An Online RED-Platform Franchise
Most online businesses operate in roughly the same manner, with the idea being to drive traffic towards a web entity - convert that traffic into customers - and then ideally, retain them. And in terms of driving traffic, there are a thousand-and-one ways with which you can try.
From simply blogging (as I'm doing here), building a social-media presence over at Twitter, or Facebook, etc., through to creating useful apps, or even via the more costly but sometimes more effective paid advertising route.
In addition to acquiring the rights to use the branding and name of Europe's fastest growing energy retailer, franchisees will presumably also be able to utilize the RED team's already built and working software and franchise infrastructure. Currently in use by Restart's already over 300 franchises. To simplify the process.
And an online business can even be built-up for as little as free - excluding the expense mentioned below, and of course, time and effort on your part.
How Many MWAT Tokens Will I Need?
Each RED franchise type requires the franchisee to hold a certain number of MWAT tokens, varying in number based on the expected size-and-scope of the operation. With some country-wide exclusive type-A franchises being required to hold tens-of-millions of tokens.
However the minimum number required to hold a franchise of any type is 10,000 MWAT. And I would assume that the required number for smaller independent online franchisees would be towards the lower end.
And while building up a successful online business can be just as much hard work as building a physical one (albeit with a different skill set), the benefits of being able to sit around in your pants all day, instead of suiting up, can't be ignored. Needless to say, I'm interested. And if you are too, you can find more details on operating a Restart Energy franchise over at their website: HERE. And if it is something that you're considering - it's never too early to begin preparing. And should I pursue one myself, when available, no doubt you'll hear about it here first, and/or over at my Twitter...