When it comes to owning your own business, one of the safest and most often successful approaches is to become a franchise owner. Here are some of the advantages to franchising as described by Entrepreneur Magazine:
- Track Record of Success.
- Strong Brand.
- Training Programs.
- Ongoing Operational Support.
- Marketing Assistance.
- Real Estate Assistance.
- Construction Assistance.
- Purchasing Power.
- Risk Avoidance.
Even franchises, however, can offer risks. Once you buy a new franchise, for example, you’ll need to find a site, do the build out, order and install the equipment, etc. This means you’ll have many months of expenses before you ever open your doors. Even worse, you never know how well a location will perform until after it is open.
One way to avoid these risks, expenses, and time delays, is to purchase an already established franchise. Today, existing franchise resales can often be purchased for a fraction of the cost of a new franchise. Please click here to view our Franchise Resale Opportunities.
If you’d rather purchase a new franchise, we can also help. Not only do we have a full-time franchise consultant standing by, but you can click here to check out over 1200 franchises registered with the IFA.
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