Monday, September 3, 2007
Three Kinds of Businesses
In general, there are three kinds of businesses: traditional, franchise, and network marketing. Traditional businesses are businesses started from scratch by an entrepreneur, or inherited from a parent. It's the job of the entrepreneur to design the entire business system. Franchised businesses are ones where the business system and name recognition are already established. But the owner has to run, and promote the business. Network marketing is the kind of business where the business systems, name recognition are both already established. Also, with network marketing the cost of entry is far less than with franchised businesses. Some network marketing opportunities are even FREE!
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