Planet Fitness Franchise vs Online Business: Is One Better Than The Other?
Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.
Planet Fitness Franchise vs Your Own Online Business
Have you ever considered being the owner of a franchise?
Ever considered Planet Fitness, KFC, McDonalds, Subway, etc?
What’s a Planet Fitness Franchise?
A franchise is a right granted to an individual or group to market a company’s goods or services within a certain territory or location. Some examples of today’s popular franchises are McDonald’s, Subway, Domino’s Pizza, and the UPS Store.
There are many different types of franchises. Many people associate only fast food businesses with franchising. In fact, there are over 120 different types of franchise businesses available today, including automotive, cleaning & maintenance, health & fitness, financial services, and pet-related franchises, just to name a few.
How Franchising Works
If you are thinking about buying into a franchise system, it is important that you understand exactly how franchising works, what fees are involved, and what is expected of you from the franchise company.
An individual who purchases and runs a franchise is called a “franchisee.” The franchisee purchases a franchise from the “franchisor.”
The franchisee must follow certain rules and guidelines already established by the franchisor, and in most cases the franchisee must pay an ongoing franchise royalty fee, as well as an up-front, one-time franchise fee to the franchisor.
Franchising has become one of the most popular ways of doing business in today’s marketplace. In most states you cannot drive three blocks without seeing a nationally recognized franchise company (Source)
What’s an Online Business?
By now this question is almost never asked because all of us are familiar with online businesses such asAmazon.com, eBay, Google, Facebook and countless others. For our purposes an online business is any business on the Internet that sells products, services, or advertising, online. The difference between a website and an online business is that the latter sells something using the global communications infrastructure of the Internet. For many online businesses advertising is a principal source of revenue (e.g. huffingtonpost.com). (SOURCE)
Why Choose Online Business Over a Planet Fitness Franchise?
My friend and mentor, Mike almost went the Planet Fitness path. Check out what he discovered and what it would have cost him has he chosen that path vs creating an Online Business
Planet Fitness Vs Online Business
Have I piqued your interest yet?
Click this link to find out how we can help you build an Online Franchise instead of investing 1.3 Million for an Offline one like Planet Fitness as an example!
(note: nothing wrong with Planet Fitness and it was only used as an example only)
Take some time to learn more about a community of people that follow their passion, build their lives on their terms , all while having a business that creates the freedom, lifestyle. Simply watch this video and follow the actions we’ve laid out for you.
If you’ve already seen that video then fill out this form to gain instant access to our mastermind team and all the bonuses you‘ll get here.
If you enjoyed this post about a Planet Fitness Franchise vs Online Business, leave me a comment below and let me know what you liked best
To Your Extreme Prosperity,
Mike and I Denver 2013
Regina L Floyd
Freedom Creator
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