Business opportunities - Businesses for sale - business ideas - home business opportunity - Franchise opportunities - franchises - Lifestyle business opportunities - What are the Pros and Cons of business types?

There are a number of different business models or types which are available to budding entrepreneur. Let’s have a look at the Pros and Cons for the three most common types for small business opportunity, Tradition businesses, Franchises and Network Marketing.

When considering a move into your own business, you should give a good deal of attention to which business model best suits your requirement, situation, budget, goals and desired location.

Firstly lets have a look at the Pros and Cons of Traditional business such as; Retail shops, Trade businesses, Wholesale businesses, Restaurant and cafes. Although these businesses and others traditional businesses can be quite different, many of the pros and cons are relevant to the majority of traditional businesses.

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. Franchises have become more popular over the last twenty years due many to the introduction of varied low end business concepts with a lesser skill level requirement such as; garden and maintenance services, windscreen fitting services, and general semi skilled services.

Network Marketing (NM), which includes Multi Level Marketing (MLM) and more recently Direct Marketing (DM) is a business model is where an independent distributor or associate sells products and / or services for a parent company through their own marketing efforts. The NM industry has matured substantially over the last 20 years and is now consider a profession with a high number of participates and successful entrepreneurs.