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	<title>Cheap Used Cars &#187; thousands of dollars</title>
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	<description>Info  and News on Used Cars, Automotive Industry, Price Guide and Loans</description>
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		<title>Looking For Cheap Used Cars? Auctions Are the Answer</title>
		<link>http://colorfulmoney.com/looking-for-cheap-used-cars-auctions-are-the-answer/</link>
		<comments>http://colorfulmoney.com/looking-for-cheap-used-cars-auctions-are-the-answer/#comments</comments>
		<pubDate>Fri, 24 Dec 2010 09:10:49 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Cheap Used Cars]]></category>
		<category><![CDATA[auction]]></category>
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		<category><![CDATA[auto auction]]></category>
		<category><![CDATA[automobiles]]></category>
		<category><![CDATA[buying and selling cars]]></category>
		<category><![CDATA[Car]]></category>
		<category><![CDATA[cheap used cars]]></category>
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		<category><![CDATA[mileage]]></category>
		<category><![CDATA[percent]]></category>
		<category><![CDATA[prototype]]></category>
		<category><![CDATA[public auto auctions]]></category>
		<category><![CDATA[repossessions]]></category>
		<category><![CDATA[retail value]]></category>
		<category><![CDATA[state]]></category>
		<category><![CDATA[surplus vehicles]]></category>
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		<category><![CDATA[thousands of dollars]]></category>
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		<guid isPermaLink="false">http://colorfulmoney.com/looking-for-cheap-used-cars-auctions-are-the-answer/</guid>
		<description><![CDATA[Today it is hard to find a reliable used car that won't cost you an arm and a leg. However there is a way to afford cheap used cars, and that is by purchasing them through an auto auction.]]></description>
			<content:encoded><![CDATA[<p>Today it is hard to find a reliable used car that won&#8217;t cost you an arm and a leg. However there is a way to afford cheap used cars, and that is by purchasing them through an auto auction. Many dealers get their inventory this way and that is how they can make a profit on their vehicles.</p>
<p>You do not have to be a dealer to attend auto auctions and every state will have them in different cities. These cars, trucks and SUV&#8217;s come from repossessions and some are even government pre-owned or surplus vehicles. Many of the vehicles will have low mileage and be only two or three years old.</p>
<p>The money that you can save is definitely worth the trip to the auction. These vehicles can be bought for up to 95 percent off of their retail value which will ultimately save you thousands of dollars. There is always a huge selection of all makes and models, so you won&#8217;t have to settle for something you don&#8217;t really want.</p>
<p>Many people just like you will buy these cars and resell them. If you know something about mechanic work, you can buy vehicles for next to nothing, fix them up a little and then sell them for a profit. This is a great way to make some extra income if you have some knowledge about automobiles.</p>
<p>However you want to go with it, either buying and selling cars for profit or just saving some money yourself on a good used vehicle, auto auctions will allow you to buy cheap used cars and have money left in your pocket.</p>
<p>For more information on public auto auctions and how you can save thousands on a used car <a rel="nofollow" target="_new" href="http://www.squidoo.com/policeauctionscar">Click Here</a>!</p>
<p>Author: <a rel="nofollow" href="http://EzineArticles.com/?expert=Rick_Reynolds">Rick Reynolds</a><br />Article Source: <a rel="nofollow" href="http://ezinearticles.com/?Looking-For-Cheap-Used-Cars?-Auctions-Are-the-Answer&amp;id=3427189">EzineArticles.com</a><br /><a rel="nofollow" href="http://www.myropcb.com/">Lowest price PCB Prototype</a></p>
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		<item>
		<title>Cheap Used Cars For Sale</title>
		<link>http://colorfulmoney.com/cheap-used-cars-for-sale/</link>
		<comments>http://colorfulmoney.com/cheap-used-cars-for-sale/#comments</comments>
		<pubDate>Fri, 17 Dec 2010 07:21:52 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Cheap Used Cars]]></category>
		<category><![CDATA[Accident]]></category>
		<category><![CDATA[best mistake]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[buying cars]]></category>
		<category><![CDATA[Car]]></category>
		<category><![CDATA[car dealerships]]></category>
		<category><![CDATA[cars for sale]]></category>
		<category><![CDATA[cheap used cars for sale]]></category>
