I n the last 100 years the United States has produced more successful entrepreneurs than any other country in the western world. However, it is in danger of losing this lead, unless it changes the way new entrepreneurs start and grow their business ventures. The old methods of growing a business through trail and error is to costly. Entrepreneurs, must have direct access to timely advice when needed.
Successful models can lead to distributorships and ultimately franchising.
A modern business that is starting today during the high-tech era must be built on a Business Growth Platform that is large enough to accommodate the business model and franchise. As the global marketplace becomes more competitive, the franchise and business model will become a safer alternative than building a business from scratch. A good business model prepares a business for constant change and competition. It is the first step in turning your successful business into a franchise. Many early-stage business concepts appear to be attractive and sound, a closer examination of the key revenue drivers and associated expenses often reveals an insubstantial business model with fixed cost too high, and margins too thin, etc.