Friday, December 14, 2007

Passive Income - Cell C Franchise

Speaking of passive income in the previous post; Cell C has an interesting franchise opportunity. It is an opportunity to offer cell phone contracts and prepaid starter packs directly to the market. The operational costs are fairly low since this is a direct marketing franchise and therefore you don't have to have a physical premises. In addition you don't carry any stock, you sign the customer up and Cell C delivers the goods. The start up costs to register the franchise is R 55 000, I hear that it is due to increase shortly. What I really like though is the fact that it involves passive income. Not only do you get income from signing people up you get a certain percentage of their ongoing bill as long as they remain on the Cell C network. This is just the type of cash flow idea that Robert Kiyosaki talks about in his Rich Dad, Poor Dad book. If any of you run one of these Cell C franchises, let me know I would value your input.

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