Friday, November 28, 2008

Computer Franchise Ownership: Is It Right for You?

Computer Franchise Ownership Requires a Lot More Startup Capital Funds Than Other Types of Computer Consulting Businesses. When you start a computer consulting business from scratch, you can expect a relatively low initial investment. A new computer consulting company is more time intensive than capital intensive. This means you can take anywhere from three to six months (or more) to develop enough contacts, prospects and project opportunities in your sales funnel to be booked up to a 50-60 percent utilization rate. With computer franchises, you spend a significant amount of money up front but often end up spending less time getting a steady client base. You may already have prospects that have heard of you and even those that have worked with your franchise in the past.

Buying a Computer Franchise is Not the Same Thing as Buying an Existing, Profitable Business.

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