Difference between revisions of "Open a Franchise"
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{{fa}}It's easy to see why thousands of new franchises open across the globe every year. Franchise businesses have the advantage of an established, well-known brand and the support of a successful parent company. However, despite these advantages and the popular conception that franchises are a "safer" investment than traditional small businesses, the success rate of the two remains about the same.<ref>http://www.bluemaumau.org/11948/government_research_declares_again_franchises_do_not_succeed_more_small_businesses</ref> Even with the support of an experienced company behind you, you'll need significant investment capital, lots of hard work, and a shrewd business sense to turn a profit as a franchisee. | {{fa}}It's easy to see why thousands of new franchises open across the globe every year. Franchise businesses have the advantage of an established, well-known brand and the support of a successful parent company. However, despite these advantages and the popular conception that franchises are a "safer" investment than traditional small businesses, the success rate of the two remains about the same.<ref>http://www.bluemaumau.org/11948/government_research_declares_again_franchises_do_not_succeed_more_small_businesses</ref> Even with the support of an experienced company behind you, you'll need significant investment capital, lots of hard work, and a shrewd business sense to turn a profit as a franchisee. | ||
| − | [[Category:Buying & Forming a Business]] | + | [[Category: Buying & Forming a Business]] |
== Steps == | == Steps == | ||
