Franchise based businesses have been the most successful business models around the world.
A structured system based on a successful model is used to duplicate other businesses or franchises locally and around the world.
The concept is based on the duplication of the system rather than the duplication of the physical business itself.
Franchise based businesses can range in price from $5000 - $10,000 for a Mobile Car detailing business or dog wash and go up to as much as Millions of dollars for a fast food restaurant.
For young people entering the market or for people wanting to control their own clock.
The high cost of franchise based operations are out of reach of Mr and Mrs Average.
Network Marketing business models follow the same basic principles but with a start up price tag of only a couple of hundred dollars in many cases.
There are some basic tips to follow when you consider going into business for yourself.

1. In Business for yourself but never by yourself - It sounds like an old cliché but you should always consider the support network behind you when you decide to go into business for yourself.
   
2. Are you buying a Job or a business - If you take a holiday and your business stops trading while you are away then you have bought yourself a job.
   If you can take time off work and your income continues coming in then you have bought a business.
   Either option has its benefits but if you want to gain a Lifestyle Advantage, you should consider the second option.
   You should aim to build a business that is self-sustaining.
   
3. How much money do you have to invest - If you have several thousand dollars your options are potentially limitless.
   There are Franchisors waiting for you to make contact with them.
   If, however, you have the Dream to go into business for yourself but do not have the funds you may want to consider a Network Marketing opportunity.
   
4. The Time Factor - You should consider the time factor as well.
   If you will need to maintain your existing job while building your customer base your options will be limited to a Network Marketing venture or a weekend operation.
   
5. Your family and current circumstances - You will need to give consideration to how your Business will effect your family.
   Ideally you want to gain an advantage over your current situation by gaining more time and improve your lifestyle.
   If after an initial start-up period you have less time than you had previously, you may need to consider your options again.
   
6. The resale factor - You should be building a business with the intent of making it a saleable asset.
   You need to make a living from your business while you own it and make a profit from it if you sell it.
   
7. Paperwork - You don't need to be an Accountant or a mathematical genius to go into business.
   You should, however, have some basic book keeping skills to enable you to keep accurate records.
   

Of course, this list does no guarantee success in a business venture.
However, hopefully it gives some ideas and thoughts with which to consider your options for going into business.