It's a simple but perhaps not-often-repeated truth: not all business models are created equal.
In this episode, Neel talks about local services businesses he would avoid buying/starting as well as what was the one factor he looked at recently when considering a cleaning service acquisition. You'll get the scoop on:
- Why high ticket, low recurring businesses are just as desirable as low ticket, high recurring businesses
- How you could make low ticket, low recurring businesses work (if you had to)
- The importance of building "need to have" businesses, particularly in recessions
Enjoy the episode.
If you want to start your own MaidThis Franchise in your market & skip years of trial-and-error, go to www.maidthisfranchise.com
If you want a foundations do-it-yourself course on how to start your own remote local business model, check out blueprint.beremotelocal.com
The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom