For a first-timer is it better to own a franchise or start a small business in Australia?
- Given that if you start a small business, one would be better – off having an idea – because of all the cut-throat competition out there?
- How would one decide what is better (small business or Franchise)?
- How does one decide when they know they want to have a business but no idea what kind of business to be involved in?
- And how do they decide what area of business (for example: food, sales, marketing, etc) is best for them?
Tagged with: Australia • Better • Business • firsttimer • Franchise • Small • start
Filed under: How to Start a Small Business
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either way is fine. as long as you have the determination and perseverance, you should achieve whatever you want. since you’ll be dealing with customers, you might want to get a head start on small business customer relationship management. remember, your customers are the source of life of your business so you need to take care of them. here’s a good source: http://www.crm-software-guide.com/small-business-customer-relationship-management.htm
Why not start a “people franchise”? It eliminates your overheads and many other hurdles…plus you have the ability to get cash flow positive alot sooner.