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Old 07-21-2011, 09:36 AM  
MrMaxwell
Too lazy to set a custom title
 
Industry Role:
Join Date: Jul 2005
Posts: 10,057
I see franchise ownership as being a bloody mix of self employed+business owner(it sure as HELL isn't an "investor role" situation- not by any stretch of the human imagination!!)... As someone said, why buy a job? You take ALL of the risk and have just about NO control.. sound good? No, it doesn't. Unless you're buying something serious like a Mickey D's or a Burger king, and I can't even imagine what THAT must cost. Even then. No control. All of the risk. It is all on you.

And even the big ones do stupid shit to put you out of business
Fucking Mickey D's thinks they're going to become the hilton inn - they're wasting BILLIONS on this ridiculous fuck up, last I read anything about it

You want to spend 100k or less and really make some money? Lease a commercial property that has no structures (cheap, see) - put a trailer on there, like the one white trash lives in, you know? Buy 50 cars... Hire some clown to work on them.. hire another clown to sell them..

Do that and make sure you're around whenever money changes hands and you can make more than you might think. You just have to buy the cars RIGHT.

I guarantee you that a little dealership will be 1/10th the headache a franchise will be and the risk is a lot lower and you WILL make more money.
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