Create Australia On What You Need To Know About Home Business
Create Australia is a 17 year old Australian company specialising in assisting start-up businesses to grow into successful enterprises, we are proud to have assisted over 6000 business training, across a range of business courses and enterprises thus far.
You may have probably come across with various ads about home business opportunities. But how does this really works? Let’s review and have a closer look.
NOT all businesses are created equal, so when considering a business vehicle we at Create Australia feel that you need to assess the model of the business as a higher priority to the actual product or activity of the business- let us explain; There are many types of businesses camouflaged as “a home business” or a “ business opportunity” but not all are equal and not all can make you rich, comfortable or even profitable!
The most common type of business marketed is the MLM or multilevel model of business distribution method of products and services wherein the company pays individual contractors, distributors or agents for promoting and selling its products to their network. It also encourages the individuals to join the group. It’s one of the work from home business ideas that is available widely in the market. However, it would be wise to be aware aware that this model often massive time and has no income control to the user, in other words the MLM company can pay you or it can choose not to pay you- you are not your own boss and often the rules are changed, While there are many legitimate MLM companies around the world, you should be extra vigilant not fall to some networking blues.
Another business model is the franchise model, where you pay a fee which usually is between $50,000 to $2,000,000 depending on the actual franchise business and its location and a number of other variables, this model has a number of positives and negatives, the obvious positives are if you buy with the “right” franchise you can get pretty great support and assistance with marketing which is crucial in any business. The obvious negatives are that you need to have a lot of money to get started and there are on going fees (usually 10% of taking) plus marketing fees etc, and you must follow their system to the letter – there is no room for your own input or creativity usually- this is always laid out in the contract, and its always very extensive and getting your solicitor to check it thoroughly.
The other alternative is to buy a business as a “going concern” to buy a business that’s for sale; there are plenty of great businesses for sale and the reasons are varied business sell from say $50,000 to several million, but a decent business that you can actually live off would not come cheaper than say $500,000 in Australia, so you need to be realistic, if you buy a $50,000 business it will not be making you $100,000 a year in revenue let alone income will it there are many pluses and negatives and in many cases there are great options on the market, by the same token there are many problems in business which you don’t want to inherit or buy someone else’s problems & wrong business practices.
The last and in our opinion most superior way to doing business is to start one up, Create Australia gives you the best of all worlds and at a fraction of the cost, business systems developed from a successful running business model, with training, support and freedom to run it the way you like, that’s what we are about – our business model is Always portable, flexible so you can earn & live an amazing lifestyle with complete freedom & fluidity, find out more on a way of getting into business that holds all the pluses and very few of the negatives visit us on and read about what we can assist you in achieving; www.createaustralia.com.au and learn more.
