Starting with a recognized brand, extensive training, tested products, and an established method of operation are just some of the things you can expect when you decide to purchase a franchise. What else should you expect from a franchisor?
Analyzing a franchise opportunity is the same as evaluating a franchise opportunity. It means to take a close look at everything about the franchise before you decide if it's the right franchise for you.
We've mentioned before that one way to get into business for yourself with less risk is by purchasing a franchise. Several advantages increase the franchise success rate and make it a "safer" option than starting a brand new business.
The benefits of being a franchise investor are varied. One of the biggest advantages of franchise investing is diversity.
Are you motivated by being your own boss, are you motivated by the potential financial rewards, or do you believe a franchise will be less work than starting a new business?