There are a lot of sources out there that will tell you how to start a franchise and eventually how to run one. So, how do you start your search? Too much information almost makes decision-making worse. Here we’ve outlined some resources for those looking to open a new franchise.
Here, the authors shares pros and cons of small business ownership.
Here, the author shares why entrepreneurial business attracts more and more people.
Here, the author will share how to not give up when it seems next to impossible to continue.
Here, the author shares about mentoring franchise owners.
Some prospective business owners may ask, “Why should I invest in a franchise business when I can open my own independent business in the same industry?” The implication is that the first time business owner can do just as good a job opening their independent business as the franchise system does in opening its new outlets. And, since an independent business doesn’t pay royalties the novice independent business owner will put more money in their own pocket.
Choosing the right franchise is important to being successful. Use these four steps to build and adhere to a research plan for selecting a franchise.