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115. Business Models to AVOID and What Makes a Good Business Model

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Manage episode 376839585 series 3440552
Content provided by Neel Parekh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Neel Parekh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

160 episodes

Artwork
iconShare
 
Manage episode 376839585 series 3440552
Content provided by Neel Parekh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Neel Parekh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

160 episodes

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