Computer Consulting: Should You Buy A Franchise?

You can approach the decision whether or not to buyintensive than capital intensive. What does that mean?
a franchise in many different ways. There are manyIt means it can take you anywhere from three to six
pros and many cons with franchise organizations. Inmonths (or more) to develop enough contacts,
this article, we'll explore the pros and cons withprospects and project opportunities in your sales funnel
franchise organizations in computer consulting.to be booked up at least a 50 or 60 percent utilization
The Proso You get the trappings of being part of arate (i.e. 20 to 24 billable hour each week).
larger company.o You get a peer support networkWhen You Can Expect Some Decent Revenue
that's built into the organization.o You get a lot of toolsEven going out there and pounding the pavement, and
and resources.o You have people to go to withgoing to all of your local networking events, and going
problems.out on sales calls, three to six months is generally a
The Consgood estimate of how long it can take to get to the
There is a flip side to each of these. The biggestpoint that you can start to generate some substantial
drawback for many computer consultingcash flow. If you want to be able to hire multiple
entrepreneurs is that there is a substantial capitaltechnical staff members and sales people, it can take
investment to get started. Plus, you'll be paying ayears.
percentage of your revenue or profit each month (aYou need capital. After all, you certainly need to be
royalty) to the franchiser. On top of that, there will beable to continue paying your business expenses. Keep
some restrictions on what you can and cannot do withyour overhead reasonably low so it's not any more
your business.stressful than need be. You need to decide whether
Computer Consulting Requires More Time than Moneybuying a computer consulting franchise is a good
Typically, starting a computer consulting business is adecision for your business.
relatively low overhead investment. It's more time