		<category><![CDATA[daunting task]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[ebay motors]]></category>
		<category><![CDATA[good luck]]></category>
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		<category><![CDATA[location]]></category>
		<category><![CDATA[making money selling on ebay]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[purchase]]></category>
		<category><![CDATA[selling on ebay]]></category>
		<category><![CDATA[seth]]></category>
		<category><![CDATA[start]]></category>
		<category><![CDATA[thousands of dollars]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[trinkets]]></category>
		<category><![CDATA[vehicle]]></category>
		<category><![CDATA[vultures]]></category>
		<category><![CDATA[way]]></category>

		<guid isPermaLink="false">http://colorfulmoney.com/cheap-used-cars-for-sale/</guid>
		<description><![CDATA[Buying a vehicle on eBay may seem a little scary, but there are many ways to protect yourself through the whole transaction. This is my real life story of how I have bought cars on eBay for years and saved tens of thousands of dollars in the process.  Follow my story to learn what to do and what not to do in buying a vehicle on eBay. You can save yourself thousands, too.]]></description>
			<content:encoded><![CDATA[<p>Have you ever considered there might be a better way to buy your next car then dealing with the vultures at car dealerships? The internet has revolutionized the way we live life, do business, and also the way we make purchases. Would you be interested in how to find cheap used cars for sale online and save thousands on your next vehicle purchase?</p>
<p>Up to this point you may have considered eBay only a hobby site where you can purchase trinkets for your collections. Sure you have heard of people making money selling on eBay, but have you ever considered the possibility of saving thousands of dollars by purchasing your next vehicle through eBay.</p>
<p>This might seem like a daunting task especially since you might not be able to see the vehicle beforehand but believe me, there are plenty of ways to protect yourself.&nbsp; I have purchased 6 of my last 9 vehicles on eBay and have learned many do&#8217;s and dont&#8217;s of buying on eBay. The amazing thing is my first vehicle purchase on eBay was actually an accident. Most likely the best mistake I ever made.&nbsp;</p>
<p>I learned the possibility of buying cars for way less than at a dealership. There are many factors that you need to consider including the location of the vehicle, the price compared to local vehicles as well as the reputation of the seller on eBay.&nbsp; I would not recommend buying a car on eBay if you are unfamiliar with the process. Start by purchasing smaller items of interest to learn the process and feel comfortable with the types of transactions. Then venture into eBay motors and check out the selection. There is generally between 35,000-50,000 vehicles for sale in eBay Motors at any given point in time. Good Luck!</p>
<p>Don&#8217;t fret about buying a vehicle on eBay. There are many resources online with valuable tips to find <a rel="nofollow" target="_new" href="http://cheap-used-cars-for-sale.org/">cheap used cars for sale</a> including ways to keep safe, have fun, and save thousands!</p>
<p>Author: <a rel="nofollow" href="http://EzineArticles.com/?expert=Seth_Anderson">Seth Anderson</a><br />Article Source: <a rel="nofollow" href="http://ezinearticles.com/?Cheap-Used-Cars-For-Sale&amp;id=1859836">EzineArticles.com</a><br />Provided by: <a rel="nofollow" href="http://wealthynetizen.com/wordpress-plugin-guest-blogger/">Guest blogger</a></p>
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		<item>
		<title>Can You Buy a Franchise Without Spending Thousands of Dollars? $2,000 Franchise</title>
		<link>http://colorfulmoney.com/can-you-buy-a-franchise-without-spending-thousands-of-dollars-2000-franchise/</link>
		<comments>http://colorfulmoney.com/can-you-buy-a-franchise-without-spending-thousands-of-dollars-2000-franchise/#comments</comments>
		<pubDate>Fri, 02 Jul 2010 23:12:43 +0000</pubDate>
		<dc:creator>Michael Sanofsky</dc:creator>
				<category><![CDATA[Cheap Used Cars]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Business opportunity]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[coach]]></category>
		<category><![CDATA[earning]]></category>
		<category><![CDATA[earning potential]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[everything]]></category>
		<category><![CDATA[fastest growing industries]]></category>
		<category><![CDATA[Franchise]]></category>
		<category><![CDATA[franchises]]></category>
		<category><![CDATA[how to make money]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[last ten years]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[mentor]]></category>
