Dukeo » Make Money Online » How To Make Money Online Starting Your Own Franchise Business

How To Make Money Online Starting Your Own Franchise Business

Steven 8 responses Make Money Online
3

The benefits of starting an online franchise business are the same as starting one offline. The business plan has already been proven to be successful, the branding and product are already in place, the research has already been done. All you need to do is ante up some capital, step in and start selling.

franchise business money online

Subscribe to my exclusive newsletter, and learn secret strategies to make money online»

The big difference is that it’s easier and much less expensive to start an online business. You don’t need to invest in Real Estate and a store front, you don’t need to hire employees, and, in most cases, you don’t even need to worry about delivering a physical product. You just need a computer and a little knowledge.

The fact that you only need a computer and a little knowledge is what makes the online franchise world such a scary place. On the one hand, with a little effort, anyone can do it. But, because it’s so easy to set up, the scam franchises far outnumber the reputable. So how do you know where to start? How do you make money online starting your own franchise business when so many of the franchises are a scam?

With any type of franchise business opportunity, you generally have to either invest money up front or surrender a portion of the profits to pay for your share of the business. Online franchise opportunities might ask you to pay for a custom website or server space. You’ll be required to sell only their products using their proven sales methods on their specific websites. While the cost to invest in an online franchise is nothing compared to what you’d invest in the offline world, it’s still something you need to consider.

When evaluating online franchise opportunities, look for the same things you’d look for in offline franchise opportunities:

  • Companies than have been operating online for at least 3 – 5 years
  • Companies with a name or brand name that you recognize
  • Companies that already have an exceptional Internet marketing system in place
  • Contact information
  • Privacy and legal information
  • Sales statistics backed up with testimonials and evidence
  • Referral information so you can talk with other franchisees

Depending on what type of offline franchise you invest in, you might end up with a brick-and-mortar building, a truck or van, branded products or services, etc. But, the one most important thing these franchise companies generally provide is training. They train you to run their business their way. And that training is part of what you’re paying for.

If you want to make money online starting your own franchise business and you’ve never worked online before, then it’s important that you look for an opportunity that offers assistance setting up and maintaining the website until you learn enough to do it yourself. Internet marketing training is also important because there’s a lot more involved in selling online than just sitting down and answering a few emails every day.

You’ll find online franchise opportunities all over the Internet in nearly every niche and, just like offline franchises, some are good investments and some aren’t. Just because online franchises require a much smaller investment doesn’t mean they’re going to be any less work or any more profitable. Do your research and choose your online opportunities just as carefully as you would if they were offline.

When you're learning how to make money online starting your own franchise business, you need to understand that the very first step is to create a website. If you're interested in starting your own blog, I have written a step-by-step guide that will show you how to start blogging for money for as little as $3.49 per month (this low price is guaranteed only through my link). You will also receive your own domain name for free ($15 value) by clicking on this link and purchasing at least 12 months of hosting with BlueHost. Keep in mind that if you're learning how to make money online starting your own franchise business, the first thing you need is your own self-hosted website. It will help you look more professional in front of your visitors, clients, companies, and everyone else.

If you enjoyed this article,
Get email updates

Join for Free »

8 Comments

  1. Jony

    Dang, you really sold this thing! I’m not seriously considering it… you make a very compelling case. It sounds to me like if you’re smart and plan carefully you could make good money doing this.

  2. Michelle

    I have honestly never heard of anyone doing this, I didn’t know you could start a franchise online! Very interesting, and a very informative article, I definitely plan to look into this further.

  3. Mike

    Like any other venture, it’s important to be 100% secure and make sure that this is the right business venture for you. This article highlights some key facts, as there are definitely some franchises that could end up being scams. You always want to be cautious and careful with your money, but if you do your research you stand to learn, and gain, a lot.

  4. Affmaster

    Mike is right, I’ve seen a lot of shady and scammy looking operations. Definitely choose wisely if you go this route. As with anything you want to make sure your money is going to the right thing.

  5. Shad

    A buddy of mine is actually doing something pretty similar to this, selling weightloss stuff online. I was concerned at first, because you have to like pay money to start it (of course) and I thought he was getting scammed but I think he’s doing really well with it now. I guess it just depends!

  6. Anon

    Glad you put the list up of things to look for, it seems like many people don’t know much about online franchises; those are the exact ones who are most likely to get scammed. It is really good money, and a great business idea. Just be sure to do it right.

  7. Sarah

    I think just like anything else, it can be a risk putting your money towards something that is uncertain. However, if you put some hard work into it you may reap the rewards and be much better off for it. All I would add is that if it seems like a get-rich-quick type of deal, stay away. There is no such thing. But if it’s something that will take some time and sacrifice, the benefits may be well-earned.

  8. Liz

    I want to do this!! How do you find an online franchise to start? Like where should I start looking? I have some money saved up and this sounds like it could be a great way to use it, so long as I’m careful…