There are several ways to decide whether to buy a computer consulting franchise along with many pros and cons.

The Pros of Buying a Computer Consulting Franchise

There are quite a few benefits to buying a computer consulting franchise:  you get the benefits that go along with being part of a larger company; you have a built-in peer support network; you start out with many tools and resources; you have a place to go with your problems and concerns.

The Cons of Buying a Computer Consulting Franchise

The biggest problem with buying a computer consulting franchise for most entrepreneurs is the capital investment needed to start.  Plus, a percentage of your revenue and profit each month will go to the franchiser, and you will be restricted with what you can do with your company because of the pre-set standards of the organization.

Computer Consulting Takes Time More Than Money

Starting a computer consulting business usually has low overhead, but is very time consuming.  You might spend three to six months or even more getting enough contacts, prospects and project opportunities to be booked to 50 or 60 percent utilization rate (or 20 to 24 billable hours per week).  

Expectations of Revenue in Computer Consulting

Even if you go to all local networking activities, reach out to your community and go out on sales calls, three or six months is a good estimate of how long it will take to have decent revenue and cash flow.  Add to that adding staff to your computer consulting business, and the estimate can change to years.

You need capital so you can keep paying business expenses.  Keep overhead low so you don’t have extra items to worry about.  Weigh the pros and cons of computer consulting franchise ownership and then decide if the process is right for you.

Blogged By:  Computer Consulting 101