		<category><![CDATA[Michael SanofskyArticle]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[quality product]]></category>
		<category><![CDATA[signs]]></category>
		<category><![CDATA[thousands of dollars]]></category>

		<guid isPermaLink="false">http://colorfulmoney.com/can-you-buy-a-franchise-without-spending-thousands-of-dollars-2000-franchise/</guid>
		<description><![CDATA[So you want to buy a franchise but you don't have thousands of dollars to invest and you don't want to take out a loan. Franchises are great because you'll have a well known quality product to sell and a program or system to follow. The problem is that these businesses aren't cheap; is it possible to find a franchise that won't cost that much but still give you high earning potential?]]></description>
			<content:encoded><![CDATA[<p>So you want to buy a franchise but you don&#8217;t have thousands of dollars to invest and you don&#8217;t want to take out a loan. Franchises are great because you&#8217;ll have a well known quality product to sell and a program or system to follow. The problem is that these businesses aren&#8217;t cheap; is it possible to find a franchise that won&#8217;t cost that much but still give you high earning potential?</p>
<p>With the economy in the state that it&#8217;s in right now and not showing any signs of improving in the immediate future people just don&#8217;t have the type of money that is needed to start a franchise; and if they do have the money they don&#8217;t want to risk losing it.</p>
<p>The reason that I&#8217;m writing this article is to inform people that they can buy into a successful franchise that has high earning potential for under $2,000. Where you might ask? The internet is full of business that people can buy into and manage from their homes.</p>
<p>The internet is the fastest growing industries in the world. If you think about the internet&#8217;s growth just over the last ten years it&#8217;s amazing to think about, imagine what it will be like in next ten years. Working online is great because it&#8217;s easy to do, very inexpensive, and it provides endless earning potential.</p>
<p>If you don&#8217;t want to spend thousands of dollars in a franchise then I would look to the internet. If you&#8217;re new to internet I would suggest that you look for a company that will teach you everything that you need to know about online business and marketing. You should have to spend more than $2,000 to find a great business opportunity that has the potential to make you a lot of money.</p>
<p>If you&#8217;re looking for an excellent franchise that won&#8217;t cost you more than $2,000 than click on my website <a rel="nofollow" target="_new" href="http://www.todaysbiz.org">http://www.todaysbiz.org</a> You&#8217;ll be able to learn everything that you need to create success within the internet and you&#8217;ll have a great mentor and coach. I would love to help you make a change in your life, and help you learn how to make money online. Take a look at <a rel="nofollow" target="_new" href="http://www.todaysbiz.org">http://www.todaysbiz.org</a> and make a change in your life today!</p>
<p>Author: <a rel="nofollow" href="http://EzineArticles.com/?expert=Michael_Sanofsky">Michael Sanofsky</a><br />Article Source: <a rel="nofollow" href="http://ezinearticles.com/?Can-You-Buy-a-Franchise-Without-Spending-Thousands-of-Dollars?-$2,000-Franchise&amp;id=4083605">EzineArticles.com</a><br /><a rel="nofollow" href="http://foodtocure.com/a-list-of-anti-angiogenic-foods/">Anti-angiogenic Food</a></p>
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		</item>
		<item>
		<title>Find a Cheap Franchise For Around $2,000 &#8211; Where to Find Them?</title>
		<link>http://colorfulmoney.com/find-a-cheap-franchise-for-around-2000-where-to-find-them/</link>
		<comments>http://colorfulmoney.com/find-a-cheap-franchise-for-around-2000-where-to-find-them/#comments</comments>
		<pubDate>Fri, 14 May 2010 18:22:30 +0000</pubDate>
		<dc:creator>Michael Sanofsky</dc:creator>
				<category><![CDATA[Cheap Used Cars]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[business world]]></category>
		<category><![CDATA[companies on the web]]></category>
		<category><![CDATA[Company]]></category>
		<category><![CDATA[desire]]></category>
		<category><![CDATA[Franchise]]></category>
		<category><![CDATA[hard time]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[how to make money]]></category>
		<category><![CDATA[hundreds of thousands]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[lot]]></category>
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		<category><![CDATA[Michael SanofskyArticle]]></category>
