A PRIMER ON GETTING A FRANCHISE BUSINESS
Posted by priscilya
A PRIMER ON GETTING A FRANCHISE BUSINESS....... by Joe LeechSo...you are thinking about either starting youra new businessfrom scratch, or possibly upgrading an existing business to takeadvantage of the benefit side of franchising such as possiblybetter advertising opportunities, better supply of goods forsale, name recognition.. any or all of the above.The attractions and benefits of the better known and reliablefranchises are many.But as is true in the laws of physics where it states "for everyaction there is an equal and opposite reaction", so it is trueof franchising, and to know if it Franchising is for you, youmust understand these basic tradeoffs.Franchising in a way is like a middle ground between beingtotally self employed and being an employee. You have manyfreedoms but as a franchisee, you have many, many rules to goby. The whole heart of franchising is STANDARDIZATION. And infact, its what you are paying for.One of the first things you have to ask yo...
