Oregon Entrepreneurs

Franchising Considerations ...

The purpose of this paper is not to be judgmental and try to convince you not to pursue your dreams and goals, but rather to inform you of the options available to you as a potential independent contractors.

In your evaluation process to decide if you want to buy a franchise near Portland, Oregon, I urge you to consider the reality of owning a franchise.

First talk about money ...

I do not want to take my word, after all that you do not know me or trust me if I can I would suggest you Google 500 franchises in 2010 and seeking to draw up Entrepreneur magazine article. This is a great article in your research on buying a franchise near Portland, Oregon or anywhere in that what counts. Check it out it is full of useful information in your process. http://www.entrepreneur.com/franchises/franchise500/index.html

Franchises get a lot of interest from potential entrepreneurs because they like the idea of a success or operation already in place. This allows them to release much of the way of thought processes and to jump in and start. However, it is not as nice of a business module that they can do to be. Let it, after all it's your money, time, and sacrifice that you must fix in hope to improve your lifestyle.

Back to reality. I will not talk about a specific franchise, but here are the facts give or take a little depending on the type of franchise you do get caught.

You will invest anywhere between $ 100,000 - $ 2,500,000. Your net will be between 50,000 and $ 500,000 in cash and your cash needs will run $ 50,000 to $ 300,000

On average it takes five years until you see a profit ...

As an owner you can expect to try to support your family on an average salary of $ 40,000

At least for the first two years, you're looking at 16 hours per day 5-7 days a week.

That's about $ 9.00 an hour. Do the math .. If you have to commit 16 hours a day only five days a week and is equal to 4.33 times 80 hours per week equals 346 hours is equal to 4156 times 12 hours to divide the year 4156 hours. $ 40,000 to less than $ 10.00 an hour.

Now I know what you may think your building a future right? Do you know how many franchise owners closed up shop or are so far from the debt they are on the verge of declaring bankruptcy. This is reality. These business owners are getting hammered by the economy. Even in a good economy, at best, you are looking for a profit of 15%.

Then, you must put up with most teenage employees, theft, filling for those who do not show up, you have to treat all stocks of course, pay the rent price, insurance, taxes, etc. etc.

It is easy to get all excited about buying a franchise near Portland, Oregon. I know people are getting laid off right and left and many in this age of almost being unable to work while they are looking for a way to continue supporting their families. Times are tough, no doubt, but I invite you to watch a different business unit, if you want and no it is not a MLM scheme we call the New Internet Business Model.

In conclusion, if you are considering buying a franchise stumble near Portland, Oregon, you owe it to yourself to review your options http://FranchiseConsiderations.Com

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