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		<category><![CDATA[online]]></category>
		<category><![CDATA[own business]]></category>
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		<category><![CDATA[success]]></category>
		<category><![CDATA[successful business]]></category>
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		<guid isPermaLink="false">http://colorfulmoney.com/find-a-cheap-franchise-for-around-2000-where-to-find-them/</guid>
		<description><![CDATA[Is there such thing as a potentially high earning franchise that won't cost you hundreds of thousands of dollars? A lot of people would rather buy into a franchise because they will have well known products to sell and a proven system to follow, but due to the high buy in costs people are unable to pursue this dream. The problem that a lot of us face is that we have a lot of desire to have our own business and create success but just don't have type of money that it takes to buy into a successful...]]></description>
			<content:encoded><![CDATA[<p>Is there such thing as a potentially high earning franchise that won&#8217;t cost you hundreds of thousands of dollars? A lot of people would rather buy into a franchise because they will have well known products to sell and a proven system to follow, but due to the high buy in costs people are unable to pursue this dream.</p>
<p>The problem that a lot of us face is that we have a lot of desire to have our own business and create success but just don&#8217;t have type of money that it takes to buy into a successful business. With the struggling economy a lot of people are hurting for money and have a hard time getting loans from banks to start their business.</p>
<p>What if I was to tell you that you could buy into a franchise for less than $2,000 and still have the potential to make a six figure income? There are a number of online companies that a person can buy into and make a lot of money while working from home.</p>
<p>The internet is full of money making potential! There are millions of people all over the world that make a great living working from the comfort of their home working online. You don&#8217;t need to worry about not have knowledge or experience within the online business world, the franchise that you buy into should provide you with all the training that you&#8217;ll need to become successful online.</p>
<p>If you want to have your own business and you want to buy into a company that has quality products and a great system for you to follow then look no further than the internet. There are some expensive companies on the web, but you shouldn&#8217;t have to spend much more than $2,000 to get into a great company.</p>
<p>If you&#8217;re looking for an excellent franchise that won&#8217;t cost you more than $2,000 than click on my website <a rel="nofollow" target="_new" rel="nofollow" href="http://www.todaysbiz.org">http://www.todaysbiz.org</a> You&#8217;ll be able to learn everything that you need to create success within the internet and you&#8217;ll have a great mentor and coach. I would love to help you make a change in your life, and help you learn how to make money online. Take a look at <a rel="nofollow" target="_new" rel="nofollow" href="http://www.todaysbiz.org">http://www.todaysbiz.org</a> and make a change in your life today!</p>
<p>Author: <a rel="nofollow" href="http://EzineArticles.com/?expert=Michael_Sanofsky">Michael Sanofsky</a><br />Article Source: <a rel="nofollow" href="http://ezinearticles.com/?Find-a-Cheap-Franchise-For-Around-$2,000---Where-to-Find-Them?&amp;id=4083580">EzineArticles.com</a><br /><a rel="nofollow" href="http://www.ashasolutions.com/">eCommerce solution,  service provider</a></p>
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		</item>
		<item>
		<title>Find Today&#8217;s Franchise &#8211; Cheap Franchise For Less Than $2,000</title>
		<link>http://colorfulmoney.com/find-todays-franchise-cheap-franchise-for-less-than-2000/</link>
		<comments>http://colorfulmoney.com/find-todays-franchise-cheap-franchise-for-less-than-2000/#comments</comments>
		<pubDate>Fri, 07 May 2010 17:12:59 +0000</pubDate>
		<dc:creator>Michael Sanofsky</dc:creator>
				<category><![CDATA[Cheap Used Cars]]></category>
		<category><![CDATA[author michael]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Business opportunity]]></category>
		<category><![CDATA[business world]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[coach]]></category>
		<category><![CDATA[earning potential]]></category>
		<category><![CDATA[everything]]></category>
		<category><![CDATA[Franchise]]></category>
		<category><![CDATA[getting a loan]]></category>
		<category><![CDATA[good luck]]></category>
