THIS IS WHY I WILL NEVER OPEN A TRADITIONAL BUSINESS!!!
US Starbucks serve around 400 customers per day, and averages a gross annual profit of $108,000 per store. (This blew my mind how little profit they produce.)
Most stores cost around $800,000 to open. (SAY WHAT!!!) CRAZY…
So this means it would take 8 years to get your money back & you don’t even know if the store is going to be successful. The location could be bad … VERY RISKY…
$800,000 is even very conservative. Try a Tim Hortons or McDonald’s franchisee and you need at least $1.5 million.
It’s about just $500 – $5,000 to start a business online depending on the business you join. You can easily earn profits of $108,000 in less than 12 months if you put in the time, energy and effort. Starbucks only has about a 30 mile radius and your online business may get customers from all over world ! Most online marketing companies are open in 30 – 230 countries.
And then people say that starting a Home based Internet business for under $500 is too expensive. Uh….
So, if you are interested in starting your own Empire Online and you have limited budget, book a 1:1 session with me and start your journey towards financial freedom !