Category: Understanding Franchise Business
Franchise Information Sources
There are many good sources of information about franchise opportunities. For most people, the process that makes the most sense is to first make sure you understand the business model of franchising. After you’re clear on what franchising is all about, then you can try to identify industry segments that may be of interest to you. Finally, …
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6 Reasons Why Franchising Your Key to Small Business Success
If you’re reading this article, it’s probably because you’ve considered business ownership as a way to achieve your career, lifestyle, and financial goals. But have you thought about taking that one step further – becoming a franchisee? There are numerous advantages to franchise ownership over creating a business from scratch, which explains why so many …
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Franchise ROI: 5 Things To Expect
There are a lot of franchise business models that prospective franchisees can pick and select which they think is the best for them. However, unlike any other investment platform, a franchise investment has most likely soft benefits. It takes a lot of time, extra effort, risk, and money. On top of that, a franchisee must …
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How To Investigate A Franchise Company (6 Key Steps)
As you decide to pursue a franchising career, it is important to know first how to investigate a franchise. Everything that you want to have in a business is already on top of your mind. You are 100% sure about the product that you want to business. But hold on, think twice again and see …
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Franchising Advantages and Disadvantages in 3 Different Scenarios
To understand franchising advantages and disadvantages, let me share with you some basis for comparison. The 3 scenarios below will give you an overview of balancing your thoughts if you are planning to invest in a new business. It may be a franchise from an established brand or putting up a brand new line from …
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How Much Money Can I Make?
Let’s say you are considering purchasing a franchise. During the investigation process, you are open to asking a franchisor: “How much do franchise owners make?” This is a very interesting question that all want to know the answer to. You want to entrust your hard-earned investments to a business where you can have the assurance …
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