		<category><![CDATA[how to make money]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[life today]]></category>
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		<category><![CDATA[lot]]></category>
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		<category><![CDATA[Michael SanofskyArticle]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[successful business]]></category>
		<category><![CDATA[thousand dollars]]></category>
		<category><![CDATA[thousands of dollars]]></category>
		<category><![CDATA[today]]></category>
		<category><![CDATA[traditional business]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://colorfulmoney.com/find-todays-franchise-cheap-franchise-for-less-than-2000/</guid>
		<description><![CDATA[So you want to buy a franchise but you don't have $20,000 - $500,000 to spend and you don't want to take out a loan. What can you do?]]></description>
			<content:encoded><![CDATA[<p>So you want to buy a franchise but you don&#8217;t have $20,000 &#8211; $500,000 to spend and you don&#8217;t want to take out a loan. What can you do? People seem to think that in order to have a successful business you&#8217;ve got to invest a lot of money; this is far from the truth.</p>
<p>Most people don&#8217;t have a couple thousand dollars just lying around the house to invest into a franchise, and good luck getting a loan from the bank. So if you&#8217;re one of these people what can you do?</p>
<p>Instead of looking for a traditional business you should start looking for something that is more &#8220;today.&#8221; What do I mean by this? The internet is the future of business and sells. If you want a franchise that won&#8217;t cost you any more than $2,000 and still has high earning potential then I would look to the web.</p>
<p>The internet is full of money making potential! There are millions of people all over the world that make a great living working from the comfort of their home working online. You don&#8217;t need to worry about not have knowledge or experience within the online business world, the franchise that you buy into should provide you with all the training that you&#8217;ll need to become successful online.</p>
<p>If you don&#8217;t want to spend thousands of dollars in a franchise then I would look to the internet. If you&#8217;re new to internet I would suggest that you look for a company that will teach you everything that you need to know about online business and marketing. You should have to spend more than $2,000 to find a great business opportunity that has the potential to make you a lot of money.</p>
<p>If you&#8217;re looking for an excellent franchise that won&#8217;t cost you more than $2,000 than click on my website <a rel="nofollow" target="_new" rel="nofollow" href="http://www.todaysbiz.org">http://www.todaysbiz.org</a> You&#8217;ll be able to learn everything that you need to create success within the internet and you&#8217;ll have a great mentor and coach. I would love to help you make a change in your life, and help you learn how to make money online. Take a look at <a rel="nofollow" target="_new" rel="nofollow" href="http://www.todaysbiz.org">http://www.todaysbiz.org</a> and make a change in your life today!</p>
<p>Author: <a rel="nofollow" href="http://EzineArticles.com/?expert=Michael_Sanofsky">Michael Sanofsky</a><br />Article Source: <a rel="nofollow" href="http://ezinearticles.com/?Find-Todays-Franchise---Cheap-Franchise-For-Less-Than-$2,000&amp;id=4083354">EzineArticles.com</a><br /> <a rel="nofollow" href="http://www.myropcb.com/">Make PCB Assembly</a></p>
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		</item>
		<item>
		<title>The Cons of Franchising</title>
		<link>http://colorfulmoney.com/the-cons-of-franchising/</link>
		<comments>http://colorfulmoney.com/the-cons-of-franchising/#comments</comments>
		<pubDate>Sat, 06 Feb 2010 17:02:00 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Cheap Used Cars]]></category>
		<category><![CDATA[anything]]></category>
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		<category><![CDATA[brand name]]></category>
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		<guid isPermaLink="false">http://colorfulmoney.com/the-cons-of-franchising/</guid>
		<description><![CDATA[The Cons of Franchising Since beginning my internet marketing business, I’ve spoken to and dealt with a few former franchise owners&#8230; none of whom had anything particularly positive to say about franchising. In particular, I’ve discussed the subject extensively with my current personal mentor (one of the current top internet marketers in the world&#8230; yes [...]]]></description>
			<content:encoded><![CDATA[<p><strong>The Cons of Franchising</strong></p>
