If you’re thinking of buying a franchise, don’t be tempted by what a franchise can do for you. Instead, think of what you like to do. Put passion before profit. Taking time to be introspective is not a waste of time. Unless you have a clear idea about your own likes and dislikes, wants and desires, strengths and weaknesses, you could make an expensive mistake.
So, how do you decide?
5 Questions to Ask
Imagine you were talking to a franchise broker, mulling that question over.…
It is the dream of millions of business owners to one day turn their company into a global franchise, a name known in every country throughout the world. Evolving into a franchise is a great opportunity for any business to grow and there are countless examples of those which have become incredibly successful.
However, franchising doesn’t guarantee success for every business and there are many ways in which it can fall through. Consider all the following factors first if you’re thinking about starting up a franchise or turning an existing business into one.…
