Tuesday 22 August 2017

Business in a box | Franchises

Business in a box | Franchises

One very basic question applies to all Franchises of whatever flavour, size or type. It all comes from this.........

"Is the money you are spending to get a ready made business as much or even more than it would cost you to set it up anyway?".
You might be surprised how often the question is ignored and how often the calculation is a close run thing. There may be other reasons for using a franchise but – buyer beware! The considerations for buying a Franchise are not that different to setting up a new business. In some cases the promised delivery of leads, dedicated areas, training and all the incentives that make it look worthwhile are just not there in sufficient quantities, once you have paid over the money.

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