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Business opportunities abound, you just need to know where to find them. If you have experience as a manager or executive, then you might want to take the next step and run your own business. Business opportunities can include starting or buying a business. Or, you could run a franchise. What are the advantages of each option?
If you are right out of the university, you might want to start your own business. There are so many ways to fund your company. You can go to a traditional bank and apply for a loan. They will look at your credit score and business plan. But today, that is not the only route. You can also choose alternative lenders, like crowdfunding. There are numerous equity crowdfunding platforms online, which will allow you to make “pitches” to potential investors. If they like your idea, they can fund your campaign. If you reach your fundraising goal, you are in business. Business opportunities provide the necessary jobs, products and services, which make Australia run.
Perhaps, you don’t want to “start from scratch.” You might have seen a store which had a great location for selling flowers. When the owner gets old and wants to retire, he could sell it to you. This business opportunity allows you to use the same well-developed suppliers, location and customer base. It is easier to run a profitable business, by purchasing the ready-made tools, equipment and business all in one swoop. You don’t have to re-invent the wheel.
And finally, you have seen numerous brands from around the world, including Australian, English, American and Chinese. These brands offer franchises. The restaurant industry is a prime example. You can purchase a franchise. You buy the “right” to use the brand, trademark and ideas. The products or services will already be provided for you. For restaurants, you will have the food, color, menus, uniforms and equipment. The owner of the brand will also do the marketing for you. This franchise concept is a great business opportunity.
You might have been down-sized from your job, you have plenty of business executive skills and don't want to start over from "square one." A franchise is the perfect business opportunity. Poolwerx, Battery World, Foodco, Coffee Club and Mad Mex are some of the top Australian franchises. So, check out the LocalBook Australia, this is Australia’s Local Business Directory featuring hundreds of business opportunities near you.
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Australia
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