<p>Since beginning my internet marketing business, I’ve spoken to and dealt with a few former franchise owners&#8230; none of whom had anything particularly positive to say about franchising. In particular, I’ve discussed the subject extensively with my current personal mentor (one of the current top internet marketers in the world&#8230; yes officially&#8230; it is ranked). This is a guy who lost two franchise stores and went USD $500 000 into debt soon after the recession began. The following article will discuss some of the major cons involved with franchising.</p>
<p>First and foremost, investing in a brand-name franchise is going to set you back somewhere in the hundreds of thousands of dollars. Now I understand that you’re investing in a potentially lucrative business, however, this is quite a massive sum of money to be investing in something with such an uncertain future. Why did my mentor fall $500 000 into debt? Well, the economy took a turn for the worse, and his franchises went with it. This was only a few short months after making his initial investment, and there simply wasn’t anything he could do to keep the business afloat&#8230; the economy was bad and people were spending less and saving their money. Many other franchisees and small business owners were forced to sell their businesses soon after the economy went down the tubes.</p>
<p>Now if you do get your franchise up and running, it’s certainly not the cakewalk many people believe it to be. Yes there are company systems in place to facilitate the running of the business, and a brand name will help you attract extra customers&#8230; but that doesn’t mean you can simply “plug in” to the system and let it run for you&#8230; there’s still going to be quite a bit of hard work involved. Franchises are definitely NOT “get rich quick” opportunities, and are by no means a guarantee of success, no matter how well-known the franchise you may be buying into.</p>
<p>Moreover, the hassle of dealing with employees exists. Who do you generally see working in franchise stores? That’s right&#8230; teenagers&#8230; most of whom like to fool around on the job, and don’t care which way business goes&#8230; good or bad.</p>
<p>Lastly, if you’re looking at buying into a franchise, it’s likely you’re looking to be your own boss. While as a franchisee you may not have to answer directly to anyone, you’re far from being able to fully-control the business. Simple rules such as wages, hours of operation, suppliers (you’re generally relegated to buying from the franchisor&#8230; no shopping around for cheaper and better deals), and so on, are out of your control. This system which helps you run the business is also going to greatly limit your flexibility as a business owner.</p>
<p>This article is not to say that every franchise is bound to be a failure, or that they’re impossible to run, just that they are simply not the sure-fire way to success many people think they are. Other, simpler, options do exist in the form of self-owned businesses. Online home-based businesses can be one incredibly lucrative option&#8230; an essentially recession-proof option without the requirement of a massive investment, employees, and overhead. Do your due diligence however and search out a legitimate home-based business as there are quite a few scams out there today.</p>
<p>      <span style="font-size:80%;font-style:italic">
<p>Matt Mossop is a succesful internet marketer and home based business owner. To learn more about Matt and how he can help you, visit <a rel="nofollow" rel="nofollow" target="_blank" href="http://mattmossop.com/main?t=abfranchisecons">MattMossop.com</a>.</p>
<p>Article Source:<a rel="nofollow" target="_blank" href="http://www.articlesbase.com/franchise-articles/the-cons-of-franchising-1305774.html" title="The Cons of Franchising">http://www.articlesbase.com/franchise-articles/the-cons-of-franchising-1305774.html</a><br />
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		<title>The 5 Major Myths of Franchising</title>
		<link>http://colorfulmoney.com/the-5-major-myths-of-franchising/</link>
		<comments>http://colorfulmoney.com/the-5-major-myths-of-franchising/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 22:38:42 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
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		<guid isPermaLink="false">http://colorfulmoney.com/the-5-major-myths-of-franchising/</guid>
		<description><![CDATA[The 5 Major Myths of Franchising Buying into a franchise can be a very lucrative investment. However, as a franchisee your success is far from guaranteed. Company-placed systems are designed to help facilitate business operations, however they do not, by any means, make running a franchise easy. The following article will discuss the 5 major [...]]]></description>
