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Home-Based Business vs Franchise OpportunitiesBy Deborah Smith There are several options for those who have decided to become their own boss. Home-based business, in the form of network marketing opportunities, and the traditional franchise venture are among the most commonly approached. Franchise operations are among the most successful entrepreneurial ventures, boasting a 95% success rate. The reason for this is quite simple: When operating a franchise, one is given, by the corporation selling the franchise, a proven business plan to follow, and a set of standard operating procedures to adhere to. The corporation requires the franchisee to maintain a high level of accountability. If certain standards are not met, the corporation can revoke the franchise license, and take back control of the business. It is the business plan and accountability that provide for this high success rate. However, franchises require a hefty investment to begin, and almost always require a serious time commitment of 50-70 hours per week. For those looking to earn an additional income, or reclaim their time, a franchise simply is not an option. Both the investment and time requirements defeat the purpose. Home-based business opportunities, especially those in network marketing, typically require a significantly smaller financial investment, and allow for time flexibility. And, as the term, home-based, denotes, the business is run from the home, rather than a secondary location. Home-based business opportunities also remove the need for and cost of business space, employees and their benefits, equipment, and inventory. Finally, a home-based business provides the owner with excellent tax advantages, whereas the franchise requires the owner to pay more in taxes. Statistically though, the success rate for most home-based business operations is in the neighborhood of 5%. That is the exact opposite of that of the franchise. So why, if a home-based business is the better solution for time and financial freedom, is the failure rate so high, compared to the franchise scenario? Because, most home-based business opportunities, in network marketing, lack the two success factors that the franchise possesses. A proven business plan Accountability Couple that with the fact that not everyone is a natural at prospecting and selling, and the home-based business failure rate makes perfect sense. There is a network marketing company that has recognized these failure factors, and have begun to address them head on. Imagine having the best of both business models... A home-based business, that requires a realistic and affordable financial investment, one that is flexible with regard to time commitment, and has a solid business plan, born out of 25 years experience in the network marketing industry, and to top it off, a high demand product. The home-based business opportunity is none other than... Platinum Travel Club, or PTC. Platinum Travel Club offers the opportunity to earn a substantial income, selling deeply discounted travel packages, while being able to personally take advantage of those vacation packages as well. But, dont let the concept of selling turn you off. because PTC does all of the telling, selling and closing, so you dont have to. Platinum Travel Club employs a staff of professionals who love doing the prospecting and closing, and who are exceptionally good at it too. This means that those who take advantage of the Platinum Travel Club business opportunity can enjoy a truly hands-free home-based business, which can generate an extraordinary income. Platinum Travel Club offers premium travel packages to over 3500 destinations, world-wide, with more than 200,000 suite weeks available to choose from. Since everyone wants to take vacations, and no one wants to pay top dollar for them, Platinum Travel Club is the ticket. Platinum Travel Club has the best recipie for success: A high demand product A solid business plan An automated marketing system A professional staff of Team Leaders The leading compensation plan in the industry If starting a franchise is out of your reach, or you simply dont want to deal with all of the stress involved in operating one, then a home-based business is the alternative. A home-based business with Platinum Travel Club is an opportunity to reach your financial goals with minimal effort. Just let their Team Leaders do the hard stuff for you. With PTC there is no telling, selling, or closing, just a pay day. About the Author: Deborah Smith
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