''Hard work is like a staircase and luck is like a lift. Lift may fail but staircase is sure to take you to the top'' -- unknown

To be fearful when others are greedy, and be greedy when others are fearful -- warren Buffet

I am better investor because I am businessman,better businessman because I am no investor. -- Warren Buffet


Franchise Business

Wealthy households are more likely than others to be headed by a business owner, according to the Kauffman Foundation for Entrepreneurial Leadership. A turnkey approach to ownership: Buy a franchise. These four that follow have a relatively low cost of entry and won high marks for their financial prospects and franchisee satisfaction in a 2011 Franchise Business Review survey:

HEAVEN'S BEST CARPET & UPHOLSTERY CLEANING The business: The company is now in 1,500 towns and cities because of its popular quick-dry cleaning technique. Investment: $29,000 to $64,000

PADGETT BUSINESS SERVICES The business: Specializing in tax and payroll services for small businesses, this is a good fit for corporate refugees. Investment: $106,000

U.S. LAWNS The business: This commercial lawn maintenance company will train those with no background in the industry. Investment: $50,000 to $75,000 VISITING ANGELS The business: Franchisees of this provider of non-medical home care to seniors and other adults average $10,000 to $50,000 in first-year revenue. Investment: $60,000 to $80,000

From: CNN Money

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