Category: Franchises

Franchise or Independent Business – Which is Better?

Franchise or Independent Business – Which is Better?

Quick Tip If you lack business experience, expertise, and are not willing to start from scratch, opting for a franchise is a viable option. If you are planning to start your own business, you must be perplexed with the problem of which is better of two: franchise or independent business. Both types of businesses ...

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FAQs Before Buying a Franchise

FAQs Before Buying a Franchise

The parent company, known as the franchisor, looks for potential entrepreneurs who can take their business forward, by providing them with franchising opportunities. The franchisor allows these franchisees to use their trademarked name and run the business according to the parent company's business model. For ...

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An Interesting Look at How Do Franchises Make Money

An Interesting Look at How Do Franchises Make Money

You can start a franchise, but you cannot own the company. Did you know? There are over 1500 franchisors in the United States. Every 12th business in the economy is a franchise business. With franchising, there is the ease of being sure of a certain percentage of profits on your investment, the company's brand ...

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How to Evaluate a Franchise Opportunity

How to Evaluate a Franchise Opportunity

Buying a franchise is no less than setting up a whole new business. It is true that the product or service is already in place, but that does not mean it is all set to go. Simply buying any franchise may not generate enough revenue to even recover your initial investment and the entire business may take a toll. It ...

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