This is troubling to many would-be home business owners, because their entire purpose for running their own business is achieving a level of income that they could never attain underneath someone else’s authority. Though some businesses do have a moderately low ceiling, there are many home based franchises that are ready and able to go just as high and far as an ambitious franchisee is willing to take them. In fact, to prove that point, here are at least a handful of those "sky-is-the-limit" franchises in two distinct categories.
One of the prime reasons that people celebrate the vending industry is that the only limitation on a vending business’ success is how far the owner wants to go. What makes these business opportunities so lucrative is that there really is no limit to how many machines a single owner can have in operation; as long as there are free locations, there’s room to grow. And with the average vending income being somewhere around $70/hr (which translates to $145,000 annual gross income), growing beyond the reach of a one-man operation and taking on employees is in no way a financial setback: you’re already making well over than the average American salary.
The most common vending model is candy sales, which in some ways is the most amazing kind. When you really stop to think about it, bringing in $70/hr on 25?-$2.00 individual purchases is fairly impressive. Though there are many great franchise opportunities in the industry, one to keep an eye on is Vendstar. Established in the early 90s by one of the most impressive entrepreneurs in America, Vendstar is the nation’s leader in bulk candy sales. Their methods are so easily replicated that they’re confident anyone can do it; whether you’re a father of four, a college student, or a retiree, their system and products can work for you with only a little bit of effort required. And once your business is under way, you decide how big it gets.
But candy vending isn’t all there is to the vending market. Actually, in recent years, the principle of vending sales has been expanded to include many products that once required the presence of a human seller. But when turned into vending outfits by new automation technology, these businesses attain new levels of expansion and financial success that were previously too costly for a work at home business owner to ever even dream of.
One example is DVDNow. In a nutshell, this business rents out DVD movies from automated vending kiosks. For prices far cheaper than the corner video store, customers get to rent the movies they want to see, right from a machine in the grocery store where they’re buying dinner. On the franchisee’s side of things, the business is just as easy, with no buildings and no employees, overhead is only a byword, making profit that much greater. The concept is just starting to pick up speed in the United States, making this the perfect time to enter a market that is still rather sparse.
Vending, though, is not the only franchise opportunity with unhindered room for growth. There are plenty of other home based businesses that are limited by nothing more than the franchisee’s personal investment and goals. The trick is finding an operation that has a brilliant and unbridled business model, a product with either a high demand, very little competition, or both.
Falling more in that first category, WSI Internet has proven to be one of the most successful business plans available in the home business world. Providing internet marketing services to small and mid-sized businesses all over the country, WSI Internet has been deemed Entrepreneur Magazine’s top computer and internet franchise for the last 7 years straight, and franchisees agree that their business is designed to accommodate limitless success. In fact, the model is so versatile that it can easily transition a franchisee from running a work from home business by himself into an office-based, multi-employee operation, as business expansion necessitates. Whatever a franchisee’s need, WSI Internet’s plan is ready.
If what you want in order to attain your limitless success is a new product in demand, however, Vehicle Tracking Solutions is the way to go. In the United States, there are 20 million company-owned vehicles, and only 7% of those are equipped with GPS tracking equipment that allows their corporate owners to find them wherever they go. This means that Vehicle Tracking Solutions franchisees, who specialize in selling that kind of GPS gear and tracking software, have hundreds of thousands, if not millions of clients yet to be had. That is the definition of limitless opportunity.
Finding a franchise business that you can operate from home and still climb to the pinnacles of success may appear to be a hard task, sometimes even an impossible one, but appearances can be deceiving. The fact is that home businesses with limitless success do exist, and they are well within anyone’s reach and these few franchises listed are among several new home based business franchises that can transform the life of any entrepreneur with the drive and dedication to follow the franchisor’s well-established business plan.