Existing, Established Franchises for Resale, Advertising, Franchise Financing Services
Franchises offer proven products with proven successes. Many people have opened and operated a business very similar to yours, so many of the operational problems and pitfalls have already been worked out. Franchises offer a well-known name that gives you instant recognition and built-in credibility. The best part is, 85% of franchise businesses are successful after five years. Less than 20% of non-franchise start-ups make it through the first five years.
Franchises also offer great opportunity to add additional locations in the future. And training, one of the most difficult tasks for a small business to manage, is usually handled by the franchise company.
Read more > January 14, 2008, 6:06 pm