			<content:encoded><![CDATA[<p><strong>The 5 Major Myths of Franchising</strong>
<p>Buying into a franchise can be a very lucrative investment. However, as a franchisee your success is far from guaranteed. Company-placed systems are designed to help facilitate business operations, however they do not, by any means, make running a franchise easy. The following article will discuss the 5 major myths involved with franchising, and will reveal what you will be up against if you decide to open your own franchise.</p>
<p><strong>Myth 1: Running a Franchise is Easy</strong></p>
<p>There is no business opportunity in existence which isn’t going to take some hard work and effort to run successfully&#8230; and franchising is no different. Franchises have “automated” systems in place to facilitate the running of the business&#8230; a feature which attracts many to-be business owners because the hassle and uncertainty of figuring out how to run their own business is taken care of. While franchises do have a slightly higher success rate than independent small businesses, you cannot simply “plug-in” to the system and have the business run on its own. As in any business venture, there is simply no replacement for good hard work. If you’re looking for a “get rich quick” opportunity, look elsewhere.</p>
<p><strong>Myth 2: Franchises are Safe Investments</strong></p>
<p>Many franchise owners are recently out of business due to the horrible state of the economy&#8230; and I’m sure they would tell you otherwise. In franchising, as with any business venture, there is a degree of risk and uncertainty which comes with investing. The state of the economy is out of your control&#8230; if it starts going downhill, there’s nothing you can do about it. Moreover, once their business is up and running, many franchisees discover that running a franchise is not the calk-walk they thought it would be. Well&#8230; if you find out that you don’t have the drive, motivation, or skills it’s going to take to be successful, you’re out an investment likely somewhere in the hundreds of thousands of dollars.</p>
<p><strong>Myth 3: A Popular Franchise is Guaranteed to be Profitable</strong></p>
<p>You can’t actually see the ledger of any franchise you’re walking past, so you really have no idea how well-off that franchise owner may be. Just because you own a McDonald’s or Subway doesn’t mean automatic profits. A well-recognized name may help to bring in some customers, but you’re still going to need to have the right skill set to run a particular franchise. Additionally, proper management, advertising, and hard work will play a large role in your success or failure.</p>
<p><strong>Myth 4: Buying into a Franchise is Cheaper than Starting Your Own Business</strong></p>
<p>When setting up your own independent business, you are responsible for equipment, furniture, legal and consultation fees, licensing fees, internet and phone connections, taxes, etc, and of course&#8230; a location. While these are mostly taken care of when buying into a franchise, what you will pay for is the recognition of a brand name, and that company system with a proven business model&#8230; this will often set you back a few hundred thousand dollars.</p>
<p><strong>Myth 5: As a Franchisee You’re Your Own Boss</strong></p>
<p>As a franchisee you may not have a boss you have to answer to directly, however, you may not be provided with the total freedom you’re seeking as an entrepreneur. Variables such as wages, hours of operation, suppliers (no searching around for a better or cheaper deal&#8230; you have to purchase from your franchisor) will likely be out of your control&#8230; you are restricted to the freedoms the company system allows you.</p>
<p>As my opening sentence states, franchises can of course be very lucrative investments. This article is not to state otherwise&#8230; it is simply to state that they are not the cake-walk, or guaranteed ticket to success many people believe them to be. So if you decide to buy into a franchise, be sure you’re ready for what’s to come.</p>
</p>
<p>      <span style="font-size:80%;font-style:italic">
<p>Matt Mossop is a succesful internet marketer and home based business owner. To learn more about Matt and how he can help you, visit <a rel="nofollow" rel="nofollow" target="_blank" href="http://mattmossop.com/main?t=abfranchisemyths">MattMossop.com</a>.</p>
<p>Article Source:<a rel="nofollow" target="_blank" href="http://www.articlesbase.com/franchise-articles/the-5-major-myths-of-franchising-1305762.html" title="The 5 Major Myths of Franchising">http://www.articlesbase.com/franchise-articles/the-5-major-myths-of-franchising-1305762.html</a><br />
</span></p>
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