles on topics such as marketing, sales, development, management, branding, business strategies, startup guides, marketing and sales guides, human resources, startup naming, startup funding, and cryptocurrency. Startup courses, and free startup ideas are also available. Articles may be found by category or search.
https://www.feedough.com/
Franchise Resource at The UPS Store
The UPS Store offers franchise opportunities. Backed by decades of franchise experience, the UPs Store is the largest franchisor of retail shipping, postal, printing, and business service centers. Its brand strength, business services, values, and information about what a franchisee can expect in the way of support, are included, such as training, advertising, and marketing. Franchise opportunities and available markets are outlined, and contacts are provided.
https://www.theupsstorefranchise.com/
Legacy Mergers: Businesses for Sale
Legacy Mergers & Acquisitions is a transaction advisory company specializing in business consulting. The firm provides clients (both buyers and sellers) with third-party certified ASA valuations, business acquisition services, business sales, exit strategies, and negotiation and mediation services related to the purchase or sale of a business. Active business listings may be found on the site, and an informational blog is included. M&A advisors may be contacted.
https://www.legacymergers.com/pages/listings
Maintained by Profitable Venture Magazine, a business research company, the site is intended to provide answers to various questions or problems relating to businesses and franchises. Included are business feasibility reports, business startup guides, sample business plan templates, skill development courses, investment opportunity analyses, investment advice and plans, franchise buying tips, information about establishing a franchise company, and other suggestions.
https://www.profitableventure.com/
Sports betting websites are among some of the most profitable online businesses. Our company offers premium sportsbook software and adjacent solutions such as hosting, risk management, branding and UI design, data feeds as well as integration services for casino games, poker and betting shops. Our sportsbook software is the most affordable solution on the market today and helps operators lower their cost of operation while maximizing profits.
https://www.sportsbooksoftware.com
Successful entrepreneurs are interviewed, and their business stories are shared here, along with advice and tips on starting a business. Instructions for submitting a business story to the site are provided, along with a submission form, and advertising opportunities are also available. Besides case studies, business ideas, ways to grow a business, business tool suggestions, and information about search engine optimization, are included, along with a membership signup.
https://www.starterstory.com/
