Online Franchise And Licensing Opportunities Business Success Stories [2024]
Looking for a promising way to enter the dynamic world of online business? Consider launching an online franchise and licensing opportunities business. This model allows you to offer aspiring entrepreneurs the chance to buy into a proven business system, with the added benefit of online scalability.
Essentially, you'll be the bridge between franchise owners and prospective business buyers, providing a platform for them to connect. Youβll manage the intricacies of franchise agreements, licensing rights, and compliance β allowing franchisors to focus on their core operations while you handle the digital logistics.
The appeal lies in the potential for ongoing revenue streams from franchise fees and licensing agreements, making it an attractive venture for those with strong organizational and marketing skills. If youβre looking to be part of a thriving sector with endless opportunities for growth, this business idea warrants serious consideration.
In this list, you'll find real-world online franchise and licensing opportunities business success stories and very profitable examples of starting a online franchise and licensing opportunities business that makes money.
1. Franchise Direct ($1.2M/year)
Ben Wrafter, the CEO of Franchise Direct, came up with the idea for the business after working as a consultant for the company from 2009 to 2018. Recognizing the company's potential and the value he could bring, he eventually took on the role of CEO. With over 20 years of online marketing experience and a focus on constantly upgrading and testing, Franchise Direct has become the world's leading portal for franchise and business opportunities, attracting clients through methods such as email marketing and social media. Despite the challenges of the Covid-19 pandemic, the company has remained strong and continues to adapt to the changing needs of the franchise industry.
How much money it makes: $1.2M/year
How much did it cost to start: $25K
How many people on the team: 40
Franchise Direct, a leading global franchise portal with 15 multilingual sites, boasts 1,000 clients, 675k monthly visitors, and nearly 2M page views per month, all achieved despite Covid-19.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
