One of the major benefits of starting up a franchise business
is that most do not require a franchisee to come with any
previous knowledge of the industry, because the franchisor is
willing and able to teach whatever is needed. But in some cases,
entrepreneurs are interested in starting franchises precisely
because they do know something about business, because they've
spent years working for someone else and are now ready to step
out on their own and turn a profit for themselves. Among all
possible industries to enter, someone with a history of business
success should seriously consider a business consulting
franchise. There are different varieties of these, but the most
prominent categories are coaching, financial consulting,
staffing, and franchise consulting. Each approaches other
companies with a specific service, but all are perfect
opportunities for the businessperson with a long history of
experience and success.
Coaching
Particularly in the world of small business, there are plenty
of new business owners—franchise or otherwise—who are just
starting out, just running into their first big problem, or
perhaps even unsure how to best respond to great success. Like
an athlete trying hard to perfect his sport and establish
himself as someone to be reckoned with, what this budding
businessperson needs is a coach. FocalPoint and ActionCOACH are
two big franchise names in the coaching world that are able to
help smaller businesses with almost any aspect of the company in
which they're struggling. With comparatively low startup costs,
these two franchises will take the wisdom you've already accrued
over your years in business and add to it proven teaching
techniques that will enable you to maximize your clients'
success as they enhance and expand their own companies based
upon your input.
Financial Consulting
Many small businesses primarily have a problem with finances.
They simply don't understand how to practically manage money,
accrue money, or regain money when it seems to be lost. Blue
Coast Financial Group is a great work at home business that is
skilled at helping their clients solve these kinds of monetary
problems. Covering all angles of company finance support, Blue
Coast Financial Group franchisees help fellow businessmen with
everything from equipment leases to workers compensation
analysis and recovery. Particularly if your past expertise has
been in corporate finance, there are too many small businesses
out there that are more than willing to pay you to help them get
back on track.
Unlike Blue Coast Financial Group, however, some finance home
based businesses are even more specific in their brand of work,
like L & W Investigations, who specialize in insurance fraud
investigation. Though this franchisor doesn't require any
previous experience in the field, having a preexistent
familiarity with business and/or personal finance can only add
to the success of your franchise. It can be personally
challenging and morally fulfilling to help insurance companies
and legal firms unearth and stop instances of fraud; it helps
the company recover losses and ensures that premiums stay just a
little bit lower for honest insurance buyers.
Staffing
One of a handful of staffing franchises, Snelling Staffing
Services' sole purpose is providing skilled employees to the
employers who need them. With over 50 years in the industry,
Snelling Staffing Services has the ability to match your
business intuition with knowledge and systems that will help
your business succeed. Though this franchise may be on the
expensive end of things, it's the perfect work from home
opportunity for any business veteran who knows what makes a
great employee, which is a skill that will make a huge
difference in the long run for any client.
Franchise Consulting
Another profitable opportunity is the business of franchise
consulting: helping men and women through the process of finding
and starting their own small business franchises. FranVentures
and FranCorp are two of the industry's leaders in this field,
having spent the last 25 years connecting innumerable people
with franchises matched to their skills, finances, and goals.
This route is perfect for the entrepreneur who knows how to read
people and connect them with the right business, no matter what
it might be. FranCorp even comes complete with a built-in system
to expedite selling your franchise in the event that you decide
to move on to another field or retire altogether.
Anyone who has lived a life of business knows how difficult it
can be, and they can see the warnings, pitfalls, and signs of
potential success in another business far in advance, giving
clients enough time to respond accordingly. This is precisely
why business consulting franchises exist, and why it is so
beneficial when seasoned businessmen and businesswomen are
involved in them. If you have spent your time in business,
purchasing a business consulting franchise will enable you to
profit others and profit yourself just by lending a
knowledgeable, helping hand.
